Keiretsu Forum, the world’s largest investment community of private equity (angel) investors, today announced that $21.2 million was raised by 35 promising companies in 2013 through Keiretsu Forum Northwest, now encompassing Seattle, Kirkland, Portland, Boise, Spokane and Vancouver BC chapters. Of the 35 funded companies, 24 are from the Northwest region, including OtoMetrix Medical Technologies, Shadow Networks, Fairway America Fund VI and Exponential Entertainment. Investments in 9 of the companies were follow-on rounds and 26 were new investments.
Technology companies received 49% of the funding, life sciences received 23%, real estate funds received 24% and consumer/retail received the remaining 4%. Keiretsu Forum Northwest now has facilitated over $132 million in funding for 215 companies since founding the first Northwest chapter in the fall of 2005. The organization has also seen membership growth with 75 new members added in northwest chapters during 2013.
“It was a strong year for our group in 2013. We had great deal flow from our chapters in the mid-Atlantic as well as the Bay Area, enthusiastic new members and good funding rounds,” said Nathan McDonald, President of Keiretsu Forum Northwest. “The combined value of excellent deal flow, collaboration in conducting due diligence, and our social events, has drawn smart, talented and successful members to our organization.”
Keiretsu Forum members enjoy the benefit of collectively screening investments and sharing expertise when evaluating various opportunities, ultimately allowing each member to make their own investment decisions. In addition, by efficiently syndicating the companies receiving the most interest from investors in each of its chapters, Keiretsu Forum members receive access to high-quality deal flow from around the country and even the world.
A complete list of companies that raised funds via Keiretsu Forum Northwest in 2013 is below.
OtoMetrix Medical Technologies
Royal Bluff Orchards
Vega Performance Marketing
Stealth Networks (ZanttZ)
Fairway America Fund VI
Portland Seed Fund
About Keiretsu Forum
Keiretsu Forum was founded in 2000 by Randy Williams in the San Francisco Bay Area. With over 1,400 investor members throughout 29 chapters on 3 continents, Keiretsu Forum is the world’s largest angel investor network. Keiretsu Forum membership is comprised of angel investors, venture capitalists, corporate/institutional investors and serial entrepreneurs that provide early-stage capital in the range of $250,000 - $2 million to high-quality diverse investment opportunities. Keiretsu Forum is not a fund and does not invest as an LLC. Keiretsu Forum members collaborate in the due diligence but make individual investment decisions. For more information, please visit www.keiretsuforum.com or www.k4northwest.com.
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