Angel Guide

At OSlash, we raised a $7.5M seed round where over 50 angels from across the world participated, including Akshay Kothari (Notion), Girish Mathrubootham (Freshworks), Olivier Pomel (Datadog), Nicolas Dessaigne (Algolia), Christian Oestlien (YouTube), and Cristina Cordova (First Round), among others.

We’ve broken down our exact approach to raising a seed round from angels in the playbook on the link. The idea is to help early-stage founders looking to raise a seed round, especially in the next few months.

One important thing for founders to recognize is the thin line of difference between actual individual angels and entities of investors disguising themselves as individual angels (think investor groups and syndicates, partnerships and Special Purpose Vehicles). You could also possibly include a note to that effect in the guide. Otherwise, well structured and well explained.

Raising angel funding for your seed round does make a lot of sense when you also look at the non-monetary benefits: the sense of trust, advice and mentorship, the advantages of community and networking…it’s a good package deal for anyone just starting out in the world of business.

An important thing you missed out under “What do angel investors look for in a startup?” is a sign of early traction. No one wants to invest in a great idea alone. So, something like a beta or MVP, pilot customers, partnerships and collaborations or alliance with an accelerator etc. can be an important criterion for angels.