2023 Report on Angel Investing in Canada 121923W6

INVESTMENT ACTIVITY IN 2022 Investments

110

The median size of investment in 2022 was $82,500, marginally lower than in 2021 ($85,000) and much lower than in earlier years. The mean size of invest- ment in 2022 was also lower than in 2021 ($220,275 compared with $385,483). Both the median and mean investment sizes in the past three years (2020, 2021, 2022) are much smaller than in earlier years.

Number of Investments and Amount Invested by Angel Organizations FIGURE 10A

Number of Investments Amount Invested ($M)

600

450

300

150

0

2015 2016 2017

2018 2019 2020 2021

2022

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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