9 Best Angel Investor Groups for Startups

angel investor

Last Updated on December 30, 2022 by Selina Parker

9 Best Angel Investor Groups for Startups (AUDIO)

If you are a startup looking for funding, angel investors may be the right option. Angel investors are individuals with a high net worth who can provide startups with capital in exchange for equity.

This blog post will discuss some of the best angel investor groups. We will also provide tips on finding an angel investor that is right for your business.

What is an angel investor?

Angel investors invest their own money in early-stage or high-growth startups. They typically have a high net worth and are willing to risk a portion of their assets to help young companies grow. Angel investors provide capital in exchange for equity, which means they become shareholders in the company.

The Angel Capital Association (ACA) is the largest angel group organization, and they have over 14,000+ angels that are part of their angel investment network. Many angel investor groups have different criteria for the type of company they invest in and how much money they want to contribute per investment.

Why angel investors?

Angel investors can be a great source of capital for startups. They often have a lot of experience in business and can offer valuable advice to young companies. Angel investors can also help get a startup’s products or services in front of new customers. The only challenge is landing one of these angel investors.

Best Angel Groups for Your Startup

1. Tech Coast Angels

Angel Investor

This angel investment group based in Los Angeles is among the most popular angel groups in the United States. It provides funding to startups across all industries focusing on technology and life sciences, including biotech companies.

Tech Coast Angels comprise more than 263 angel investors focused on helping entrepreneurs succeed.

Ideal for:

  1. Tech Startups
  2. Biotech Startups
  3. Life Sciences startups

Number of Angels: 263

What they provide:

  • Provides connections
  • Knowledge
  • Mentoring
  • Operational assistance

GET FUNDED NOW

2. Hyde Park Angels

Angel Investor

Hyde Park Angels is a Chicago-based angel investor network headed by 133 investors. To participate, applicants must clearly understand what the grant is for and where they will use it. Funding is typically available in the Midwest for startups in the seed and early phases of industrial technology, information technology, and financial services industries.

Ideal for:

  1. Seed and early-stage startups 
  2. IT startups 
  3. Healthcare startups

Number of Angels: 133

What they provide:

  • Mentorship
  • Education
  • Resources through blogs

GET FUNDED NOW

3. Golden Seeds

Angel Investor

Angel investment firm Angel Seeds is located in New York City and provides early-stage startup funding exclusively to female-founded and led businesses. The angel investing group has 300+ angels specializing in consumer products, tech, and software industries.

Ideal for:

  1. Women-owned or women-led startups
  2. Startups in the consumer goods industry
  3. Software and electronic startups

Number of Angels: 300+

What they provide:

  • Mentorship
  • Education
  • Resources through blogs and podcasts

GET FUNDED NOW

4. Alliance of Angels

Angel Investor

The Alliance of Angels is a Seattle, Washington-based investment firm with over 140 angels. The organization finances more than $10 million in about 20 firms each year and offers significant mentorship.

Ideal for:

  1. Startups in the early stages
  2. Northwest-based startups 
  3. IT startups

Number of Angels: 140+

What they provide:

  • Mentorship
  • Resources through a blog and the group

GET FUNDED NOW

5. Pasadena Angels

Angel Investor

In Altadena, California, the Pasadena angel investment group was founded in 2000 by angel investors with many years of experience. The angel group is known for its excellent track record and provides funding to early-stage companies, particularly those starting or scaling up quickly.

Ideal for:

  1. Business ventures based in California
  2. Seed-stage startups
  3. Scalable companies

Number of Angels: 100+

What they provide:

  • Funding
  • Mentorship
  • Resources

GET FUNDED NOW

6. New York Angels

Angel Investor

The New York Angels is an angel investment group of 99 angels with prior experience as entrepreneurs, CEOs, VCs, and corporate executives. This angel investment group can provide the maximum amount of money is $750,000.

Ideal for:

  1. Startups in the Northeast
  2. Startups in the early stage
  3. Tech startups

Number of Angels: 140+

What they provide:

  • Capital
  • Counseling and Mentorship
  • Connections

GET FUNDED NOW

7. Robin Hood Ventures

Angel Investor

Since its inception in 1999, Robin Hood Ventures has invested in early-stage, high-growth firms on the road to creating world-class enterprises. Investments start at $250,000 and go up to $1 million in their network. They are made possible through the involvement of venture capitalists, institutions, and other angels.

Ideal for:

  1. Early-stage to high-growth
  2. IT industries
  3. Enterprise startups
  4. Life and physical sciences industries

Number of Angels: N/A

What they provide:

  • Funding
  • Mentorship

GET FUNDED NOW

8. Life Science Angels

Angel Investor

The mission of this not-for-profit organization is to provide financial assistance for healthcare, biotech, and life science businesses through the contributions of senior executives and entrepreneurs from organizations that have been important in the field.

Ideal for:

  1. Bio/Genomics
  2. Medical Devices
  3. Digital Medicine

Number of Angels: 130-150

What they provide:

  • Funding for healthcare, biotech, and life science companies
  • Mentorship
  • Resources

GET FUNDED NOW

9. North Coast Angel Fund

Angel Investor

The North Coast Angel Fund is a Cleveland-based angel investment organization with 180 investors. The Midwest Angels is a group that focuses on investing in midwestern businesses, with more than $60 million invested to date. They have a seed-stage fund as well as an acceleration program.

Ideal for:

  1. Startups from the Midwest
  2. Tech startups 
  3. SaaS startups

Number of Angels: 180+

What they provide:

  • Mentorship
  • Access to intellectual capital

GET FUNDED NOW

Bottomline

Venture capital firms, angel investor groups, corporate investors, and accelerators can be great resources for startups looking for funding. When researching which group to approach, it’s essential to consider the stage of your business, industry, and location.

But remember that the world of angel investing is not that easy. The Securities and Exchange Commission is particular about how angel investors can communicate with startups. It is why we recommend angel investment groups over angel investors themselves.

An initial public offering (IPO) is a significant event. It’s the first time that shares of the company are available to be traded publicly, which can lead to an influx of capital and increase your firm’s exposure.

Find angel investors that are right for you and your business. These accredited investors will help you in raising capital for your business. So get yourself funded now!


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ABOUT THE AUTHOR

Selina Parker

“What began as a life and career coaching services company to aide entrepreneurs through the early-stage challenges and tough transformations of starting a social venture has evolved over the years to include mergers and acquisitions, organizational consulting, and business growth advisory services to mission-driven organizations that strive to improve access to basic physiological, safety, and security needs while increasing their profit margin. Clients include founders and organizations with the purpose of addressing deficiencies in delivering quality healthcare and mental health services, sufficient employment, access to clean water and air, safe shelter, adequate food, and more.”

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