Oregon Venture Fund, established in 2007 and based in Portland, Oregon, is a prominent venture capital firm dedicated to supporting startups and early-stage growth companies primarily located in Oregon and Southwest Washington. The firm invests across a diverse range of sectors, including energy, healthcare, consumer products, technology, and life sciences, among others. It typically commits between $500,000 and $4 million per investment round, with an annual investment of approximately $15 million. Oregon Venture Fund focuses on nurturing innovative businesses that demonstrate high growth potential, aiming to create significant job opportunities within the region. With a portfolio that has led to the creation of over 4,200 jobs, the firm is recognized as one of the most active and effective venture funds in North America.
Source is a commercial construction SaaS platform for commercial designers and architects. The platform offers human intelligence, digital tools, and physical libraries to give architects, designers, reps, and manufacturers in commercial design a better way to discover products and collaborate. It was founded in 2018 and is headquartered in Portland, Oregon by Nicole Schmidt.
Sila
Series A in 2021
Sila Inc. is a technology company that specializes in providing banking and payment solutions through its API designed for software teams. Founded in 2018 and headquartered in Portland, Oregon, Sila offers a comprehensive infrastructure-as-a-service that facilitates the development of financial products and services. Its platform enables users to identify customers, connect bank accounts, and facilitate money transfers using a built-in stablecoin, enhancing the efficiency of financial transactions. Sila's developer-friendly tools and embedded compliance features allow fintech and crypto companies to transition from initial setup to live production with compliant payment solutions in a matter of weeks. By innovating on top of the ACH payment system, Sila addresses the challenges of immediate fund availability and fraud, making it a valuable partner for businesses in the financial sector.
Bumped
Series A in 2020
Bumped, Inc. is a technology company based in Portland, Oregon, that provides a platform enabling publicly traded consumer brands to reward their customers with fractional shares of stock as loyalty rewards. Founded in 2017, Bumped's application allows consumers to convert their everyday spending into stock ownership, thus facilitating a direct relationship between brands and their customers. By partnering with various brands, Bumped offers consumers the opportunity to receive free stock or exchange-traded funds (ETFs) based on their purchases. This innovative approach not only enhances customer loyalty but also democratizes access to the stock market, allowing everyday individuals to become shareholders in the brands they support. Bumped is dedicated to creating mutually beneficial relationships between consumers and businesses, fostering a sense of ownership and engagement.
Sila
Seed Round in 2020
Sila Inc. is a technology company that specializes in providing banking and payment solutions through its API designed for software teams. Founded in 2018 and headquartered in Portland, Oregon, Sila offers a comprehensive infrastructure-as-a-service that facilitates the development of financial products and services. Its platform enables users to identify customers, connect bank accounts, and facilitate money transfers using a built-in stablecoin, enhancing the efficiency of financial transactions. Sila's developer-friendly tools and embedded compliance features allow fintech and crypto companies to transition from initial setup to live production with compliant payment solutions in a matter of weeks. By innovating on top of the ACH payment system, Sila addresses the challenges of immediate fund availability and fraud, making it a valuable partner for businesses in the financial sector.
Qualtik
Seed Round in 2020
Qualtik, Inc. is a company that offers a specialized platform aimed at enhancing the analysis and reporting of commercial real estate loan portfolios. Founded in 2019 and headquartered in Portland, Oregon, with an additional office in Austin, Texas, Qualtik's platform, known as Spark, provides tools for real-time valuation, stress testing, scenario analysis, and reporting on both individual assets and entire portfolios. It enables commercial lenders, including banks, debt funds, and credit unions, to efficiently manage their real estate and collateralized debt portfolios. The platform's advanced filtering capabilities allow users to analyze their loan portfolios and uncover insights, thereby facilitating proactive risk management and strategic decision-making.
Qualtik
Pre Seed Round in 2019
Qualtik, Inc. is a company that offers a specialized platform aimed at enhancing the analysis and reporting of commercial real estate loan portfolios. Founded in 2019 and headquartered in Portland, Oregon, with an additional office in Austin, Texas, Qualtik's platform, known as Spark, provides tools for real-time valuation, stress testing, scenario analysis, and reporting on both individual assets and entire portfolios. It enables commercial lenders, including banks, debt funds, and credit unions, to efficiently manage their real estate and collateralized debt portfolios. The platform's advanced filtering capabilities allow users to analyze their loan portfolios and uncover insights, thereby facilitating proactive risk management and strategic decision-making.
