Capital Angel Network

What Capital Angel Network does

Capital Angel Network (CAN) is a private, membership-based angel investment group founded in 2010 and headquartered in Kanata, Ontario (c/o L-Spark, 350 Legget Drive), operating as the largest network of early-stage investors in the Ottawa-Gatineau-Kanata National Capital Region. The group functions as a curated deal-flow intermediary: it sources 45-70 monthly startup applications from across Canada via the Dealum platform, accelerator partnerships (Invest Ottawa's AccelerateOTT, leading Canadian accelerators), competition channels (Capital MASHUP), and member referrals; a selection committee screens 50+ pitches annually and presents qualified companies at monthly Member Investment Meetings. CAN has backed 180 portfolio companies across software, hardware, clean tech, agtech, biotech, and SaaS, deploying $77M cumulatively since inception, with $41M invested in the most recent five years and an average ticket of $200K per new or follow-on round.

CAN's product surface extends beyond pure deal syndication to include the Capital MASHUP annual pitch festival, the CANLABS four-week investment-readiness masterclass series, and the SheBoot investment-readiness bootcamp for women founders (co-founded with Invest Ottawa and now a standalone entity whose graduates have secured over $12.5M). The technology stack is intentionally lean: Dealum provides the dealroom, application intake, and member meeting infrastructure, while the Ottawa Founders column in the Ottawa Business Journal serves as a PR channel. Member education is delivered through the EdCom program (investor peer and expert learning).

The business model combines subscription recurring revenue from membership fees ($1,500 + HST/GST for individual accredited investors, $2,800 + HST/GST for VCs and family offices, inquiry-based corporate membership) with transaction-related exposure through member-deployed capital (historical range $50K-$2M per deal). The 55-member roster spans seasoned angels with 30-50 portfolio companies, super angels, family offices, VCs, and corporate seats (including Dentons as a legal services partner). The network is independently owned (no parent entity), led by Executive Director Suzanne Grant and Chair Jennifer Francis, and positions itself as a regional distribution hub rather than a fund manager: CAN does not deploy pooled capital itself but rather aggregates member commitments around screened opportunities.

Name

Capital Angel Network

Legal name

Capital Angel Network

Website

https://capitalangels.ca

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Capital Angel Network is a private, membership-based angel investment group in Ottawa-Gatineau-Kanata that sources, screens, and syndicates early-stage Canadian startups to its 55+ accredited investor members, having deployed $77M across 180 portfolio companies since 2010.

Ownership category

akta.pro rank

Product category

Angel Investing / Early-Stage Venture Capital

NAICS

Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industries

Early-Stage Venture Capital (Series A/B) (FSANAAAB), Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Angel investing network
• Early-stage venture funding
• Startup due diligence
• Seed capital investing
• Accredited investor network

Headquarters

HQ city

Ottawa

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: CAN generates revenue through membership fees: $1500 plus HST/GST for individual investors, $2800 plus HST/GST for Venture Capital firms and Family Offices. Corporate membership is also available with inquiry-based pricing.
2. Investment Returns: CAN members invest in early-stage startups, with average investments of $200K in new and follow-on deals, ranging historically from $50,000 to $2M for later-stage portfolio companies. The network has invested $77M since 2010.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Capital Angel Network is a member-based angel investment organization that pools capital from accredited investors to fund early-stage startups, primarily in the Ottawa technology corridor. Its core offering combines curated dealflow screening, shared due diligence by experienced members, monthly member investment meetings, and follow-on capital support for portfolio companies. The network complements direct investment with educational programs such as Capital MASHUP, CANLABS, and SheBoot.

Product overview

Capital Angel Network is a leading Canadian angel investment group and the largest network of early-stage investors in Ottawa, Gatineau, and Kanata. It is not a technology product company but rather provides angel investment services including screened dealflow, shared due diligence, member investment meetings, and educational programs. The network backs companies across software, hardware, clean tech, agtech, biotech, SaaS, and other sectors through programs like MASHUP pitch competitions and CANLABS masterclass series.

