FoundersPad, an early-stage venture fund based in Bend, announced Thursday a $75,000 investment in Opstarts of San Francisco.

FoundersPad invested along with Zelkova Ventures of New York and Foundry Group Angels of Boulder, Colorado.

Opstarts makes financial modeling software for small- and medium-size subscription-based businesses, typically those that sell software as a service, also known as SaaS. The company was founded in 2014 and now has more than 50 businesses using its financial forecasting product, according to a FoundersPad press statement.

— Bulletin staff report

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