2023 Report on Angel Investing in Canada 121923W6

INTRODUCTION Investment Activity of Angel Organizations in 2022: An Overview

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Investment Activity by Angel Organization - An Overview TABLE 2

2021 Investments (for com- parability, using data from organizations that responded to both 2021 & 2022's survey)

2022 Investments (for com- parability, using data from organizations that responded to both 2021 & 2022's survey)

Angel Organization on Characteristics

All data 2022 (37) (26) reported (11) summary data

All Respondents 2021 (41)

Organizations (n) that made investments Investments (k) made by Organization members

39

37

16

16

635

653

386

321

Median Number of Investments Mean Number of Investments

4

9

11.5

11.5

16.28

17.648

24.125

20.1

Per Angel Organization Median Investment Amount Per Angel Organization Mean Investment Amount Organizations Reporting detailed Investment Information Per Company Median Investment Amount Per Company Mean Investment Amount Total Investment Amount (all Organizations)

$4,014,768

$1,924,750

$2,313,332

$2,174,271

$6,553,203

$4,493,455

$8,370,857

$5,695,753

n=31 k=600

n=37 k=653

n=16 k=386

n=16 k=321

$84,167

$100,000

$100,000

$100,000

$346,024

$251,094

$369,983

$311,031

$262,125,855

$166,257,843

$133,933,716

$91,132,049

Note that in 2021, unlike other years (including 2022) the information reported by organizations was complemented with publicly available information on the investments made by orga- nizations that did not provide this information.

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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