Cascade Angels Fund invests $125K in Portland-based Scratch-it

Cascade Angels Fund announced today that the fund has invested $125K in Portland-based start-up Scratch-it.

The company provides a platform to design, build and host reveal-based marketing messages. Customers include Travelocity, Dunkin Donuts, Lenovo, Buca di Beppo, Burberry, and ASDA.

“The Bend Venture Conference Growth Stage finalists gave Cascade Angels access to five potential investments and this one pushes the overall BVC investment to $870,000,” said Julie Harrelson, CEO of Harrelson Group, which serves as the fund manager for Cascade Angels. “We are pleased to be investors in Scratch-it.”

Brian Vierra, catalyst manager for EDCO said, “All five finalists in the BVC Growth Stage received funding this year. This is the second year we have accomplished this and it is a key differentiating factor from other conferences, which typically award investments to one or two companies at most.”

Cascade Angels 2015 Fund grew to $725,000 this year, a 58 percent increase over the 2014 fund. The mission of the Cascade Angels Fund is to create statewide opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity. Cascade Angels Fund is sponsored by Bank of the Cascades, Jones & Roth, Karnopp Petersen LLP, and Harrelson Group.

“Cascade Angels is a key investor for us,” said Robert Haydock, CEO of Scratch-it. “The Cascade Angels investment is a critical milestone for our company.”

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