What defines a business angel?
Angel investors are easily distinguishable from other types of investors, such as venture capitalists, through several factors:

They invest their own money into the project, typically less than would be invested by a venture capitalist

They make their own decisions concerning investments

They invest according to the viability of the project, with expectations of future gains

Their main objective is to receive a return on their investment
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There are different types of business angels which each have a different relationship to your business. They can be affiliated; which can include suppliers, customers or even competitors. They can also be nonaffiliated; which means they’re individuals without a previous connection to your company.

Business angels can be an excellent way for a new company to gain ground quickly and step into a new stage of growth. By providing capital and guidance, the investment can have a substantial impact on the business.

Angel investors essentially provide a bridge between a fledgling business concept and a company that’s developed enough to receive funds from a venture capitalist.

Business angels and SumUp Invoices
Using cloud-based invoicing software like SumUp Invoices is an easy way to illustrate that you’re on top of your company’s finances and documentation.

This is a crucial part of attracting investments from sources such as business angels.