2021 Report on Angel Investing in Canada

97

Investments 3.3

A ngel organizations made 416 investments in 2020, investing a total of $102.9 million (Table 6). As noted earlier, this is an increase in the number of invest- ments compared with 2019 but a decline in the amount

invested. But looked at from a longer-term perspective, the number of investments was lower than in both 2017 and 2018, while the amount invested was lower than in the previous five years (Table 6).

Angel Investment Trends TABLE 6

Total Number of Organiza- tions Reporting

Number of Organizations Reporting Investments

Number of Investments

Amount Invested ($M)

2013

29

25

134

88.7

2014

30

25

237

90.5

2015

32

31

283

133.6

2016

35

34

418

157.2

2017

43

35

505

162.2

2018

32

28

583

142.8

2019

30

25

299

163.9

2020

29

24

416

102.9

Note: New data for 2019 became available following the publication of the 2019 Investment Activity Report. Hence these figures are different from those appearing in the 2019 report.

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