2020 Report on Angel Investing In Canada

2.4 Age of Group ANGEL GROUP CHARACTERISTICS

The age distribution of angel groups underlines the growing maturity of angel investing in Canada. More than half of the responding groups (61%) have been established for more than five years and 32%

have been operating for ten years or more (Figure 3). However, new groups continue to be founded, albeit at a lower rate than in previous years, with six groups under three years old.

FIGURE 3 Years in Operation

11

10

8

6

4

2

2

2

2

2

2

2

2

1

1

1 Yr

2 Yrs

3 Yrs

4 Yrs

5 Yrs

6 Yrs

7 Yrs

8 Yrs

9 Yrs 10+ Yrs

Number of Years in Operation

30

ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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