NJIT Highlanders Angel Network

The network does not disclose a named managing principal or investment committee. As a university-alumni angel group, deal selection is typically led by a steering committee of alumni volunteers, with final decisions made by member vote or consensus. (Per the NJIT Highlanders Angel Network's official communications and public description.)

The network sources deals through NJIT's technology transfer office, alumni founder networks, and partnerships with regional accelerators in the New York-New Jersey corridor. It also receives referrals from NJIT faculty and researchers commercializing university-developed intellectual property. This creates a direct pipeline from university labs to angel-backed startups.

It is structured as an angel network, not a venture capital fund. Members invest individually per deal rather than through a pooled fund. This structure allows alumni to self-select which companies they back, typical for university-affiliated angel groups. The network does not charge management fees or carry interest.

The network targets seed and Series A stage companies. Its focus is on early-stage ventures where NJIT's technical expertise — in engineering, computing, and applied sciences — can provide meaningful value beyond capital. The network generally does not participate in later-stage or growth equity rounds.

While the network has a natural geographic focus on the New York-New Jersey region due to its university ties, it does not impose a strict geographic mandate. Investments may span companies with NJIT alumni founders or those commercializing university research regardless of location, though regional proximity to members is a practical factor.