The angel investor market in Q1,2 2013 showed signs that a sustainable growth has taken hold since the market correction in the second half of 2008 and the first half of 2009. Total investments in Q1,2 2013 were $9.7 billion, an increase of 5.2% over Q1,2 2012, according to the Center for Venture Research at the University of New Hampshire. A total of 28,590 entrepreneurial ventures received angel funding in Q1,2 2013, a 4.8% increase from Q1,2 2012, and the number of active investors in Q1,2 2013 was 134,895 individuals, an increase of 2.9% from Q1,2 2012. The increase in total dollars and the matching increase in total investments resulted in a deal size of $337,850 in Q1,2 2013, essentially unchanged from the deal size in Q1,2 2012 of $336,390. These data indicate that angels remain major players in this investment class and at valuations similar to Q1,2 2012. While the market exhibited a pattern similar to Q1,2 2012, when compared to the market correction that occurred in 2008, these data indicate that the angel market has demonstrated a steady recovery since 2008.
