Investor profile

Broad Street Angels logo

Broad Street Angels

Angel syndicate

Mid-Atlantic USPhiladelphiaPennsylvaniaNew JerseyDelawareMarylandWashington DCConnecticutHealthtechB2B SaaSAI/MLConsumerFintechBio/PharmaEnterpriseDeep Tech

See how your deck fits this investor's thesis, stage, and ticket size.

Analyse your fit

Investment thesis

Broad Street Angels is an affinity club of The Union League of Philadelphia consisting of nearly 125 accredited investors who actively invest in qualified, early-stage enterprises in the Mid-Atlantic region. The group focuses on passionate, smart, coachable entrepreneurs willing to do what it takes to build a successful business with a straight path to growth. Members bring senior level expertise across numerous industries including healthcare, medical devices, technology, finance, real estate, intellectual property law, and more. The group emphasizes not just bringing capital but also brain power, with members serving on boards, making introductions to customers and partners, and providing consulting services to help portfolio companies reach their next milestone. Since 2017, BSA has invested nearly $14 million across over 50 companies in the Mid-Atlantic region.

Notable quotes

Zenapse provided us with a compelling business model using its proprietary technologies. We are looking forward to seeing this company grow to the next level as it helps customers drive efficiencies in their sales processes.

Bob Ciaruffoli · Broad Street Angels website - Zenapse investment announcement · 2022-07-26

I look forward to continuing to provide our members with investment opportunities to help grow the startup eco-system in the mid-Atlantic, and especially the Philadelphia region.

Bob Ciaruffoli · Broad Street Angels website - About page

Team

Melissa Ludwig

Chair

ConsumerEnterprise

Robert J. Ciaruffoli

Founder, Immediate Past Chair, Screening Committee Chair

EnterpriseB2B SaaS

RoseAnn B. Rosenthal

Founder, Chair Emeritus

Deep TechEnterprise

Susan Yee

Executive Committee Member, Communications Chair

Doc Parghi

Executive Committee Member

Jeff Griffiths

Executive Committee Member

Recent investments

CompanyRoundSizeDate
Forma MedicalSeed2025
New Issue IQ (Allocations)Seed2025
Otolith LabsSeed2025
Strados LabsPre-Series A$5m2022-01-05
ZenapseSeed2022-07
Modern PicnicSeed2022
DreamVuSeed2021
LulaSeed2021
Bubble GoodsSeed
EpistemixSeed

Frequent co-investors

Fit check

Is Broad Street Angels a match for your startup?

Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.

Analyse your fit