When it comes to investing in new businesses and the companies that run them, there are many different options available. There are also a number of venture capitalists who can provide funding, but only a handful truly stand out as the best choice for an investor or entrepreneur. Many people don’t realize how valuable it is to have access to an experienced VC with deep pockets when trying to secure funding for their business idea or start-up. There are several types of financing available and each type has its own advantages and disadvantages. The following article will discuss these factors along with some tips for finding the right investor for your needs!
1. Bank of Botetourt
Bank of Botetourt is a venture capital firm that invests in early-stage technology companies. Bank of Botetourt was founded in 2018 and is based in Virginia. The company has invested in 1 company, including Canapi Ventures.
Bank of Botetourt is a locally owned community bank offering local, personalized service and a wide variety of financial services to all the customers we serve.
2. Hatteras Venture Partners
Hatteras Venture Partners is a venture capital firm based in Raleigh, North Carolina. Hatteras’ investment is early-stage companies in information technology, life sciences and clean industries.
Hatteras raised million for its first fund which closed in April 2018 and invested in 20 startups. The size of each investment ranges from million to -5 million per deal depending on the number of investors involved in each funding round (eg Angels vs VCS/PES).
Hatteras has invested in companies including: -LetTuce, a food ordering platform that connects restaurants and customers -IRISVR, an augmented reality software company -imomobility, an electric mobility solutions provider
3. Morgan Creek Digital
Morgan Creek Digital is a venture capital firm that invests in the blockchain and digital asset sector. The company has invested in over 100 companies and participated in some of the most successful ICOs of all time.
Organ Creek Digital is the venture capital arm of Organ Creek, a merchant bank that has been investing in the digital asset industry since 2014. We are a global team with offices in New York and Hong Kong.
4.Capital Carson
Carson Capital, a venture capital firm with over billion under management and over 100 portfolio companies invested, was founded in 2001. Carson invests in early-stage companies in the internet, health and healthcare and business software. The company has offices across the United States as well as a presence in London and Hong Kong.
Carson invests in early-stage companies in the consumer Internet, healthcare and enterprise software sectors. The company has offices across the United States as well as a presence in London and Hong Kong.
Carson has invested in over 100 companies including: – HomeAway (sold to Expedia for .9 billion) – Bloomthat (sold to Liberty Mutual for million) – Eharmony (sold to Match Group for million ) – CareZone (sold to Intuit for 0M)
5. Protopia.co
Protopia.co is a venture capital firm based in Raleigh, North Carolina. It was founded in 2018 by Joe Liemandt and Brian O’Hara.
Protopia.co invests in software technology, cybersecurity, healthcare, fintech and consumer technology companies at all stages of development with a focus on seed rounds Latam), Middle East and Africa (MENA), Southeast Asia (sea) as well as North America.
The firm has invested in over 60 companies including: -Datarobot, a market leader in machine learning and AI for data science teams. -MatterMark, a next-generation trade intelligence and analytics platform that helps investors make smarter investment decisions. -WooCommerce, the world’s most popular e-commerce platform (measured by the amount of online stores using it).
6. Canapi Ventures
Canapi Ventures is a Durham, NC-based venture capital firm that invests in start-up companies in the Southeast.
Canapi Ventures is a Durham, NC-based venture capital firm that invests in start-up companies in the Southeast. Canapi Ventures makes seed and Series A investments with total funds of -100 million across multiple sectors, including healthcare technology and services, fintech, consumer software/services/services, and services. software and IT in business. Canapi’s investment thesis focuses on three key themes: 1) disrupting existing markets by tackling large market opportunities; 2) innovative business models that enable growth at lower cost than incumbents; 3) High quality teams capable of building market leadership through execution
7. Bull City Venture Partners
Bull City Venture Partners is a venture capital firm that invests in start-up companies. The firm was founded in 2016 by David Tisch and Brad Hargreaves, who wanted to create an investment business that could partner with “high growth companies” in North Carolina. He has since invested in more than 40 state-based startups, including several from Durham.
Bull City investments tend to focus on technology and data science companies that advance existing industries, rather than being more experimental or innovative. Partners are also looking for companies with strong management teams that have shown they can execute well.
8. Sovereign Capital
Sovereign Capital is a global venture capital firm that invests in the strongest opportunities in the technology sector. Sovereign Capital offers growth equity, venture capital debt and business development services to emerging companies. With offices in Boston, Charlotte and San Francisco, Sovereign’s capital has invested in more than 200 companies since its inception. Sovereign Capital’s current portfolio includes more than 60 portfolio companies with market capitals exceeding billion across all major sectors, including financial services, healthcare, marketing technology and enterprise software.
Sovereign capital has invested in companies such as: Docusign, Redfin, Acquia, Aptus, Kitchener-Waterloo.
9. Duke Angel Network
Duke Angel Network (Dan) is a venture capital firm that invests in early-stage companies in the United States. Since its founding in 2003, Dan has invested in over 100 companies and is one of North Carolina’s most active investors.
Dan is a member of the Duke University community and maintains offices on campus. The company was founded as part of an effort to increase student participation in entrepreneurship at Duke; Today, this mission remains at the heart of what Dan does.
Dan invests in companies that have a positive impact on the world. We are looking for entrepreneurs whose businesses solve problems, improve lives and make the world a better place.
10. Idea Fund Partners
Idea Fund Partners is a venture capital firm that invests in early-stage technology companies. The company has invested in over 100 companies, including Box, Cloudera, Dropbox, Github, Looker, Mulesoft and Slack.
Idea Fund Partners made headlines when it raised billion for its fourth fund in 2016. In addition to its North Carolina office (which is located in the Raleigh area), Idea Fund Partners has also offices in Silicon Valley and New York.
The company was founded in 2002 and is led by partners Bill Maris, John Doerr, Mike Volpi and Nabeel Hyatt.
11. Indigo Group
Indigo Group is a venture capital firm that invests in early-stage companies. The firm has offices in San Francisco and New York, and it has invested in more than 100 companies, including several unicorns. Indigo Group’s portfolio includes companies like Calm, Cohesity, Dollar Shave Club and Robinhood.
Indigo Group was founded by Bill Tai and Thomas Layton in 2005. Tai is a venture capitalist, entrepreneur and investor. He co-founded Innosoft (later acquired by Novell) and served on the boards of numerous companies, including Quantum Corporation (acquired by Dell), VMware, Cadence Design Systems and Pure Storage. Layton is a former Vice Chairman of JPMorgan Chase & Co., where he led its global private equity business.
12. TrueBridge Capital Partners
TrueBridge Capital Partners is a venture capital firm that invests in early-stage technology companies. TrueBridge is North Carolina’s largest venture capital firm and has provided over billion to over 100 companies since its founding.
TrueBridge is focused on building longstanding relationships with entrepreneurs, helping them build world-class teams, products, and businesses. The company has offices in Durham and Charlotte as well as Silicon Valley and New York.
Conclusion
The 12 venture capitalists listed above have all made significant investments in the North Carolina region. They have a proven track record of success, and they are active investors that you should keep on your radar if you plan to raise capital for your business.