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Month: October 2021

Another local IPO announced… and this one is actually in Portland

Rick Turoczy on October 18, 2021

Lately, there’s been a great deal of breathless media coverage about the recent spate of local initial public offerings. Especially because they’ve come after a lengthy drought for the region, in that regard. But all of these local IPOs have one curious thing in common: none of them were actually Portland companies. Absci is in Vancouver. Dutch Bros is Grants Pass. And ESS is Wilsonville. But now, a Portland tech company promises to truly end the dearth of Portland — and Portland tech — IPOs. Expensify has filed to go public.

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Community kudos: Amanda Oborne, OEN

Rick Turoczy on October 15, 2021

Amanda’s efforts and leadership of Oregon Entrepreneurs Network (OEN) over the past nine months have created incredible opportunities for Oregon-based startups. Her partnerships with Oregon Venture Fund (OVF), Business Oregon, and many other investor and mentor groups have revitalized the Portland startup scene in what has been a challenging year. She doesn’t do what she does for the money (though maybe she should) or the fame, and it shows. We’re all learning a lot from Amanda this year.

Follow Amanda on Twitter.

Have someone you’d like to recognize? Give them the kudos they deserve.

Who in the Portland startup community deserves some recognition?

Rick Turoczy on October 14, 2021

I’ve been doing a lot of reflecting lately. And as part of that reflection, I’m often thinking of folks who have gone out of their way to help me on my journey in the Portland startup community — and beyond. Sometimes, it’s something major. Sometimes, it’s something simple. But each and every effort has helped. And each deserves recognition.

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Trying to resist the punny headline about high valuations: Bend startup Dutchie doubles valuation to $3.75 billion

Rick Turoczy on October 14, 2021

Cannabis has always been big in Oregon. Now, cannabis tech is showing it has similar potential. Like Bend startup — and definitely unicorn — Dutchie, which just raised $350 million, placing its current valuation in the $3.75 billion range.

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A name synonymous with kids books pens a kids book for Portland’s A Kids Company About

Rick Turoczy on October 12, 2021

For many kids, Reading Rainbow was one of the formative television programs that put them on the path to exploring books. And the host of that show, LeVar Burton, was a big part of making them seem accessible. Now, LeVar has written his own kids book A Kids Book About Imagination for Portland startup A Kids Company About.

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Healthy investment: Strategic partnership and $25M Series B accelerate Brave Care expansion plans

Rick Turoczy on October 8, 2021

It wasn’t that long ago that Brave Care was a single clinic in Portland and a scrappy crew of startup types working to reinvent urgent pediatric. Fast forward to today and they’ve got a new infusion of $25 million and a strategic partnership with Pediatrix that promises to take the concept national more efficiently.

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Portland startup Chainstarters launches, tops Product Hunt

Rick Turoczy on October 8, 2021

Part of my morning “reading the paper” routine involves swinging by Product Hunt — founded by Ryan Hoover who grew up in Eugene — on a daily basis to see if anything interesting jumps out at me. And this morning, something definitely did. Because Portland startup Chainstarters was sitting at the top of the list of products for today.

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Time to vote: Portland startup Carry secures $75k grant, in running for crowd favorite

Rick Turoczy on October 7, 2021

It’s always nice to see Portland startups getting recognized outside of Portland. Which is why I was really happy to see that Portland startup Carry was recently awarded a $75,000 grant from the American Heart Association as part of their EmPOWERED to Serve™ startup accelerator program. And now, as part of that program, the company is part of a crowd favorite competition where you have the opportunity to support them as well. Best of all? You get to vote once a day until October 21, 2021.

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