Investor profile

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The Abell Foundation

Family office

USHealthtechDeep TechClimateBio/PharmaConsumerOther

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Investment thesis

The Abell Foundation makes direct investments in innovative companies that create jobs in Baltimore, offer significant social and economic benefits to the community, and provide above-market returns that expand the Foundation's capacity to improve the quality of life in Baltimore. The Foundation invests in promising startup companies with proprietary innovations that offer the opportunity to simultaneously achieve above-market returns while adding benefit to society at large, and also deploys growth capital in mature companies creating employment opportunities in Baltimore City. Initial investments typically range from $150,000 to $500,000, and the Foundation prefers to invest alongside other sophisticated investors at closing, supporting portfolio companies through its experience, knowledge base, and substantial network of local and national connections.

Notable quotes

Abell has spent decades investing in Baltimore – its people, its neighborhoods and its future, and Fagan shares our unwavering belief in the potential of Baltimore.

Christy Wyskiel · https://abell.org/news-and-features/abells-next-president-and-ceo · 2025-08

We invest in promising startup companies with proprietary innovations that offer the opportunity to simultaneously achieve above market returns while adding benefit to society at large.

Eileen O'Rourke · https://abell.org/direct-investments

It's Baltimore's time and I am ready to get to work.

Fagan Harris · https://www.linkedin.com/posts/fagan-harris-57914a1b_honored-and-thrilled-to-step-into-the-role-activity-7414412498356867072-MjPM · 2026-01

Team

Eileen O'Rourke

Director of Impact Investing

HealthtechDeep TechClimateBio/Pharma

Fagan Harris

President and CEO

Other

Timothy J. Lordan

Chief Financial Officer

Christy Wyskiel

Chair, Board of Trustees

Charles Castelly

Financial Analyst

Kathy Larkin

Managing Director, Accounting & IT

Recent investments

CompanyRoundSizeDate
CoapTechSeries B$7m2024-09-07
Astek DiagnosticsSeed2024-03-28
MinnowtechSeries A2024-02-26
SIMPLiSeed2023-05
Linshom MedicalSeries A$650k2023-08-26
Pixelligent TechnologiesSeries B+$10m2016-08
GliknikSeed
BreetheSeed
emocha HealthSeed
ReGelTecSeed

Frequent co-investors

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