Halcyon Angels

Launched in 2019, the Halcyon Angels are an active group of angel investors gathering quarterly to hear pitches from a curated group of promising impact-driven businesses. Initially funded through a grant from the U.S. Department of Commerce’s Economic Development Administration, Halcyon Angels was developed to address a funding gap for social entrepreneurs – particularly women founders and founders of color, who make up the majority of Halcyon’s fellows.

Learn more about the Halcyon Angels on their website.

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Steph Speirs

Why Impact Investing?

Three main ideas drive both our interest in impact investing, and our philosophy for this work:


We believe in impact-driven business.

Our approach is grounded in the belief that businesses that build impact into their DNA can leverage that orientation to gain and maintain competitive advantages, attract and retain talent, and provide unique value to clients, customers, or partners. In short? We think social ventures are positioned to out-perform their conventional counterparts.


We know social ventures need capital.

We’ve been running the Halcyon Incubator since 2014, providing housing, mentorship, and funds to over 100 ventures without taking equity. But fellows told us directly that they needed those investment opportunities – they needed to see more funding vehicles not just open to, but intent on, supporting social ventures.


We want to close funding gaps.

Our fellows weren’t just facing challenges in securing funds because they founded social ventures. Most Halcyon ventures have a women founder or co-founder, and a founder or co-founder of color. We’re stepping into the impact investing space with a commitment to closing funding gaps that traditionally limit access to capital for women and Black and Brown entrepreneurs.