From an angel network in Bend. To a PNW seed fund. With a vision to become something bigger than both of those. Cascade Seed Fund is now Long Way Ventures.
Here’s Managing Partner Robert Pease on why they’re switching things up:
After more than a decade operating under the Cascade name (first as Cascade Angels then as Cascade Seed Fund), our strategy, investments, and opportunities have moved beyond a regional brand. We continue to prioritize investments in the greater Cascade region anchored by the cities of Portland and Seattle but over the last few years have added investments in cities like Nashville, Austin, New York, Los Angeles and beyond. Our current fund is roughly 40% Pacific Northwest and 60% rest of US investments. We are very much guided by opportunity, not geography.
And the “seed” part?
The word “seed” has also grown less relevant to us as a label. The definition keeps shifting increasingly toward a later stage profile of company and larger rounds. We are more frequently part of pre-seed rounds of financing and often as part of the first money into a company.
More than 70 investments. More than 20 cities. First money in, over and over again. (You might also recall that Robert was one of the first people in the Oregon startup community to publicly sound the alarm on the QSBS implications of SB 1507. So you know he pays attention.)
For more, visit Long Way Ventures.
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