# Oregon Venture Fund: portfolio, investments and team

> Oregon Venture Fund is a vc firm based in United States. 42 investments on record, 7 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/oregon-venture-fund (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Oregon Venture Fund

Last cheque observed Oct 2026; 42 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Collaboration

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Deploying now

**70%** of best year **7** **cheques in 12 months**, 42 on record

Since the last cheque **16** days **00** hrs **00** min **00** sec

Median round **$6.3M** Cheque size, as they say **$500K – $5.0M** Rounds led **1 of 42** Sole investor **3 rounds** Exits **1 from the portfolio** Mostly in **United States, 89%**

Pitch Oregon Venture Fund

## Oregon Venture Fund highlights

- 01 7 cheques in the last 12 months
- 02 Mostly Venture and Seed: 65% of its rounds
- 03 Sole investor in 3 rounds, median $2.0M
- 04 1 exits from the portfolio

## What they do

> Investing Locally. Scaling Globally. Empowering Our Region’s Trailblazing Entrepreneurs From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Collaboration
- **Based in:** Portland, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **42 appearances**

- **2026** 4 rounds
- **Oct** **[Mueon Corp.](https://millionrounds.com/company/mueon-corp)** Series A · US · Pulse 2.0 **$65M** With 8 others
- **Sept** **[NLM Photonics](https://millionrounds.com/company/nlm-photonics)** Venture · US **Undisclosed** With 3 others
- **Jun** **[Platformr](https://millionrounds.com/company/platformr)** Venture · US **Undisclosed** With 1 other
- **Jan** **[Honey Mama's](https://millionrounds.com/company/honey-mama-s)** Venture · US **$3.7M** Sole investor
- **2025** 9 rounds
- **Dec** **[Kivo](https://millionrounds.com/company/kivo)** Venture · US **$5.1M** With 1 other
- **Nov** **[AiStrike](https://millionrounds.com/company/aistrike)** Seed · US **$7.0M** With 1 other
- **Nov** **[Digs](https://millionrounds.com/company/digs)** Seed · US **$5.0M** With 5 others
- **Oct** **[Huckleberry](https://millionrounds.com/company/huckleberry)** Pre-seed · NZ · Startup Daily **$1.2M** *Led*
- **Oct** **[ConductorOne](https://millionrounds.com/company/conductorone)** Series B · US **$79M** With 5 others
- **Sept** **[Mueon](https://millionrounds.com/company/mueon)** Seed · US **$16M** With 2 others
- **Jun** **[Conveyor](https://millionrounds.com/company/conveyor)** Series B · US **$20M** With 4 others
- **Apr** **[Hydrolix](https://millionrounds.com/company/hydrolix)** Series C · US · QED Investors **$80M** With 4 others
- **Apr** **[InVivo Biosystems](https://millionrounds.com/company/invivo-biosystems)** Venture · US **Undisclosed** With 3 others
- **2024** 2 rounds
- **Oct** **[Distributional](https://millionrounds.com/company/distributional)** Series A · US · TechCrunch **$19M** With 6 others
- **Aug** **[Platformr](https://millionrounds.com/company/platformr)** Seed · US **$2.5M** With 1 other
- **2023** 5 rounds
- **Dec** **[Wayfinder](https://millionrounds.com/company/wayfinder)** Venture · US **Undisclosed** With 2 others
- **Oct** **[Bigleaf Networks](https://millionrounds.com/company/bigleaf-networks)** Venture · US **$10M** With 2 others
- **Sept** **[Wicked Saints Studios](https://millionrounds.com/company/wicked-saints-studios)** Seed · US **$3.5M** With 2 others
- **Jul** **[Source](https://millionrounds.com/company/source)** Series A · FR **$8.5M** With 1 other
- **Jun** **[Megh Computing](https://millionrounds.com/company/megh-computing)** Venture · US **$250K** With 3 others
- **2022** 4 rounds
- **Sept** **[TrovaTrip](https://millionrounds.com/company/trovatrip)** Series A · US **$15M** With 4 others
- **Aug** **[Rigado](https://millionrounds.com/company/rigado)** Venture · US **$3.7M** With 2 others
- **Apr** **[Lumen Learning](https://millionrounds.com/company/lumen-learning)** Venture · US **Undisclosed** With 2 others
- **Jan** **[Poached Jobs](https://millionrounds.com/company/poached-jobs)** Venture · US **Undisclosed** With 2 others
- **2021** 4 rounds
- **Sept** **[Qualtik](https://millionrounds.com/company/qualtik)** Seed · US **$2.3M** With 2 others
- **Aug** **[Clickety](https://millionrounds.com/company/clickety)** Seed · US **$2.0M** With 2 others
- **Jul** **[SILA](https://millionrounds.com/company/sila)** Series A · MX **$13M** With 5 others
- **May** **[The Wild](https://millionrounds.com/company/the-wild)** Venture **$2.0M** With 2 others
- **2019** 1 round
- **Jul** **[Polysync](https://millionrounds.com/company/polysync)** Seed **$1.0M** With 2 others
- **2018** 7 rounds
- **Oct** **[hubb](https://millionrounds.com/company/hubb)** Series B · US · FinSMEs **$6.3M** With 5 others
- **Aug** **[Muut](https://millionrounds.com/company/muut)** Venture **Undisclosed** With 1 other
- **Aug** **[Rumpl](https://millionrounds.com/company/rumpl)** Venture **$3.8M** With 1 other
- **Jun** **[Bumped](https://millionrounds.com/company/bumped)** Series A · US · Pehub **$14M** With 2 others
- **Jun** **[Rigado](https://millionrounds.com/company/rigado)** Series A · US · FinSMEs **$15M** With 3 others
- **May** **[AbSci](https://millionrounds.com/company/absci)** Series C · CA · FinSMEs **$12M** With 5 others
- **Mar** **[Streem](https://millionrounds.com/company/streem)** US · FinSMEs **$2.0M** With 5 others
- **2016** 1 round
- **Jan** **[Veelo](https://millionrounds.com/company/veelo)** Venture **Undisclosed** Sole investor
- **2015** 2 rounds
- **Jun** **[MobileRQ](https://millionrounds.com/company/mobilerq)** Debt · US **$805K** With 1 other
- **Feb** **[Little Bird](https://millionrounds.com/company/littlebird)** Venture · US **$626K** With 3 others
- **2014** 1 round
- **Nov** **[Pacific Light Technologies](https://millionrounds.com/company/pacific-light-technologies)** Venture · US **$325K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

