2017 Report on Angel. Investing Activity in Canada. The First Funders of Innovation

Transcription

1 2017 Report on Angel Investing Activity in Canada The First Funders of Innovation

2 About NACO >Since 2002, NACO has been a not-for-profit champion for Canada s Angel investor community >Today, NACO helps support over 4,000 Angel investor members across more than 40 Angel networks in Canada >Our members help Canadian entrepreneurs turn nascent ideas into thriving, scalable businesses 1

3 NACO s Mission To grow and develop Angel investment in Canada and evolve it into a new asset class of investment that will drive Canadian innovation and prosperity 2

4 NACO s Role in Supporting Angel Investors Empowering Connections Improved Outcomes A Coordinated Voice 3

5 Angels Fill the Gap in the Innovation Continuum 4

6 2017 Report on Angel Investing Activity in Canada: The First Funders of Innovation >8th Annual report tracking group investing activity in Canada 5

7 Report Authors > Colin Mason, University of Victoria > Bryan Hunter, Project Manager > Caroline Bracht, Project Steering Committee > Erika Kurczyn, BDC Capital > Colin Mason, University of Glasgow > Jarrod Ladouceur, Ryerson University > Yuri Navarro, Committee Observers > Jim Valerio, Innovation, Science and Economic Development Canada > Warren Clarke, Innovation, Science and Economic Development Canada 6

8 2017 Report Overview Report Scope >Study of linear data collected between Jan and Dec 2017 >Tracks investment and best practice data from 43 participating Angel groups, representing over 4,600 investors >Identifies trends in fundraising and organizational behavior >Since 2010, this report has captured details of 1,918 investments into 1,124 companies totalling more than $722 million of Angel capital 7

9 2017 Report Overview Key Findings 1. Investment from member Angels continued at record highs in Angels are doing more and larger deals. 3. Investing continues to be concentrated by sectors and region 4. Angel network collaboration adding value to investors and entrepreneurs 8

10 A National Network of Investors 9

11 2017 Report on Angel Investing Activity in Canada >Investment is Growing 10

12 2017 Report on Angel Investing Activity in Canada: The First Funders of Innovation >Investments Are Concentrated by Sector 11

13 2017 Report on Angel Investing Activity in Canada: The First Funders of Innovation >Valuations and Deal Sizes 12

14 2017 Report on Angel Investing Activity in Canada: The First Funders of Innovation >Syndication 13

15 Key Findings >505 investments were captured totaling $162.6 million. > The amount invested is up 3.4% from last year > The number of investments are up 20.8% > Of groups that reported in both 2016 & 2017 investment activity is up > The year on year growth continues 14

16 Key Findings >Angel Groups received 8,529 applications for funding in 2017 of which: > 1,200 companies presented > 482 companies went through due diligence > 448 were funded 15

17 Top 5 Canadian Angel Groups 16

18 Overall Economic Impact from Angel Investment The NACO database includes 773 companies that received investment from Angel investors Of these 773 companies, 70% are still active as of December 2017 Economic Impact: These companies have generated $1.7 billion in revenue And created over 6,000 jobs Ratio of Revenue/Investment dollar: 4.26 Ratio of Investment dollar/revenue: 0.23 Average jobs created per company: 13 17

19 2018 World Angel Investment Summit September Toronto, ON Where You Will Be Who You Will Hear From 700+ Guests 60+ Speakers 20+ Countries 18