English · Work & Business
angel investor
/ˈeɪn.dʒəl ɪnˈves.tər/
[/ˈeɪn.dʒəl ɪnˈves.tər/]
individual who funds startups
Advancednoun
Definition
A wealthy person who gives money to a new business in its early stages in return for a share of it.
Example
An angel investor believed in the idea and gave the founders the money to begin.
An angel investor believed in the idea and gave the founders the money to begin.
Etymology
'Angel' was first used for wealthy backers of Broadway shows, later applied to startup investors.
How & Where It’s Used
Used in the startup and investment world.