Oregon Venture Fund
Oregon Venture Fund empowers Oregon’s entrepreneurs by providing funding and support to build growth companies, aiming to invest $1B in 200 startups and create 10,000 jobs. They have funded 78 startups, invested $180M, and created 5,500 jobs, with a portfolio market cap of $5.4B.
Services
Oregon Venture Fund provides pre-funding assistance and ongoing support to early-stage entrepreneurs. Their services include recruiting, strategy, best practices, and introductions, as well as our unique 'diligence sprint' for quick funding decisions. They work with companies at any stage, offering a network of 180 investors and Venture Partners across various industries. OVF also promotes reinvestment and offers philanthropic support through its Community Giving Fund at the Oregon Community Foundation.
Investments
Oregon Venture Fund has invested a total of $180M into 78 startups, contributing to an overall portfolio equity of $1.6B and a market cap of $5.4B. Their investments target companies that are driving significant changes in how the world operates, including startups like Wicked Saints Studios, TrovaTrip, Salt & Straw, Wayfinder, Customer.io, Perfect Company, and GlobeSherpa. Their goal is to invest $1B in 200 local startups, creating approximately 10,000 jobs in Oregon.
Portfolio
Oregon Venture Fund has a diverse portfolio including companies such as Wicked Saints Studios, TrovaTrip, Salt & Straw, Wayfinder, Customer.io, Perfect Company, and GlobeSherpa. TrovaTrip offers curated group travel experiences, Salt & Straw specializes in artisanal ice cream, Wayfinder provides SEL and mental health solutions for K12 schools, Customer.io is an automated messaging platform, Perfect Company focuses on connected kitchen technology, and GlobeSherpa offers mobile ticketing for public transit.
Community Impact
Oregon Venture Fund aims to strengthen the broader community by creating 5,500 jobs and providing philanthropic support through the Oregon Community Foundation. They ensure 36% of their portfolio founders are women and 22% are diverse, reinforcing their commitment to diversity and inclusion. OVF encourages successful investors and entrepreneurs to reinvest their returns to support new startups, thus fostering continuous community growth and development.
Founders and Leadership
The Oregon Venture Fund is supported by a diverse group of 180 well-connected investors from nearly every industry. Their diverse team of Venture Partners provides expertise and perspectives across various industries, ensuring comprehensive support to portfolio companies. Their collaborative, local, and open-minded working principles help foster a loyal community of entrepreneurs.