Capital Angel Network

The Capital Angel Network (CAN) is a prominent not-for-profit organization based in the Ottawa-Gatineau region of Canada, established in 2009. It serves as a vital bridge connecting early-stage, high-growth potential companies with a network of experienced angel investors. Its primary mission is to facilitate access to capital and mentorship, thereby fostering the development and success of the local entrepreneurial ecosystem.

Since its inception, CAN has played a significant role in fueling the growth of Canadian startups. Its members have collectively invested a substantial amount, exceeding $65 million, into more than 120 innovative companies. This consistent activity underscores CAN's commitment to supporting the next generation of businesses across various sectors, contributing significantly to job creation and economic development in the region.

CAN typically focuses on companies seeking pre-seed, seed, and Series A funding rounds. While the total investment in a round facilitated by CAN members can range from $250,000 to $1,000,000, individual angel contributions, which represent the typical first cheque, generally fall between $25,000 and $250,000. The network is sector-agnostic but shows a strong interest in technology-driven ventures, including SaaS, AI, Cleantech, Medtech, Fintech, Cybersecurity, and E-commerce.

The network's structured approach involves a rigorous selection process, including company applications, pitch events to members, and subsequent due diligence. This ensures that investors are presented with thoroughly vetted opportunities, while entrepreneurs gain access not only to capital but also to the valuable expertise and connections of seasoned angel investors. CAN's enduring presence and consistent investment track record solidify its position as a cornerstone of the venture capital landscape in Eastern Ontario.