Top 15 Angel Investors in Canada [2023]

Angel investors are stepping up their game in Canada. Over the past few years, we have seen a spike in angel investor activity. These private investors often engage with entrepreneurs as they start and help them grow into more mature businesses. With so many new companies and startups springing up around the world, this trend is only going to continue – and it’s one we’re happy to see!

1. Solidarity fund

Fonds de Solidarite is a Canadian venture capital firm that invests in early-stage companies. Fonds de Solidarite has invested in companies such as Slack, Thalmic Labs and Hubba.

• Hubba: a Toronto-based software company that allows users to create a social media platform for their businesses and events. The company was founded by Brian Hill and Joel Simkhai in 2013; They both attended Ryerson University’s Ted Rogers School of Management together. They received million from Fonds de Solidarit in the summer of 2017 when he bought out the other two co-founders.
• Thalmic Labs: A Waterloo-based, Ontario-based wearable tech company that manufactures connected devices such as the Myo Armbands (arm controller) and Stem Gloves (a gesture control device). It was founded by Stephen Lake who met Tan Le while studying in the engineering program at the University of Waterloo which enabled him to obtain Solidarity Fund funding after graduating with a bachelor’s degree in 2012. * Slack: A Unicorn Tech American Valued at around billion USD that specializes in team collaboration tools such as messaging services or video chat tools like Skype, but also offers a version of business enabling companies like Facebook and Google to host their own internal chat rooms where employees can collaborate on projects without having to use emails or phone calls thus Reduce overhead costs associated with traditional collaboration methods such as face-to-face meetings or conferences that require travel time between locations, as most workers are not located close to others geographically

2. Relay

Relay Ventures is an early stage venture capital firm that invests in technology companies across Canada. Relay Ventures was founded in 2008 by two partners, Shawn Carloss and Mike McCauley, who were previously investment bankers at RBC Capital Markets. The company is headquartered in Toronto with a satellite office in Montreal and has made over 100 investments since inception across eight sectors, including FinTech, Enterprise Software & Services, Digital Media & Entertainment, Healthcare IT & Life Sciences and Clean Tech. Relay Ventures provides in-depth operational support to its portfolio companies through its network of advisors who work closely with founders on areas such as fundraising strategy and investor relations. The firm also works closely with other Canadian VCs to ensure that clients have access to all sources of capital available in Canada as well as globally through its global network of investors.

3. Northleaf Capital Partners

Northleaf Capital Partners is a leading private equity firm focused on investments in Canada and the United States. Northleaf’s team of experienced investment professionals have a track record of success in identifying, financing and growing businesses of all sizes. Northleaf provides capital to small and medium-sized businesses, growth-oriented mid-market companies, later ventures and emerging industry leaders.

4. BrightSpark Ventures

BrightSpark Ventures is a venture capital firm that invests in early-stage companies with high growth potential. The company has invested in over 100 companies, including Shopify, Hootsuite and Wealthsimple.

5.Corl

Corl is a Canadian fintech company that was founded in 2016. It is a member of CVO and has successfully raised over million from investors. Corl gives businesses access to cash flow by offering interest-free loans, which it calls “transparent revenue-sharing agreements.”

Corl has invested in over 30 companies, including:

• Forever Labs – Genetic testing company that provides DNA analysis for egg freezing services (raised million)
• Fetching – Pet care marketplace that offers door-to-door dog walking services (raised million)

6.Onex

Onex is a private equity firm with over billion in assets under management. Onex has invested in companies such as Dollarama, Dollar General and Couche-Tard.

Onex was founded by Gerry Schwartz in 1984 as an alternative investment firm focused on mergers, acquisitions and leveraged buyouts. Later that year it acquired the Ogilvy group of companies; This transaction marked the company’s entry into both retail and advertising. Today, Onex is based in Toronto but has offices across North America (including New York), Europe (London) and Asia (Hong Kong).

7. Panache Ventures

Panache Ventures is a Canadian venture capital firm that invests in early-stage companies. Panache was founded in 2013 and is based in Toronto, Ontario.

Panache has invested in 22 companies since its inception, including Dollar Shave Club (which sold to Unilever for billion), Breather (which sold to Wework for 0 million) and NAI Health (FKA Jiff ). The company has raised over 0 million in capital from top investors such as Firstmark Capital, Menlo Ventures and BDC Capital.

8. Equivalent

Equivesto is a venture capital firm that invests in seed stocking companies. It was founded by Guy Desjardins and David Desjardins in 2015. Since its inception, the company has invested in over 60 companies including Chameleon Technologies, Quixey, and Znode to name a few.

9. International gateway

International Deal Gateway is a venture capital firm that provides seed and early stage funding to Canadian startups. Founded in 2010 by entrepreneur and investor, Michael Serbinis, International Deal Gateway grew out of Serbinis’ experience as the founder of Kobo – the world’s first electronic device. After raising million in capital from Amazon, which then acquired Kobo for 5 million, Serbinis looked for other opportunities to invest his wealth in companies with strong growth potential. In 2017 alone, International Deal Gateway invested over million USD in 11 startups across Canada and helped grow these companies into billions of companies such as LightSpeed ​​Pos Systems (acquired by Blackbaud), Shopify (acquired by Salesforce), Wattpad (acquired by Rakuten), and Vision Critical Communications Inc., among others.

10. Adventure for Canada

Venture for Canada is a venture capital fund that invests in Canadian startups. Founded by Richard C. Sarauer and Paul Allen in 1992, it has invested in over 120 companies, including Shopify, Hootsuite, Vision Critical and D2L. The fund makes both angel investments (0,000 to million) and follow-on investments ( to million).

11. A Negotiator

Dealmaker is a Toronto-based venture capital firm. It was founded by Mike Serbinis and Patrick Lor in 2017. Since its inception, Dealmaker has invested in over 100 companies across Canada and the United States.

Dealmaker provides funding to startups ranging from 0,000 to million under their Seed Investment Program. In addition to funding, Dealmaker also provides its portfolio companies with access to industry experts who can help them augment their business model or product development process based on their growth needs and aspirations.

12. Cycle cycle

Cycle Capital is a Canadian venture capital firm that invests in early-stage technology companies. Founded in 2000 by John Baker and based in Toronto, Ontario, Cycle Capital has invested in over 200 companies across Canada, the United States, Europe and Israel.

Cycle Capital was one of the first Canadian funds to raise funds from foreign sources, including the United States, Germany and France. The firm uses its extensive network of contacts to help identify potential high-growth emerging companies for investment consideration. It also provides additional financial support through its affiliate funds listed below:

13. Lara Exploration

Lara Exploration is a Canadian private equity firm investing in the mining and minerals exploration sector. The company was founded by Frank Giustra who is also its CEO. It has offices in Toronto, Ontario and Vancouver, British Columbia.

Lara Exploration invests in junior mining companies with a focus on gold, silver and copper deposits located in North and South America.

14. Real Businesses

Real Ventures is a venture capital firm that invests in early-stage technology companies. The company was founded by Jean-François Gagne, who is its general partner. Since its inception in 2015, Real Ventures has invested in more than 100 companies and exited four of them (including Littlestar and Thalmic Labs).

Real Ventures’ portfolio includes notable startups such as:

• Kano Computer Company
• Teefury Clothes

15.Omers Private Equity

Omers Private Equity is a private equity firm in Canada that invests in companies that need capital to grow. He’s invested in companies like Shopify and Wattpad, which have grown exponentially over the past decade.

Conclusion

While there are more than enough angel investors in Canada to meet your needs, it’s important to do your research and find one that matches what you’re looking for. If you have any questions about angel investing, please reach out!