Source
Seed Round in 2019
Source is a commercial construction SaaS platform for commercial designers and architects. The platform offers human intelligence, digital tools, and physical libraries to give architects, designers, reps, and manufacturers in commercial design a better way to discover products and collaborate. It was founded in 2018 and is headquartered in Portland, Oregon by Nicole Schmidt.
Megh Computing
Seed Round in 2018
Megh Computing, Inc. is a technology company that specializes in real-time analytics and artificial intelligence. Founded in 2017 and based in Hillsboro, Oregon, with an additional office in Bengaluru, India, the company offers a platform designed to accelerate applications that process streaming data using machine learning and deep learning algorithms. This platform is particularly beneficial for video analytics, addressing key use cases in the retail supply chain. Additionally, Megh Computing provides a collection of codes for field-programmable gate arrays, allowing developers to integrate these solutions into their applications for enhanced data processing in both data centers and cloud environments. The company's offerings enable effective operational efficiencies, reduce risks, and unlock valuable insights while minimizing costs through cross-platform support.
Bumped
Series A in 2018
Bumped, Inc. is a technology company based in Portland, Oregon, that provides a platform enabling publicly traded consumer brands to reward their customers with fractional shares of stock as loyalty rewards. Founded in 2017, Bumped's application allows consumers to convert their everyday spending into stock ownership, thus facilitating a direct relationship between brands and their customers. By partnering with various brands, Bumped offers consumers the opportunity to receive free stock or exchange-traded funds (ETFs) based on their purchases. This innovative approach not only enhances customer loyalty but also democratizes access to the stock market, allowing everyday individuals to become shareholders in the brands they support. Bumped is dedicated to creating mutually beneficial relationships between consumers and businesses, fostering a sense of ownership and engagement.
Rigado
Series A in 2018
Rigado Inc. is a manufacturer of Bluetooth low energy modules and a provider of edge-as-a-service infrastructure tailored for commercial Internet of Things (IoT) solutions. The company offers a range of products, including Bluetooth connectivity solutions, evaluation boards, and a firmware package for wireless functionality. Rigado's edge computing capabilities are designed to support applications such as asset tracking and smart buildings, featuring flexible wireless gateways and a containerized computing platform. Additionally, Rigado provides comprehensive product development services, including electrical design, RF and wireless engineering, software design, mechanical design, and industrial design. The company serves various sectors, including health and fitness, kiosks, payment systems, and military research. Founded in 2010 and based in Portland, Oregon, Rigado has established strategic partnerships with several industry leaders to enhance its offerings and facilitate large-scale IoT deployments.
Rigado
Seed Round in 2017
Rigado Inc. is a manufacturer of Bluetooth low energy modules and a provider of edge-as-a-service infrastructure tailored for commercial Internet of Things (IoT) solutions. The company offers a range of products, including Bluetooth connectivity solutions, evaluation boards, and a firmware package for wireless functionality. Rigado's edge computing capabilities are designed to support applications such as asset tracking and smart buildings, featuring flexible wireless gateways and a containerized computing platform. Additionally, Rigado provides comprehensive product development services, including electrical design, RF and wireless engineering, software design, mechanical design, and industrial design. The company serves various sectors, including health and fitness, kiosks, payment systems, and military research. Founded in 2010 and based in Portland, Oregon, Rigado has established strategic partnerships with several industry leaders to enhance its offerings and facilitate large-scale IoT deployments.
IOTAS
Series A in 2017
IOTAS, Inc. is a Portland, Oregon-based company that specializes in home automation services specifically designed for apartment residents. Founded in 2014, IOTAS installs a range of smart devices, including outlets, switches, plugs, sensors, and hubs, to create a fully-connected smart home environment. The company offers a comprehensive automation platform that integrates these devices, allowing residents to control and automate lighting and appliances through a single application, voice commands, or scheduled triggers. This technology not only enhances the living experience for residents but also provides property developers with an efficient setup process to attract tenants and reduce utility and management costs. IOTAS aims to transform multifamily units into smart homes, benefiting both residents and property managers.
Outdoor Project
Series A in 2017
Outdoor Project LLC is an online community dedicated to outdoor adventure and travel, offering a comprehensive platform for outdoor enthusiasts. Founded in 2012 and based in Portland, Oregon, the company provides a wealth of resources, including inspiring photos, detailed maps, and curated guides for various human-powered activities such as hiking, camping, kayaking, and more. It aims to modernize adventure planning by replacing outdated guidebooks and scattered resources with an integrated platform that allows users to easily find, plan, and engage in outdoor experiences. Additionally, Outdoor Project enables users to book guides, purchase gear, and share their adventures and feedback with others, creating a vibrant community focused on outdoor exploration. In 2020, Outdoor Project became a subsidiary of onXmaps, Inc., further enhancing its capabilities in the outdoor recreation space.
