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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