When was Maple Leaf Angels founded?

Maple Leaf Angels was founded in 2007.

Where is Maple Leaf Angels' headquarters located?

Maple Leaf Angels' headquarters is located in Toronto (Canada).

How many companies has Maple Leaf Angels invested in?

Maple Leaf Angels has invested in 25 companies, including Nicoya Life & Cybeats.

Which companies has Maple Leaf Angels invested in lately?

EmergConnect & Gruvi are the latest investments by Maple Leaf Angels.

What sectors does Maple Leaf Angels focus on for investments?

Top sectors in Maple Leaf Angels' portfolio are Enterprise Applications (13 investments) and High Tech (5 investments).

How many exits has Maple Leaf Angels been involved in?

Maple Leaf Angels' portfolio has seen 2 IPOs and 5 acquisitions.

Maple Leaf Angels - 2026 Investor Profile, Portfolio, Team & Investment Trends

Maple Leaf Angels, established in 2007, is an angel investment group based in Toronto, Canada. It primarily focuses on Seed investments in companies in Canada. Its portfolio includes 25 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Nicoya Life, Cybeats and OnCall. As of Jul 2026, Maple Leaf Angels has witnessed 7 portfolio exits. Its latest investment was a $1.75M Seed round in EmergConnect on 2025, which also saw participation from AQC Capital and Leva Capital.

To date, 49 investors have co-invested in Maple Leaf Angels's portfolio companies, including prominent names like York Angel Investors.

Key Metrics

Founded Year

2007

Location

Toronto, Canada

Portfolio Companies

Nicoya Life, Cybeats & 23 more

Sectors of Investment

Enterprise Applications, High Tech & 17 more

Stages of Investment

Seed, Angel & 2 more

Locations of Investment

Canada & United States

View Maple Leaf Angels's full profile

Maple Leaf Angels has a portfolio of 25 companies. Their most notable investments are in Brew Ninja and TraceSecurity.Their portfolio spans across Canada and United States. They have invested in Enterprise Applications, High Tech, Consumer and 16 other sectors, across stages such as Seed, Angel and 2 more. Here is the list of top investments by Maple Leaf Angels:

1. Nicoya Life

Provider of hyperspectral optical microscopes for surface analysis. It offers a personalized device for the measurement and characterization of biomolecular interactions. Its surface plasmon resonance sensor enables interactions between proteins, antibodies, DNA, RNA, peptides, polymers, and more to be studied with nanoscale resolution.

Key facts about Nicoya Life

Founded Year: 2012
Location: Kitchener (Canada)
Stage: Series A
Total Funding till date: $35M
Employee Count: 122 as on May 31, 2026
Investors: BDC Capital, Canadian Space Agency and 19 Others
Latest Funding Round: Series A, Dec 16, 2021, $*****
Highlight: Editors' Pick

2. Cybeats

Provider of a cybersecurity platform for IoT devices. It provides solutions to identify security vulnerabilities in the development process of a device and protects it against abnormal device behaviour and allows immediate response without downtime. It also provides SOC integration and tools to manage the ongoing security of deployed devices, including secure firmware updates.

Key facts about Cybeats

Founded Year: 2016
Location: Toronto (Canada)
Stage: Public
Total Funding till date: $3M
Employee Count: 49 as on May 27, 2025
Investors: MaRS Discovery District, Maple Leaf Angels and 12 Others
Latest Funding Round: Post IPO, Nov 13, 2025, $*****
Highlight: Public

3. OnCall

Cloud-based telehealth management solution for providers. The company has developed software products that provide virtual care programs for patient management. It has features for real-time patient data management, appointment booking, communication, and more.

Key facts about OnCall

Founded Year: 2016
Location: Toronto (Canada)
Stage: Acquired
Total Funding till date: $18.6M
Employee Count: 53 as on Jul 01, 2024
Investors: Maple Leaf Angels, Ripple Ventures and 4 Others
Latest Funding Round: Series B, Apr 12, 2022, $*****
Highlight: Acquired

4. Well.ca

Online retailer of health, beauty, skincare, food, and home products. It provides an array of items, including baby and kids products, personal care items, fitness and protein supplements, and medicine and health-related goods. The retailer also offers home and lifestyle products, food and snacks, and green and natural options. Customers can purchase gift cards and explore sales on various items.

Key facts about Well.ca

Founded Year: 2008
Location: Guelph (Canada)
Stage: Acquired
Total Funding till date: $8.33M
Employee Count: 183 as on May 31, 2026
Investors: Maple Leaf Angels, Inovia Capital and 9 Others
Latest Funding Round: Series C, Apr 05, 2013, $*****
Highlight: Acquired

5. Realize Medical

Realize Medical is a developer of a VR platform for creating 3D medical models. It provides a medical image viewing, modeling, and communication platform. It can be used for the benefit of health care professionals and patients.

