# Portland Seed Fund: portfolio, investments and team

> Portland Seed Fund is a vc firm based in United States. 155 investments on record, 9 in the last 12 months, latest Sept 2026.

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

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

# Portland Seed Fund

Last cheque observed Sep 2026; 155 cheques on record.

Email

Deploying now VC firm

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

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Deploying now

**69%** of best year **9** **cheques in 12 months**, 155 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$4.9M** Rounds led **0 of 155** Sole investor **64 rounds** Exits **6 from the portfolio** Mostly in **United States, 100%**

Pitch Portland Seed Fund

## Portland Seed Fund highlights

- 01 9 cheques in the last 12 months
- 02 Mostly Seed and Venture: 80% of its rounds
- 03 Sole investor in 64 rounds, median $25K
- 04 6 exits from the portfolio

## What they do

> Portland Seed Fund is a top-performing early-stage venture fund From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** AI & Machine Learning Apps Artificial Intelligence & Machine Learning (AI/ML)
- **Based in:** Portland, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **155 appearances**

- **2026** 6 rounds
- **Sept** **[Rapta](https://millionrounds.com/company/rapta)** Venture · US **$8.0M** With 2 others
- **May** **[Panthalassa](https://millionrounds.com/company/panthalassa)** Growth · US · TechStartups **$140M** With 26 others
- **Apr** **[GetWhys](https://millionrounds.com/company/getwhys)** Seed · US · Crunchbase News **$5.2M** With 5 others
- **Jan** **[Overwatch Imaging](https://millionrounds.com/company/overwatch-imaging)** Venture · US **$500K** With 3 others
- **Jan** **[ESS](https://millionrounds.com/company/ess)** US **$15M** With 2 others
- **Jan** **[Enduring Planet](https://millionrounds.com/company/enduring-planet)** Venture · US **Undisclosed** With 2 others
- **2025** 10 rounds
- **Dec** **[Argent](https://millionrounds.com/company/argent)** Series B · US **$8.5M** With 2 others
- **Nov** **[AscendArc](https://millionrounds.com/company/ascendarc)** Seed · US **$81K** With 4 others
- **Nov** **[Digs](https://millionrounds.com/company/digs)** Seed · US **$5.0M** With 5 others
- **Oct** **[Caravel Bio](https://millionrounds.com/company/caravel-bio)** Grant · US **$7.8M** With 3 others
- **Aug** **[Backpack Healthcare](https://millionrounds.com/company/backpack-healthcare)** Grant · US **$3.0M** With 3 others
- **Jul** **[SurgiVance Inc.](https://millionrounds.com/company/surgivance-inc)** Grant · US **$2.2M** Sole investor
- **Jul** **[HerdDogg](https://millionrounds.com/company/herddogg)** Venture · US **$1.3M** With 4 others
- **Apr** **[InVivo Biosystems](https://millionrounds.com/company/invivo-biosystems)** Venture · US **Undisclosed** With 3 others
- **Apr** **[Reperio Health](https://millionrounds.com/company/reperio-health)** Venture · US **$14M** With 1 other
- **Mar** **[mpathic.ai](https://millionrounds.com/company/mpathic-ai)** Venture · US **$8.1M** With 2 others
- **2024** 7 rounds
- **Sept** **[ICON](https://millionrounds.com/company/icon)** Seed · US **$9.2M** With 3 others
- **Sept** **[OpConnect](https://millionrounds.com/company/opconnect)** Venture · US **$5.3M** With 1 other
- **Aug** **[Photon](https://millionrounds.com/company/photon)** Seed · US **$9.0M** With 7 others
- **May** **[Backpack Healthcare](https://millionrounds.com/company/backpack-healthcare)** Series A · US · Firms' own news pages **$14M** With 11 others
- **Apr** **[Trace](https://millionrounds.com/company/trace)** Pre-seed · US **$2.0M** With 2 others
- **Mar** **[Minnow Technologies](https://millionrounds.com/company/minnow-technologies)** Venture · US **$2.7M** With 4 others
- **Jan** **[InVivo Biosystems](https://millionrounds.com/company/invivo-biosystems)** US · Firms' own news pages **$3.0M** With 3 others
- **2023** 10 rounds
- **Dec** **[ToolBelt](https://millionrounds.com/company/toolbelt)** Venture · US **$3.2M** With 4 others
- **Dec** **[The Dyrt](https://millionrounds.com/company/the-dyrt)** Venture · US **$774K** With 1 other
- **Oct** **[Bigleaf Networks](https://millionrounds.com/company/bigleaf-networks)** Venture · US **$10M** With 2 others
- **Jun** **[Megh Computing](https://millionrounds.com/company/megh-computing)** Venture · US **$250K** With 3 others
- **Mar** **[Hemex Health](https://millionrounds.com/company/hemex-health)** Grant · US **$3.0M** With 3 others
- **Mar** **[HILOS](https://millionrounds.com/company/hilos)** Seed · US **$5.0M** With 4 others
- **Mar** **[OROS](https://millionrounds.com/company/oros)** Venture · US **$30M** With 4 others
- **Mar** **[Enduring Planet](https://millionrounds.com/company/enduring-planet)** Venture · US **Undisclosed** With 2 others
- **Jan** **[Tribute](https://millionrounds.com/company/tribute)** Venture · US **Undisclosed** With 3 others
- **Jan** **[2Morrow](https://millionrounds.com/company/2morrow)** Grant · US **$1.9M** Sole investor
- **2022** 6 rounds
- **Dec** **[Madorra](https://millionrounds.com/company/madorra)** Venture · US **Undisclosed** With 3 others
- **Oct** **[Crowd Street](https://millionrounds.com/company/crowdstreet)** Series C · US **$43M** With 1 other
- **Sept** **[TrovaTrip](https://millionrounds.com/company/trovatrip)** Series A · US **$15M** With 4 others
- **Apr** **[Lumen Learning](https://millionrounds.com/company/lumen-learning)** Venture · US **Undisclosed** With 2 others
- **Mar** **[Customer.io](https://millionrounds.com/company/customer-io)** Venture · US **Undisclosed** With 3 others
- **Jan** **[Poached Jobs](https://millionrounds.com/company/poached-jobs)** Venture · US **Undisclosed** With 2 others
- **2021** 9 rounds
- **Dec** **[StormSensor](https://millionrounds.com/company/stormsensor)** Series A · US **$10M** With 1 other

