INVESTMENT ACTIVITY IN 2022 Investment Characteristics: Firm Size
133
Firm Size at Time of Investment FIGURE 18
1 to 5 6 to 10 11 to 25
26 to 50 51+
100%
1%
3%
3% 13%
4%
4%
24%
5%
7%
7%
22%
5%
5%
9%
11%
10%
6%
17%
24%
15%
15%
28%
16%
15%
75%
16%
22%
32%
28%
22%
25%
25%
28%
18%
24%
50%
52%
49%
44%
45%
42%
43%
42%
40%
32%
25%
2014 (n=1112)
2015 (n=117)
2016 (n=92)
2017 (n=85)
2018 (n=111)
2019 (n=100)
2020 (n=131)
2021 (n=129)
2022 (n=81)
Year
2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA
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