Current State of Angels and Boards of Directors
Angel Capital Association
JANUARY 3, 2024
The median number of Director seats held by angel groups for their 2022 investments was 4.5, Overall, 40% of financing rounds had an angel representative of some sort (Director or Observer) at the close of the round and 70% of angel groups had at least one Board or Observer seat among their portfolios of 2022 deals.
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