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 it's inception CAN members haveinvested over $20M into over 60 early stagecompanies. This funding has also leveragedover $100M in additional investment throughgovernment grants, syndication with otherangels groups and venture. The portfolio hasnow seen 8 exits that provided a positivereturn for investors. In 2017 our membership base grew to over 50angels. Our group made 14 new and 6 follow-on investments totaling $3M in investment.


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.


As an entrepreneur when approaching CAN your startup should’ve already receivedfunding 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 ofcompanies 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

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Capital Angels Network

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