Charting the Next Decade PREFACE
This year, after ten years of tracking investment data, NACO members have surpassed the $1 bil- lion threshold, with $163.9 million invested in 2019. As a result, this Annual Report on Angel Investing Activity in Canada signifies a new milestone, and a new journey upon which to embark.
With this report, Canadians now have evidence on a decade of angel investment activity. This data tells not only a story of the importance of angel investors in supporting entrepreneurs, but also the impact of early-stage investment on the wider innovation ecosystem.
A Decade of Deals 2010-2019 CUMULATIVE INVESTMENT
TOTAL $1,016,351,374
Quebec Est. Population 8,164,361
Atlantic Canada Est. Population 2,333,000
$185,849,375
$146,614,093
$7,875,635
$133,410,000
Western Canada Est. Population 12,053,678
Northern Ontario Est. Population 780,140
Southern Ontario Est. Population 12,775,222
$542,602,271
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ANNUAL REPORT ON ANGEL INVESTING IN CANADA
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