2022 Report on Angel Investing in Canada 110822

INVESTMENT ACTIVITY IN 2021 Investment Characteristics - Firm Size

156

Firm Size at Time of Investment (2021) FIGURE 18

1 to 5 6 to 10 11 to 25

26 to 50 51+

100%

1% 5%

3%

3% 13%

4%

4% 5%

24%

5%

7%

22%

9%

11%

10%

17%

24%

15%

28%

16%

15%

75%

16%

22%

32%

28%

25%

25%

28%

18%

50%

24%

52%

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)

Year

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