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What types of businesses are getting angel investments?

Angel investors are generally not as industry or sector constrained as a venture capital firm may be, but given their desire for scalability and the backgrounds of many angel investors, certain businesses or industries are the preferred destination for angel investor capital. These industries and their approximate breakdown include:

19% – software

17% – services/medical devices and equipment

17% – industrial/energy

9% – retail

8% – biotech

5% – financial services