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Key people at MIT Alumni Angels of Washington, D.C..
MIT Alumni Angels of Washington, D.C. (MITAADC) operates as an angel investment network dedicated to fostering innovation by connecting early-stage companies with accredited investors from the Massachusetts Institute of Technology alumni community. The organization facilitates these connections through structured pitch events and social gatherings, enabling entrepreneurs to secure capital and gain mentorship while allowing investors to discover promising ventures. MITAADC leverages the extensive knowledge and experience inherent within the global MIT network to support startup growth and development.
This regional chapter was established in October 2018 by the local MIT alumni community, recognizing an opportunity to organize and channel the collective investment interest and entrepreneurial spirit present in the Washington, D.C. metropolitan area. The founding insight centered on creating a formalized platform where the intellectual capital and financial resources of MIT graduates could directly support the next generation of innovators, drawing upon shared institutional values of problem-solving and technological advancement.
MITAADC primarily serves entrepreneurs seeking seed or early-stage funding, particularly those with a connection to the MIT ecosystem, and accredited MIT alumni investors looking for curated investment opportunities. The organization’s vision is to cultivate a vibrant entrepreneurial landscape by bridging the gap between innovative ideas and essential early-stage capital, thereby accelerating the development of impactful technologies and businesses within the expansive MIT alumni network.
Key people at MIT Alumni Angels of Washington, D.C..
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 16, 2019 | Remodelmate | $520K Seed | Thatcher Bell | Dorm Room Fund, Mckeever Conwell, II |