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angel group

noun

Definition of angel group 

: a group of wealthy investors who pool their resources to invest in new businesses : an organized group of angel investors The clouded environment … has caused some angel groups to take a look at the cost of coaching entrepreneurs and listening to their pitches.— James Flanigan, International Herald Tribune, 21 Aug. 2009

— called also angel network

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First Known Use of angel group

1995, in the meaning defined above

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The first known use of angel group was in 1995

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