2020 Report on Angel Investing In Canada

A DECADE OF DEALS: AN ANNUAL REPORT ON ANGEL INVESTMENT ACTIVITY IN CANADA This report is the 10th annual report conducted by the National Angel Capital Organization. By highlighting both the investment activity of angel groups in 2019 and year-on-year investment trends, this report provides unique insights into angel investment trends in Canada. This evidence-based analysis emphasizes the importance of angel investing to Canada’s innovation economy. ACKNOWLEDGEMENTS We wish to express appreciation to the members of the Project Steering Committee for their advice, direction, time and feedback during the formative drafts of the report. Special thanks go to the angel groups managers, members, partners and volun- teers who annually dedicate significant time and energy to this initiative.

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