As the year draws to a close, we would like to take a moment to thank you for your ongoing support of York Angel Investors and start-up ecosystem.
This year YAI turned 10th, and with that milestone anniversary came other milestones to celebrate!
In 2018, York Angels, with your kind assistance, was able to
- Add 27 new angel investors to the ecosystem,
- Invest $7.25 million
- Into 53 companies
But that was just the beginning of the good news.
We were delighted that Enthusiast Gaming had its IPO in October, and that HTBase was acquired in December by Juniper, providing our angels with a 10.8x exit! As well, many other portfolio companies excelled. Kepler Communications raised a further round at a substantially higher valuation, and launched another satellite; and Dapasoft, into which YAI originally invested over $4.7million, has combined with iSecurity, to form a company with $25 Million in revenue. And that’s just naming a few of our all-star portfolio companies!
This has been an exceptionally strong year for the angels and portfolio companies of YAI.
And all of this would not be possible without the support of our angels and ecosystem. Thank you all for your referrals, for volunteering, for mentoring entrepreneurs, for investing not only money, but also time, into promising start-ups. Thank you for your belief in the possible, in the opportunities.
May your holidays be filled with family and friends, rest and relaxation.
Just a reminder that our YAI offices will be closed from December 22nd to January 2nd, so that we may return energized for the great opportunities ahead in 2019!
We wish you and yours a very safe & Happy Holiday, from our YAI Family
– Jess, Ana, Cass & Zach
PS: view the 2019 Meeting Schedule & save the dates!