Maple Leaf Angels Announces MLA48 Fund III LP

Toronto, ON (Mar 27, 2019) – Maple Leaf Angels (MLA) and Maple Leaf Angels Capital Corporation (MLACC) are pleased to announce the launch of their third Angel Investment Fund, MLA48 Fund III LP.

In 2014 MLA launched Ontario’s first Angel fund as a member only limited partnership focussed on making quick investments in early-stage technology companies. The MLA48 funds promise to deliver investment decisions in 48 hours from the time of formal Investment Committee pitch. After successfully deploying MLA48 Fund I and II, MLA turns to its angel investor member network to raise MLA48 Fund III. “We are thrilled to announce the opening of MLA48 Fund III LP, continuing to build on MLA48’s mission of enabling selected founders to focus more of their time growing a successful business than on raising capital,” said Prathna Ramesh, Managing Director of Maple Leaf Angels.

MLA48II Investor, Travis Griffith notes, “I have been impressed with the diligence and structure MLA48 employs in selecting companies. The Fund can serve as a vehicle for diversification within the asset class, with almost no management fee and a tremendous benefit to the entrepreneurial community.”

The Fund is exclusively open to members of MLA. To date, Fund I and II have collectively invested in eight Canadian startups including Bus.comOrchardMoregidgeSuncayr, and Cybeats. MLA48 Fund III will consider investing up to $150,000 per company, with up to $300,000 available for follow-on investment, into talented early-stage startups. The financial and intellectual capital that comes with the Maple Leaf Angels network will enable these companies to maximize their potential.


MLA48 is the first fund in Ontario promising investment decisions in 48 hours, designed to foster innovation by accelerating funding timelines for Canada’s brightest entrepreneurs while providing diversification for accredited investors. The limited partners are MLA members who want to invest collectively, and the general partner is Maple Leaf Angels Capital Corporation, a subsidiary of Maple Leaf Angels Corporation.


Maple Leaf Angels enable high potential companies to grow, realize their potential, and offer excellent returns by bringing together investment, experience, and a network of partners. To date, our members have invested over $30 million in 55 companies across Canada. Our members have seen 14 collective exits within the MLA portfolio. We offer Curbside Mentoring events and weekly complimentary Office Hours to connect the brightest, most passionate entrepreneurs with our accredited investors in a streamlined process.

For more information please visit and follow us on Twitter at @mapleleafangels.

Prathna Ramesh Managing Director, Maple Leaf Angels