Business angels invest average of €200,000 in start-ups

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The HBAN survey found that the average angel has invested in 6.3 companies, while 66% of angels preferred to invest as part of a syndicate rather than alone.

HBAN, the all-island organisation responsible for the promotion of business angel investment, is a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland.

Today's survey also reveals that ICT and FinTech, MedTech and Life sciences were the industries that attracted the largest number of angel investors in the last 12 months. Of those surveyed, 32% of investors report to have achieved at least one exit, while 22% are currently planning their first angel investment.

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