These platforms typically operate in the following way:
Profile Creation: Entrepreneurs create a detailed profile of their startup, including business plans, financial projections, and other critical information. Matchmaking: The platform uses algorithms and filters to match startups with potential angel investors based on their interests, investment size, and other criteria. Due Diligence: Once a match is made, both parties conduct due diligence to ensure the viability and alignment of the investment. Investment: If both parties agree, the investment is made, and the entrepreneur receives the funds to grow their business.