The Oregon Angel Fund (OAF) is a subset of the Portland Angel Network. OAF seeks to invest in 4-5 early-stage growth companies each year. Applying companies must be based in Oregon or SW Washington, may operate in any industry, should be seeking $400K to $2M in investment, and offer investors the potential for a venture-type return -- i.e., a 10X return within 5 years. The application and due diligence process is designed to be straightforward, transparent, efficient, and constructive for both the entrepreneur and participating investors.
Unless an entrepreneur requests otherwise, funding applications to OAF (80+ active members) are also shared with members of the Portland Angel Network (an additional 20 members) and the Women's Investment Network (an additional 20 members).
The online application is designed to extract and highlight the most important details about your business in a straightforward and secure manner. Entrepreneurs can post supporting documents throughout the due diligence process, including an executive summary or short business plan (required), a financial plan, presentations, term sheets, investment subscription docs, company updates, customer letters, and anything else that may aid OAF members in their due diligence.
The Oregon Angel Fund prefers equity investments and may lead or follow other venture funds. Typical investment amounts from OAF are $400k to $700k, out of a total financing round of $500k to $2.5M.
An upfront $250 application fee, payable by credit card, is directed to the Oregon Entrepreneurs Network (OEN) to cover OEN's costs associated with hosting the joint OAF/PAN meetings and providing support services for applying entrepreneurs. No other fees are charged.
Oregon Angel Fund Invests In Companies That Have Reached The Following Milestones
Concept Only - $10M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Oregon Angel Fund Invests In Companies With These Funding Needs
Pre-money Valuation: $0 - - Not Entered
Capital Seeking: $400,000 - $2,500,000
Previously Raised: $0 -
Oregon Angel Fund Expects Their Investments To Generate
Expected Revenue By Year 5: - Not Entered
Expected Returns: 10x Investment - 20x Investment
Expected Years to Exit: 3 Years - 8 Years
Expected Years to Break Even: 1 Year - 5 Years
Oregon Angel Fund Investment Portfolio
Last 12 Months
DesignMedix IncSecond Porch Inc.Celilo Group Media, Inc.ClearAccess, Inc.Act-On Software, Inc.Clear Catheter Systems
Previous Investments
SeaPort Air Group, LLCRNA NetworksWicked QuickJama SoftwareRevelationGiftango CorporationDaverci SolutionsLumencorElemental Technologies, Inc.
Group's Activity
Invested in past 12 months: $2,755,000
Average investment size: $458,115
Average days until invested: 259
Member log ins in last 30 days: 278
Active members: 94
New members last 12 months: 22
Average views per deal: 40
Ask to Join as an Investor
Are you an accredited investor? Ask to join Oregon Angel Fund by filling out their Membership Application.