Maple Leaf Angels participation confirmedOctober 6, 2011 at 4:32 pm | Posted in Uncategorized | Leave a comment
Tags: Accelorators, Angel Investors, Incubators, Innovation, Network Analysis, Ontario, Research, Social Media, Startups, Technology, VC
OCTIE welcomes the participation of Maple Leaf Angels.
Maple Leaf Angels is a group of private investors from a wide variety of backgrounds and careers. They collectively possess deep expertise in information technology, manufacturing, alternative energy, finance and services, and these are typically the industries they invest in. However, they are open-minded and will look at companies in other sectors also.
They take pride in their diverse membership – their experience, knowledge, investment and drive is what makes their group successful. If you are a like-minded individual looking to broaden your knowledge and participation in early stage financing then please consider attending one of their investment events. The format is typically a 2-hour breakfast meeting, during which three pre-screened prospects are chosen to present in front of the group. These meetings are typically hosted once a month, and offer opportunities both to network and to view exciting early-stage companies.
Maple Leaf Angels has enabled its members to participate in early investments into some of Canada’s leading start-up companies such as Well.ca, Homestars, Regen Energy and Streamlogics (acquired by Thomson Reuters).
Joining an organized angel group offers many advantages over making angel investments alone. Benefits include:
Screening – Maple Leaf Angels has a full-time managing director who reviews applications by companies and screens out all but the best few that present at their meetings. This allows members to concentrate on the quality deals and not be inundated.
Due diligence – If group members express interest in a company that has presented, they may form a due diligence team. Their members collectively possess a wealth of experience and contacts that allow them to evaluate a potential deal from all angles. By participating in a group due diligence effort, angels can be more confident when investing in industries they are not personally familiar with, as it is likely that somebody on the team will have the industry-specific experience needed to form a sound judgment.
Syndication – Investing as part of a group (each of their deals typically involve between 5 and 10 of their angels) allows their members to diversify across a portfolio of companies. Instead of making big bets on one or two companies, members’ capital can be spread across 8 to 12 deals to reduce risk.
Co-investment – Maple Leaf Angels participates in co-investment deals with other angel groups in Canada. This allows their investors to participate in follow-on financing of other groups’ portfolio companies (and vice versa), taking advantage of their accumulated due diligence and knowledge.
Angel groups provide entrepreneurs access to a wider set of potential investors, as well as a structured process that allows a relatively quick and efficient investment decision. Angel investing represents a large and growing portion of the early stage capital available to startup companies. If you are new to Angel investing, we encourage you to read Angel Investing 101 and Considering Valuation.
Is an Angel Investment right for me?
It is important that you understand who they are, how they operate, what they look for in potential investments, and what they expect in return.
Angels typically invest between $25,000 and $100,000 per transaction individually, and from $250,000 to $750,000 as a group. They invest in one to four transactions per year. On average, angels are patient, with an average term for holding an investment of eight years. For the risk and added value they provide, angels seek returns of at least ten times their investment.
Maple Leaf Angels receive hundreds of business plan submissions monthly. Their funding process involves a thorough screening process where approximately three companies per month are selected to present to to their members for funding consideration.
What they’re looking for
They evaluate companies based on their management team, market opportunity, and growth potential, as well as other factors. To stand out from the rest of the crowd, make sure that you meet their investment criteria and that you are fully prepared with a polished business plan and presentation.
The group’s typical initial investment ranges from $250,000 to $500,000, and they participate in subsequent financing rounds as well. Furthermore, they will consider syndication opportunities with other angel investors, venture capital funds or early stage private equity firms.
The Board of Directors include:
Rob Koturbash – Managing Director
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