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So, what’s the minimum cheque size needed to be an angel investor?

Spoiler: it's less than you think.

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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.

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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.

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🧠 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.

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🕳️ 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.

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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
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Because your cheque size doesn’t define you. Your conviction does.

‍Limited places available.

Learn more about First Believers here.

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