Lexington, Mass.-based CommonAngels has
reportedly raised $10 million for a new (it’s third) co-investment
fund, according to a regulatory filing today. The last time the group
raised funds was back in 2005, to the tune of just over $10M.
CommonAngels, named after the city’s historic public meeting grounds, is a group of 75 leading private investors and several dozen limited partners in two co-investment funds (make it three now). Their main focus is on capital efficiency: Series A rounds of $5ook-$5M with total capital less than $20M.
Congrats to James Geshwiler and everyone at CommonAngels on this latest fund raising; this news will certainly excite the innovation economy here in Boston.
To read the full, original article click on this link: CommonAngels Raises $10M | Bostinnovation: Boston Tech and Innovation News Blog
Author: Greg Gomer