EJ **Eric Joseph Rosenfeld** Managing Member i Form ADV

JS **Jonathan Scott Maroney** Connecting and Cultivating i Form ADV

LM **Lynn Marie Fletcher** Operations i Form ADV

MC **Matthew Clark Compton** Portfolio Support i Form ADV

We also hold **10** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$185M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Capybara Management, LLC
- **SEC number:** CRD 284209

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Max-Viz](https://millionrounds.com/company/max-viz)** Bought by Astronics **Undisclosed** Jul 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Pre-seed Seed Series A

Median round joined **$6.3M** the round, not its cheque Alone, median **$2.0M**

Led 1 of 42 rounds **2%**

- **Said size:** $500K – $5.0M
- **Sole investor:** 3 rounds
- **Last cheque:** Oct 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Venture *17*
- Seed said *9*
- Series A said *8*
- Series B said *3*
- Series C *2*
- Pre-seed said *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) 12
- [Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund) 10
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 3
- [Elevate Capital](https://millionrounds.com/fund/elevate-capital) 3
- [Madrona Venture Group](https://millionrounds.com/fund/madrona) 3
- [Betaworks](https://millionrounds.com/fund/betaworks) 2

**Pitching Oregon Venture Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Oregon Venture Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Portland Seed Fund** VC firm **12** rounds together](https://millionrounds.com/fund/portland-seed-fund)[**Cascade Seed Fund** VC firm **10** rounds together](https://millionrounds.com/fund/cascade-seed-fund)[**Alumni Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Elevate Capital** Private equity **3** rounds together](https://millionrounds.com/fund/elevate-capital)[**Madrona Venture Group** VC firm **3** rounds together](https://millionrounds.com/fund/madrona)[**Betaworks** VC firm **2** rounds together](https://millionrounds.com/fund/betaworks)[**Flying Fish Partners** VC firm **2** rounds together](https://millionrounds.com/fund/flying-fish-partners)[**Geodesic Capital** VC firm **2** rounds together](https://millionrounds.com/fund/geodesic-capital)[**Intel Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/intel-capital)[**Operator Collective** VC firm **2** rounds together](https://millionrounds.com/fund/operator-collective)[**Oregon Venture Fund** VC firm **2** rounds together](https://millionrounds.com/fund/oregon-angel-fund)[**Revolution** VC firm **2** rounds together](https://millionrounds.com/fund/revolution)

## Recently backed

The latest companies Oregon Venture Fund put money into.

[**NLM Photonics** Sept 2026](https://millionrounds.com/company/nlm-photonics)[**Platformr** Jun 2026](https://millionrounds.com/company/platformr)[**Honey Mama's** $3.7M · Jan 2026](https://millionrounds.com/company/honey-mama-s)[**Kivo** $5.1M · Dec 2025](https://millionrounds.com/company/kivo)[**AiStrike** $7.0M · Nov 2025](https://millionrounds.com/company/aistrike)[**Digs** $5.0M · Nov 2025](https://millionrounds.com/company/digs)

## Quick answers about Oregon Venture Fund

### What does Oregon Venture Fund invest in?

Oregon Venture Fund invests most often at Venture and Seed (65% of the rounds on record), in sectors such as AI & Machine Learning, Artificial Intelligence & Machine Learning (AI/ML) and Collaboration.

### How active is Oregon Venture Fund?

42 investments on record, 7 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Oregon Venture Fund invested in recently?

Its most recent investments on record: Mueon Corp. (Series A, Oct 2026), NLM Photonics (Venture, Sept 2026) and Platformr (Venture, Jun 2026).

### How big are Oregon Venture Fund's cheques?

The median round it joins is $6.3M. It says it writes cheques of $500K to $5.0M.

### Does Oregon Venture Fund lead rounds?

Sometimes: it led 1 of its 42 investments on record (2%).

### Where does Oregon Venture Fund invest?

Most of the companies it backs are in the United States (89%).

### Is Oregon Venture Fund investing now?

Yes: it is actively investing, with 7 investments in the last 12 months.

### Who does Oregon Venture Fund invest alongside?

Most often Portland Seed Fund (12 rounds together), Cascade Seed Fund (10 rounds together) and Alumni Ventures (3 rounds together).

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