The dynamics of venture funds are very much akin to the dynamics of startups. It’s rarely smooth. It’s often a series of fits and starts. And fundraising. And pivoting. Until a fund really hits its stride. But I’m happy to report that Black Founders Matter is beginning to get some early traction and has announced its first investment as part of the funding for A Kids Book About.Read More
“No one wants to be the first one in the pool” is a truism regularly bandied about the venture funded startup circles. That’s because — for companies that choose that equity based financing route — landing that first check can be the most critical component of fundraising. But which venture capital firm or Angel is truly the most likely to be that “first money in” for your company? That’s what TechCrunch is seeking to answer with The TechCrunch List.Read More
If you’re a regular reader of Silicon Florist, you probably have caught on to the fact that I tend to focus on more anecdotal evidence and word of mouth than research driven sorts of things. But I appreciate the researched stuff. And that’s why I am glad that there are real journalists who dig into these sorts of things. Like startup fundraising in Oregon in 2019.Read More
While I’m not one to celebrate fundraising for the sake of fundraising, I’m also one to admit that a growing local company raising a single round of financing that’s north of $50 million is still a bit of a rarity. And therefore, notable, at the very least. So I thought I’d capture the coverage of SheerID’s latest round.Read More
The big news around the Portland startup community today — and likely for some time to follow — surrounded the latest round of funding for Vacasa. Why? Because the size of the round — at $319 million — was unusual. And the valuation for that round catapulted the company into unicorn territory.Read More
When I started in Portland area startups, way back when, a lot of us were located way out in Hillsboro. And then the momentum started to shift to Beaverton. And then suddenly all of the activity seemed to be in Portland proper. But there may be a shift in that momentum with Bigleaf Networks.Read More
It’s no secret that I’m a fan of Darius Monsef. And a lot of that is because I’ve been lucky to watch his efforts and growth over a dozen years or so. And with him now on the third Portland startup that he’s cofounded, I continue to be impressed with the maturity and perspective his significant startup experience — both within Portland and beyond — has wrought.Read More
I’m always a fan of folks who are helping startups. Especially those who recognize the unique challenges of founders. That’s why I’ve been happy to see Women Led working to have a more significant impact on women and the companies they’re leading and building, here in Portland. But in order to do the work they want to do, a nonprofit organization needs funding. That’s why Women Led launched a GoFundMe campaign.
Lately, it seems there’s been an uptick in sizable funding rounds and private equity investments in the state. With 2018 being a record setting and landmark year, in that regard. But in order to get to those multimillion dollar rounds — or liquidity events — companies have to first get out of the gates. And if they’re seeking seed funding in Oregon, that doesn’t seem to be happening at a rate on par with other states. According to Crunchbase.
In the world of equity financing and startups, it’s not rare to see folks adding new board members when they announce funding rounds. Because it’s usually VCs who have invested who are getting those seats. So when Portland startup Sensu announced a new round of funding and new board members, it was a pleasant surprise to see that one of them was an independent, Luke Kanies, founder of Puppet.