As of 2023, a total of ****** business angel investors were active in ******************, making oit the European country with the highest number. The UK was followed by Germany, with ***** investors. The third place ranking was held by ******, with ***** investors. The top five was completed by ***** and ******, with ***** and ***** active angel investors, respectively.
business angel networks, national federations and other early stage investors.
Supplementary notes
This figure is not representative for the whole European market, only for business angels who are members of angel networks and therefore can be surveyed, which was approximately 10 percent of the estimated total market according to the source.
Data prior to 2023 from earlier publications by the source.
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EBAN. (October 10, 2024). Number of business angels in selected European countries in 2013 and from in 2013, 2015 and 2023 [Graph]. In Statista. Retrieved June 30, 2025, from https://www.statista.com/statistics/439305/business-angels-numbers-by-country-europe/
EBAN. "Number of business angels in selected European countries in 2013 and from in 2013, 2015 and 2023." Chart. October 10, 2024. Statista. Accessed June 30, 2025. https://www.statista.com/statistics/439305/business-angels-numbers-by-country-europe/
EBAN. (2024). Number of business angels in selected European countries in 2013 and from in 2013, 2015 and 2023. Statista. Statista Inc.. Accessed: June 30, 2025. https://www.statista.com/statistics/439305/business-angels-numbers-by-country-europe/
EBAN. "Number of Business Angels in Selected European Countries in 2013 and from in 2013, 2015 and 2023." Statista, Statista Inc., 10 Oct 2024, https://www.statista.com/statistics/439305/business-angels-numbers-by-country-europe/
EBAN, Number of business angels in selected European countries in 2013 and from in 2013, 2015 and 2023 Statista, https://www.statista.com/statistics/439305/business-angels-numbers-by-country-europe/ (last visited June 30, 2025)
Number of business angels in selected European countries in 2013 and from in 2013, 2015 and 2023 [Graph], EBAN, October 10, 2024. [Online]. Available: https://www.statista.com/statistics/439305/business-angels-numbers-by-country-europe/
