CASCADE ANGELS EXPANDS MANAGEMENT TEAM FOR LATEST FUND

BEND, Ore. – January 9, 2018Cascade Angels has announced that their latest fund, Fund V, will be managed by 44North Ventures LLC, under the leadership of Julie Harrelson and Robert Pease. Now in its fifth year, the Cascade Angels’ ongoing mission is to create regional opportunities for select investors and businesses to drive economic growth and fuel prosperity.

Managing Partner of 44North Ventures LLC, Julie Harrelson, is an entrepreneur, investor and leader in Oregon’s startup community. Harrelson co-founded Cascade Angels Fund in Bend in 2013 with a group of entrepreneurs and investors. She was recently named “Woman of the Year” by the Bend Chamber. Partner Robert Pease has over 20 years of experience as an investor, founder, operational executive, and consultant. He previously served as a Community Advisor to the 2017 Fund, assisting with deal sourcing, due diligence and fund operations.

Cascade Angels Fund V is a collaborative, innovative two-year venture fund that brings its investors together in a professionally managed, region specific fund, focused on launching and driving the success of early-stage companies. Since 2014, Cascade Angels Funds have invested nearly $3M in 17 early stage companies that cumulatively employ over 175 people.

“Collaborative venture relies on select, engaged accredited investors. The Fund leverages this expertise to help build companies with the goal of economic gain and a stronger, more diverse economy,” said Julie Harrelson, Managing Partner, 44North Ventures LLC, Fund Manager for Cascade Angels.

“As entrepreneurs ourselves, Julie and I have experienced both the challenges and rewards that come from starting, growing, and scaling businesses,” said Robert Pease, Partner, 44North Ventures LLC. “We put that knowledge and perspective to work for Cascade Angles and the companies in which it invests.”

Cascade Angels is sponsored by Frihet Group, Jones & Roth, Karnopp Petersen LLP, and US Bank.

About Cascade Angels Fund

Founded in 2013, Cascade Angels is a professionally managed, investor driven collaborative venture fund that creates opportunities for investors and businesses with connections to Oregon to drive economic growth and fuel prosperity. The Fund’s investors include prominent business leaders, exited entrepreneurs and institutional investors who are committed to contributing to a sustainable economy and building Oregon's entrepreneurial ecosystem. Since 2014, Cascade Angels Funds has invested nearly $3M in 17 early stage companies that cumulatively employ over 175 people. For more information, visit www.CascadeAngels.com, Gust.com or www.twitter.com/CascadeAngels.  

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*Membership in any Cascade Angels Fund is by referral and invitation only. Angel and venture investments involve a high degree of risk. Participation in any Cascade Angels Fund is limited to "accredited investors," as defined by the general rules and regulations of the Securities Act of 1933 of the Securities and Exchange Commission AND to investors who have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of prospective investments.

This release is not an offer to sell or solicit investment in Cascade Angels Fund V, LLC or any other Cascade Angels Fund, any portfolio companies, or any applying companies. None of the Cascade Angels Funds operate as a broker-dealer or investment adviser and none of them are registered as such with any federal or state securities regulator.