Key facts about Realize Medical

Founded Year: 2019
Location: Ottawa (Canada)
Stage: Seed
Total Funding till date: $1.2M
Employee Count: 49 as on May 27, 2025
Investors: Maple Leaf Angels, York Angel Investors and 2 Others
Latest Funding Round: Seed, Dec 03, 2024, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Maple Leaf Angels has invested in 25 companies over the last 19 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Gruvi and most recent follow-on round was in EmergConnect.

Here are Maple Leaf Angels' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	1	1
2024	0	0	0
2023	0	0	0
2022	0	0	0
2021	6	0	6
2020	1	0	1
2019	4	0	4
2018	4	1	5
2017	1	0	1

View all investments by Maple Leaf Angels

Maple Leaf Angels has made 22 investments in Seed stage with an average round size of $1.12M, 1 investment in Angel stage with an average round size of $500K, 1 investment in Series A stage with an average round size of $3.6M and 1 investment in Series C stage with an average round size of $8M.

Here are Maple Leaf Angels' investments by stage:

Stage of entry	No. of Investments
Seed	22
Angel	1
Series A	1
Series C	1

Note: We have considered here, only first round of investments

View all investments by Maple Leaf Angels

Maple Leaf Angels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, HealthTech and Vertical SaaS. Notably, it has invested in 21 Tech companies, 17 Enterprise (B2B) companies, 12 Software companies and at least 8 companies focusing on Saas.

Here are Maple Leaf Angels' investments by sector:

Sector	No. of Investments
Enterprise Applications	13
Consumer	6
High Tech	5
HealthTech	4
Vertical SaaS	4
Others	24

Note: We have considered here, only first round of investments

View all investments by Maple Leaf Angels

Maple Leaf Angels has made most investments in Canada (22), followed by United States where it has made 3 investments.

Here are Maple Leaf Angels' investments by geography:

Country	No. of Investments
Canada	22
United States	3

Note: We have considered here, only first round of investments

View all investments by Maple Leaf Angels

Maple Leaf Angels has not made any investment in 2026 so far.

Here are the most recent investments by Maple Leaf Angels:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
2025	EmergConnect	Canada	Seed	4859	AQC Capital [+4]
Sep 28, 2021	Gruvi	United States	Seed	8906	Rockies Venture Club [+4]
Sep 13, 2021	LearnExperts	Canada	Seed	4619	Georgian Angel Network [+3]
Jul 22, 2021	EmergConnect	Canada	Seed	5344	Loyal [+1]
Apr 29, 2021	Realize Medical	Canada	Seed	2888	Capital Angels Network [+1]

See more recent investments made by Maple Leaf Angels

2 of Maple Leaf Angels' portfolio companies have become public. Cybeats got listed on the Canadian Securities Exchange (CSE), in Nov 2022 at marketcap of $764M.

Here are Maple Leaf Angels' portfolio companies that went public:

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Company	IPO Date	First Invested on	First Round of Investment	Round Size
Cybeats	Nov 21, 2022	Jan 15, 2018	Seed	6910
Orchard	-	Jun 10, 2015	Angel	4679

View more details about public companies in Maple Leaf Angels' portfolio

5 companies from Maple Leaf Angels' portfolio have been acquired. The most recent acquisition was Well.ca in Sep 2024 by Birch Hill Equity Partners for $*****.

Here are Maple Leaf Angels' portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Well.ca	Sep 05, 2024	Apr 01, 2008	Seed	3752
OnCall	Jul 18, 2024	Apr 16, 2019	Seed	4644
MasteryPrep	Nov 11, 2022	Dec 14, 2015	Series A	1272
Suncayr	Mar 01, 2021	Jan 03, 2018	Seed	9710
Shiny Ads	Nov 17, 2014	Mar 23, 2011	Seed	1054

View all acquired companies in Maple Leaf Angels' portfolio

Maple Leaf Angels has a team of 2 members located in Canada. Maple Leaf Angels' team does not sit on the board of any company as of now.

View team details of Maple Leaf Angels

Over the past 19 years, 95 investors have co-invested in Maple Leaf Angels's portfolio companies. This includes funds and angels.

Invested before Maple Leaf Angels: Accelerator Centre, Communitech and 6 others have invested in rounds before Maple Leaf Angels. There is 1 company where Accelerator Centre has invested before Maple Leaf Angels and 1 company where Communitech has invested before Maple Leaf Angels.
Top Co-investors of Maple Leaf Angels: 49 investors entered a company along with Maple Leaf Angels. These include investors like York Angel Investors (3 companies).
Invested after Maple Leaf Angels: A total of 38 investors have invested in Maple Leaf Angels's portfolio after their investments. Top Investors include Export Development Canada (2 companies) and MaRS Discovery District (2 companies).