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About Angels

The term "angel" originally comes from England, and was then borrowed by New York’s Broadway enthusiasts where it was used to describe wealthy individuals who provided money for theatrical productions. In 1978, William Wetzel, then a professor at the University of New Hampshire and founder of its Center for Venture Research, completed a pioneering study on how entrepreneurs raised seed capital in the USA, and he began using the term "angel" regularly to describe the investors that supported these high-risk early-stage businesses.

Although angel investment has been a practice for decades in North America, formalized networks in Canada have only been in existence since 2001. In the short time since, organized angel groups are now active across the nation.

Find out more about Angel Investors according to the ACA.