Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
NACO | May 26, 2014
The National Angel Capital Organization (“NACO”) releases data on Angel investing that shows $89 million was invested in 199 deals by 29 Canadian Angel groups last year alone. This data was captured in NACO’s 2013 Report on Angel Investing Activity in Canada, which was released today on their website. The annual study conducted by NACO measures the activity of the visible Angel investor community in Canada and identifies trends and best practices for investors and entrepreneurs. Since 2010, the report has captured 475 investments, representing $180 million injected in the Canadian entrepreneurial ecosystem by visible Canadian Angel investors. The 29 groups that participated in this year’s study represent over 2,100 individual investors across Canada, of which 40% are in Western Canada, 55% in Central Canada, and 5% in Eastern Canada.
Source: here
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