49th State Angel Fund
Overview
The 49th State Angel Fund is a venture capital fund established by the Municipality of Anchorage to provide an evergreen source of capital to high-growth, early-stage businesses in Alaska. It was initially capitalized with a $13.7 million federal allocation from the U.S. Treasury. The fund invests both directly into companies and as a Limited Partner in other private-sector managed funds with a local focus. It is managed by Alyeska Venture Management and also runs the Alaska Accelerator Fund, a key initiative and one of its managed funds. The fund's mission is to promote entrepreneurship, foster innovation, and create jobs and economic benefit for Anchorage.
Portfolio Companies
18
Website
akacceleratorfund.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Prismatext | Feb 2023 | Pre Seed | Co-investor |
| Ramper Innovations | May 2019 | Angel | Co-investor |
| BabyVend Unlimited | Nov 2022 | Crowdfunding | Co-investor |
| Alaskan Framing Solutions | Apr 2022 | Seed | Lead |
| Kartorium | Aug 2022 | Pre Seed | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is 49th State Angel Fund based?
49th State Angel Fund is headquartered in Anchorage, Alaska, United States.
When was 49th State Angel Fund founded?
Founding year information for 49th State Angel Fund is not publicly available.
How many portfolio companies does 49th State Angel Fund have?
49th State Angel Fund has 18 portfolio companies in Caplight's dataset.
What are some companies in 49th State Angel Fund's portfolio?
Portfolio companies visible on Caplight include Prismatext, Ramper Innovations, BabyVend Unlimited, Alaskan Framing Solutions, Kartorium.
What was 49th State Angel Fund's most recent investment shown here?
49th State Angel Fund's most recent investment in this portfolio sample was in Prismatext in 2023.
What sectors does 49th State Angel Fund focus on?
49th State Angel Fund focuses on Consumer & Commerce, Mobility, Transportation & Logistics, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Energy & Sustainability, Mobility, Transportation & Logistics, Consumer & Commerce, AI, Data & Cloud Infrastructure, Consumer & Commerce, Frontier & Industrial Tech, Cybersecurity, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Enterprise Software, Mobility, Transportation & Logistics, Energy & Sustainability, Enterprise Software, Real Estate & PropTech, Frontier & Industrial Tech.
What company stages does 49th State Angel Fund focus on?
49th State Angel Fund typically invests at the Early stage.
What is 49th State Angel Fund's AUM?
49th State Angel Fund's assets under management are estimated between $2.3M and $2.3M.