Portland is a hub for startups and its ecosystem continues to flourish. It has always been a great place for small businesses. But the research and development done in Portland has led to many innovations, including the fact that Portland is not just great at innovation, but generating large ventures which have grown into billion-dollar companies.
Top Venture Capital Firms in Portland
1. Oregon Venture Fund
Founded in 2007, the Oregon Venture Fund is the largest and most active venture fund focused on supporting startups and growth companies with a presence in Oregon and SW Washington. The fund has invested over $120 million and is backed by the leaders of Oregon’s business, technology, and entrepreneurial communities. Consistently one of the top performing venture funds in North America, OVF invests $15 million annually in the most promising startups and growth companies in Oregon and SW Washington. Over 4,200 jobs have been created by the 75 companies in the portfolio. OVF’s largest investors include the State of Oregon, Oregon Community Foundation, and Meyer Memorial Trust.
OVF invests $500K to $3M per round and can allocate up to $10M for each portfolio company. The fund is stage and sector agnostic.
Total fund size: $11M
Oregon Venture Fund's most notable exits include Absci, The Wild, and IOTAS
Ideaship, a venture services affiliate of GTT Group, is equity-based patent development capital for early-stage ventures. Ideaship’s patent capital fund provides patent asset development services including virtual patent department and patent business banking along with subject matter expertise, external patent counsel funding, and fund raising support.
Founded in 2017, Ideaship is headquartered in Portland, Oregon, making investments within North America.
Ideaship's most notable exits include The Wild, Gadusol Laboratories, and Auxbus.
Women's Venture Capital Fund invests in early stage companies which have raised angel capital, developed their core technology and are demonstrating bona fide market traction. The Fund capitalizes on the expanding pipeline of women entrepreneurs leading gender diverse teams and creating capital efficient, high growth companies.
WomensVCFund's most notable exits include Nvoicepay, EdSurge, and Decorist.
4. Color Capital
Color Capital is an early-stage consumer fund participating primarily in early and seed-stage financing of consumer-facing companies. It specializes in the fields of financial services, venture capital, and private equity. It was founded in 2018 and headquartered in Portland, Oregon.
5. Reference Capital
Reference Capital is a privately held advisory firm dedicated to researching and investing in disruptive technologies which will transform the world we live in. Our team is composed of seasoned VC investors and family office managers primarily based in Geneva, Switzerland with presence in London, New York, Seattle, Tel Aviv, and Dubai. Reference Capital has built the ecosystem needed to find, track and access best-in-class Venture Funds that will drive outperformance for our clients. We provide investment advisory services to institutional investors, including some of the most influential industrial families, foundations, pensions, private clients, corporate and government entities. Our mission is to provide our clients unparalleled access to the most coveted investment opportunities in venture capital, with meaningful exposure to the emerging generation of technology leaders.
Reference Capital's most notable exits include Agilyx and RNA Networks.
6. 3×5 Partners
3×5 Partners is a venture capital firm that focuses on innovations in the life science and resource-driven sectors. It identifies companies that reduce and evolve the consumption of the planet’s limited resources, including energy, food, waste, water, and other natural resources. It seeks opportunities in the life-science sector to improve patient outcomes by developing innovations in biopharma and medical devices. It believes that these solution leaders will become some of the most valuable companies in the future.
The firm was founded in 2011 and is headquartered in Portland, Oregon.
3×5 Partners's most notable exits include Allakos and Amplyx Pharmaceuticals.