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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