Polysync
Seed Round in 2016
Founded in 2013, Polysync Technologies builds solutions to help partners safely accelerate their development, testing, production, and market deployment of driverless vehicle mobility solutions. Automotive engineering services, developers, government agencies, and universities around the world rely on Polysync for autonomous software and vehicle development. Polysync's products are in operation in more than 17 countries, with offices in Portland, OR, Palo Alto, CA, Detroit, MI, and Europe.
Poached Jobs
Venture Round in 2016
Poached Jobs, Inc. operates Poachedjobs.com, a specialized job marketplace that connects employers and job seekers in the food and drink industry. Founded in 2011 and based in Portland, Oregon, the platform provides staffing solutions tailored to the needs of owners and hiring managers. It offers tools for employers to manage resumes by allowing them to rate, sort, filter, and make notes, thus streamlining the hiring process. Job seekers can easily sign up, review, and apply for various positions, including both full-time and on-demand shift jobs. Poached Jobs serves a range of major cities, including Portland, San Francisco, New York, and Chicago, enabling employers to quickly fill open positions and reduce turnover costs.
Bright.md
Series A in 2015
Bright.md Inc. is a healthcare technology company based in Portland, Oregon, specializing in software solutions for the diagnosis and treatment of low-acuity conditions. The company offers SmartExam, an AI-driven online care platform that enhances telehealth services for healthcare systems. SmartExam connects patients with physicians to address common health concerns through an asynchronous process, allowing individuals to receive high-quality care from trusted providers via their computers or mobile devices. By partnering with leading healthcare organizations, Bright.md serves over 10 million patients, streamlining access to urgent and primary care while reducing the need for in-person visits. Founded in 2012, Bright.md aims to modernize the patient experience by providing a virtual front door for healthcare services.
Lumen Learning
Seed Round in 2015
Lumen Learning, LLC is dedicated to enhancing education through the provision of open educational resources (OER) and digital course materials. Founded in 2012 and headquartered in Portland, Oregon, the company aims to reduce textbook costs and improve student success for K-12 and higher education institutions. Lumen offers a range of educational solutions, including complete OER-based courses, modules, textbooks, and various teaching tools. Their offerings include interactive learning content, online homework, and personalized feedback, all designed to facilitate effective learning and engagement. By integrating learning design and analytics into their resources, Lumen simplifies the adoption of open content, making it a reliable choice for instructors and students alike. The company's courses span multiple disciplines, including biology, business, economics, and psychology, while also providing degree programs in areas such as business and general education. Through its innovative approach, Lumen Learning seeks to foster improved access and affordability in education.
Bright.md
Seed Round in 2014
Bright.md Inc. is a healthcare technology company based in Portland, Oregon, specializing in software solutions for the diagnosis and treatment of low-acuity conditions. The company offers SmartExam, an AI-driven online care platform that enhances telehealth services for healthcare systems. SmartExam connects patients with physicians to address common health concerns through an asynchronous process, allowing individuals to receive high-quality care from trusted providers via their computers or mobile devices. By partnering with leading healthcare organizations, Bright.md serves over 10 million patients, streamlining access to urgent and primary care while reducing the need for in-person visits. Founded in 2012, Bright.md aims to modernize the patient experience by providing a virtual front door for healthcare services.
OPAL
Series A in 2014
Opal Labs Inc. is a marketing collaboration platform based in Portland, Oregon, founded in 2009. The company provides an online platform that enables organizations to effectively plan, create, view, edit, and approve their brand marketing content. By promoting alignment among marketing teams, Opal facilitates strategic campaign creation, streamlines the review process, and enhances content management, thereby reducing complexity and breaking down silos within organizations. The platform integrates seamlessly with various distribution methods, allowing teams to work together more efficiently and achieve successful marketing outcomes.
Inpria
Venture Round in 2014
Inpria Corporation is a company based in Corvallis, Oregon, that specializes in the design, development, and manufacturing of EUV metal oxide photoresists for the semiconductor industry. Founded in 2007, Inpria is recognized for its innovative approach to extending semiconductor lithography through inorganic photoresists and thin films for nanoscale patterning. The company's patented photo-condensed molecular oxides allow for the direct deposition of atomically smooth and dense metal oxide films from solution, which can be photopatterned for advanced applications. Inpria's photoresists are meticulously designed to meet rigorous industry specifications, addressing key factors such as resolution, sensitivity, and line width roughness, while integrating seamlessly into manufacturing processes. This holistic approach provides customers with a comprehensive solution that includes photoresists, developers, and related materials.
