OEN NewsCollexion Captures First Prize in OEN’s Angel Oregon 2016 Program
Collexion was selected as the winner of OEN’s Angel Oregon 2016 Investment Program, announced today at OEN’s Angel Oregon Showcase. Collexion will receive an investment of $252,600.
Collexion is putting the whole collectible world in one place. They are curating millions of collectibles from a global community of collectors who love to share their collections, passions and knowledge.
From 49 growth-stage applications, Collexion survived five rounds of judging by our 2016 investor group. Through a series of pitches and reviews, participating companies received coaching and mentorship from the investors. Meanwhile, the investors received training in making investments.
The other five growth-stage finalists in the running were Crystal Clear Technologies, IOTAS, Moonshadow Mobile, Odysys, and Yellow Scope.
Five early-stage finalists also presented at OEN’s Angel Oregon 2016 Showcase, selected from 54 applicants. The first- and second-place winners were determined by an audience vote. First-place winner ClientJoy, which manages business gifting with hand-selected local gifts, won a package of goods and services worth over $20,000, including free office space and legal, accounting, forecasting, coaching, and marketing services. Second-place winner Little Handfuls Organic, which creates baby food products that allow for balanced nutrition and mealtime independence, won a package of goods and services worth over $7,000.
The other three early-stage finalists were Ardor Education, Cardsmith, and Fitlandia.
OEN’s Angel Oregon has been a key element in the funding and development of seed stage companies in Oregon since 2005 when the first investment award was presented.
See highlights and photos from the day:
About OEN’s Angel Oregon Program
Since 2005, 776 companies have applied to compete for OEN’s Angel Oregon Investment Award and 116 were selected to present. From 2005 to 2015, $3.2 million has been directly invested through OEN’s Angel Oregon LLC Investment Award and there have been four favorable exits. Additional investment has been made outside of the LLCs, and Angel Oregon finalist companies have created more than 750 jobs. Past winners include Spaceview, Nouvola, brandlive, Wild Friends Foods, Chez Marie, OpenSesame, and DesignMedix.
