2023 Report on Angel Investing in Canada 121923W6

29

An Overview of Investment Activity in 2022 Executive Summary

A ngel investment activity – which grew strongly in 2021 — continued to grow in the first half of 2022 but declined in the second half of the year as the econo- my slowed in response to the uncertain macroeconomic environment, a tightening monetary climate, rising infla- tion, higher interest rates and geopolitical uncertainty. Looking at the year as a whole, the 37 angel organiza- tions that provided information on their investment ac- tivity in 2022 (full details from 26 organizations; summa- ry information from an additional 11 organizations) made 653 investments, investing a total of $166.2 million.

Key Findings • The median number of investments made by organi- zations was 9. • The median amount invested was $1.9 million. • The mean number of investments made by organiza- tions was 17.7, with a mean of $4.5 million. • The median amount invested per company was $100,000, with a mean of $251,094.

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

Powered by