|Second Application Period of 2019 Open Now Through May 17, 2019 via Gust.com|
|BEND, Ore. – April 16, 2019 – Entrepreneurs seeking investment capital have an opportunity to present their early stage businesses to Cascade Angels. Cascade Angels Fund V, LLC (“Cascade Angels Fund V” or the “Fund”) has opened up its first application period for 2019, which runs from April 16-May 17, 2019. Entrepreneurs interested in applying can do so via Gust.The Fund anticipates investing in 5-7 companies in 2019. Typical investments are made in early-stage companies from any industry and investments are anticipated to range from $150,000 to $250,000 per company.Cascade Angels Fund is now investing out of its fifth fund. The Fund’s mission is to create regional opportunities for investors and businesses to drive economic growth and fuel prosperity. The Fund is managed by 44North Ventures, under the leadership of Julie Harrelson and Robert Pease. Harrelson, an entrepreneur, investor and leader in Oregon’s startup community, founded Cascade Angels fund in 2014. Pease has over 20 years of experience as an investor, founder, operational executive, and consultant. In addition to his current role as Fund Manager, he serves as a Venture Partner to the previous Cascade Angels Funds.|
“With over $4 million deployed through 27 investments since 2014, we focus on being both accessible and helpful to early stage companies,” said Robert Pease, Managing Director of 44North Ventures, Fund Manager for Cascade Angels Fund. “We look forward to meeting with more great entrepreneurs from Oregon and the broader Pacific Northwest as part of this application period.”About Cascade Angels FundFounded in 2013, Cascade Angels is a professionally managed, investor-driven collaborative seed fund that creates opportunities for investors and businesses with connections to Oregon to drive economic growth and fuel prosperity. The Fund’s investors include prominent business leaders, exited entrepreneurs and institutional investors who are committed to contributing to a sustainable economy and building Oregon’s entrepreneurial ecosystem. Since 2014, Cascade Angels Funds have invested over $4M in 27 early-stage companies that cumulatively employ over 200 people. For more information, visitwww.CascadeAngels.com, Gust.com/organizations/cascade-angels-fund or www.twitter.com/CascadeFund.
Participation in the Cascade Angel Fund is by referral and invitation only. Angel and venture investments involve a high degree of risk. Participation is limited to “accredited investors,” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended, AND to investors who have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of prospective investments.