How do I find angel investors?
How do I know they are not a scam?
Hello, Peter, and thanks for your question.
The first red flag that a potential “angel investor” might be a scam is that they contact you unexpectedly. Most angel investors do not cold-call potential investment targets. If you want to meet legitimate angel investors you can typically find local networks in your region that back small start-ups. Alternatively, you may try working through one of the websites that match up investors and young companies. Lastly, you can always look through some of the accelerators that work with start-ups and get lists of investors who support their companies and reach out on your own.
We have a great article that covers in detail how to go about raising angel funding. You can check it out here: https://fitsmallbusiness.com/how-to-raise-angel-funding/
We also have a full section with ideas on how to fund new start-ups. You can find some of those articles here: https://fitsmallbusiness.com/financing/startup-funding/
Hope this helps. Best of luck!
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.