Funding guide › Comparisons › Friends & family vs Angel investors

Friends & family vs Angel investors

Early equity or SAFEs vs SAFEs / priced seed: estimated rate as of today, time to cash, eligibility and what you give up — side by side.

Key differences

  • They price differently, so compare the effective annual cost for your numbers in the calculator.
  • Friends & family is usually faster to fund (about 4 weeks vs about 6 weeks).

Side by side

Friends & familyAngel investors
ProductEarly equity or SAFEsSAFEs / priced seed
Funding typeEquity investorsEquity investors
Estimated rate as of todayEquity — you sell a share of the companyEquity — you sell a share of the company
Pricing sourceEstimated as of todayEstimated as of today
Time to cashAbout 4 weeksAbout 6 weeks
Typical sizeUp to $250KUp to $1.5M
Term——
RequirementsNo hard minimums listedNo hard minimums listed
RegionsUS · UK · EU · GlobalUS · UK · EU · Global
What they underwriteYour team, market & tractionYour team, market & traction
CollateralNoneNone
How you repayNever (ownership sold)Never (ownership sold)
DilutionYes — equity soldYes — equity sold

Friends & family

Fast and flexible; keep terms standard (post-money SAFE).

Angel investors

Individual investors, typically $25K–$250K checks.

Friends & family vs Angel investors FAQ

What is the difference between Friends & family and Angel investors?

They price differently, so compare the effective annual cost for your numbers in the calculator. Friends & family is usually faster to fund (about 4 weeks vs about 6 weeks).

Which is faster, Friends & family or Angel investors?

Friends & family usually funds in about 4 weeks; Angel investors takes about 6 weeks.

Which is cheaper for you?

The answer depends on your amount, term and revenue. The calculator prices both on the same basis — fees, warrants and dilution included.

Related comparisons

Rates are estimates as of today, not a lender's quoted interest rate. Not an offer of credit, investment, legal or tax advice. B2B Agent may receive a referral fee when we introduce you to a provider; it never changes rankings or what we publish. Lenders: send your current terms so we can refresh the estimate, which also makes you eligible for the Transparent Pricing and Lowest Rate awards. Update your listing.