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DxAngels

Angel syndicate

USHealthtechAI/MLB2B SaaSMarketplaces

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Investment thesis

DxAngels is an investment syndicate of Doximity alumni, physicians, and health tech leaders that invests $300k–$500k in seed and Series A digital health startups. The syndicate prefers companies that have moved beyond initial stages of product-market fit and are looking to scale, pairing capital with the combined expertise of dozens of Doximity alumni, tech-forward physicians, and health tech leaders. The founding team — Ahmed Belal, Mujtaba Badat, and Dr. Peter Alperin — were all early employees at Doximity (NYSE: DOCS), where they helped build the largest medical network in the U.S. Their family office vehicle, Belal Badat Ventures, also writes angel checks into digital health startups from conception to growth stage, broadening the syndicate's stage coverage.

Notable quotes

Our syndicate prefers companies that have moved beyond initial stages of product-market fit and are looking to scale.

DxAngels (team) · dxangels.com (website)

The investment comes with the combined brain power and experience of dozens of Doximity alumni, tech-forward physicians, and health tech leaders who want to help founders grow their businesses.

DxAngels (team) · dxangels.com (website)

Team

Ahmed Belal

Co-Founder

HealthtechAI/MLB2B SaaS

Mujtaba Badat

Co-Founder

HealthtechMarketplacesB2B SaaS

Peter Alperin, MD

Co-Founder & Venture Partner

HealthtechAI/ML

Recent investments

CompanyRoundSizeDate
Italic HealthSeed2026-01-16
Mishe HealthSeed2025-01-01
Maya AISeed2024-07-01
Syndicate BioSeed2024-10-01
MedzoomerSeed2024-08-01
RefAssuredSeed$3m
Pulse Charter ConnectSeed2023-12-01
Flourish HealthSeed2023-06-01
WellniteSeed2022-05-01
Krewe AnesthesiaSeed2024-01-01

Frequent co-investors

VC firmDeals together
Alumni Ventures2
HighSage Ventures2
Bullhorn Ventures1
Dogwood Ventures1
Flex Capital1
Mana Ventures1

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