[company_age]12.0[/company_age][employees]1-10 employees[/employees][funding]grant[/funding][description]The 49th State Angel Fund (49SAF) is a unique investment organization based in Anchorage, Alaska. It serves as both a direct investor and a fund of funds, focusing on supporting Alaskan businesses and fostering economic development within the state. 49SAF's approach sets it apart from other angel funds by prioritizing investments in local companies and funds with a strong Alaskan focus. This commitment to local impact distinguishes 49SAF from its peers, who may have a broader geographic reach or less emphasis on community-driven investment.[/description][ps]Direct investments and co-investments in Alaskan companies through a dedicated Co-Investment Fund.[/ps]