Launch-stage companies seeking investment may apply to Cascade Angels Fund 2015 LLC for funding, the organization announced.

The 2015 fund has started taking applications for its first round at The deadline is March 2, according to a news release. Fund manager Harrelson Group expects to hold more application rounds, with the fund investing in one to four companies this year. Investments are anticipated to be $50,000 to $250,000 on average, the news release stated.

Cascade Angels Fund 2014 LLC invested close to $400,000 and helped push the total investment from the 2014 Bend Venture Conference to more than $1 million.

— Bulletin staff reports