Linda Smith, ACA Board Chair
2018 Summit Co-Chairs
Angels are a Powerful Group to Connect With
Angel investors are the secret weapon of American startups. While
venture capital is more well known to the public, angels have
funded about the same total amount of capital as VCs annually over
the last decade and nearly 20 times as many companies.
In addition, angels invest in a much wider geography, investing
money and expertise in companies in literally every state.
LaunchPad Venture Group
Key Contributions of Angels to the Economy
Prolific: Angel investors support up to 90% of outside equity raised
by startups (after friends and family). These companies are too small
for bank loans and for most venture capital firms.
Executive DIrector Sarah Dickey
Operations Manager Lucy Howell
High Impact: Angels invest $25 Billion in about 70,000 early-stage
companies every year.
Jobs: Over a 25-year period, firms younger than five years
accounted for all the net new jobs in the U.S.
Economic growth: Research shows that the largest growth comes
from high-growth, innovative startups, the kind angels fund.