> ## Documentation Index
> Fetch the complete documentation index at: https://help.angelhub.net/llms.txt
> Use this file to discover all available pages before exploring further.

# Pipeline stages

> What each pipeline stage means, who is active at each stage, and what happens when a project moves between stages.

## The six stages

### Created

**What it means:** The application has been submitted and is waiting for initial review.
**Who is active:** Admins. An Assessor is assigned by the admin.
**Typical duration:** A few days to two weeks.

***

### Screening

**What it means:** An Assessor is actively reviewing the application.
**Who is active:** Assessors and admins.
**What happens here:** The Assessor reviews the submission, generates AI coverage and scores, works through the 8-dimension screening framework, may ask clarifying questions via Q\&A, and decides whether to invite the company to pitch or decline.
**Typical duration:** One to three weeks.

***

### Pitching

**What it means:** The company has been invited to pitch to the angel group.
**Who is active:** Project Lead, angel members, admins, assessors.
**What happens here:** The pitch event takes place. Angels register interest. The admin and Project Lead use project Discussion to coordinate the post-pitch decision.
**Stage transition:** Moving to Due Diligence triggers a £50 charge on all plans.

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### Due Diligence

**What it means:** The group is actively investigating the company before making an investment decision.
**Who is active:** Project Lead, angel members, admins.
**What happens here:** Full DD — the coverage map, AngelAI, data room review, reference checks, financial model stress tests, legal review, project Discussion for team coordination, and a final investment recommendation.
**Typical duration:** Six to eight weeks.

<Note>
  Due diligence is available on all plans including Free. A £50 charge applies per project when it moves to DD, regardless of plan.
</Note>

***

### Closing

**What it means:** The group has decided to invest. Legal documentation is being prepared.
**Who is active:** Project Lead, admins, and angels who have committed to invest.
**What happens here:** Investment agreement and shareholders agreement prepared, disclosure letter reviewed, EIS/SEIS confirmed, funds transferred at completion.
**Typical duration:** Two to four weeks.

***

### Completed

**What it means:** The investment has completed. The project moves to the portfolio.

***

## Declined and Archived

**Declined** — an application that did not proceed at any stage. Recorded with a reason. The entrepreneur can reapply in future.

**Archived** — projects that were withdrawn, stalled, or otherwise did not complete.

Both are accessible from **Projects → Declined** and **Projects → Archived**. No data is deleted.