Our friends at PwC Canada are trusted partners for our member companies. Recently, their team shared with us the 2017 MoneyTree Canada Report. It contains updates on the Canadian Venture Capital and high-growth startups ecosystem and is a staple of the financial community, entrepreneurs, government policymakers and the business press worldwide.
"With $2.7B invested into the Canadian technology sector, 2017 was another record-breaking year. With average deal size increasing 31%, from $8.3M to $10.9M this past year, we anticipate more expansion- stage rounds to come in 2018, as the calibre of Canadian talent and tech continues to attract capital."
Chris Dulny, National Technology Industry Leader, PwC Canada
The report digs deep into Artificial Intelligence, Cybersecurity, and Fintech. It also breaks down the more than $129 million in funding in the Prairies region in 2017. If you're curious about investment in Canadian technology companies or preparing for investment in your own startup, the report is a great place to start your education and get relevant information on our thriving national ecosystem.