2025 Investment Highlights
December 2025
Deepthi Madhava
This year at OVF, we had the opportunity to meet and support founders building solutions to some of the most fundamental challenges in compute, security, identity, trust, and human performance.
We also crossed a meaningful milestone: more than $200M of OVF capital invested directly into Oregon and southern Washington companies - entrepreneurs building exceptional businesses right here at home. Together, those companies have gone on to raise more than $2.1B in total capital.
Below is a snapshot of the new companies we welcomed into the OVF portfolio in 2025 - each one tackling a critical problem with clarity, ambition, and technical depth.
Mueon: Reinventing the Future of Silicon
Mueon is pioneering a fundamentally new 3D chip architecture, moving beyond traditional transistor shrinking. Their integrated cubelet design tightly unifies compute, memory, and interconnect, unlocking step-function improvements in performance and efficiency. As AI and high-performance workloads outpace today’s monolithic chips, Mueon’s approach has the potential to reshape the future of data centers and advanced compute.
Huckleberry: A Clear View into Professional Growth
One of the biggest gaps in the modern working world is meaningful, portable insight into our strengths, areas for development, and opportunities to grow. Huckleberry is addressing that need with a professional reputation graph powered by 360 feedback, AI coaching, and continuous assessment. It gives individuals ownership of their growth and helps organizations better understand and support talent
Thread: Real-Time Guidance for Modern Sellers
In an increasingly complex GTM environment, sales teams need clarity in the moment, not after the fact. Thread provides real-time guidance by sitting as an interface layer across the AI-accelerated sales stack. Their platform surfaces insights and recommended actions exactly when sellers need them, enabling teams to execute with confidence and precision.
ConductorOne: Securing Identity in the Age of AI
As enterprises adopt agentic AI, identity becomes the new control plane across humans, machines, services, and agents. ConductorOne delivers a unified platform for identity governance, Zero Trust, and compliance. With strong enterprise traction and a best-in-class founding team, the company is poised to define how organizations manage identity at scale.
AiStrike: AI-Native Defense for Cloud Security
Cloud security teams are overwhelmed, and traditional tools can’t keep up with the speed of modern threats. AiStrike brings AI-native automation to the SOC, enabling continuous investigation, response, and protection across cloud workloads. With experienced leadership and accelerating customer interest, AiStrike is emerging as a category-defining platform for cloud-first security operations.
Conveyor: A Modern Engine for Customer Trust
Security reviews and trust workflows remain a major bottleneck for B2B companies. Conveyor streamlines this process with best-in-class accuracy, automated workflows, and an enterprise-ready trust platform. Their strong leadership team and compelling land-and-expand motion point toward a future category leader in customer trust and compliance.
We’re proud to support these founders and energized by the work ahead. Here’s to another year of backing exceptional teams building lasting companies. If you are a founder building a foundational idea, let’s talk. Reach me at deepthi@oregonventurefund.com