Thank you for considering the Oregon Angel Fund for your financing needs!
The Oregon Angel Fund (OAF) seeks to invest in 4-5 early-stage growth companies each year. The next application deadline is May 22, 2012.
Criteria for applying companies: • Must be based in Oregon or SW Washington • May operate in any industry • Should be seeking $500K to $3M in investment • Should offer potential for a venture-type return -- i.e., 10X within 5 years
Ideal applicants have: • Developed their product/service beyond the concept stage • “Skin in the game” in the form of sweat equity and money from founders, family, and friends • Founding teams with relevant demonstrated success
First-time founders and companies at the concept stage or with little invested to date may still apply – they should simply expect the bar to be higher for the company to receive funding.
An upfront $250 application fee, payable by credit card, is directed to the Oregon Entrepreneurs Network (OEN) to cover OEN's costs providing support services for applying entrepreneurs. No other fees are charged (e.g., no presentation fees).
When you apply to OAF you are also applying to the Portland Angel Network (PAN), an affiliated organization of individual angel investors that is also part of OEN. PAN members often co-invest when OAF makes an investment; PAN members also invest in companies not selected for investment by OAF. All applicants are entitled to a complimentary OEN Business Plan Review or Investor Presentation Review - call 503-222-2270 to schedule.
The application and due diligence process is designed to be straightforward, transparent, efficient, and constructive for both the entrepreneur and participating investors. You may update your application and your uploaded materials at any time.
The online application is designed to capture the most important details about each business in a straightforward and secure manner. A short business plan is required; entrepreneurs can post additional supporting documents throughout the due diligence process, including an executive summary, 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. It may lead or follow other venture funds. Typical investment amounts are $500k to $750k as part of financing rounds of $500k to $3.0M.
We hope you will apply to OAF if your business seems like a good fit of our fund. If you're not sure, please contact us - we are always happy to discuss business with entrepreneurs! Contact Scott Sandler, Fund Manager, at 503-727-2052 or email scott at our domain.
Oregon Angel Fund Invests In Companies That Have Reached The Following Milestones
Product In Development - $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: USD0 - - Not Entered
Capital Seeking: USD500,000 - USD3,000,000
Previously Raised: USD0 -
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
Pacific Light TechnologiesDIABETOMICS, INCLux Bio GroupCrowdCompassMeridian
Previous Investments
RNA NetworksCelilo Group Media, Inc.Giftango CorporationColumbia Power TechnologiesSecond Porch Inc.DesignMedix IncCollaborative Software Initiative, Inc.SeaPort Air Group, LLCClear Catheter SystemsClearAccess, Inc.RevelationWicked QuickJama SoftwareThe ClymbElemental Technologies, Inc.Daverci SolutionsLumencor
Group's Activity
Invested in past 12 months: $2,515,000
Average investment size: $522,931
Average days until invested: 236
Member log ins in last 30 days: 676
Active members: 114
New members last 12 months: 36
Average views per deal: 30
Ask to Join as an Investor
Are you an accredited investor? Ask to join Oregon Angel Fund by filling out their Membership Application.