How to Find Investors for Mobile Application

How to Find Investors for Mobile App. Seeking investment for your mobile app idea as a startup? Types of Investors For Mobile Applications. What are Investment RoundsAccording to Grand View Research, the global mobile app market is anticipated to grow at a CAGR of 13.8% from 2022 to 2030 and reach a whopping $567.19 billion. Therefore, developing a mobile app in the digitized world can be highly profitable.

If you have an idea for mobile app development for your startup, you will also need capital and investment to bring the vision to life. That’s because developing a mobile app can cost up to $500,000, depending on its complexity, features, and tech stack.

We will cover everything you should know about investors and investments to find mobile app investors for your startup.

Types of Investors For Mobile ApplicationsThere are many types of investors that you might come across, such as:

Personal Network

Co-Founders

Angel Investors

Venture Capitalists

Crowdfunding

App Contest

Incubators & Accelerators

The term investor refers to an organization or individual that offers funding for mobile app design and development. They seek promising ideas from startups and established companies that need financial support for creating and scaling their app.

Personal NetworkAt the initial stages, personal connections of an entrepreneur, mostly family and friends are likely to become investors. You can use the funds they provide you with for doing market research and building prototypes to attract other investors.

Co-FoundersCo-founders can be an alternative to getting loans from family and friends for the app. Consider seeking a co-founder who possesses expertise in both marketing and development or who has established connections in the specific industry you are targeting. It may be advantageous to broaden your search beyond your network to find a co-founder who can address any skill gaps and assist with your financial needs during the early stages of your venture.

Read More: Types of Mobile Apps