Launch of Equation Angels
October 10, 2019 / Source: GTAN
GTAN has been collaborating with Angel One and SWO Angels as the Alliance for most of the last twelve months and it is finally time to reveal the name of the new umbrella organization. It is with great pride that we officially announce this exciting joint venture as Equation Angels. Together, the three Angel groups form one of the largest Angel networks in North America, with almost 200 Angel Investors. Equation Angels will enhance support and resources in Halton, Kitchener/Waterloo and Southwestern Ontario to grow the innovation ecosystem.
When startup founders apply for consideration, the successful companies pitch to all three Angel groups that form Equation Angels in the same week. By presenting to all three networks, companies have a higher likelihood of filling larger raises more expeditiously by combining the Equation Angels’ available capital, sector expertise, and investors.
As the second largest angel organization in Canada, Equation Angels will provide the foundation for entrepreneurs and dedicated investors to collaborate in a more effective and efficient way. Equation Angels’ unique curated internal processes enable investors to focus on what matters most – maximizing return on investment. Through this, Angels will also be given exclusive access to the latest trends that will shape the future of Canada’s economy.
In addition to the grand reveal, the evening included an investee showcase where Angels had the opportunity to meet twenty portfolio companies and hear about their impressive progress and exciting new opportunities. Current and future portfolio companies will benefit greatly from Equation Angels. The collaboration between the three networks has increased efficiencies for company selection, due diligence, deal leading and ongoing company support and success. Since joining with Angel One and Southwestern Ontario Angels, GTAN entrepreneurs have gained access to even more industry experts and capital which will reduce the funding timeline and increase success.
We are thrilled to see what Equation Angels will bring our Angels and Entrepreneurs! Be part of the Equation. Learn more here.