December 16th, 2009

Second Porch secures Oregon Angel Fund commitment


Second Porch secures Oregon Angel Fund commitment

It’s the holiday season. And that means all the good startups are getting a little something extra in their stockings. So be good and you might be as lucky as Second Porch—the Portland-based Facebook app that helps vacation home owners market properties to friends and acquaintances—who recently heard that the Oregon Angel Fund had selected the startup to receive angel funding to the tune of $650,000—so long as they meet the requirements of OAF.

Mike Rogoway at The Oregonian caught up with Second Porch to talk about the good news.

Second Porch links people up with rental properties via Facebook. I talked this morning with Second Porch President Brent Hieggelke, who said the company is going to use the investment to expand beyond Facebook and ramp up its marketing to property owners.

“What we need to do is just get the awareness out there,” Brent said.

It’s always good to see Portland area startups secure funding. It’s even better to see it happen when State resources are being used to further our economy.

I can’t wait to see where Second Porch goes from here.

For more information on the fund, visit Oregon Angel Fund. For more information on Second Porch, visit the Second Porch site.

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8 Responses to “Second Porch secures Oregon Angel Fund commitment”

  1. Rick,
    Thanks for the nice note. We really appreciate what you so for the Portland start-up community. We are very excited that the members of the Oregon Angel Fund voted to support what we are doing with Second Porch. It’s nice to see that others like the idea of finding trusted places to rent or trade though friends and friends of friends. We see a constant stream of issues in the industry and they are almost always caused by the simple issue that renting your home to or from complete strangers can be difficult.

    I want to say that our experience with the Oregon Angel Fund management team and the due diligence team that worked on us, was very respectful, insightful, and a pleasure overall. I recommend the process to any other entrepreneur that is seeking angel investment. It’s not easy, but they make you think quite a bit about your business, which is very healthy.
    -Brent

  2. Ray says:

    Congrats to Brent and Kerry on this well deserved vote of confidence!

  3. [...] week on memePDX, Cami Kaos and I discuss Second Porch getting funding, Crazy Neighbor, Microsoft patent infringement, NORAD Santa Tracker, and 30 hour [...]

  4. [...] we saw companies garner funding—even pure Facebook plays like Second Porch. And we saw the City of Portland stumble with the creative community only to rebound in grand [...]

  5. [...] week on memePDX, Cami Kaos and I discuss Second Porch getting funding, Crazy Neighbor, Microsoft patent infringement, NORAD Santa Tracker, and 30 hour [...]

  6. [...] Second Porch secures Oregon Angel Fund commitment [...]

  7. [...] we saw companies garner funding—even pure Facebook plays like Second Porch. And we saw the City of Portland stumble with the creative community only to rebound in grand [...]

  8. [...] commitment for the funding was announced in late 2009. At the time, the Oregon Angel Fund had committed to invest $650,000 in Second Porce, given that Second Porch met certain requirements. Being able to fill out the round to a $1 [...]


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