Maine Angels invests in early-stage companies across New England, with a focus on Maine-based businesses. The firm targets pre-revenue and early-revenue startups in diverse sectors including education, entertainment, media, energy, clean technology, biotechnology, medical devices, software, and real estate. Maine Angels provides both capital investment and mentorship to support promising entrepreneurs in their portfolio.
Notable investments include American Unagi, ezCater, and SQZ Biotechnologies. The firm has invested in over 100 companies since its inception, primarily in Maine and surrounding states. Maine Angels offers value beyond capital through its network of experienced investors who provide mentorship and guidance to portfolio companies, helping to foster growth and innovation in the New England startup ecosystem.
Maine Angels - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments94
Current Portfolio Count47
Total Portfolio Exits2
Top Investment Stages
Seed34 (41.0%)
Series Unknown18 (21.7%)
Angel15 (18.1%)
Series A11 (13.3%)
Series B5 (6.0%)
Stage Mix
Seed 41%Series Unknown 22%Angel 18%Series A 13%Series B 6%
Concentration shown as share of disclosed investments by stage.
Maine Angels - Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- 6799Investors, Not Elsewhere Classified
Show 6 more industry codes
- NAICS
- 525000Funds, Trusts, and Other Financial Vehicles
- 523910Miscellaneous Intermediation
- 523940Portfolio Management and Investment Advice
- SIC
- 6000Depository Institutions
- 6720Investment Offices
- 6722Management Investment Offices, Open-end