GAN holds its Barrie investment presentation meetings, by invitation only, to members and prospective members 8-9 times per year, the next of which is Thursday, February 16th , 2017.
Guests are typically referred by existing members, but accredited investors interested in attending our meetings are welcome to contact us directly with meeting enquiries. The group also works in partnership with our commercialization network organizations to assist in making companies “investor ready”.
Forward calendar for our Investment Meetings is as follows:
- Thursday, March 23rd, 2017
- Thursday, April 20th , 2017
- Thursday, May 18th , 2017
- Thursday, June 15th , 2017
FOR IMMEDIATE RELEASE
GEORGIAN ANGEL NETWORK ANNOUNCES NEW MANAGING DIRECTOR Michael Badham, CPA, CA, CBV appointed to succeed Sandy Robertson
Barrie, January 21, 2017 – Georgian Angel Network (GAN) is pleased to announce that Michael Badham has been appointed the Managing Director of GAN, succeeding Sandy Robertson. Badham will join GAN on February 1, 2017 and will work closely with Robertson until March 31, 2017. At that time, Sandy will retire from GAN to pursue supporting the growth of a GAN investee company, Earth to Kids, Inc. and its lead product Chickapea Pasta and Badham will assume full responsibility for managing the organization.
Badham has significant experience as a Chartered Professional Accountant, and a Chartered Business Valuator, providing clients with strategic financial advice, M&A transactions, financings, and corporate growth. His expertise in the areas of strategy, operations management, relationship building and governance in addition to his education and training provides a unique skill set to develop and deliver on the mission, vision and goals of GAN.
“Michael’s experience and hands-on approach will help grow GAN to its full potential as a leading angel network in Ontario,” says Sandy Robertson. “I am pleased to support this transition and look forward to my ongoing role at Earth to Kids knowing that GAN will be in capable hands.”
The Board of Directors of GAN would like to express their sincere appreciation and gratitude to Robertson who not only founded GAN but grew the organization into a significant angel investor network in Ontario.
“Because of Sandy’s perseverance and strong relationships, GAN is uniquely positioned to support entrepreneurs in Ontario,” says Rick Kostoff, Vice Chair of GAN’s Board of Directors. “Sandy has truly made a difference and has been instrumental in growing companies in Ontario through this network.”
“I am looking forward to carrying on Sandy’s good work with the members of GAN, angel networks across Ontario and the Simcoe County / Georgian Bay entrepreneurship community, and beyond” says Badham.
ABOUT GEORGIAN ANGEL NETWORK
The Georgian Angel Network(GAN) is a not for profit organization that connects angel investors in the Barrie, South Georgian Bay, Orangeville, and Muskoka regions with entrepreneurs needing equity capital to commercialize their innovations. GAN serves as a catalyst for economic development, facilitating deal flow between accredited investors and high- quality investee opportunities as well as providing investor and investee education services. Since December 2011 members of GAN have invested over $8.6 million in 24 portfolio companies, through initial-round financings as well as follow-on financings.
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TORONTO, ONTARIO–(Marketwired – Oct. 13, 2016) – Industrial SkyWorks, an unmanned aerial vehicle (UAV) and data analytics company serving North American customers with ground-breaking UAV solutions and data analytics today announced the recent completion of an investment by members of the Georgian Angel Network (GAN).
“We are excited about the investment made by the accredited investors from GAN,” said Michael Cohen, President and CEO of Industrial SkyWorks. “This funding accelerates the sales and marketing of our unique UAV analytical solutions targeting the complex problems facing the building envelope inspection business and the challenges of safely and cost effectively managing and maintaining oil and gas assets.”
“The investment with Industrial SkyWorks is an exciting opportunity for the members of GAN to provide a significant boost to the commercialization efforts of Industrial SkyWorks. We are extremely pleased to be part of a very large opportunity and with a leadership team that has assembled the right resources to deliver a world class platform,” said Sandy Robertson, Founder and Managing Director of GAN.
March 8, 2016 – Maintenance Assistant Inc, the industry leading provider of cloud-based maintenance and asset management software, today secured $5 million in a Series A round led by BuildGroup. The funds will be used to fuel the company’s growth in the mid-market and enterprise segments to double headcount and add new roles in sales and marketing, product development, and customer success.
With the investment, Peter Freeland, co-founder at BuildGroup, will join the Maintenance Assistant board of directors. BuildGroup, a private investment firm led by former Rackspace CEO Lanham Napier, is committed to supporting portfolio companies in core functions ranging from go-to-market guidance to product strategy and business development. The Series A round clearly reflects BuildGroup’s confidence in the Maintenance Assistant team and in the company’s future growth prospects.
Maintenance Assistant was the first investment made by GAN members, in December, 2011, and is the first in GAN’s portfolio to secure venture capital financing. With this investment, existing investors benefit from having visibility into the current valuation for the company and a current mark-to-market position.
Monday, November 30th – GAN members were part of a syndicated transaction between GAN, Angel One and GTAN that closed today, a mid six-figure equity financing for VistaShift Inc.
VistaShift presented at our September investment meeting, and while the GAN order book filled out first, all groups worked expeditiously to achieve a closing within 10 weeks. This represents a creditable period of time in which to get funding completed for the Issuer.
This transaction brings the number of GAN portfolio companies to 17 and over $5.7MM invested. With another investment in November on a rolling-close deal (yet to be announced as the round remains open), GAN members have invested $6.5MM since inception.”
September 9, 2015 – GAN members recently closed a low/mid six-figure equity financing for GAN investee company Weever Apps, Inc. This transaction was a co-investment with Niagara Angel Network and Angel One Network, and while GAN led this deal, the initial referral came from NAN. This reflects the collaboration between the Ontario angel groups which facilitates syndication.
Weever presented at our mid-June investment meeting, and along with our angel group partners were able to close & fund within 10 weeks from presentation date. As, well, a GAN member will be the Board Observer representative for the new investors on Weever’s board
This brings GAN portfolio companies to 16, with total investment since inception in 2010 of over $5.5 million.”
July 31, 2015 – GAN members closed on a low 7-figure financing transaction for Advanced Technology Emission Solutions (“ATES”) today, partnering along with a U.K. super-angel and the MaRS Investment Accelerator Fund. This marks the first time that GAN members have co-invested with a European investor in a cross-border deal, and a first same-time investment with the IAF.
This investment brings GAN portfolio companies to 15 to date, with over $5.3 million invested since inception in 2010. ATES presented at GAN’s mid-June investment meeting and we were able to close within a span of 6 weeks.
ATES has developed a patent-pending technology that reduces overall emissions for the automotive and industrial manufacturing sectors.