LeadMethod gets $100K investment
The Bend-based angel investment group Cascade Angels Fund announced Wednesday that it would invest $100,000 in the local software company LeadMethod, Inc.
Julie Harrelson, fund manager for Cascade Angels, said LeadMethod builds software that allows companies in industries like manufacturing that use sales representatives to coordinate with those sales reps more effectively. The company relocated from Tacoma, Washington, in the fall of 2013, according to founder and CEO Justin Johnson.
The software can be used with existing customer relationship management and marketing automation software or as a stand-alone platform, according to the press release.
The $100,000 investment is Cascade Angels Fund’s second of the 2015 funding round. The fund, which covers the entire state of Oregon, announced a $100,000 investment in the Portland-based startup Lumen Learning in May. Harrelson said the 2015 fund raised $725,000, a 58 percent increase over 2014.