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Inception Micro-Angel Fund (IMAF) is a member-managed seed-stage angel capital fund based in Charlotte, North Carolina, operating through regional chapters across the state. It pools committed capital from high-net-worth individuals to fund early-stage ventures, primarily supporting high-growth potential startups within North Carolina's Research Triangle Park (RTP), Sandhills, Cape Fear, and Wilmington areas. IMAF typically invests between $50,000 and $250,000 per deal. Key figures include founder Ken Paulus and founding member and co-chair Rajeev Kulkarni, who is also associated with the Charlotte Angels Fund. The fund was founded by Ken Paulus, though the exact founding year is not publicly known. Its business model centers on member-managed angel fund where high-net-worth investors pool committed capital for seed-stage investments, typically $50k-$250k per deal.
Inception Micro-Angel Fund has 2 tracked investments across 2 companies. The latest tracked deal is $2.0M Seed in Groundfloor in August 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2014 | Groundfloor | $2.0M Seed | — | Social Capital, Bruce Boehm, Mark Easley, Michael Olander |
| Aug 6, 2013 | Entigral Systems | $500K Series A | TOM Storrs | Micro Angel Fund, Triangle Angel Partners |
