Investor & fund types · Working

Angel syndicate

Also called: angel group

ELI5

Several individuals invest together.

Used in conversation

“The angel syndicate follows one experienced lead.”

Definition

A group of angel investors pooling or coordinating investment into a deal.

Here “Angel syndicate” means: A group of angel investors pooling or coordinating investment into a deal.

Pitch context

You will see “Angel syndicate” 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.