Almost a month after AngelList and the Ontario Securities Commission announced a partnership to launch AngelList Syndicates in Ontario, AngelList has launched a Canadian landing page featuring three different available AngelList Syndicates in the province.
The three Syndicate leaders include Clearbanc co-founders Michele Romanow and Andrew D’Souza, who expect to fund six deals a year with a $25,000 typical lead investment; Shopify director of product Satish Kanwar, who expects to fund three deals a year with a $10,000 typical lead investment; and Ramen Ventures, which expects to fund six deals a year with a $25,000 typical lead investment. AngelList told BetaKit that more Syndicates will be featured soon.
AngelList has also published a variety of FAQs on eligibility requirements for those interested in investing or being invested in via Syndicates. For a detailed breakdown, you can also check out BetaKit’s guide on how AngelList Syndicates will work in Ontario here.
AngelList said there are ongoing discussions with regulators to bring AngelList Syndicates across Canada. It’s noteworthy that the new AngelList Canadian Syndicates page says “OTHER PROVINCES COMING SOON.”
Related: Check out AngelList’s Alex Norman talking about bringing Syndicates to Canada on the CanCon podcast.