
49th State Angel Fund
Anchorage, Alaska, United StatesFounded 20126+ employeesPrivate
$13.2M raisedGrant· last: grant (Feb 2012)· 1 rounds
Backed by(1 investors)
U.S. Department of the Treasury
The 49th State Angel Fund is an investment fund that indirectly invests in Alaskan businesses. Started in 2012 by a $13.2 million allocation from US Department of Treasury's State Small Business Credit Initiative, 49SAF is a venture capital function run by the Municipality of Anchorage. They work with Partner Funds to provide a dollar for dollar, private to public funding match for investments.