2021 Report on Angel Investing in Canada

I N V E S TME N T ACT I V I T Y I N 2 0 2 0 Va l ua t i ons

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There are also variations in valua- tion across sectors and Figure 16D highlights this. The median valuation for ICT businesses was $5 million compared with $6.7 million for other sectors. This reflects the higher pro- portion of ICT investments valued at $6 million or less and the smaller proportion valued at over $10 mil- lion. Figure 16E highlights the medi- an and average valuation amounts for all the investments tracked by this report.

Valuations FIGURE 16

A. Total

30

20

10

0

Up to $2m $2 - $4m $4 - $6m $6 - 8m $8 - $10m $10m + Valuations (millions of $)

202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape

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