What is an Angel Investor?
Angel investors are individuals who invest their personal money in startups, typically at the earliest stages before venture capital firms get involved.
Characteristics
- Invest personal funds (not institutional)
- Typical check size: $25,000 - $500,000
- Often former entrepreneurs
- Provide mentorship and connections
- More patient than VCs
Finding Angel Investors
- AngelList and similar platforms
- Angel groups and networks
- Startup accelerators
- Industry events and conferences
- Warm introductions
What Angels Look For
- Strong founding team
- Large market opportunity
- Clear problem-solution fit
- Early traction or validation
- Reasonable valuation