This literature review aims to assess the extent and depth of existing angel investment literature, particularly focusing on the city of Florianópolis. Through an examination of available literature, the report seeks to elucidate the mechanisms and practices employed in angel investing within the Florianópolis ecosystem. This comprehensive analysis involves synthesizing scientific literature and incorporating insights from authoritative sources in the field. Key findings highlight the imperative for further research and exploration in this domain and the potential for increased angel investment within the studied ecosystem.