angel investor
/ˈeɪn.dʒəl ɪnˈvɛs.tɚ/ · an·gel in·ves·tor
noun
- An affluent individual who provides capital for a business start‑up, usually in exchange for convertible debt or ownership equity. When Maya launched her biotech firm, she secured $250,000 from an angel investor who believed in her technology.
Synonyms
Antonyms
Did you know? The term “angel” originally described wealthy patrons who rescued Broadway productions in the 1920s, and it migrated to the tech world in the 1970s to describe similar benefactors of new companies.