So, what’s the minimum cheque size needed to be an angel investor?
Spoiler: it's less than you think.
Here’s the Real Deal
In ANZ, first cheques from angels typically start at $10k–$25k, especially when you're investing as part of a syndicate or rolling fund.
With the right support, capital isn’t the blocker, clarity and confidence are.
That’s where First Believers comes in.
Why Check Size Isn’t the Full Story
💪 It’s about reps, not riches
Angel investing is like a muscle. You build it by seeing deals, evaluating and backing standout founders . First Believers gives you that environment with expert feedback at every step and gives you a safety net to start getting those investing reps in.
🧠 Smart capital is better than big capital
More often than not we see investors in our community stretch beyond the cheque. For many investors - adding value beyond a cheque through intros, feedback or mentoring founders often outweighs how many zeroes are on the wire.
🕳️ You don’t invest alone
Inside First Believers, you’ll find future fund managers, founders turned angels, and experienced operators co-investing alongside you. The community is the dealflow.
Ready to Write Your First Cheque?
If you’ve got curiosity, judgement and a willingness to learn - this is your starting line.
Join us in First Believers and start investing with ANZ's most active early-stage investor.
📅 Program Dates: October–December 2025
Because your cheque size doesn’t define you. Your conviction does.
Limited places available.
Learn more about First Believers here.
