Angel Round
An angel round is a round of financing raised from angel investors, typically for early-stage startups. This funding is crucial for initial growth and development, allowing startups to build their product and enter the market. Angel rounds often precede larger venture capital investments, providing the necessary resources to reach key milestones and attract further investment.
Key Takeaways
- An angel round provides early-stage funding for startups.
- This round is typically raised from individual angel investors.
- Funding is used for product development, market research, and initial scaling.
- Angel rounds are often the first significant outside investment a startup receives.
