Super angel

Super angel (or "super-angel") investors are a group of serial investors in early stage ventures in Silicon Valley, California and other technology centers who are particularly sophisticated, insightful, or well-connected in the startup business community..^[1]

Super angels share some characteristics of traditional angel investors, and venture capitalists,^[1] and have been described as a hybrid of the two models.^[2] Unlike traditional angels investors, they are typically professionals for whom investing is their primary occupation.^[3]

Some common features of super angels include:

• Creating a professionally managed investment fund^[1]
• Serial investing (investing in numerous startup companies)
• Investing at a seed round in startup companies
• Funding rounds in the (approximate) range of $50,000 to several million dollars, larger than typical "friends and family" rounds but smaller than most venture rounds
• Taking an active role in portfolio companies^[4]
• Raising money from general partners and other principals, without passive investors in the fund
• Fund principals who are experienced entrepreneurs

List of investors described as super angels

References

Private equity and venture capital Basic investment types Buyout Venture Mezzanine Growth Secondaries Equity co-investment History History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s Terms and concepts Buyout Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization Venture Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round Structure Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund Investors Corporations Institutional investors Pension funds Insurance companies Fund of funds Endowments Foundations Investment banks Merchant banks Commercial banks High-net-worth individuals Family offices Sovereign wealth funds Crowdfunding Related financial terms AUM Cap table Capital call Capital commitment Capital structure Distribution waterfall EBITDA Envy ratio High-yield debt IPO IRR Leverage M&A PME Taxation of private equity and hedge funds Undercapitalization Vintage year Private equity and venture capital investors Private equity firms Venture capital firms Angel investors Portfolio companies