2020 Report on Angel Investing In Canada

2.6 Gender of Group Membership ANGEL GROUP CHARACTERISTICS

Historically, angel investors have been predom- inantly men. Women comprised just 17% of the members of Canadian angel groups in 2019, the same proportion as in 2018 and a slight increase on the proportion in 2017, which was 14% (Figure 5). As noted in last year’s report, as far as can be

discerned from the available evidence, the propor- tion of angel investors who are women is not out of line with international comparisons. For the 12 groups that provided information, the proportion of women members ranged from 4% to 20% with a median of 17%.

FIGURE 5 Gender of Angel Group Members

100%

86%

83%

83%

80%

60%

40%

17%

17%

20%

14%

2017

2018

2019

Women Men Other Prefer Not to Say

32

ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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