Current State of Angels and Boards of Directors
Angel Capital Association
JANUARY 3, 2024
In 2022, the typical angel group reporting AFR data had Directors for approximately 20% of the companies it funded. The median number of Director seats held by angel groups for their 2022 investments was 4.5, In 2022, 20% of deals had a Board Director from the reporting angel group. with an average of 5.7 Director seats.
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