August is the best month of the year to find Angel investors

Looking for Angel investors? August is the best month of the year.

August is often a quiet month in the business world. With many people away on holiday, you might think it's the worst time to be seeking investment. However, for savvy Founders, this summer month presents a golden opportunity to connect with angel investors.

Our experience last year showed that August was a fantastic time to engage with investors who were less inundated with their usual work and had more time to review slide decks and consider new ventures. Reply rates in Angel outreach campaigns we ran were on the same as other busy months of the year and Angels took both in-person and virtual meetings with Founders.

If you're a founder looking to raise capital, here's why you should be targeting August for your outreach and how you can make the most of this unique window of opportunity.

Why August is the Perfect Time to Connect with Angel Investors

Traditional wisdom might tell you to hold off on your fundraising efforts until the autumn. However, this is precisely why August can be your secret weapon. While your competitors are taking a break, you can get a head start. Here's why August is a great time to connect:

• Less Competition: With many founders pausing their fundraising activities, you'll face less competition for investors' attention. This means your email is more likely to be read and your pitch deck is more likely to be reviewed.
• More Relaxed Investors: Angel investors are often entrepreneurs themselves, and they also take time off in August. However, "time off" for an investor doesn't always mean completely disconnecting. They are often more relaxed, have more free time, and are more open to reviewing new and exciting opportunities in a less formal setting. For most Angels investing is a hobby, unlike VCs for whom it is a full-time job. So in August, when they do take time off, they can dedicate more time to their hobbies.
• Time for Deeper Dives: Without the constant pressure of back-to-back meetings, investors have the mental space to do a deeper dive into your business. This is your chance to impress them with a well-prepared pitch deck and a solid business plan.

Seize the August Advantage

Don't let the summer slowdown fool you. August can be one of the most productive months for your fundraising efforts. By being proactive and prepared, you can connect with angel investors when they are most receptive to new ideas. So, while others are at the beach, get ready to make your pitch and secure the funding you need to take your business to the next level.

Scribe is your intelligent co-pilot for private markets. We work with Founders, Asset Managers, Funds and Banks. To date, we've helped over 600 organisations find Angel investors, extract data from PDFs and automate analysing companies.

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