Maple Leaf Angels
Ready to pitch? Apply for funding now.
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.
Our screening process:
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.
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.
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:
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.
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