Angel Network Pulse: the First 101 Deals – The Diligent Observer

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Angel Network Pulse: the First 101 Deals

The Diligent Observer | October 23, 2025

After 9 months of tracking angel network investment activity, the Diligent Observer just released its first comprehensive analysis: “Angel Network Pulse: The First 101 Deals” presented by the Angel Capital Association.

NM Angels is proud to see portfolio companies Spiritus, YEEO, GridFlow, and Terra Vera featured in this inaugural report, which highlights 101 angel-backed companies from 72 networks worldwide.

The report includes an infographic and nine data-rich charts that explore deal flow patterns, along with full profiles of each participating angel network and startup. Readers will also find geographic insights across 30 U.S. states and 15 countries, sector breakdowns covering 18 subsectors, and analysis of angel group participation in $288M of total funding raised.

Read the full report here.