Looking for funding to take your company to the next level?
Submit an online application to be considered for investment. If we believe the investment opportunity may be a good fit, we will invite you for a 30-minute informal, introductory ‘Office Hours’ meeting with a few of our angels. This will be an opportunity to seek mentoring, feedback and pitch for funding. The Office Hours Meeting is the first step in our screening process for investment from Maple Leaf Angels members and the MLA48 Fund.
All companies will be considered for investment from the broader angel investor network and the MLA48 Fund – there is no need for a separate application. The MLA48 Fund can invest $150k into a company within 48 hours from the time of a company’s formal pitch to the Investment Committee. The fund has specific requirements. See below for more information on both streams.
Submit a simple and free online application to be considered by our screening team
Our screening process:
- We assure you that we will review your application carefully. Due to high volumes, we are not able to invite every company that applies to us. We try to select companies that we believe best align with our thesis. This is not to say that we don’t believe you’re destined for success, but that we might not be the right investors for you.
- Founders whose companies may be a good fit for MLA are first invited to Office Hours. These weekly meetings are a 30-minute informal, introductory session with the MLA team to seek feedback and pitch for funding. It is the first step in our screening process for Maple Leaf Angels members and the MLA48 Fund.
- You can expect to receive feedback from us after your meeting. See below for what happens after Office Hours.
Pitching to the MLA membership network
Every month, 4 companies are shortlisted to meet with the Investment Review Committee (IRC). This is a 40-minute deeper dive with the committee to further assess fit.
2 out of 4 companies are selected by the IRC to pitch to the MLA membership network at a monthly Investment Meeting.
Investment Meetings are held every month except the Summer and in December. That being said, there are opportunities to be flexible and fast-track deals on an ad-hoc basis outside of an investment meeting.
Following the investment meeting, the company will have a 2-hour due diligence meeting and thorough review of the data room with interested investors before individual commitments are made.
Pitching to the MLA48 Fund
If your startup meets the requirements for the MLA48 Fund (see criteria below), the company will be invited to deliver a formal pitch to the MLA48 Investment Committee (IC). The company is requested to share its data room ahead of the 2-hour IC meeting.
Within 48 business hours, the lC will make an investment recommendation to the MLACC Board, the General Partner of the MLA48 Funds.
The MLA48 Fund can then make an investment commitment to the company. If there is room available in the round, the company will also have the opportunity to present to the entire membership of MLA at the next Investment Meeting.
Maple Leaf Angels 48 (MLA48)
Investment decision within 48 hours
Established in 2014, Maple Leaf Angels 48 Limited Partnership (MLA48) is a limited partnership designed to foster innovation in Ontario by accelerating funding timelines for Ontario’s brightest entrepreneurs while providing diversification for accredited investors.
MLA48 Fund I and II have successfully invested all of its funds into 8 promising early stage startups and are fully deployed. MLA48 III is in deployment mode. It has successfully invested $150,000 each in two companies and is actively in search of high potential seed-stage technology companies for investment. We will consider investing up to $150,000 per company with up to $200k reserved for follow-on, and there are some parameters to meet. Criteria for initial investment includes:
- Unique IP/Strong differentiation and moat
- Two or more co-founders
- Pre-money valuation range up to $5 Million CAD
- Information Rights, Pro-rata rights, Board seat
- We want to get to know you to ensure that there is a mutual fit – even better if you come referred to us.
Investment decisions will be made within 48 hours of presenting to the MLA48 Investment Committee – not from the time you submit your application. We pride ourselves on being decisive, and we want to make sure your expectations are managed.
What startups can expect from Maple Leaf Angels
CAPITAL
Being an MLA portfolio company will refocus you on building your business, not constantly raising money. We’ll have you pitch to the Maple Leaf Angels group for follow-on funding when the time is right.
COMMUNITY
Being an entrepreneur can be a lonely path. Connecting with other founders in the portfolio will help you through all the little challenges that make a big difference.
CONNECTIONS
Need an intro to a potential customer? Access to distribution partners? Locked your keys in the car? We have connections.
COACHING
You don’t have to make the same mistakes we did. We can assign one of our partners to coach you through every step of your company’s development.
Office Address:
95 King St. E, Suite 300, Toronto, ON M5C 1G4
Contact Us:
Email: info@mapleleafangels.com
Phone: 416-646-6235
Directions: