Portland Seed Fund

2011

Founded

174

Investments

United States

Offices

Venture Fund

Investor Type

About

Portland Seed Fund (PSF) is a leading early-stage venture capital firm based in Portland, Oregon, with a focus on investments in Portland and the broader Pacific Northwest. Established in 2010, PSF has grown to manage over $40 million across five funds, making it the most active venture capital investor in Oregon. The firm employs a unique strategy of investing relatively small amounts into a diverse array of promising sectors and entrepreneurs, aiming to generate significant economic impact and superior returns for its investors.

Since its inception, PSF has invested in over 200 capital-efficient companies with high growth potential, creating wealth for founders, investors, and the region. The firm has a strong track record of investing in diverse teams, with more than half of its portfolio companies featuring a female or minority founder, and over a third led by female CEOs. Notable exits include Auth0 (acquired by Okta), ESS Inc (NYSE: GWH, IPO), Sightbox (acquired by J&J), and Hubb (acquired by Intrado).

Active portfolio companies include Customer.io, CrowdStreet, Green Canopy NODE, Hemex Health, Hydrolix, Onboard Dynamics, OpConnect, ToolBelt, and TiLT. PSF is currently investing out of Fund IV and the Intrepid Oregon Fund, focusing on sectors such as digital health, healthcare IT, bioscience, medical devices, climate-tech, advanced manufacturing, advanced materials, and natural resources.

Portfolio Companies

Customer.io, CrowdStreet, Green Canopy NODE, Hemex Health, Hydrolix, Onboard Dynamics, OpConnect, ToolBelt, TiLT

Gepgraphic Focus

Portland, Oregon, Pacific Northwest

Key Differentiators

Sector-agnostic investment approach with a focus on tech-enabled companies, Strong commitment to diversity, with over half of portfolio companies having a female or minority founder, "Active involvement in follow-on investments to support portfolio companies growth"

Thypical Investment Size

$50,000 to $100,000

Total Funds Raised

$40 million

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PropTech

FinTech

Consumer

Marketing (MarTech)

Apps

Software

Seed

Series A

Series B

United States