Canadian Angels Invested $90 Million Across 181 Companies in 2014, Report Finds

An annual report from National Angel Capital Organization noted that their member Angel investor groups made 237 investments in 181 companies across Canada in 2014, amounting to $90.5 million, with an additional $110.4 million of funding leveraged into the investments. Angels tend to invest in close geographic proximity, according to the report, with a majority (63%) of Angels located in Central Canada, 30% in Western Canada, and 7% in Eastern Canada. The average deal size was $1.2 million, an increase over 2013 and 2012 figures. New investments increased by 66% in 2014.

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