
Golden Triangle Angel Network
Description
Golden Triangle Angel Network (GTAN) is a prominent Canadian angel investment firm based in Cambridge, Ontario, serving the broader Golden Triangle region which includes key innovation hubs like Waterloo, Guelph, and Kitchener. Established in 2009, GTAN operates as a not-for-profit organization comprising accredited investors dedicated to funding and nurturing early-stage, high-growth businesses across Canada. Its mission is to bridge the funding gap for promising startups by providing crucial seed and early-stage capital, alongside valuable mentorship and strategic connections from its experienced member base.
GTAN's investment strategy is sector-agnostic to a degree, though it shows a strong inclination towards technology, life sciences, advanced manufacturing, cleantech, and consumer products. The network focuses on companies demonstrating significant growth potential and a clear path to market. Since its inception, GTAN has made a substantial impact on the Canadian startup ecosystem, having collectively invested over $60 million into more than 100 companies. This extensive portfolio underscores its commitment to fostering innovation and economic development within the region and beyond.
The typical first cheque size for a GTAN syndicated deal ranges from $250,000 to $1,000,000. This range allows GTAN to support a diverse array of early-stage ventures, providing the necessary capital for product development, market entry, and team expansion. The network's strength lies in its robust membership, which comprises over 150 active accredited investors. These members not only contribute capital but also bring a wealth of industry expertise, operational experience, and strategic networks, offering invaluable support to their portfolio companies. GTAN's collaborative approach often sees its members co-investing with other angel groups, venture capital firms, and government programs, further amplifying the impact of their investments.
Investor Profile
Golden Triangle Angel Network has backed more than 21 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 24 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Angel, Series C rounds (top funding stages).
- Majority of deals are located in Canada, United States, Australia.
- Strong thematic focus on Software, Sensor, Cloud Computing.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (81%)
- Angel (10%)
- Series C (5%)
- Grant (5%)
Country Focus
- Canada (90%)
- United States (5%)
- Australia (5%)
Industry Focus
- Software
- Sensor
- Cloud Computing
- Machine Learning
- Health Care
- Mobile
- Saas
- Computer
- Biotechnology
- Medical
Frequently Asked Questions
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