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Top 4 Industries to Attract Angel Investors

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Business & Finance, Feature, The Receipt

Investing 101: Where do I start?

According to SCORE, angel investors give financial investments to certain industries known to turn a profit. Therefore, SCORE has compiled a set of statistics that lists the top industries that receive the most investments and who are the typical angel investors.

The top 4 industries that attract angel investors are:

1. Software (23%)

2. Healthcare (14%)

3. Biotech (11%)

4. Media (11%)

Coming in at no. 5 is Retail (7%). Financial Services and other Miscellaneous industries represent carve out the remaining 34%.

In case you are looking for an angel investor, here are a few characteristics that may help in the search:

  • Successful entrepreneur investing their personal money in businesses close to home.
  • They judge potential investments primarily by ROI (return on investment) and 26% ROI is the average annual return.
  • On average, 3 of 10 considered deals are accepted.
  • 18% of angel investors are women and 4% are minorities.

For more information on angel funding, visit www.score.org.