2018 Angel One Pauli Award Winners
Burlington, ON June 22, 2018 – Angel One Network held its sixth annual Founders and Funders Celebration last night where it announced the winners of the Pauli Awards, beautiful handmade glass sculptures created by local artist, Paull Rodrigue.
Angel One congratulates the following winners.
Founder of the Year: Martin Cloake
Co-founder and CEO of Ottawa-based Raven Telemetry – a company that initially received investment from Angel One members in early 2016 and subsequent rounds since then. On May 1, 2018, Raven announced that it had raised $6.1 million in equity financing from angel investors.
Joining Angel One members in this round are Fresh Founders (including Shopify’s Tobi Lütke and Harley Finkelstein), Rob Lander (former President and CEO of Stackpole), Luc Levesque (Former VP at TripAdvisor), Rob Ashe (Former CEO at Cognos), Jacket River, HBS Angel Investors of New York, and several others.
Martin founded Raven in 2013. The mission was to fix how manufacturers use their data. Raven uses technology developed for monitoring and controlling industrial processes. It combines the power of cloud computing, predictive analytics and best practices, delivering an “augmented management” model being used by Fortune 500 manufacturers to increase profits by millions of dollars per year. The company now employs over 30 people and has received millions of dollars in equity financing and support from numerous government agencies.
Funder of the Year: Rob Tyler
Rob joined Angel One in 2015 and since that time has participated in 8 rounds, covering 6 companies in the software and health care sectors.
Rob was President of Burlington Automation, a leading design and manufacturer of 3D robotic plasma cutting systems serving the structural steel, construction, oil and gas and general fabrication markets in North America. The company’s main products are sold under the Python X brand name. The company was acquired by Lincoln Electric in 2013.
Beyond making a financial investment, Rob gets involved working on the businesses in which he invests. In fact, this has become a strong factor for Rob in making his investment decisions. Rob embodies the true spirit of Angel Investing.
He willingly and freely shares his depth of experience and insight in building and running a successful company, along with his extensive network.
Contributor of the Year: Daniel Kube
Daniel joined Angel One in January 2013. Since then, he has been an active member and investor, joining the Angel One Board in June 2016. He has served on a variety of Angel One committees, including the Due Diligence committee.
Daniel has successfully helped a string of companies grow their businesses in an accelerated fashion: Stericycle, Prompt Alert, IGLOO Software, PricewaterhouseCoopers, performancesoft, Actuate, and IONA Technologies.
Locating his latest company, ServicePath, at TechPlace puts him squarely in the action, which is a natural place for him to be. With his typical inclusive and helpful style, he represents Angel One in numerous initiatives with organizations in our ecosystem including DMZ, MaRS, Haltech, Innovation Factory, the Forge, and more. He is a regular contributor to Angel Investing Educational seminars.
Along the way, Daniel has obtained his Institute of Corporate Directors designation, adding another skill set for expanding the breadth and depth of his contribution.
About Founders & Funders Celebration
Over 150 people attended, met companies participating in the Investee Showcase and enjoyed the reception following the awards ceremony.
Members of the Angel One Network, as well as investee companies and people from the community gathered at the McMaster University, Ron Joyce Centre, DeGroote School of Business location in Burlington.
Karen Grant, Executive Director of the Angel One, spearheaded the creation of this event and shares, “Angel One has attracted a superb group of members who are engaged and passionate about their investee companies. It is a great honour to be recognized as one of the leading angel groups in the province.” Angel One members have made 115 investments into 67 companies of over $27 million. These investments have taken place from December 2011 to June 22, 2018.
About Angel One
Angel One Network Inc. is a member-based, not-for-profit organization of accredited investors who live, work or have strong interests in Mississauga, Oakville, Burlington, Hamilton and other communities in Southern Ontario. Founded in September 2011, its sole purpose is to find quality, early stage companies for its members to consider and invest in. Angel One provides members with opportunities to increase their exposure to quality pre-screened companies seeking capital and gives the Angel investors the opportunity to expand their network of like-minded investors.
Angel One and its members are committed to “Growing the Canadian economy, one deal at a time!”
What are the Pauli Awards?
The Pauli Awards honour the achievements of individuals or companies associated with Angel One Network in three different categories.
- Founder of the Year – Awarded to the founder of the investee company that either raised the largest amount of investment capital, created the most value, or delivered the largest return on investment to investors.
- Funder of the Year – Awarded to the Angel One investor-member most active in terms of investments and direct involvement with their investee companies.
- Contributor of the Year – Awarded to the Angel One member who, through his or her activities, has contributed most to the success of Angel One and/or the angel community in the previous year.
New winners are selected by a committee of the previous year’s winners.
FOUNDER(S) OF THE YEAR
2013: Stefano Plati, Vida Holdings, Mississauga (http://vidafreshair.com/) – Most promising
2014: David Vanheukelom and Patrick McGuire, Vana Workforce, Burlington (https://www.financialforce.com/about/press-center/release/vana-now-part-of-financialforce/) – Successful exit
2015: Chris Houston, SurfEasy, Toronto (https://www.surfeasy.com/) – Successful exit
2016: Bogdan Frusina, Dejero, Waterloo (https://www.dejero.com/) – Value creation
2017: Mike Monteith, Thoughtwire, Toronto (https://www.thoughtwire.com/) – Value creation
2018: Martin Cloake, Raven Telemetry, Ottawa (https://raven.ai/) – Value creation
FUNDER OF THE YEAR
2013: Dan Lawrie, Burlington
2014: Mike Feric, Burlington
2015: Chris Stoate, Oakville
2016: Natalie Townsend, Toronto
2017: Earl Viner, Toronto
2018: Rob Tyler, Milton
CONTRIBUTOR OF THE YEAR
2013: Paul Subject, Burlington
2014: TJ Machado, Toronto
2015: Sanjay Singhal, Mississauga
2016: Blake Laufer, Hamilton
2017: Doug Wyatt, Georgetown
2018: Daniel Kube, Burlington