Angel investment network reveals 'strong' revenue growth with startup boosts
Online angel investment platform Angel Investment Network (AIN) has announced strong growth with annual revenues up 9.4 per cent year-on-year.
AIN connects startups with angel investors and now has over one million users in total on the platform.
AIN received over 100,000 pitches in the past year from entrepreneurs across the globe, with the figure doubling over the last two years.
Alongside the online platform, AIN also runs a broking division, which has seen growth in the past 12 months. Revenues have increased by 22 per cent as demand for the team’s expertise increases.
AIN has been involved in several significant raises in the past 12 months for a variety of business, including eco-friendly baby product business Kit & Kin, to fully customisable bio-polymer plastic company Teysha, and data science for cancer detection firm Pin Point.
AIN’s co-founder, Mike Lebus, said: “AIN is the largest network connecting angel investors with startups, and we continue to see strong growth with investors keen to connect to our wide pool of early-stage businesses.
“We reflect a strong, growing and resilient worldwide startup culture which has now taken root in every continent of the world.
“We are particularly encouraged by the performance of our broking business as more and more investors are coming to us for access to high quality dealflow.”
Additionally, AIN has been expanding into new areas including a property investment site, BrickTribe and an impact-driven online hub SeedTribe.
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