Angel Healthcare Investors, LLC was founded in 1999 by Alan Solomont, Chester Black, and the late Susan Bailis to leverage the expertise and resources of their colleagues in response to healthcare investment opportunities. This group was dedicated to helping select early-stage healthcare companies access valuable professional networks, quickly tackle their problems, and achieve critical business milestones. Early on, Angel Healthcare expanded its focus to the opportunities and needs of related businesses in biotechnology, diagnostics and medical devices, and bioinformatics.

Today, Angel Healthcare has committed over $18 million to more than 30 opportunities as part of transactions with an aggregate value of over $500 million. Angel Healthcare has been invited to participate in a variety of transactions due to the demonstrated track record of its membership. Angel members contribute directly to a company's growth through advisory roles, board membership, and use of networking resources. The Angel Healthcare network extends beyond its membership and comprises prominent healthcare professional service organizations, angel investor groups, venture capital firms, and academic institutions, among others.

Since its origination, Angel Healthcare has achieved its mission by creating value for its portfolio of healthcare and life sciences companies through targeted financial-, intellectual- and human-capital investments.