Angel investors often decide on a small cheque after one good meeting and a few emails, then cannot say later why they said yes. This memo template puts the thesis, the founder, the concerns, the terms and the decision on seven pages, so you can see what must be true before you invest.

The sample follows a fictional investor at Kestrelby Group weighing a £30,000 cheque into a £750,000 seed round at a £3.0M pre-money valuation. It shows three claims, a ranked risk register, plain-English terms and a decision with checks. Replace the company, figures and names with your own.