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

We hold **5** 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 they claim to have backed

From their own portfolio page (on their website)

**44** of 60 we have independently watched raise

[2morrowinc](https://millionrounds.com/company/2morrow-inc)[Acolytehealth](https://millionrounds.com/company/acolyte-health)[Apptio](https://millionrounds.com/company/apptio)[Argentwork](https://millionrounds.com/company/argent)[Augment](https://millionrounds.com/company/augment)[Auntfannies](https://millionrounds.com/company/aunt-fannies)[Auth0](https://millionrounds.com/company/auth0)[Bigleaf](https://millionrounds.com/company/bigleaf-networks)[Biomotum](https://millionrounds.com/company/biomotum)[Brandlive](https://millionrounds.com/company/brandlive)[Cartogram](https://millionrounds.com/company/cartogram)[Chronicled](https://millionrounds.com/company/chronicled)[Crowdstreet](https://millionrounds.com/company/crowdstreet)[Crowdsupply](https://millionrounds.com/company/crowd-supply)[Digs](https://millionrounds.com/company/digs)[Enduringplanet](https://millionrounds.com/company/enduring-planet)[Geoloqi](https://millionrounds.com/company/geoloqi)[Greencanopynode](https://millionrounds.com/company/green-canopy-node)[Hemexhealth](https://millionrounds.com/company/hemex-health)[Herddogg](https://millionrounds.com/company/herddogg)[Hilos](https://millionrounds.com/company/hilos)[Indowwindows](https://millionrounds.com/company/indow-windows)[Invivobiosystems](https://millionrounds.com/company/invivo-biosystems)[Item](https://millionrounds.com/company/item)[Jnj](https://millionrounds.com/company/jnj)[Madorra](https://millionrounds.com/company/madorra)[Mpathic](https://millionrounds.com/company/mpathic)[Mustdeliver](https://millionrounds.com/company/mustdeliver)[Okta](https://millionrounds.com/company/okta)[Onboarddynamics](https://millionrounds.com/company/onboard-dynamics)[Overwatchimaging](https://millionrounds.com/company/overwatch-imaging)[Panthalassa](https://millionrounds.com/company/panthalassa)[Poachedjobs](https://millionrounds.com/company/poached-jobs)[Radious](https://millionrounds.com/company/radious)[Rangerevolution](https://millionrounds.com/company/range-revolution)[Reperiohealth](https://millionrounds.com/company/reperio-health)[Snap2insight](https://millionrounds.com/company/snap2insight)[Steamchaincorp](https://millionrounds.com/company/steamchain-corp)[Tellagence](https://millionrounds.com/company/tellagence)[Thedyrt](https://millionrounds.com/company/the-dyrt)[Toolbelt](https://millionrounds.com/company/toolbelt)[Tripgrid](https://millionrounds.com/company/tripgrid)[Trovatrip](https://millionrounds.com/company/trovatrip)[Zembula](https://millionrounds.com/company/zembula) Abaxx Adt Agtechtools Akidsco Archer Autodesk Bold Reuse Careismatic Chempower-corp Clean-age Communityenergylabs Diode Docvocate Energy-storage Esri Finneganthedragon and 36 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **6 in all**

