---
title: 'Oregon Venture Fund shares criteria driving investment decisions in software companies by stage'
date: '2021-09-29T08:33:31-07:00'
type: post
word_count: 225
char_count: 1606
tokens: 293
categories:
  - Oregon
  - VC
tags:
  - criteria
  - Investment
  - OAF
  - 'oregon angel fund'
  - 'oregon venture fund'
  - ovf
  - Software
  - stage
---

# Oregon Venture Fund shares criteria driving investment decisions in software companies by stage

For many founders, one of the most difficult parts of fundraising is figuring out who to pitch — and how. And while many funds provide details on their existing portfolio and their thesis, the particulars of how and why they make decisions remains rather opaque. Now, [Oregon Venture Fund is making the effort to provide more transparency in that regard](https://oregonventurefund.com/perspectives/2021/9/16/funding-by-stages).

The following matrix drives OVF software investment decisions.

[![](https://i0.wp.com/siliconflorist.com/wp-content/uploads/2021/09/oregon-venture-fund-software-investment-criteria-by-stage.png?resize=925%2C481&ssl=1)](https://i0.wp.com/siliconflorist.com/wp-content/uploads/2021/09/oregon-venture-fund-software-investment-criteria-by-stage.png?ssl=1)> The characteristics (for example, # of customers) by which a company is viewed by us as investors varies from stage to stage (pre-seed when you are building the product is different from when you are raising to increase revenue from $1m to $5m). We’ve also found that the characteristics for each stage differ depending on the type of company – a Series A company developing a new magical technology is different than one developing a workflow solution – so we need to look at these all differently as well.

Be on the lookout for additional matrices for other verticals in which OVF invests.

For more, see [Oregon Venture Fund’s “Funding by Stages.](https://oregonventurefund.com/perspectives/2021/9/16/funding-by-stages)“