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SideCar Angels is a Boston-based angel group that rides 'sidecar' with top-tier angel groups, VCs and entrepreneurs to help build early-stage companies. Founded in late 2012, SideCar Angels makes six-figure investments in early-stage companies, and is already among the most active angel groups in the country. SideCar Angels is able to supply quick capital -- as fast as 48 hours -- by leveraging the due diligence of lead investors. SideCar's first Fund went into harvest mode at the end of 2017, having achieved an IRR of ~37%. Fund II commenced investing in 2018 and had made investments in 13 companies by year-end. The fund targets scalable projects oriented towards fast-growing markets, particularly those based in the Boston vicinity. The group has been brought into syndicates led by Atlas Ventures, Breton Capital, Broadview Ventures, InterWest Partners, MassVentures, Polaris Partners, Safeguard Scientifics, Schooner Capital, Golden Seeds, Hub Angels, Launchpad and Mass Medical Angels, among others.
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