About Us

Founded in 2009, the Capital Angel Network (CAN) has been investing in startups in the National Capital Region for almost a decade. Since its inception CAN members have invested over $20M into over 60 early stage companies. This funding has also leveraged over $100M in additional investment through government grants, syndication with other angels groups and venture. The portfolio has now seen 8 exits that provided a positive return for investors. In 2017 our membership base grew to over 50 Angels. Our group made 14 new and 6 follow-on investments totalling $3M in investment.


The CAN Process
CAN actively engages with the Ottawa startup ecosystem by integrating directly with local incubators and accelerators. We also host a bi-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 our membership.


Our FocusAs an entrepreneur when approaching CAN your startup should’ve already received funding from government grants and family & friends. Although this is not mandatory, your product is ideally in the market with a growing customer base. Your startup is now prepared for an injection of capital that will accelerate your growth. Most companies that approach CAN are raising between $500K & $1M.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 our portfolio primarily consists of the following verticals:

  • B2B/Enterprise SaaS
  • Internet of Things
  • Artificial Intelligence
  • Cybersecurity
  • Health & Wellness Technology

Board of Directors and Team