Key Findings:
After ten years of tracking investment data, NACO members have surpassed the $1 billion threshold.
Angel Groups made 299 investments in 2019, investing a total of $163.9 million – a new record level of investment. This is the highest annual amount invested, up 14.8% on the 2018 figure, and exceeded the previous record in 2017. However, the number of investments was significantly lower than in the previous three years. This reflects a significant increase in the mean size of investment, but a decline in the median size of investment compared to the previous two years. Women comprised just 17% of the members of Canadian Angel Groups in 2019. This is consistent with 2018 data, which showed an increase from 14% the year prior. Angel Groups predominantly invest in small businesses with growth potential, mostly those with 1–5 or 6–10 employees at the time of the investment, accounting for 42% and18% respectively of investments in 2019. Angel investment activity continues to be distributed unevenly across Canada. Central Canada (Ontario and Quebec) accounted for 86% of investments compared with 13% in Western Canada and 1% in Atlantic Canada.
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MOBILIZING ANGEL ACTIVITY IN YUKON
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