OPAL
Seed Round in 2013
Opal Labs Inc. is a marketing collaboration platform based in Portland, Oregon, founded in 2009. The company provides an online platform that enables organizations to effectively plan, create, view, edit, and approve their brand marketing content. By promoting alignment among marketing teams, Opal facilitates strategic campaign creation, streamlines the review process, and enhances content management, thereby reducing complexity and breaking down silos within organizations. The platform integrates seamlessly with various distribution methods, allowing teams to work together more efficiently and achieve successful marketing outcomes.
Jama Software
Series B in 2013
Jama Software, Inc. is a developer of a requirements management platform that aids organizations in creating complex products and mission-critical software systems. Founded in 2006 and headquartered in Portland, Oregon, with an additional office in Haarlem, the Netherlands, Jama Software offers Jama Connect, a solution designed to streamline the product development lifecycle from idea to launch. The platform enables detailed impact assessments from a single source, enhancing collaboration and reducing errors associated with disparate data sources. It serves various industries, including aerospace and defense, automotive, consumer electronics, enterprise software and services, financial services and insurance, industrial technology, medical devices, and semiconductors. By managing both operational and strategic elements of product development, Jama Software helps organizations improve product quality, mitigate risks, and accelerate their time to market.
GlobeSherpa
Series B in 2013
GlobeSherpa is a Portland, Oregon-based software company specializing in mobile application development for transit agencies and parking management companies. We strive to be the most innovative provider of mobile software and services that enable our clients to improve operations and better serve their customers. Founded in 2010, we provide a secure technology platform for transit service operators interested in moving to open payments, open data, and mobile fare collection with minimal infrastructure investment. Our team is composed of seasoned software engineers, graphic and user experience designers, and project managers. We focus on application development for native and mobile web applications, as well as server side integration and development of enterprise applications for the transit industry. Using these skills, GlobeSherpa helps transit providers integrate their legacy fare and eFare collection efforts and information technology services with a usable, reliable, and beautiful mobile platform that riders will want and use.
Celly
Seed Round in 2013
Celly, Inc. operates a mobile social network known as Celly, which allows users to create public or private social networks easily. The platform is accessible via Android and iPhone apps, as well as through the web, email, and text messaging. Celly primarily serves educational institutions, businesses, families, community groups, and social movements, enabling users to join networks instantly with a text. The platform facilitates communication through group messages, polls, reminders, and web alerts, making it a versatile tool for collaboration and engagement. Founded in 2008, Celly, Inc. is headquartered in Portland, Oregon.
Pacific Light Technologies
Seed Round in 2012
Pacific Light Technologies is a materials company specializing in engineered nanomaterials aimed at enhancing solid-state lighting. Based in the Portland metropolitan area, the early-stage start-up focuses on the production and integration of optical nanomaterials as an alternative to conventional phosphors used in lighting and display applications. By employing on-chip quantum dot products, the company improves LED efficacy, allowing for higher color quality and efficiency in color-converted LEDs. Through its innovative approach, Pacific Light Technologies seeks to advance the performance of consumer lighting products.
The Clymb
Series A in 2011
The Clymb is an online retail platform that specializes in flash sales of premium outdoor apparel, footwear, and gear. Founded in 2009 in Portland, Oregon, by experienced executives from the outdoor and sports industries, The Clymb connects outdoor enthusiasts, athletes, and professionals through a private, invitation-only membership model. Members can access significant discounts, often up to 70% below retail prices, on products from a carefully curated selection of elite brands. This unique shopping experience not only offers substantial savings but also fosters a community where members can invite like-minded individuals. The Clymb aims to enhance product distribution for its core consumers while maintaining the integrity of its partner brands, promoting a healthy and adventurous lifestyle.
AWS Elemental
Seed Round in 2007
AWS Elemental, founded in 2006 and headquartered in Portland, Oregon, specializes in software-defined video solutions for multiscreen content delivery. The company has pioneered software-based video processing, enabling the distribution and monetization of video over IP networks. Its solutions are designed to provide the necessary flexibility, scalability, and performance to transform high-quality video into new revenue streams through cloud-based and virtualized deployment models. Serving over 600 leading media franchises globally, AWS Elemental assists pay TV operators, content programmers, broadcasters, and enterprise customers in delivering video content seamlessly across various devices, including televisions, computers, and mobile devices. The company maintains a presence in multiple countries, including the United States, the United Kingdom, France, Hong Kong, Singapore, Japan, China, Russia, India, and Brazil.
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