49th State Angel Fund - aVenture Asset Manager Research
Location
Anchorage, AK, US
Founded
2012
49th State Angel Fund (49SAF) is Alaska's entrepreneurship fund, focusing on investing in Alaskan businesses. The fund offers direct co-investments, matching other investors' equity-like investments dollar-for-dollar between $10,000 and $400,000. 49SAF primarily targets early-stage companies raising angel or seed rounds, aiming to make Alaska an ideal environment for entrepreneurs.
Notable portfolio companies include 60Hertz, Alaska Plastic Recovery, and Heather's Choice. 49SAF provides not only financial support but also managerial and entrepreneurial expertise to its investees. The fund actively participates in ecosystem events and hosts various initiatives to foster entrepreneurship in Alaska, demonstrating its commitment to the state's business growth and development.
49th State Angel Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
