AngelList reviews the industries of investments submitted on the platform. Certain sectors are either restricted or require extended review and approval due to applicable laws, regulations, and banking partner requirements.
Investments in these industries may experience delays in processing or, in some cases, be declined. The list of restricted industries is subject to change based on evolving regulations and banking partner guidance. All investments are subject to review by our banking partners.
Restricted Industries
- Adult Entertainment
- Cannabis/Marijuana
- Gambling
- Hemp
- Mountaintop Removal Mining
- Natural Resource Extraction in UNESCO World Heritage Sites
- Pawnbrokers/Pawn Shops
- Payday Lenders
- Private Prisons and Immigration Facilities
- Psychedelics
- Shell Banks
- Sports Betting
- Unregulated Crypto Brokers
- Weapons/Defense