Investor types

How to find angel investors for your round

There is no register of angel investors. An angel is a person, not an institution, and the record of what they back sits in filings, syndicate pages and their own posts. Causo reads those one by one.

Reviewed August 2026

Why angel investors are hard to find

367,945active angel investors in the US in 2022, on no public registerUNH Center for Venture Research
$22.3Binvested by US angels in 2022, across 62,325 venturesUNH Center for Venture Research
$356,650average angel deal size in 2022UNH Center for Venture Research

Three hundred and sixty-seven thousand people, and no list of who they are. A fund publishes a thesis, a team page and a portfolio. An angel publishes nothing, and is under no obligation to. What exists is the trace they leave elsewhere.

What an angel investor match looks like

You upload your deck. Causo reads it, then reads the record every angel has left behind, and comes back with the individuals who have actually written cheques into companies like yours — each with the reasoning behind the score.

Your matches
Name withheld
Individual angel · Barcelona · pre-seed and seed
Verified
Match reasoning94 / 100

Two threads that meet on one idea: applied AI aimed at sustainability and decarbonisation, and alternative ownership — cooperatives, employee ownership, community network effects. More than thirty angel positions taken in the ownership economy before most of the capital moved into a pre-seed firm he co-founded in 2022, and both threads are still visible in the portfolio.

Cheque size is second-hand A $100k–$350k range is published against this name, but it arrives via an aggregator and reads as his fund’s ticket, not a personal angel cheque. Treat it as a fund ticket.
Capital has moved Most of it now sits in the firm he co-founded in 2022, so a pitch aimed at his personal angel book is aimed at the smaller half.
Network is convened, not passive Runs a podcast and an annual summit on alternative ownership. The way in is the thesis, not a cold list.

A real profile from the catalogue with the identity removed. The thesis, stage, sectors, portfolio and cited sources are exactly as Causo holds them.

What Causo builds about an angel investor

An angel publishes no thesis page and no portfolio, so the profile is assembled rather than copied. This is a live row from the catalogue with the identity removed — every field is read from a named source, and where a figure cannot be trusted the profile says so.

Investor profile
TypeIndividual angelBasedBarcelona, SpainStagePre-seed, SeedSectorsClimate, AI/ML, logistics, consumerPortfolio30+ angel positionsCheque$100k–$350k — but see signalAlso runsA pre-seed firm, co-founded 2022Read fromMessari, AngelMatch, personal site

What Causo reads to find angel investors

  • Companies House
  • SEC Form D filings
  • AngelList syndicate pages
  • Crunchbase person profiles
  • LinkedIn activity
  • Portfolio pages
  • Conference speaker line-ups
  • Podcast appearances
  • And wherever else the record happens to beThere is no canonical list of angel investors, so there is no fixed set of sources either. Causo follows the evidence wherever it sits: a cap table in a filing, a funding announcement, a founder thanking someone publicly.

Angel vs syndicate vs family office

Individual angelSyndicateFamily office
Who decidesOne person, aloneThe lead; members followStaff, against a mandate
SpeedDaysDays for the lead, weeks to fillWeeks
Typical chequeSmallestAssembled from manyLargest of the three
What convinces themYou, and their own sector experienceThe lead, then the dealFit with the mandate
Where they are listedNowhereSyndicate platforms onlyRarely, and not as funds
Who to approachThemThe lead, never the membersThe investment staff

Questions founders ask about angel investors

How do I find angel investors for a startup?

There is no register of angel investors to search, so finding them means reading the record they leave behind: filings that name shareholders, syndicate pages, funding announcements, and their own accounts of what they have backed. Causo reads those sources and returns individuals who have invested in companies like yours, with the evidence attached to each one.

Do angel investors need a warm introduction?

No. Angels are usually more reachable than funds, because you are contacting a person directly rather than a firm with a screening process. A warm introduction helps, but a specific cold email that names why this particular angel is relevant to your company works regularly. What does not work is a generic message sent at volume.

What is the difference between an angel investor and a VC fund?

An angel invests their own money and decides alone, usually in smaller amounts and much faster. A VC fund invests other people’s money under a mandate, with partners, an investment committee and a fund cycle that shapes when it can deploy. Angels typically come earlier, and often before a fund will look at you at all.

What is an angel syndicate?

A syndicate is a lead angel plus a membership who invest alongside them. The lead does the diligence and sets the terms, and the members follow with smaller amounts. For a founder this means the whole task is convincing the lead, since the rest of the cheque assembles behind that decision.

Are family offices angel investors?

Not exactly, though they often invest at the same stage. A family office has professional staff, a mandate and a process, so it decides more like a fund than like an individual. It is worth treating as its own category, which is why Causo separates the three rather than lumping them together.

How much do angel investors invest?

It varies far more than with funds, because there is no fund size setting the range. Individual angels commonly write smaller cheques than institutions, syndicates assemble larger ones from many members, and family offices can go considerably higher. The useful question is not the typical amount but what a specific angel has actually written before.