49th State Angel Fund

The 49th State Angel Fund is an investment fund that indirectly invests in Alaskan businesses. Started in 2012 by a $13.2 million allocation from US Department of Treasury's State Small Business Credit Initiative, 49SAF is a venture capital function run by the Municipality of Anchorage. They work with Partner Funds to provide a dollar for dollar, private to public funding match for investments. Fund managers in turn provide managerial and entrepreneurial expertise to their investees, creating economic benefit for the citizens of Anchorage.

9 past transactions

Ramper Innovations

Equity Crowdfunding in 2022
Ramper Innovations is an aviation company that provides optimal cargo and baggage handling solutions. They aim to reduce ramp agent injuries. Ramper Innovations is headquartered in Sitka, Alaska and was founded in 2014.

Remora

Angel Round in 2022
Remora is an application that allows air carriers and users to easily coordinate cargo shipments. The company was founded in 2020.

North Star Tutors

Angel Round in 2022
North Star Tutors is a provider of class remote educational tutoring and music lessons for students. The company also provides local students with one-on-one instruction to support their educational journey. North Star Tutors was founded in 2020 and is based in Fairbanks, Alaska.

Kartorium

Angel Round in 2021
Kartorium (formerly Karta Solutions) provides a customizable 3D training tool for non-technical workers in heavy industries, allowing employers to provide training digitally, efficiently, and safely. The platform combines maps, 3D models, 360° images, videos, document attachments, and annotations into a virtual sandbox for any operating environment, complete with guided and interactive training tours.

60Hertz Energy

Series A in 2021
60Hertz Energy is a Computerized Maintenance Management System software for Distributed Energy Resources, from microgrids to fleets of megawatt scale solar and battery energy storage systems. The company's software cues operators with custom, preventative maintenance checklists, ability to schedule corrective work, and coordinate all with Standard Operating Procedures. Differentiators include an off-line first mobile app; integration with monitoring platforms to create smart work orders; and condition-based maintenance and analytics. 60Hertz enables maintainers to achieve their full potential, and assets' achieve their full useful life.

Fractal OnCall Solutions

Convertible Note in 2013
Fractal OnCall Solutions, an Alaskan LLC was formed in April 2013, (successor company to Fractal Medical Solutions Corp founded May 2011) and is focused on the Physician to Physician consultation communication market place with a product it has developed for the iPHONE and iPAD called CallDR™. CallDR™ is a multi-media consultation and secure messaging system for mobile telemedicine. It is unique in that it provides workflow for the emergency department or large clinic where on call specialists are needed to be consulted for treatment or to make decisions on patient transport or coming in to assist or for surgery and runs exclusively on Apple mobile product line and database technology.
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