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"Angel" is the term once referred to rich individuals backing Broadway plays, but suffice it to say that most angels likely to invest in your business have a different motivation than supporting the arts.
Most angels have been entrepreneurs themselves, so they understand your situation, have vision and can stomach the risk. Often, these people have a personal interest in the subject of your business and therefore may put in more money at a more favorable valuation to you. Amounts they may invest vary greatly, but you can imagine that as your requirements increase, the number of angels likely capable of investing diminishes exponentially.
$50,000 to $250,000 are likely investments per individual. However, you could enlist a "Band of Angels" to provide the full amount of money you need.
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