Angel Investing Groups Growing Presence Substantially in Canada, Report Reveals

Posted by Rob Lewis

In 2013, nearly 30 angel groups made just under 200 investments totalling $89 million—more than double the amount invested by angel groups in 2012.

This is according to a report entitled Angel Investing Activity in Canada: Accelerating the Asset Class. Produced by the National Angel Capital Organization—with help from BDC Venture Capital, the government, and KPMG—the report delves deep into Canada's angel investing scene and reveals that there are more than 2,100 angel investors across the country.

In 2011, just 71 investments combined for a value of less than $36 million. In 2012, 139 investments combined for just over $40 million, according to the report. It is worth noting that 2013's massive dollar figure of $89 million was largely carried by follow-on investments, as new investments rose only modest over 2012 numbers.

 

 

In 2011, the average angel round size was $500,000. In 2012, that number actually dropped to just $300,000. However, last year that number skyrocketed to more than $900,000.

 

Company:
National Angel Capital Organization
Website:
http://www.nacocanada.com
Location:
Toronto, Ontario, Canada

The National Angel Capital Organization (NACO) accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections across borders and industries; and advocates for Angel asset-class issues. NACO incorporated as a non-profit in 2002 to... more


Related Articles


blog comments powered by Disqus

Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



Who's Hiring



Recent Comments

Powered by Disqus