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MIT Alumni Angels of DC (MITAADC) is a venture capital and private equity firm focused on connecting startups and investors from the Massachusetts of Technology (MIT) community in Washington, D.C. that is headquartered in Washington, D.C. and was founded in October 2018 by Terry Hsiao, Dave Lemus, and Al Mink. Other MIT angel investor chapters are the MIT Alumni Angels of Boston, MIT Alumni Angels of New York, MIT Alumni Life Science Angels of Boston, and MIT Angels Alumni of Northern California.
The company holds quarterly pitch contests with 3-5 companies pitching their business plans to over 99 accredited MIT alumni investors. Each business pitching their company typically have at least one founding / management team member, board member or adviser who is affiliated with MIT. The company helps leverage the knowledge and experience of MIT alumni in the DC area with investments, and business mentorship. Investors that are members of the MIT Alumni Angels of DC have experience in executive management, management, technical leadership roles in information technology, big data, and healthcare industries.
