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Angel
Investing Academy

Learn to Source and Assess, with Confidence.

Angel Investing Academy (AIA) is a 7-week cohort-based program endorsed by Alma Angels, and is designed to provide foundational knowledge for aspiring and emerging angels. You’ll learn the fundamentals of early-stage investing, practise evaluating real-world startup pitches, and receive:

  • hands-on practice with real case studies  

  • curated network of execs, founders, & angels

  • frameworks, tools, & resources to guide decisions 

  • community of like-minded peers to learn together

We’re excited to offer a safe, collaborative environment led by experts from venture capital, finance, and high-growth startups.  Our next cohort starts February 2026. Sign-up below to receive more information.  

"The Hive Angel Investing Academy is a carefully built program taught by experienced angels & ecosystem leaders.  A rare opportunity to learn from those who have been there, done that." 
 - Roxane Sanguinetti,
Founding Partner, Alma Angels 

Program Summary

Whether you're new to angel investing or looking to refine your strategy, AIA equips you with the tools and insights to build confidence.

Week 1

The What

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Basics of Angel Investing - what is angel investing, how to think about it, how it differs from other types of investment, risk profiles in this asset class - Introduction to the program, team and participants

Investment Instruments - priced equity rounds, ASA/SAFEs, CLN, Crowdfunding

*Advanced Elective: Scaling up your investment track record - Investment macrotrends and strategically spotting opportunities and how to act on them

The Why

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Week 2

Creating Your Personal Investment Thesis - how to determine your areas of interest and focus; how to leverage your expertise and network to design a personal thesis

Sourcing Deal Flow & Syndicates - how to build relationships with people/ groups who can refer deals to you, incl. country specific angel networks

Opportunity Assessment & Scorecards - Types of startups, commercial model, team, market sizing

*Advanced Elective: Aligning and managing your portfolio to your investment goals

Week 3

The Numbers

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Financials and Unit Economics - what to look for in the numbers and what do they mean

 

Valuations, Returns, and Exits - how to think through valuations, benchmarking as well as how to evaluate possible exits

Legal Frameworks and Term Sheets - demystifying legal terms associated with fundraising

 

*Advanced Elective: How to build a Syndicate

The How

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Week 4

Due Diligence - role of a lead investor and how to do your own diligence

Evaluation Methods Against Thesis & Strategy - a toolkit for evaluating deals in a disciplined fashion

Impact Investing - how to balance commercial and impact needs, when evaluating an opportunity

*Advanced Elective: Building your own VC fund

Week 5

Do It Well

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Biases in Fundraising - deconstructing the biases that lead to poor outcomes for female founders and how to be an anti-bias investor

 

Managing the Investment Process - best practices for running investment meetings in a way that equally support you (the investor) and the founder

*Advanced Elective: How to add value and influence as an investor through board roles, governance, advisory roles and more

Mock Week

Week 6

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Mock Investment Experience & Quiz

Put everything you learned into practice with sample businesses. 

Demo Day

Week 7

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Demo Day + Group Discussion 

 

Watch a curated demo day with women-led startups. Put your newly acquired skills into action through active group discussions with your peer network. 

Meet the team

“We built AIA to demystify investing, diversify who gets to write checks, and show that access to great founders isn’t exclusive — it just takes a sharper lens."

The Hive Founders Team

Program Cost

Includes all sessions, materials, live events, and extended support

£2,500

per seat (paid in two 50% installments)

Join

Join the next cohort

7 week Program

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FAQ

Frequently asked questions

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