First Application Period Open Now Through January 17, 2020 via Gust.com
BEND, Ore. – November 12, 2019 – Entrepreneurs seeking investment capital have an opportunity to present their early stage businesses to Cascade Seed Fund with the opening of its first application period running from from November 12, 2019 to January 17, 2020. This is the first of several planned application periods for 2020. Entrepreneurs interested in applying can do so via Gust.
The Fund anticipates investing in 5-8 companies annually. Investments are made in early-stage technology and consumer products companies with those initial investments anticipated to average $250,000 per company.
The Fund’s mission is to create regional opportunities for businesses to drive economic growth, fuel prosperity, and generate a return for investors. Cascade Seed 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 2013 and managed all five predecessor funds to Cascade Seed Fund with over $5 million invested in 30 companies. Pease has over 20 years of experience as an investor, founder, operational executive, and consultant. He joined Julie in the management of Cascade Angels Fund V and serves as a Venture Partner to the previous Cascade Angels Funds.
“ Our goal is to be both accessible and helpful to early stage technology and consumer products companies in Oregon and the Pacific Northwest,” said Robert Pease, Managing Director of 44North Ventures, Fund Manager for Cascade Seed Fund. “Part of this is doing these application periods where every company that applies and meets our published criteria will get a direct conversation with us. We look forward to meeting with more great entrepreneurs as part of this application period.”
About Cascade Seed Fund
Founded in 2014 and investing as Cascade Angels Fund across five funds, we became Cascade Seed Fund in 2019 building on more than five years of early stage investing experience. Today we continue to seek out opportunities to work with amazing entrepreneurs in Oregon and throughout the Pacific Northwest.
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 Funds have invested over $5M in 30 early-stage companies that cumulatively employ over 200 people. For more information, visit www.CascadeSeedFund.com, https://gust.com/organizations/cascade-seed-fund or www.twitter.com/CascadeFund.
Participation in the Cascade Seed 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.