Cairn, a U.S. subscription box company specializing in outdoor gear, says it has raised $2 million in seed funding, with support from Scott Allan, general manager of Hydro Flask, and the Cascade Angels Fund. Allan, who has become a member of Cairn's board of directors, praised Cairn for the valuable data it provides to brands and the insert “for” community of outdoor consumers it brings together. Hydro Flask has seen its sales soar under Allan's leadership in the last two years and it was sold in March for $210 million in cash to Helen of Troy. Cairn is the first investment for the 2016 fund of Cascade Angels, which strives to support central Oregon as an innovation hub for the outdoor industry. Cairn, Allan and Cascade Angels Fund are all based in Bend, Oregon. Cairn already announced in February that it had raised the first $1.7 million of the round from other investors.
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