The Angel Capital Association is holding its annual meeting in Chicago this week with over 330 angel investors from around the country (USA) representing more than 250 angel groups. Angel investing is big. In fact, angels have invested more dollars in more startups than VCs over the past 4 years.
Angels invest just like VCs except they do smaller investments $200K to $2M and they do about 10 times as many deals. However, Angels have the same investment criteria and expectations of significant returns. The “average” angel group makes 8 investments per year for a total of about $1.8M. The average deal size (seed stage) is about $250K.