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

111

Valuations FIGURE 16

D: Valuations per Sector

E: Average and Median Valuations

Average

Median

ICT

Life Science

Manufacturing

Services

Cleantech Energy

15

$12,500,000

$10,000,000

10

$7,500,000

$5,000,000

5

$2,500,000

0

$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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