Broad Street Angels Invested Over $11 Million Invested Since Founding | $1.3 Million in New Investments in 2024
3 New Portfolio Companies Added in 2024
PHILADELPHIA, PA – April 6, 2025 — Broad Street Angels (BSA), a leading angel investment group affiliated with the Union League of Philadelphia, hosted its 2025 Annual Meeting at the League, highlighting a record of impactful investments, expanding membership, and notable achievements by its dynamic portfolio companies.
Since its founding in 2017, Broad Street Angels has invested more than $11 million in dozens of startup companies, cementing its role as a premier source of capital, expertise, and network for high-growth ventures in the Mid-Atlantic region.
📊 By the Numbers: Broad Street Angels at a Glance
- $1.3 million invested in 22 new and follow-on investments in 2024
- $11 million+ invested since 2017
- 211 applications screened in 2024
- 34 company pitches evaluated
- Geographic Focus: Mid-Atlantic region, with national impact
🚀 New Investments in 2024
Broad Street Angels welcomed three new companies into its portfolio in 2024, spanning sectors from advanced tech to consumer products:
- Atalan – helps health systems predict and prevent workforce burnout and turnover
- Hazel – luxe femme care brand in the incontinence category
- Integrated Reality Labs – advanced tech elevating in-real-life gaming experiences
These companies represent the future of innovation and reflect BSA’s commitment to investing in transformative technologies and mission-driven founders.
💬 Leadership Commentary
“Our continued success is grounded in the talent and vision of our members and the remarkable entrepreneurs we support,” said Melissa Ludwig, Chair of Broad Street Angels. “In 2024, in a year when funding for startups was tough, we didn’t just write checks — we built relationships, opened doors, and strengthened the innovation fabric of the Mid-Atlantic.”
🔮 Looking Ahead to 2025
With momentum building, Broad Street Angels enters 2025 with a strong pipeline of investment opportunities and a continued focus on scalable, high-impact innovation.
📌 About Broad Street Angels
Broad Street Angels is a group of accredited investors affiliated with the Union League of Philadelphia, committed to investing in high-growth early-stage companies in the Mid-Atlantic region. Since 2017, the group has invested over $11 million across a diverse portfolio of companies in sectors including healthcare, enterprise software, data analytics, sustainability, and consumer products.
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