# TBD Angels

TBD Angels is an Angel Group based in Boston, United States.

## Overview

- **Organization type:** Angel Group
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** Boston, MA, United States
- **Founded:** 2011
- **Assets under management:** Undisclosed
- **Website:** www.tbdangels.com
- **LinkedIn:** https://www.linkedin.com/company/tbdangels

## Regulatory record

- **Reports private funds:** No

## About

TBD Angels is an angel investor group of like-minded company operators who thrive on sharing advice, guidance and capital with talented entrepreneurs

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- FinTech

## Offices

- San Francisco, CA, United States
- New York, NY, United States

## People

- Jere Doyle — Co-Founder
- Jeff Fagnan — Co-Founder
- Ty Danco — Managing Director
- Hambleton Lord — Managing Director

## Questions

### How does TBD Angels structure its investment decisions?

TBD Angels operates as a member-driven syndicate rather than a blind-pool fund. Members source deal flow individually, the group conducts shared diligence, and then each accredited investor decides independently whether to participate via a special purpose vehicle. There is no centralized investment committee that binds members to a specific allocation.

### What distinguishes TBD Angels from a traditional venture capital firm?

TBD Angels does not raise committed funds from limited partners. Instead, it is an angel network where members invest their own capital on a deal-by-deal basis. This gives members individual discretion, avoids fund-lifecycle pressure on exits, and provides portfolio companies with a broad syndicate of operators rather than a single GP relationship.

### Which geographies does TBD Angels invest in?

The network concentrates on the Boston-Cambridge corridor, the San Francisco Bay Area, and New York, reflecting where its members live and operate. While it occasionally reviews deals from other technology hubs, its sourcing advantage is strongest in the Northeast, particularly companies emerging from MIT, Harvard, and Northeastern labs.

### Who constitutes the membership of TBD Angels, and how does one join?

The network comprises over 200 accredited investors, predominantly former technology founders and executives who exited companies through acquisition or IPO. Membership is curated and by invitation. TBD Angels does not publicly disclose its full membership roster, but the network has ties to alumni from Boston-area enterprise software successes including Carbonite and HubSpot.

### Is TBD Angels actively deploying capital currently?

Yes. TBD Angels continues to syndicate seed and pre-seed rounds in enterprise software, AI/ML, digital health, and fintech. The group expanded its event programming in 2023 specifically to increase deal flow from Boston-area university labs, signaling a deliberate effort to maintain deployment velocity in the current market environment (per the firm's official communications).

## Related profiles

- [TBA Network](https://altss.com/profile/tba-network)
- [TBDF Ventures](https://altss.com/profile/tbdf-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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