**[ONtheGO Platforms](https://millionrounds.com/company/onthego-platforms)** Bought by Atheer Labs **Undisclosed** Dec 2015

**[AppThwack](https://millionrounds.com/company/appthwack)** Bought by [Amazon Web Services](https://millionrounds.com/fund/amazon-web-services) **Undisclosed** Jul 2015

**[Measureful](https://millionrounds.com/company/measureful)** Bought by Chirpify **Undisclosed** Jun 2014

**[Glider](https://millionrounds.com/company/glider)** Bought by FPX **Undisclosed** Apr 2014

**[Vizify](https://millionrounds.com/company/vizify)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **Undisclosed** Mar 2014

**[Geoloqi](https://millionrounds.com/company/geoloqi)** Bought by Esri **Undisclosed** Oct 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 **$4.9M** the round, not its cheque Alone, median **$25K**

Led 0 of 155 rounds **0%**

- **Sole investor:** 64 rounds
- **Last cheque:** Sept 2026
- **Exits:** 6 from the portfolio

Rounds by stage said on their site

- Seed said *78*
- Venture *33*
- Series A said *18*
- Grant *6*
- Series B *3*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) 12
- [Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund) 10
- [Rogue Venture Partners](https://millionrounds.com/fund/rogue-venture-partners) 10
- [Elevate Capital](https://millionrounds.com/fund/elevate-capital) 9
- [Techstars](https://millionrounds.com/fund/techstars) 9
- [Oregon Venture Fund](https://millionrounds.com/fund/oregon-angel-fund) 8

**Pitching Portland Seed 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 Portland Seed Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Oregon Venture Fund** VC firm **12** rounds together](https://millionrounds.com/fund/oregon-venture-fund)[**Cascade Seed Fund** VC firm **10** rounds together](https://millionrounds.com/fund/cascade-seed-fund)[**Rogue Venture Partners** VC firm **10** rounds together](https://millionrounds.com/fund/rogue-venture-partners)[**Elevate Capital** Private equity **9** rounds together](https://millionrounds.com/fund/elevate-capital)[**Techstars** VC firm **9** rounds together](https://millionrounds.com/fund/techstars)[**Oregon Venture Fund** VC firm **8** rounds together](https://millionrounds.com/fund/oregon-angel-fund)[**The R-Group, LLC** Family office **5** rounds together](https://millionrounds.com/fund/the-r-group-llc)[**Alliance of Angels** Angel network **4** rounds together](https://millionrounds.com/fund/alliance-of-angels)[**Everywhere Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/everywhere-ventures)[**Keiretsu Forum** Angel network **3** rounds together](https://millionrounds.com/fund/keiretsu-forum)[**National Science Foundation** Government **3** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Seven Peaks Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/seven-peaks-ventures)

## Recently backed

The latest companies Portland Seed Fund put money into.

[**Panthalassa** $140M · May 2026](https://millionrounds.com/company/panthalassa)[**GetWhys** $5.2M · Apr 2026](https://millionrounds.com/company/getwhys)[**Overwatch Imaging** $500K · Jan 2026](https://millionrounds.com/company/overwatch-imaging)[**Enduring Planet** Jan 2026](https://millionrounds.com/company/enduring-planet)[**Argent** $8.5M · Dec 2025](https://millionrounds.com/company/argent)[**AscendArc** $81K · Nov 2025](https://millionrounds.com/company/ascendarc)

## Quick answers about Portland Seed Fund

### What does Portland Seed Fund invest in?

Portland Seed Fund invests most often at Seed and Venture (80% of the rounds on record), in sectors such as AI & Machine Learning, Apps and Artificial Intelligence & Machine Learning (AI/ML).

### How active is Portland Seed Fund?

155 investments on record, 9 of them in the last 12 months. The most recent was in Sept 2026.

### What has Portland Seed Fund invested in recently?

Its most recent investments on record: Rapta (Venture, Sept 2026), Panthalassa (Growth, May 2026) and GetWhys (Seed, Apr 2026).

### How big are Portland Seed Fund's cheques?

The median round it joins is $4.9M.

### Does Portland Seed Fund lead rounds?

Rarely, if at all: none of its 155 investments on record names it as the lead.

### Where does Portland Seed Fund invest?

Most of the companies it backs are in the United States (100%).

### Is Portland Seed Fund investing now?

Yes: it is actively investing, with 9 investments in the last 12 months.

### Who does Portland Seed Fund invest alongside?

Most often Oregon Venture Fund (12 rounds together), Cascade Seed Fund (10 rounds together) and Rogue Venture Partners (10 rounds together).

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