Cascade Angels seek applicants for investment

CA

Entrepreneurs, startups and small business people across Oregon: Bend-based angel fund Cascade Angels is now seeking applications from launch-stage companies for investment.

The application is available on gust.com, and the deadline to apply is Feb. 17. Applicants must be in the launch stage of business (i.e. have a product and revenue) and must be based in Oregon. All industries are welcome, and investments are anticipated to average between $50,000 and $250,000.

“We hope to provide patient capital to entrepreneurs with Oregon-based companies, generate returns and create jobs,” said Julie Harrelson, CEO of the Harrelson Group, which manages the Cascade Angels fund.

The fund anticipates more application rounds in the coming months and investing in between one and six companies this year. Cascade Angels funds have invested nearly $1 million in Oregon since 2014, with a portfolio that includes Amplion Research, Droplr, LeadMethod, Lumen Learning, Manzama, NemaMetrix and Scratch-it.

The 2016 fund is the third year-round fund based in Central Oregon and managed by the Harrelson Group, and is sponsored by US Bank, Jones & Roth and Karnopp Peterson LLP.

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