Oregon Venture Fund

Oregon Venture Fund
Private Ownership
Industry Venture capital
Founded 2007
Founders Eric Rosenfeld, Robert Ward
Headquarters 760 SW 9th Ave., Suite 2380
Portland, Oregon, United States
Products Venture capital
Total assets $95 million
Number of employees
 7
Website oregonventurefund.com

Oregon Venture Fund (formerly, Oregon Angel Fund), the largest Oregon-based venture capital firm, makes venture investments in the Portland, Oregon area and throughout Oregon and SW Washington. The fund consists of 180 institutional and [1] angel investors, of whom 85% have run or founded a business. The fund evaluates up to 300 business plans per year, selecting five to seven to invest in annually.[2] In 2018, the fund changed its name from Oregon Angel Fund to Oregon Venture Fund and launched a new $30M fund.[3]

Investment strategy

The fund's seed money and early stage venture capital investments range in size from $100k - $2.5M.[4] About 70 percent of investments are in technology. 20 percent are medical devices, health care IT, and related fields. And 10 percent are in other areas such as transportation, advanced materials, and consumer.[5] Some of the 60 companies in Oregon Venture Fund's portfolio include Jama, Elemental Technologies, Brandlive, and Wildfang.

The Oregon Venture Fund also receives annual investment from The Oregon Community Foundation,[6] Meyer Memorial Trust, the State of Oregon, and regional colleges and universities, such as Willamette University and Lewis & Clark College.[7]

Management

Co-founded by Robert Ward and Eric Rosenfeld,[8] the fund is now managed by Eric Rosenfeld, Scott Sandler, Jon Maroney, Julianne Brands, Matt Compton, and Lynn Fletcher.[9]

References

  1. ↑ "Building better angels: Oregon Angel Fund tops its own fundraising goals". Portland Business Journal.
  2. ↑ "What Portland startups need the most — more angels". Portland Business Journal.
  3. ↑ "Oregon Angel Fund Rebrands". Portland Business Journal.
  4. ↑ "Oregon Angel Fund". Crunchbase.
  5. ↑ "Inside the Mind of a Portland Angel Investor". Portland Monthly Magazine.
  6. ↑ "Oregon Community Foundation re-ups with Oregon Angel Fund". The Oregonian.
  7. ↑ "Oregon Angel Fund Targets $8M 2015 Fund". Portland Business Journal.
  8. ↑ "Thriving Oregon Angel Fund records strongest year". Portland Business Journal.
  9. ↑ http://oregonangelfund.com/team


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