TORONTO—Angel investing is a vital cog in any startup ecosystem, but compared with other parts, it hasn’t received the attention it merits. The work of “angels” often goes unmeasured and under-reported, but that is slowly changing as the passionate but fragmented investor-base increasingly comes together.
Angel investors are known for having a deep love for turning small companies into successes and working with passionate entrepreneurs and their ideas—so-called “psychic income.” They are often serial entrepreneurs paying it forward.