Business Pitch Dictionary by pitch.dog
Investor & fund types · Core

Angel investor

Also called: angel

ELI5

A person investing their own money in a startup.

Used in conversation

“The angel investor is helping with early customer introductions.”

Definition

An individual investing personal capital in an early-stage company.

Here “Angel investor” means: An individual investing personal capital in an early-stage company.

Pitch context

You will see “Angel investor” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches investor & fund types.

Why it matters: In investor & fund types, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 6

Direct term-level sources and supporting source families.