RTP Capital Associates

RTP Capital Associates is an angel network based in Durham, North Carolina, founded in 2010. The firm is composed of accredited investors who invest their own capital and focuses on seed and early-stage investments. RTP Capital Associates primarily targets companies in technology-centric and low-tech execution-driven sectors within the North Carolina region.

Elaine Bolle

Director and Board Member

12 past transactions

NALA Membranes

Funding Round in 2021
NALA Membranes specializes in the production of chlorine-stable reverse osmosis membranes designed to enhance water treatment efficiency while minimizing waste and energy consumption. Their patented materials create durable membranes that resist fouling and failure, making them suitable for demanding industrial wastewater applications. By offering solutions that lower operating costs and reduce greenhouse gas emissions, NALA Membranes supports both economic and environmental sustainability. The company's products are utilized across various sectors, including industrial, municipal, residential, and wastewater treatment systems, effectively addressing a range of contaminants and operating conditions.

Altis Biosystems

Seed Round in 2020
Altis Biosystems, LLC is a biotechnology company specializing in the development of innovative stem cell technologies aimed at enhancing research in human biology. Established in 2015 and based in Chapel Hill, North Carolina, the company has created a patent-pending system known as RepliGut, which effectively recreates the human intestinal epithelium and colonic epithelium. This advanced technology enables the generation of a layer of human or animal intestinal stem and differentiated cells from both the small and large intestines. Altis Biosystems' products are primarily utilized in preclinical studies for disease modeling, precision medicine, microbiome research, and compound screening, serving the needs of pharmaceutical and biotechnology companies. By utilizing normal human intestinal tissue, the company aims to improve drug development processes while minimizing reliance on animal testing.

ChowCall

Pre Seed Round in 2019
ChowCall operates as an eCommerce platform specifically designed to serve military customers by connecting them with food and retail options. Recognizing the challenges faced by the military community in accessing eCommerce services due to logistical barriers, ChowCall offers a proprietary solution that bridges this gap. The platform facilitates the delivery of hot meals from local restaurants directly to barracks, homes, or offices, making it easier for military personnel to enjoy a variety of popular cuisines. By leveraging technology and a team of experienced local delivery professionals, ChowCall enhances quality of life for military members while providing companies with access to this underserved market.

WalletFi

Convertible Note in 2018
WalletFi is a subscription management solution tailored for financial institutions and fintech companies. It offers a white-label application that helps users manage their recurring charges effectively. By utilizing machine learning technology, WalletFi identifies subscriptions, recurring payments, and Card-on-File merchants, providing personalized insights to enhance user experience. This application equips financial institutions with detailed analytics that aim to improve customer engagement and financial wellness, ultimately delivering a measurable return on investment.

Revibe

Venture Round in 2018
Revibe Technologies, Inc. specializes in the development of wearable devices designed to assist individuals facing challenges in focus and concentration, particularly in educational and workplace environments. The company's flagship product, the Revibe Anti-Distraction Wristwear, serves as a reminder wristband that utilizes smart vibration technology and research-based algorithms to help users improve their on-task behavior. By integrating psychological principles with innovative technology, Revibe Technologies aims to enhance learning and productivity for both children and adults. Founded in 2015 and headquartered in Wake Forest, North Carolina, Revibe Technologies was previously known as FokusLabs Behavioral Solutions, Inc. Its products provide supportive alternatives for those struggling with attention, ultimately creating more equitable opportunities in education and work settings.

VitalFlo

Pre Seed Round in 2018
VitalFlo Inc. is a digital health company based in Raleigh, North Carolina, established in 2017. It specializes in manufacturing handheld spirometers for asthmatic patients, allowing them to monitor their lung health and medication use. In addition to the spirometers, VitalFlo develops software that connects patients with chronic respiratory conditions to their healthcare providers. The company's remote monitoring system tracks lung function and environmental factors that may trigger asthma attacks, providing actionable insights to clinical teams. This innovative approach aims to reduce emergency room visits by offering timely recommendations to patients, thereby redefining asthma management and enhancing overall care.

ProAxion

Seed Round in 2017
ProAxion, Inc. is a manufacturer of cloud-connected sensors aimed at enhancing predictive maintenance for industrial machinery. The company has developed TACTIX, a tool designed to remotely monitor the health of rotating machines, thereby helping to prevent unexpected failures of mission-critical equipment. By utilizing low-power sensors and cloud computing technologies, ProAxion enables industrial facilities to improve their uptime and reliability while optimizing the total cost of operations and maintenance. Founded in 2015 and based in Cary, North Carolina, ProAxion's innovative solutions contribute to data-driven operations, addressing the needs of millions of machines integral to societal functions and advancing the Industrial Internet of Things.

Second Nature

Series B in 2017
Second Nature Brands, Inc. is a consumer goods company based in Raleigh, North Carolina, that specializes in subscription-based delivery services for home air filters. Founded in 2012, the company offers a web-based platform for customers to easily order air filters tailored to the specific needs of their heating, ventilation, and air conditioning (HVAC) systems. By providing automatic, recurring shipments of the correct size air filters directly to customers' doorsteps, Second Nature helps improve indoor air quality while also protecting HVAC systems. Additionally, the company offers health, vision, and dental insurance solutions. Formerly known as FilterEasy Inc., it rebranded to Second Nature Brands, Inc. in August 2019.

Savii Care

Seed Round in 2016
Savii Inc. specializes in developing software solutions for private duty home care agencies. The company's flagship product, Savii Care, is a web and mobile platform designed to improve the workflow of home care agencies, covering processes from referrals to billing and payroll. Additionally, Savii Connect is an application integrated with Savii Care, enabling caregivers to manage their schedules, document task completion, and access electronic care journals efficiently. Founded in 2014 and headquartered in Raleigh, North Carolina, Savii Inc. aims to empower home care agencies and caregivers by simplifying their daily tasks and allowing them to concentrate on providing quality care.

Second Nature

Seed Round in 2015
Second Nature Brands, Inc. is a consumer goods company based in Raleigh, North Carolina, that specializes in subscription-based delivery services for home air filters. Founded in 2012, the company offers a web-based platform for customers to easily order air filters tailored to the specific needs of their heating, ventilation, and air conditioning (HVAC) systems. By providing automatic, recurring shipments of the correct size air filters directly to customers' doorsteps, Second Nature helps improve indoor air quality while also protecting HVAC systems. Additionally, the company offers health, vision, and dental insurance solutions. Formerly known as FilterEasy Inc., it rebranded to Second Nature Brands, Inc. in August 2019.

Epifany

Seed Round in 2014
Epifany is an enterprise business intelligence solution designed to help brands collect the highest caliber of customer data and feedback. Their mobile app drives C2C marketing by enabling and encouraging users to share photos of their favorite experiences on social media during their visit. It also serves as a platform for guests to leave candid feedback about their experience. All feedback is actionable and allows businesses to directly contact guests about their visit. Businesses also enjoy access to a host of detailed customer data & app activity metrics on a robust analytics dashboard.

Fortnight Brewing

Funding Round in 2013
Fortnight Brewing is a craft brewery and pub that offers stouts, sours, cask ale, wine, cider, and kombucha.
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