Angel Investor
Also called Angel
An individual who invests their own money into early-stage startups, usually in small cheques at the pre-seed and seed stage, often before institutional VCs will.
Why it matters
Angels are frequently the first outside believers, and the good ones bring introductions and operating scars as well as cash. Building relationships with them early is how many founders get their first round done.
For example
A former founder writes a 10 lakh rupee cheque into a friend's pre-seed and makes three warm investor introductions the next week.
Worth your time
Related terms
Go deeper
See how founders actually handle this on Raising your first round, part of the Starting Up hub.