# How the funding process works | TechAngels

> From application to money in the bank: the six steps of raising a round from TechAngels members.

Source: https://techangels.ro/founders/process/

- **Application.** You submit your startup with a pitch deck and basic company information.
- **Criteria check.** We verify the fit against the [investment criteria](/founders/criteria/): team, market, stage, ticket size.
- **Analysis.** Startups that pass get a closer look: product, traction, market and the story behind the numbers.
- **Distribution to the network.** Selected startups are shared with TechAngels members; the strongest are invited to pitch.
- **Matching.** Members who want to go deeper meet the founders, ask their questions and run due diligence.
- **Syndication and closing.** Interested angels form the round: term sheet, legal documents, signatures, money in the bank.

Curious how startups are selected along the way? Read about the [selection process](/founders/selection-process/), then [apply for financing](/founders/apply/).