EXECUTIVE SUMMARY Overview
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The proportion of women members of angel organiza- tions has been increasing year-on-year, comprising 27% of the members of Canadian Angel organizations in 2021. The proportion of women members ranges from 4% to 100%, with a median of 14.7%. Women composed over 75% of the membership of two organizations. There is considerable variation among organizations in terms of their level of investment activity. In 2021 two organizations (5%) did not make any investments. 20 organizations (51%) made between one and five invest- ments, compared to 14% in 2020. 16 organizations (41%)
each made more than 10 investments, with six of these organizations making more than 25 investments. Not surprisingly, there is a relationship between organization size (number of members) and investment activity, with smaller organizations making fewer investments than larger organizations. The most active organizations in 2021 are located in Ontario and Quebec. There is some consistency over time in the most active organizations.
2022 ANNUAL REPORT ON ANGEL INVESTING IN CANADA
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