The South African Angel Investment Network is a paid membership platform that connects entrepreneurs with angel investors (both local and international) and helps them get funded.
Angel investors are typically wealthy former entrepreneurs or executives who have business experience. They provide capital to early-stage businesses usually in exchange for equity or convertible debt. Angels generally only invest in companies that they believe have an earning potential.
To raise capital on the platform, each entrepreneur is allowed to pitch their business and set their capital requirements and a minimum investment amount. The network’s system then matches the entrepreneur’s pitch with the right investors based on their investment amount, region, and sector(s).
According to their website, they currently have 342 304 angel investors worldwide who look at all stages of business and across all sectors. The platform has raised R4 billion for its members.