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Key people at Charlotte Angel Fund.
Charlotte Angel Fund operates as an angel investing group, channeling capital into early-stage, venture-scalable businesses primarily within North Carolina and its adjacent states. The organization functions by pooling resources from experienced investors to identify and finance promising companies. It is recognized as a significant source of early capital for high-aspiration startups, emphasizing strong management teams and compelling market opportunities.
The fund made its initial investment in December 2014, emerging from a collective of successful individuals with interests in the greater Charlotte region. This group formed with the insight that a consolidated, experienced investor network was needed to effectively support and fuel the growth of innovative, high-potential ventures in their local ecosystem. The structure allows members to collaboratively make investment decisions, often supplementing fund capital with individual contributions.
Charlotte Angel Fund primarily serves entrepreneurs and management teams of nascent companies seeking seed or early-stage funding. Its long-term vision centers on fostering regional economic development by connecting capital with innovation, supporting the creation and expansion of leading-edge businesses. The fund aims to remain a premier resource for both investors seeking deal flow and startups requiring strategic financial backing.
Charlotte Angel Fund has 3 tracked investments across 2 companies. The latest tracked deal is $10.0M Series A in Nufabrx in October 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 14, 2021 | Nufabrx | $10.0M Series A | — | DBR Investments, Fields Texas, NC State University |
| Aug 30, 2021 | Slope Software | $2.0M Other Equity | Tech Square Ventures | Alerion Ventures, Cofounders Capital |
| Aug 1, 2021 | Slope Software | $2.0M Seed | Tech Square Ventures | Alerion Ventures, Cofounders Capital |
Key people at Charlotte Angel Fund.