Are there any restrictions for Canadian investors?

AngelList is open to all accredited Canadian investors with knowledge and/or experience in investing in early-stage tech companies.

However, our Canadian regulators have certain requirements for Canadian investors closing into US deals on AngelList.

All deals must be comprised of Quality Investors and the Fund Lead(s) must be Credible Investors. Portfolio companies receiving investment must be an Eligible Start Up that is operating or doing business in Canada. 

In addition to the above requirements:

For Syndicates, Rolling Funds, and Venture Funds:
The Fund lead must have a certain amount of "skin in the game" by committing a specific amount of their own funds—a minimum of either $10k or 2% of the total investment (whichever is lower). This requirement is not met if the lead's commitment is coming out of a fund.

For Roll Up Vehicles:
"Skin in the game" requirements do not apply to RUVs as long as the deal complies with other OSC requirements.

 

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