SEATTLE, WA—February 16, 2015—Keiretsu Forum, the world’s largest investment community of private equity (angel) investors, today announced that $32.2 million was raised by 37 promising companies in 2014 through Keiretsu Forum Northwest, now encompassing Seattle, Kirkland, Portland, Boise, Spokane and Victoria and Vancouver BC chapters. Of the 37 funded companies, 23 are from the Northwest region, including Kineta, Precision Image Analysis, Tether Technologies, and Cardiac Insight. Investments in seven of the companies were follow-on rounds and 30 were new investments.
Technology companies received 17% of the funding, life sciences received 46%, real estate funds received 34% and consumer/retail received the remaining 3%. Keiretsu Forum Northwest now has facilitated over $164 million in funding for 261 companies since founding the first Northwest chapter in the fall of 2005. The organization has also seen membership growth with 65 new members added in northwest chapters during 2014.
“It was a year of steady growth for our group in 2014 with a significant amount of additional liquidity coming back into market. Deal flow for 2015 is strong and we expect the funding volumes to continue to grow,” said Sherry Calvert, President of Keiretsu Forum Northwest. “The growth of our team in supporting our members and companies has further enhanced their collaboration in conducting due diligence and continues to draw talented and successful new 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 2014 is below.
House of Matriarch
Precision Image Analysis
Pyattt/Broadmark Fund II
Textile Based Delivery
Pacific West Real Estate Income Fund
Fairway America Fund VI
20/20 Gene Systems
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 36 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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