About Hub Angels
Hub Angels, established in 2000, is an angel investment group based in Boston, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 29 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like DraftKings, Stake and Vestmark. As of Jul 2026, Hub Angels has witnessed 13 portfolio exits. Its latest investment was a $2.7M Seed round in Myrias Optics on May 04, 2026, which also saw participation from UMass and Channel39Ventures.
To date, 65 investors have co-invested in Hub Angels's portfolio companies, including prominent names like LaunchCapital.
Key Metrics
Founded Year
2000
Location
Boston, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 1 more
Locations of Investment
Hub Angels' List of Top Investments
Hub Angels has a portfolio of 29 companies. Their most notable investments are in BoardOnTrack and Copiun.Their portfolio spans across United States, Canada, United Arab Emirates and 1 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 13 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Hub Angels:
1. DraftKings
Platform providing online solutions for fantasy sports and sports betting. It is a leading online platform offering daily fantasy sports and sportsbook services including real money betting and fantasy sports contests. They operate a user friendly website and mobile app providing a range of sports and entertainment options for enthusiasts.
Key facts about DraftKings
- Founded Year: 2012
- Location: Boston (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $719M
- Employee Count: 5,691 as on May 31, 2026
- Investors: Schechter, Next Round Capital and 49 Others
- Latest Funding Round: Post IPO, Sep 02, 2020, $*****
- Highlight: Public
2. Stake
Alternative investment platform for real estate. It provides a platform for users to invest in various real estate properties. Its features include opening up a profile, search for the type of property they want to invest in, and get rental income in return for investing. It also lets real estate agents and property owners put up properties for investment or sale.
Key facts about Stake
- Founded Year: 2020
- Location: Dubai (United Arab Emirates)
- Stage: Series B
- Total Funding till date: $65M
- Employee Count: 153 as on May 31, 2026
- Investors: Mubadala, Thrive Capital and 22 Others
- Latest Funding Round: Conventional Debt, Mar 11, 2026, $*****
- Highlight: Editors' Pick
3. Vestmark
Trade management solutions for capital market brokers. It offers trade management solutions for capital market brokers, dealers, investment managers, RIAs, bank trusts, and other financial firms. It features VestmarkONE, a robo advisory investment platform that helps advisors deliver investment services for clients.
Key facts about Vestmark
- Founded Year: 2001
- Location: Wakefield (United States)
- Stage: Series C
- Total Funding till date: $64.2M
- Employee Count: 435 as on May 31, 2026
- Investors: Savano Capital Partners, Summit Partners and 6 Others
- Latest Funding Round: Series C, Oct 10, 2017, $*****
- Highlight: Editors' Pick
4. ClearGov
Provider of cloud-based budget and performance management software. It offers budget cycle management which includes capital budgeting, personnel budgeting, operational budgeting, and a digital budget book. It does the budgeting process in 3 steps, namely collect, create and communicate.
Key facts about ClearGov
- Founded Year: 2015
- Location: Hopkinton (United States)
- Stage: Series B
- Total Funding till date: $34.5M
- Employee Count: 338 as on May 31, 2026
- Investors: Kepha Partners, Frontier Growth and 8 Others
- Latest Funding Round: Series B, Mar 12, 2024, $*****
- Highlight: Editors' Pick
5. Localytics
Localytics provides an analytics and marketing platform for mobile and web apps. The platform allows organizations to gain deep, actionable insights into app user behavior, and create automated marketing programs through targeted push and in-app messaging, and a personalized in-app experience. It is used in 25K+ apps on 1.5B+ devices collecting 50B data points monthly. Working with 5K+ companies such as ESPN, eBay, Fox, and The New York Times. Acquired Splitforce, an automated A/B testing and predictive analytics tool for mobile in Apr, 2015.
