Phil Nevels is the Chicago director of NextGen Angels, an angel network focused on seed-stage investments in Washington, New York, Boston and Austin, Texas.
“I see it as a community of entrepreneurial people supporting other entrepreneurs,” Nevels said. The group aims to bring post-investment value to companies in the form of connections to customers, mentors, new funding sources and moral support.
Nevels took the post in July 2015 after a nearly two years as executive director of World Business Chicago’s tech council ChicagoNext, where he helped launch initiatives like the Chicago Venture Summit, Cleantech Innovation Bridge and Think Chicago.
“I think he has the background, the credibility and the raw talent to be an incredible startup investor and to galvanize young entrepreneurial leaders to participate in the investing process,” said NextGen Angels founder and CEO Dan Mindus.
Under Nevels, ChicagoNext also expanded its focus areas of cleantech, bioscience and Web/mobile to include fintech.
Prior to ChicagoNext, Nevels co-founded Power2Switch, which helped residential and commercial customers shop for electricity. The company was acquired by competitor Choose Energy in 2013.
Nevels received an MBA from the University of Chicago Booth School of Business and a bachelor’s degree in electrical engineering from Princeton University.