# Act Two Investors

Act Two Investors is a RIA based in Portland, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Portland, United States
- **Region:** North America
- **Address:** Portland, OR, United States
- **Assets under management:** Undisclosed
- **Website:** acttwoinvestors.com

## Regulatory record

- **CRD number:** 294046
- **SEC file number:** 801-112940
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/294046

## About

ACT TWO INVESTORS LLC is an SEC-registered investment adviser since 2018. The firm manages approximately $647 million in regulatory assets. It has 1 employee and 1 investment adviser.

## Sectors

- Enterprise Software
- Digital Health
- Food & Beverage
- ClimateTech
- Consumer
- Industrial Tech

## People

- Ryan Buchanan — Founder and CEO
- Monica Enand — Co-Founder

## Questions

### Who runs investment decisions at Act Two Investors?

Founder Ryan Buchanan oversees all investment decisions, drawing on his experience as a two-time exited founder of eROI and Zapproved. He is supported by his wife and co-founder Monica Enand, who brings her own background in technology entrepreneurship. The office maintains a lean structure and does not disclose a separate investment committee.

### How does Act Two source its private-company deal flow?

The office relies heavily on Ryan Buchanan's personal network of Pacific Northwest founders, operators, and venture funds. Buchanan's long history in Portland's startup scene, including board roles with organizations like the Oregon Entrepreneurs Network, gives him early access to companies raising pre-seed and seed rounds. The firm also co-invests alongside local and national early-stage funds.

## Related profiles

- [Skiver Investment Services](https://altss.com/profile/skiver-investment-services)
- [Natare Capital Management](https://altss.com/profile/natare-capital-management-lp)

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Last updated: 2026-07-06T01:24:10.792Z

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