Description

• Early Stage & Seed: BSA focuses on companies that have a Minimum Viable Product (MVP) and early customer validation or pilot revenue.
• Expansion: They target companies seeking $500,000 to $2,000,000 in total funding to scale their operations.
• Method: Founders apply through the official Broad Street Angels application portal (hosted on the Dealum platform).
• Materials Required: A pitch deck, an executive summary, and a detailed "Use of Funds" plan.
• Screening Criteria: They prioritize "high-growth" potential ventures with a clear path to a liquidity event within 5–7 years. 
• 2026 Deadlines: To be considered for a specific month’s meeting, founders should apply at least four weeks in advance.

Eligibility

• Geography: Primarily targets companies in the Mid-Atlantic region (PA, NJ, DE, MD, NY).
• Sector: Industry-agnostic, with heavy historical activity in SaaS, MedTech, Consumer Products, and Advanced Manufacturing.
• Founder Profile: Strong preference for experienced management teams with a deep understanding of their market. 

Process

1. Online Submission: Applications are accepted on a rolling basis.
2. Screening Committee: A group of members reviews submissions to select 3–4 companies to pitch at a monthly screening meeting.
3. Member Meeting: Finalists pitch to the full membership (approximately 100+ accredited investors) during monthly dinner meetings.
4. Due Diligence: If interest is high, a due diligence team is formed to verify financials, legal standing, and product claims.
5. Investment: Individual members make independent decisions to commit capital, often aggregated into a single LLC. 

What an Applicant can Obtain

• Capital: Access to a network of high-net-worth alumni and executives.
• Expertise: Direct mentorship from a diverse membership that includes former CEOs, lawyers, and industry specialists.
• Drexel Connection: Potential for facilitated introductions to Drexel University’s research and talent ecosystem.