Angel groups and local funds don't typically invest in rounds under $250k. To get a check, a startup must have significant traction, often times even product-market fit.

Which puts the initial fundraising on friends in family. This can be a challenge if friends and family have financial constraints or aren't familiar with technology startups.

This is where individual angel investors come in. Angels can help a promising startup secure the funding they need to achieve product-market fit.

Vermont Angel List exists to close the gap between "friends and family" and North Country Angels or Fresh Tracks Capital.