The 49th State Angel Fund is a government venture capital fund based in Anchorage, Alaska, established in 2012 through a $13.2 million allocation from the U.S. Treasury's State Small Business Credit Initiative. The fund focuses on making direct and indirect investments in Alaskan businesses, aiming to support high-growth enterprises and promote entrepreneurship and innovation within the state. By partnering with other funds, 49SAF offers a dollar-for-dollar match for investments, combining public and private capital to enhance funding opportunities. Additionally, the fund's managers provide essential managerial and entrepreneurial expertise to their investees, contributing to economic development and job creation for the citizens of Anchorage.
60Hertz Inc is a software company that specializes in developing a computerized maintenance management system (CMMS) tailored for power plant operators and distributed energy resources, including microgrids and large-scale solar and battery storage systems. Founded in 2016 and based in Anchorage, Alaska, the company’s mobile application facilitates daily operations and maintenance tasks by offering features such as preventive and predictive maintenance planning, work order management, and performance visibility for project owners and fleet managers. The software enhances operator efficiency by providing custom maintenance checklists and integrating with monitoring platforms to create smart work orders. Additionally, 60Hertz's application supports offline functionality and allows for the validation of task completion through photo uploads, thus streamlining operations and reducing costs associated with training and diesel consumption.
Alaskan Framing Solutions
Private Equity Round in 2024
Alaskan Framing Solutions is a frames production company based in Anchorage, Alaska, that specializes in manufacturing steel stud and truss frames. Founded in 2021, the company focuses on providing a diverse range of framing solutions for both residential and commercial customers. Alaskan Framing Solutions emphasizes sustainability by using recyclable steel, which helps reduce landfill waste, making their services both affordable and environmentally friendly.
Alaska Wild Harvest
Convertible Note in 2024
Alaska Wild Harvest is a producer of sustainable Alaskan birch syrup, wild berry products and Chaga mushrooms products.
Alaska Wild Harvest
Convertible Note in 2023
Alaska Wild Harvest is a producer of sustainable Alaskan birch syrup, wild berry products and Chaga mushrooms products.
North Star Tutors
Angel Round in 2022
North Star Tutors, founded in 2020 and based in Fairbanks, Alaska, specializes in remote educational tutoring and music lessons for students. The company aims to enhance the educational experience by providing interactive learning opportunities tailored to individual needs. Its services include one-on-one instruction delivered by college students and professionals from various fields, all of whom are background-checked and carefully selected. Through these personalized sessions, North Star Tutors supports students in improving their understanding of diverse subjects and music, contributing to their overall educational journey.
60Hertz
Angel Round in 2022
60Hertz Inc is a software company that specializes in developing a computerized maintenance management system (CMMS) tailored for power plant operators and distributed energy resources, including microgrids and large-scale solar and battery storage systems. Founded in 2016 and based in Anchorage, Alaska, the company’s mobile application facilitates daily operations and maintenance tasks by offering features such as preventive and predictive maintenance planning, work order management, and performance visibility for project owners and fleet managers. The software enhances operator efficiency by providing custom maintenance checklists and integrating with monitoring platforms to create smart work orders. Additionally, 60Hertz's application supports offline functionality and allows for the validation of task completion through photo uploads, thus streamlining operations and reducing costs associated with training and diesel consumption.
Ramper Innovations
Equity Crowdfunding in 2022
Ramper Innovations, founded in 2014 and headquartered in Sitka, Alaska, specializes in providing innovative cargo and baggage handling solutions for the aviation industry. The company has developed a motorized folding conveyor system that addresses the challenges associated with loading and unloading narrow-bodied aircraft. This system is designed to fit into the aircraft's cargo area and mechanically transport baggage and cargo, thereby eliminating the need for ramp agents to manually throw heavy items. By enhancing the efficiency of ground handling operations, Ramper Innovations aims to reduce costs, minimize the time taken for loading and unloading, and decrease the risk of injuries among ramp agents.
Alaskan Framing Solutions
Venture Round in 2022
Alaskan Framing Solutions is a frames production company based in Anchorage, Alaska, that specializes in manufacturing steel stud and truss frames. Founded in 2021, the company focuses on providing a diverse range of framing solutions for both residential and commercial customers. Alaskan Framing Solutions emphasizes sustainability by using recyclable steel, which helps reduce landfill waste, making their services both affordable and environmentally friendly.
North Star Tutors
Angel Round in 2022
North Star Tutors, founded in 2020 and based in Fairbanks, Alaska, specializes in remote educational tutoring and music lessons for students. The company aims to enhance the educational experience by providing interactive learning opportunities tailored to individual needs. Its services include one-on-one instruction delivered by college students and professionals from various fields, all of whom are background-checked and carefully selected. Through these personalized sessions, North Star Tutors supports students in improving their understanding of diverse subjects and music, contributing to their overall educational journey.
60Hertz
Series A in 2021
60Hertz Inc is a software company that specializes in developing a computerized maintenance management system (CMMS) tailored for power plant operators and distributed energy resources, including microgrids and large-scale solar and battery storage systems. Founded in 2016 and based in Anchorage, Alaska, the company’s mobile application facilitates daily operations and maintenance tasks by offering features such as preventive and predictive maintenance planning, work order management, and performance visibility for project owners and fleet managers. The software enhances operator efficiency by providing custom maintenance checklists and integrating with monitoring platforms to create smart work orders. Additionally, 60Hertz's application supports offline functionality and allows for the validation of task completion through photo uploads, thus streamlining operations and reducing costs associated with training and diesel consumption.
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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