Why am I only approved to invest in funds?

AngelList has two different access levels for investors: funds only and deal-by-deal (more about these levels here).

Please note that your accreditation status does not effect your access level. All investors on AngelList need to be accredited.

Only a small group of investors is eligible to invest on a deal-by-deal basis. Investors in this group have an extensive investment background and/or a successful track record as a founder of a venture-backed company. Deal-by-deal access is reserved for investors with an established track record of early stage investing.

To learn more about AngelList funds, please visit angel.co/funds.