Capital Angel Network – Investment


Founded in 2009, the Capital Angel Network (CAN) has been investing in startups in the National Capital Region for over a decade.
CAN actively engages with the Ottawa startup ecosystem by integrating directly with local incubators and accelerators. They also host an annual Mashup to showcase the best of what our community has to offer. From there, companies apply to pitch on a monthly basis. Once screened, they are presented to the membership for investment. This process ensures that only high-quality investment opportunities with strong potential for returns are presented to CAN membership.

Comments on Funding:

Most companies that approach CAN are raising between $500K & $1M.


Applicants must:

  • be Ottawa startups;
  • have already received funding from government grants and family & friends;
  • ideally have their product in the market with a growing customer base;
  • be prepared for an injection of capital that will accelerate their growth.

CAN has invested in a diverse portfolio of companies ranging from a food waste recycler to a spectrum analyzer to a platform for bus rentals. However, given the background of CAN’s 50+ members their portfolio primarily consists of the following verticals:
a) Green Technology;
b) B2B/Enterprise SaaS;
c) Deep Tech
d) Artificial Intelligence;
e) Cybersecurity;
f) Health & Wellness Technology;
g) Agriculture Technology.

Applications Steps:

Applicants must submit:

After application submission, CAN prescreens the applications and up to 6 candidates are invited to the screening meeting where 2 or 3 will be chosen to present at the member meeting.

Program Contact:

Capital Angel Network

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