2022 Report on Angel Investing in Canada 110822

Age of Organizations 2.4

T he age distribution of angel organizations once again underlines the growing maturity of angel in- vesting in Canada. Two-thirds (68%) of the responding organizations (76%) have been established for more than five years and 50% have been operating for 10 years or more (Figure 4). Significantly, these proportions — which have risen over time — are lower than in 2020. New organizations continue to be founded, with five of the reporting organizations (18%) being three years old or less. This includes organizations focused on women investors and on previously under-served communities.

Years in Operation (n=28) FIGURE 4

16

12

8

4

0.0

1.0

2.0 4.0

7.0

8.0

9.0 10.0

2022 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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