# Bluegrass Angels: portfolio, investments and team

> Bluegrass Angels is an angel network based in United States. 5 investments on record, latest Jan 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/bluegrass-angels (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Bluegrass Angels

Last cheque observed Jan 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet Angel network

Pre-seed Seed Series A Industry Agnostic Agnostic No Sector

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **669** days **00** hrs **00** min **00** sec

Median round **$2.6M** Cheque size, as they say **$100K – $5.0M** Rounds led **0 of 5** Exits **1 from the portfolio** Mostly in **United States, 100%**

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## Bluegrass Angels highlights

- 01 5 rounds on record
- 02 Mostly Series A and Seed: 60% of its rounds
- 03 1 exits from the portfolio

## What they do

> The Bluegrass Angels is a volunteer-led group of skilled and experienced business leaders who fund and mentor innovative, high-tech Kentucky startups. From their own website

- **Type:** Angel network (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Industry Agnostic Agnostic No Sector
- **Based in:** Lexington, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **5 appearances**

- **2025** 1 round
- **Jan** **[Nichefire](https://millionrounds.com/company/nichefire)** Seed · US · Firms' own news pages **$2.6M** With 6 others
- **2014** 1 round
- **Feb** **[TNG Pharmaceuticals](https://millionrounds.com/company/tng-pharmaceuticals)** Series A · US **$4.6M** With 5 others
- **2010** 1 round
- **Jan** **[Allylix](https://millionrounds.com/company/allylix)** Series C · US · allylix.com **$9.0M** With 4 others
- **2007** 2 rounds
- **Nov** **[Allylix](https://millionrounds.com/company/allylix)** Venture · US **$3.4M** With 4 others
- **Jul** **[AllTranz](https://millionrounds.com/company/alltranz)** Series A · US **$860K** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**15** of 29 we have independently watched raise

[Bertthinfilms](https://millionrounds.com/company/bert-thin-films)[Freshfry](https://millionrounds.com/company/freshfry)[Hummingbird Nano](https://millionrounds.com/company/hummingbird-nano)[Lepidext](https://millionrounds.com/company/lepidext)[Liberate Medical](https://millionrounds.com/company/liberate-medical)[Moolathon](https://millionrounds.com/company/moolathon)[Nichefire](https://millionrounds.com/company/nichefire)[Parasightsystem](https://millionrounds.com/company/parasight-system)[Pcchydrogen](https://millionrounds.com/company/pcc-hydrogen)[Preventscripts](https://millionrounds.com/company/preventscripts)[Pyrochemcatalyst](https://millionrounds.com/company/pyrochem-catalyst)[Resound](https://millionrounds.com/company/resound)[Switcherstudio](https://millionrounds.com/company/switcher-studio)[Virtual Peaker](https://millionrounds.com/company/virtual-peaker)[Xenaintelligence](https://millionrounds.com/company/xena-intelligence) Getavail Getomnilife Getpavr Gun Media Hera BioLabs Hippo Manager Onovativebanking Planstreetinc PowerTech Water Seikowave Smart Farm Superfaninc Theatrium Design Thynkhealth

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Allylix](https://millionrounds.com/company/allylix)** Bought by Evolva **Undisclosed** Nov 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.6M** the round, not its cheque

Led 0 of 5 rounds **0%**

- **Said size:** $100K – $5.0M
- **Sole investor:** Never alone
- **Last cheque:** Jan 2025
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *2*
- Seed said *1*
- Series C *1*
- Venture *1*
- Pre-seed said *-*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Commonwealth Seed Capital](https://millionrounds.com/fund/commonwealth-seed-capital) 3
- [Life Science Angels](https://millionrounds.com/fund/life-science-angels) 2
- [Pasadena Angels](https://millionrounds.com/fund/pasadena-angels) 2
- [Tech Coast Angels](https://millionrounds.com/fund/tech-coast-angels) 2

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## Who they invest alongside

The investors most often in the same rounds as Bluegrass Angels. A count of rooms they were both in, not a relationship either has claimed.

[**Commonwealth Seed Capital** VC firm **3** rounds together](https://millionrounds.com/fund/commonwealth-seed-capital)[**Life Science Angels** Angel network **2** rounds together](https://millionrounds.com/fund/life-science-angels)[**Pasadena Angels** Angel network **2** rounds together](https://millionrounds.com/fund/pasadena-angels)[**Tech Coast Angels** VC firm **2** rounds together](https://millionrounds.com/fund/tech-coast-angels)

## Recently backed

The latest companies Bluegrass Angels put money into.

[**Nichefire** $2.6M · Jan 2025](https://millionrounds.com/company/nichefire)

## Quick answers about Bluegrass Angels

### What does Bluegrass Angels invest in?

Bluegrass Angels invests most often at Series A and Seed (60% of the rounds on record), in sectors such as Industry Agnostic, Agnostic and No Sector.

### How active is Bluegrass Angels?

5 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2025.

### What has Bluegrass Angels invested in recently?

Its most recent investments on record: Nichefire (Seed, Jan 2025).

### How big are Bluegrass Angels's cheques?

The median round it joins is $2.6M. It says it writes cheques of $100K to $5.0M.

### Does Bluegrass Angels lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Where does Bluegrass Angels invest?

Most of the companies it backs are in the United States (100%).

### Is Bluegrass Angels investing now?

No investments in the last 12 months; the latest was in Jan 2025.

### Who does Bluegrass Angels invest alongside?

Most often Commonwealth Seed Capital (3 rounds together), Life Science Angels (2 rounds together) and Pasadena Angels (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=bluegrass-angels) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=bluegrass-angels)