Differentiator

Problem solved

Functional benefit

Brands

• Capital MASHUP: Annual mini-festival and pitch competition hosted by Capital Angel Network featuring pitch competitions, networking opportunities, and investor-founder connections.
• CANLABS
• SheBoot

Products and services

• CAN Member Investment Platform Member-based angel investment offering providing accredited investors with screened early-stage dealflow, shared due diligence by experienced members, monthly member investment meetings, and follow-on capital support for portfolio companies.
• Capital MASHUP Annual pitch competition and showcase event at which curated startups present investment opportunities to CAN members, serving as a deal-sourcing and networking event for the angel community.
• CANLABS Educational masterclass series offered by Capital Angel Network to develop investor and founder capabilities around angel investing, deal evaluation, and company building.
• SheBoot Bootcamp program focused on supporting women entrepreneurs and investors in building and funding early-stage companies through Capital Angel Network.

Named customers10 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Invest OttawacoreStrategic or Co-development PartnerJoint founding partner of SheBoot investment-readiness bootcamp for women founders. Co-developer of programs supporting women-led startups and diversity in entrepreneurship.
• DealumcoreTechnology or IntegrationPlatform provider for CAN dealroom, application processing, and member investment meetings. All applications submitted through Dealum platform.
• L-SparkcoreStrategic or Co-development PartnerHost location partner for Capital Angel Network headquarters; co-organizer of MASHUP events and ecosystem programs.
• TiECon Canada / ITiE OttawaminorGTM or Marketing PartnerPartnered to launch 'Investor Connect' program bringing experienced investors and early-stage founders together at #TiEConCanada2022.
• NACO (National Angel Capital Organization)coreStrategic or Co-development PartnerStrategic partnership for Canadian angel investing standards, programming, and co-marketing initiatives supporting women in angel investing.
• SheBootcoreStrategic or Co-development PartnerInvestment-readiness bootcamp for women founders, jointly established by CAN and Invest Ottawa, now a standalone entity. Has helped graduates secure over $12.5M in investment.
• DentonsminorOthersCorporate member providing legal expertise and support to the network and portfolio companies.
• SeoPlusminorOthersDigital marketing partner supporting CAN communications and outreach.
• TCC CanadacoreChannel Partner/ Reseller/ DistributorEvent venue partner for Capital MASHUP and member meetings at Performance Court location (150 Elgin St, Ottawa).

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Maple Leaf Angels: Toronto-based angel network investing in early-stage Canadian startups. Directly comparable as a regional angel group sharing dealflow (e.g., LearnExperts round) and competing for the same accredited investors and founders.
• Georgian Angel Network: Ontario angel network based in the Barrie/Simcoe region co-investing with CAN. Comparable membership-based model, dealflow sourcing, and shared due diligence for early-stage Canadian startups.
• Golden Triangle Angel Network: Kitchener-Waterloo-based angel network serving the Ontario innovation corridor. Directly comparable as a regional Canadian angel group sourcing, screening, and syndicating early-stage investments.
• Keiretsu Forum Canada: Canadian chapter of the global Keiretsu Forum angel network. Comparable as a membership-based angel group running structured pitch events and shared due diligence for early-stage investments across Canada.

Broad incumbents

• NACO - National Angel Capital Organization: National umbrella body for Canadian angel investors and groups, of which CAN is a partner. Comparable as the broader ecosystem organization setting standards, aggregating dealflow, and representing the angel asset class in Canada.
• Real Ventures: Montreal-based seed-stage venture capital firm and ecosystem builder across Canada. Comparable as an institutional capital provider and ecosystem partner operating in overlapping geographies and stages to CAN's angel membership.

Emerging players

• FrontFundr: Canadian online private-market investment platform enabling retail and accredited investors to participate in startup and private financings. Comparable as an alternative dealflow and syndication channel competing for the same investor capital.
• AngelList: U.S.-based online platform for startup fundraising and syndicates. Comparable as an alternative dealflow infrastructure that increasingly competes with traditional in-person angel networks like CAN for both founders and investors.

Regional players

• Sand Hill Angels: Established Silicon Valley-based angel network. Comparable as a mature, membership-driven angel organization with structured screening, shared due diligence, and portfolio support, though operating in a different (U.S.) geography.

Others

• Network of Angel Organizations Ontario (NAOO): Ontario coalition of angel groups collaborating on deal sharing and standards. Comparable as a peer-level ecosystem counterpart enabling dealflow synergies among regional angel networks including CAN.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CapitalAngels
• LinkedInlinkedin.com/company/capital-angel-network
• Instagraminstagram.com/capitalangelnetwork

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments101 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Angel Network