About
Oregon Angel Fund is a community-supported, professionally managed angel investment fund that emerged from the 2007 Angel Oregon event hosted by the Oregon Entrepreneurs Network. That inaugural fund raised $900,000 from 36 investors and has since evolved into one of the Pacific Northwest's most active early-stage investment vehicles. The fund operates as a member-managed entity composed of approximately 180 institutional and angel investors, of whom 85% have founded or run businesses themselves, bringing operational expertise alongside capital. OAF invests in early-stage technology companies and related sectors across Oregon and Southwest Washington, with individual check sizes ranging from $100,000 to $2.5 million. The fund's investment thesis emphasizes both capital provision and hands-on mentorship, with members actively supporting portfolio companies through their networks and experience. Approximately 70% of investments concentrate in technology, while 20% target medical devices, healthcare IT, and related fields. The fund's annual capital raise model and diversified investor base allow it to deploy substantial capital—in 2017 alone, the fund invested $7 million across seven companies, with individual investors committing an additional $6.8 million. Members benefit from privileged deal flow, co-investment opportunities, and syndication across the investor network, while founders gain not only capital but access to seasoned operators and strategic guidance. The fund has directed total investments exceeding $48 million across 56 portfolio companies. In 2018, Oregon Angel Fund transitioned and expanded its institutional offerings, with the Oregon Community Foundation and Oregon Growth Account each committing regular capital annually to support the fund's mission of strengthening Oregon's entrepreneurial ecosystem.