About OAF

The Oregon Angel Fund (OAF) is a highly structured, professionally managed, investor-driven angel fund. The fund provides accredited investors privileged access to the most promising startups and early-stage growth companies in Oregon and SW Washington. Investors in OAF have the option of receiving memberships in the Portland Angel Network (PAN) and/or, the Oregon Entrepreneurs Network (OEN).

OAF launches a new $3M+ fund each spring. Each annual fund aims to place 4-5 investments over a 12-month active investing period, followed by another 10 years of fund life to grow and exit each portfolio. The fund typically invests $400k-$600k per deal with individual OAF members and venture capitalists investing alongside and after OAF.

OAF was created by OEN in 2007 to encourage veteran and new angel investors to hone their investing skills, with the aim of increasing the number of active angel investors and funded startups in Oregon. Each fund's one-year investment horizon is designed to encourage decision-making, diversification, and learning, as well as to further position OAF as the most-active, local venue for funding startups. The 60+ active OAF investors collaborate on due diligence and use a highly participatory, democratic process to select investments.

Managed by Capybara Management, the fund is sponsored by OEN, Ater Wynne LLP, Geffen Mesher & Co., Perkins Coie LLP, and Umpqua Bank. The Oregon Growth Account is a non-voting investor in OAF and proceeds from its investment support public schools in Oregon.