Business angel investors: estimated total number in Europe 2011-2018

This statistic presents the overall estimate regarding the total number of business angel investors active on the European early-stage investments market, both on the invisible and the visible part of the market (reported and unreported) from 2011 to 2018. This includes investors active in activities gathered by business angel networks, associations and databases reporting startup investment. Over the eight year period, the number of seed-capital private investors has grown, reaching approximately 345 thousand individuals by the end of 2018.

Estimated total of business angels active in early-stage investments on visible and invisible market in Europe from 2011 to 2018

Estimated number of business angel investors
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Release date

November 2019



Survey time period

2011 to 2018

Supplementary notes

Data for 2011 to 2013 from the previous annual report from the same source.

As the source specifies in the disclaimer, "Due to its nature, the early stage investment market and especially the business angels investment market is difficult to quantify. An important percentage of the total investments are informal and not publicly reported."

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Statistics on "Early-stage business investments in Europe"

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