Boole Investment Syndicate

Overview

The Boole Investment Syndicate is an angel investment group based in Cork, Ireland, focusing on high-growth startups. Established in 2012, the syndicate has invested over €15 million in early-stage companies, primarily in the sectors of information technology, medical devices, and life sciences. The syndicate comprises over 50 members, with approximately 30 actively investing at any given time. The Boole Investment Syndicate operates a structured, professionally managed model designed to simplify the process for investors and founders. Typical investments range from €5,000 to €25,000 per company, with members participating in three to eight deals annually. A sidecar membership option is also available for those who prefer to follow the lead of in-person members. The syndicate works closely with AxisBIC to provide members access to more than 30 pre-screened, investor-ready startups. Many deals qualify for Enterprise Ireland Investment Scheme (EIIS) tax relief, offering investors a tax-efficient route to returns. The Boole Investment Syndicate has backed companies including AventaMed, Ovagen, Gasgon Medical, Oncoassure, JustTip, FlexiDrive, and eIDEasy. These investments often unlock additional funding from private sources, venture capital firms, and Enterprise Ireland, multiplying the capital available to startups. The syndicate's role is to make angel investment as easy as possible for busy angel investors and to offer support to startup promoters, providing fast responses, feedback, and investments. The Boole Investment Syndicate is a not-for-profit organisation which facilitates angel investment into high-growth startups. There are currently 38 active members with a goal to increase that to 50 by April 2026. Since its founding, Boole has played a key role in delivering substantial returns for investors and supporting the successful growth of companies like AventaMed, Ovagen, Gasgon Medical, Oncoassure, JustTip, FlexiDrive, and eIDEasy. In the past year alone, the syndicate has invested €2.2 million into 15 investments, reflecting a 52% increase compared to previous years. The investments often unlock five times additional funding from private sources and government programmes as well as Venture Capitalists and Enterprise Ireland, expanding the support available to startups nationwide. Working closely with AxisBIC, Boole offers members a unique opportunity to hear from over 30 pre-screened investor-ready high growth startups. Many of the investments qualify for EIIS tax benefits, enabling maximum returns in a tax-efficient manner. Networking and capacity-building are central, with members learning from and collaborating alongside seasoned investors such as Boole’s Chair Shemas Eivers, who has invested in over 70 companies to date. Investors benefit from a flexible investment model with typical angel investments ranging from €5,000 to €25,000+ into three to eight companies per year, investing as a group. Donagh Kiernan, Managing Director, The Boole Angel Investment Syndicate, added: “Boole’s role is to make angel investment as easy as possible for busy angel investors, and to offer support to startup promoters, providing fast responses, feedback and investments. Boole operates on a consistent structured process low operating cost model.” As well as in-person members, Boole offers a Sidecar Membership, allowing investors to follow in-person member investments. Boole Angel Investment Syndicate is professionally managed, ensuring a structured, high-quality process for both investors and investee companies.

Investment Focus

• Active and potential investors are invited to a membership event at the NSC Campus in Mahon, Cork on Wednesday, November 26th from 12pm to 2pm. Attendees can expect to learn more about angel investing, meet peers from the region, and hear first-hand from Boole’s leadership and active investors.

Portfolio Companies