Key facts about Localytics
- Founded Year: 2008
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $59.7M
- Employee Count: 1 as on May 31, 2026
- Investors: Northgate Capital, Sapphire Ventures and 18 Others
- Latest Funding Round: Conventional Debt, 2016, $*****
- Highlight: Acquired
Hub Angels' Year-on-Year Investment Trends
Hub Angels has invested in 29 companies over the last 23 years, with an average of 1 new investment annually in the last 10 years. As of May 2026, it has made 3 investments in this year. Its most recent first time investment was in Myrias Optics and most recent follow-on round was in Carbide.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 1 | 1 | 2 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
2017 | 1 | 0 | 1 |
Hub Angels' Investments by Stage
Hub Angels has made 14 investments in Seed stage with an average round size of $3.12M, 11 investments in Series A stage with an average round size of $3.34M and 3 investments in Series B stage with an average round size of $7.23M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 11 |
Series B | 3 |
Note: We have considered here, only first round of investments
Hub Angels' Investments by Sector
Hub Angels has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, FinTech and Consumer. Notably, it has invested in 26 Tech companies, 23 Enterprise (B2B) companies, 20 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
High Tech | 6 |
Vertical SaaS | 5 |
FinTech | 4 |
Consumer | 3 |
Others | 27 |
Note: We have considered here, only first round of investments
Hub Angels' Investments by Geography
Hub Angels has made most investments in United States (24), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 24 |
Canada | 1 |
United Arab Emirates | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Hub Angels' recent investments
Hub Angels has made 3 investments in 2026 so far. Myrias Optics and Stake are the latest among them.Here are the most recent investments by Hub Angels:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 04, 2026 | United States | Seed | 2697 | [+2] | |
Mar 11, 2026 | United States | Seed | 8624 | [+5] | |
Mar 11, 2026 | United Arab Emirates | Series B | 3571 | [+6] | |
Apr 02, 2024 | United States | Seed | 2389 | [+2] | |
Mar 27, 2024 | United States | Series A | 1955 | [+7] |
IPOs and Publicly Listed companies in Hub Angels' Portfolio
1 of Hub Angels' portfolio company became public - DraftKings. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2019 at marketcap of $438MHere are Hub Angels' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 25, 2019 | Jul 18, 2012 | Seed | 5981 |
Acquired companies in Hub Angels' Portfolio
12 companies from Hub Angels' portfolio have been acquired. The most recent acquisition was Repsly in Jan 2025 by Cuadrilla Capital for $*****.Here are Hub Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 16, 2025 | Jun 28, 2017 | Seed | 3273 | |
Jun 13, 2024 | Apr 15, 2022 | Seed | 6457 | |
May 02, 2024 | Jun 19, 2015 | Seed | 8764 | |
Feb 07, 2020 | Apr 18, 2011 | Series A | 2583 | |
Jan 14, 2020 | Dec 23, 2013 | Seed | 3873 |
Team profile of Hub Angels
Hub Angels has a team of 2 members located in United States. Hub Angels' team does not sit on the board of any company as of now.Co-investors of Hub Angels
Over the past 23 years, 175 investors have co-invested in Hub Angels's portfolio companies. This includes funds and angels.
- Invested before Hub Angels: MassVentures, Techstars and 53 others have invested in rounds before Hub Angels. There are 4 companies where MassVentures has invested before Hub Angels and 3 companies where Techstars has invested before Hub Angels.
- Top Co-investors of Hub Angels: 65 investors entered a company along with Hub Angels. These include investors like LaunchCapital (7 companies).
- Invested after Hub Angels: A total of 55 investors have invested in Hub Angels's portfolio after their investments. Top Investors include Stage 1 Ventures (2 companies) and NIH (2 companies).
Recent News related to Hub Angels
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Seed Funding, Prize Money to Help Juniper Biomedical Improve Pelvic HealthMedical Product Outsourcing•May 10, 2024•Juniper Biomedical, Aatma Capital, Hub Angels, Beacon Angels
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Cyvl: AI-Powered Mapping Technology Company Raises $6 MillionPulse 2.0•Apr 03, 2024•Cyvl, Companyon Ventures, Argon Ventures, Aero X Ventures and 6 others
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Juniper Biomedical Secures Seed Funding to Accelerate Growth and Innovation in Pelvic Health Disorders.Business Wire•Apr 02, 2024•Juniper Biomedical, Neuromod Prize, , Aatma Capital and 3 others
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Cyvl.ai Raises $6M in FundingFinSMEs•Mar 29, 2024•Cyvl, Hub Angels, Launchpad Venture Group, RiverPark Ventures and 7 others
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Securicy Lands Additional $4.1M Seed Funding from Allos Ventures and Build VenturesMarTech Series•Dec 22, 2021•Carbide, Allos Ventures, Concrete Ventures, Hub Angels and 1 other
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Monitaur Uses Industry Traction to Successfully Close $2.6 Million in FundingGlobeNewswire•May 11, 2021•Monitaur Ai, Techstars, MTech Capital, Hub Angels
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Nova Scotia’s Securicy Raises $1.8 Million From Public, Private InvestorsBetaKit•Jul 09, 2019•Carbide, Hub Angels, Panache Ventures, Concrete Ventures and 3 others
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MachineMetrics Announces $11.3 Million Series A Funding RoundPR Newswire•Dec 11, 2018•MachineMetrics, Tola Capital, Hyperplane, LRVHealth and 3 others
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Maynard startup ClearGov raises $2M to make sense of your town's financesThe Business Journals•Jun 06, 2018•ClearGov, LaunchCapital, RiverPark Ventures, Hub Angels
