Funded Startups in Portland
Portland-area funding in these 50 most recent rounds is highly top-heavy by disclosed size: the largest disclosed round is Sparrow Pharmaceuticals’ $95M (S…
Portland-area funding in these 50 most recent rounds is highly top-heavy by disclosed size: the largest disclosed round is Sparrow Pharmaceuticals’ $95M (Series B) on 2025-09-23, dwarfing the next-largest disclosed amounts such as Hydrolix’s $80M (Series C) on 2025-04-03 and Torq’s $70M (Series C) on 2024-09-24. Most other disclosed rounds sit much lower, with several at $30M or below (for example Aisles $30M on 2024-05-18 and ConductorOne $79M on 2025-10-29) and multiple sub-$1M deals (e.g., Proud Ground at $30K on 2024-03-27 and Nearpeer at $1M on 2024-10-02).
The list also clusters by geography and timing: 42 of the 50 rows are tagged Portland, Oregon (with the remainder split across Portland, Maine and one blank-location entry), and there is a dense late-2024 window (2024-04 through 2024-05) alongside frequent “Series Unknown” and “undisclosed” classifications (19 rows total), including Regulate (undisclosed, 2025-07-17), Arkatechture (undisclosed, 2025-04-14), and Photon Marine (undisclosed, 2024-09-17). Rounds span 2024-03-27 through the most recent 2025-10-29 entry (ConductorOne).
Most recent rounds
50 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Portland-focused set, and how far above the rest is it?
The largest disclosed amount is Sparrow Pharmaceuticals’ $95M (Series B) on 2025-09-23. That level is materially above the next-largest disclosed rounds shown, including Hydrolix’s $80M on 2025-04-03 and Torq’s $70M on 2024-09-24.
Do the rounds cluster in a narrow time window rather than being evenly spread across the period?
There’s clear clustering in late 2024: for example, multiple disclosed rounds fall in May 2024 (Boulder Care $35M on 2024-05-21; Aisles $30M on 2024-05-18; HighByte $12M on 2024-04-23 is adjacent), while the earliest shown date is 2024-03-27 (Proud Ground $30K) and coverage extends through 2025-10-29 (ConductorOne $79M).
How concentrated are these deals in Portland, Oregon versus other Portland-labeled locations?
Most entries are tagged Portland, Oregon, including ConductorOne (2025-10-29, $79M), Sparrow Pharmaceuticals (2025-09-23, $95M), and Hydrolix (2025-04-03, $80M). A smaller subset is tagged Portland, Maine, such as Nest Veterinary (2025-09-15, $3M), Arkatechture (2025-04-14, undisclosed), and Nearpeer (2024-10-02, $1M).
Is the stage mix dominated by a few categories, or are “Series Unknown/undisclosed” amounts common?
“Series Unknown” and “undisclosed” appear frequently together as 19 of the 50 rows, including Regulate (undisclosed, 2025-07-17), HOLO Footwear (undisclosed, 2025-07-16), and Photon Marine (undisclosed, 2024-09-17). Among disclosed rounds, later-stage labels do show up prominently, such as Hydrolix (Series C, $80M on 2025-04-03) and Torq (Series C, $70M on 2024-09-24).
Are there notable outliers on the low end that could affect deal-size expectations for prospecting?
Yes. The smallest disclosed amount shown is Proud Ground’s $30K on 2024-03-27, which sits far below other low-but-not-minimal disclosed deals like RockStep Solutions at $150K (2024-05-17) and Bluem Nursing at $120K (2024-05-10).
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