James Quinn
Founder & CEO at Afino AI
Angel Match vs Signal, feature by feature
| Feature |  Angel Match | NFX Signal |
|---|---|---|
| Best for | Founders who want to find investors and start cold outreach | Founders who want to research top investors and find warm intros |
| Price | From $59/month, with a 3-day free trial | Free |
| Investor database | 125,000+ Angels, VCs and PE investors | Ranked lists of vetted investors by sector and stage |
| Investor filters | Location, industry, stage, investor type and past investments | Sector, stage and location rankings |
| Data freshness | Recently updated and verified email tags | Lists show when they were last updated |
| How you reach investors | Email investors directly from the platform | Request intros through mutual connections |
| Investor email addresses | On every plan | Not listed |
| Investor phone numbers | On every plan | Not listed |
| Email outreach | On every plan | Not listed |
| Follow-up sequences | Free on every plan. Follow-ups never use your email credits | Not listed. Reminds you to follow up |
| Fundraising CRM | Included | Intro list that tracks your fundraising process |
| AI tools | Optional AI Fundraising Agent matches the best-fit investors and writes personalized emails and follow-ups for you to approve | Not listed |
| Pitch Deck Hosting | On Growth and above | Not listed |
| Pitch deck tracking | See which investors opened your deck and how many times, on Growth and above | Not listed |
| Data Room | On Growth and above | Not listed |
| Investor Updates | On Growth and above | Not listed |
| Pitch Deck Database | 2,000+ pitch decks on Growth and above | Not listed |
| Done-for-you service | $2,500/month. Full outreach run for you, including 3 follow-ups with up to 4,000 emails sent to maximize your chances to raise. | Not listed |
Where Angel Match wins
- No intro needed: Email relevant investors, start speaking with them and move faster toward closing your round, without waiting for a warm intro.
- Investor contact details: Get investor emails and phone numbers on every plan.
- All-in-one fundraising platform: Reach out, track investor conversations, continue email threads in Inbox, and manage your raise with a Fundraising CRM, Data Room, Pitch Deck Hosting and Investor Updates.
- Do it yourself or let AI help: Build your investor lists and write your emails yourself, or let the AI Fundraising Agent match the best-fit investors out of 125,000+ and write personalized emails and follow-ups for you to approve.
- Follow up for free: Follow-up emails never use your email credits.
Where Signal wins
- Free forever: NFX says Signal is 100% free and will never charge for it.
- Warm intro paths: Connect your Gmail to see who can introduce you to an investor.
- Detailed investor profiles: See check sizes, sweet spots and past investments.
- Investor rankings: Browse ranked lists of top investors by sector and stage.
Choose Angel Match if
- You want to reach out to investors proactively and book calls with them.
- You don't have an investor network yet.
- You want an AI agent to help you manage your fundraising process.
- You want to move faster toward getting checks written for your startup.
Choose Signal if
- You want a free tool to research investors.
- You have a network and want warm intros.
- You want ranked lists of top investors by sector and stage.
Everything your raise needs, built in
Cold outreach isn't only about reaching investors in your niche. It's also a numbers game, a follow-up game and an investor update game. Angel Match has all of it built in.
1
Find the right investors
Search 125,000+ investors by location, industry, stage and past investments.
2
Play the numbers game
Reach up to 5,000 investors a month with your initial email, then send them follow-ups too.
3
Follow up for free
Keep following up with investors. Follow-ups never use your email credits.
4
Share your pitch deck
Host your deck, attach the link to your emails and see which investors opened it and how many times.
5
Open your Data Room
Keep your documents in one place and share them with investors when they want to dig in.
6
Keep investors updated
Send Investor Updates, so you can raise from the same investors in your next round.
Find the right investors for your startup
Customize your filters and find investors that match your raise in just a few clicks.
Location
Filter investors by country, state, region and city.
Industry
Find investors who invest in your industry.
Investment stage
Match your startup stage with investors who focus on it.
Investor type
Search Angels, VCs and PE investors.
Past investments
See the companies investors have backed.
Contact details
Get investor emails, phone numbers and social profiles.
Verified email tags
See which investor emails are verified as up to date.
Recently updated tags
See which investor data was updated lately.
AI Fundraising Agent
Build your investor lists with your agent, or manually in a few clicks.
Angel Match vs Signal pricing
Signal is free for research. Angel Match gives you research and outreach in one place. Search investors by industry, stage, location and past investments, get their emails and phone numbers, and send outreach with free follow-ups, starting at $59 a month with a 3-day free trial.
Angel Match
$59/monthEmail 100 investors a month
$99/monthEmail 500 investors a month, plus Data Room and Investor Updates
$199/monthEmail 1,000 investors a month
NFX Signal
FreeInvestor lists, profiles, intro paths and fundraising tracking. NFX says it will never charge.
Signal's website doesn't list investor emails or email outreach. Founders reach investors through intros.
Founders around the world love Angel Match
Stanley Satyukov
Founder & CEO of JamPad
Arpit Mishra
SaaS Community Builder
Frequently Asked Questions
- Both help you research investors. Signal connects you to them through warm intros from your network. Angel Match connects you through cold outreach, with investor emails, outreach and follow-ups, on your own or with help from the AI Fundraising Agent.
- If you want to reach investors directly instead of waiting for a warm intro, Angel Match is a strong NFX Signal alternative. You can search 125,000+ investors, get their emails and phone numbers, and send outreach with free follow-ups from one fundraising platform. If warm intros through your network matter most, Signal is still a good free option.
- Yes. NFX says Signal is 100% free and will never charge for it. Angel Match is paid, starting at $59 a month with a 3-day free trial, and includes investor contact details and email outreach.
- Signal's website doesn't list investor emails or phone numbers. It shows intro paths through your Gmail contacts instead. Angel Match gives you investor emails and phone numbers on every plan.
- Signal's website doesn't list investor emails, so you'd need to find each address elsewhere and send and follow up by hand. Angel Match gives you investor emails and phone numbers, sends your outreach from the platform and follows up for free.
- Signal's intro paths depend on who you already know. With Angel Match, you don't need a mutual connection: you can email relevant investors directly and start your outreach today.
- Yes. You can use Signal to research investors and find warm intros, and Angel Match to reach the rest with cold outreach and follow-ups.
- No. Funding can't be guaranteed because these platforms are intermediaries that connect founders with investors. Your ability to raise depends on many factors, such as your business, market, traction, growth rate, team expertise and why now.
- It analyzes your startup, matches the best-fit investors out of 125,000+ by industry, stage and location, writes personalized emails and follow-ups, and sends them once you approve. You can also build your investor lists manually, which is quick and easy. Angel Match gives you both.
- Yes. Every plan includes Email Outreach and follow-up sequences, and you can send from your own email. Follow-ups are free and don't use your email credits, so you can keep following up with investors you've already emailed. Replies appear in Inbox.
- For reaching investors directly, yes. Angel Match gives you investor emails and phone numbers, email outreach, free follow-ups, a Fundraising CRM, Data Room and Investor Updates. If warm intros through your network matter most, Signal may still suit you, and it's free. To switch your investor outreach, go to pricing, select a plan and follow the steps.
