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 | $50 million |
Website | oregonangelfund |
Oregon Angel Fund (OAF), 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 angel investors, of whom 85% have run or founded a business. OAF evaluates up to 300 business plans per year, selecting five to seven to invest in annually.
The fund's seed money and early stage venture capital investments range in size from $100k - $2.5M. 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. Companies in Oregon Angel Fund's portfolio include Jama, Elemental Technologies, Brandlive, and Wildfang.
The Oregon Angel Fund also receives annual investment from The Oregon Community Foundation,Meyer Memorial Trust, the State of Oregon, and regional colleges and universities, such as Willamette University and Lewis & Clark College.
Co-founded by Robert Ward and Eric Rosenfeld, a venture partner of DFJ Frontier, the fund is now managed by Eric Rosenfeld, Scott Sandler, Jon Maroney, Julianne Brands, and Lynn Fletcher.