IDEA Fund Partners

IDEA Fund Partners is a venture capital firm based in Chapel Hill, North Carolina, established in 2007. The firm focuses on seed and early-stage equity investments, primarily targeting technology, software, healthcare, materials technologies, and medical device sectors. IDEA Fund Partners aims to support entrepreneurs and their ventures in emerging geographies, particularly in the southeastern United States. The firm not only provides financial backing but also offers company-building expertise to foster growth and innovation within its portfolio companies. By engaging with its limited partners, entrepreneurs, and the communities it serves, IDEA Fund Partners seeks to create a positive impact while driving economic development in the regions it operates.

Lister Delgado

Managing Partner

Zakiya Alta Lee

Senior Associate

Robert Templeton

Senior Associate

76 past transactions

SortSpoke

Venture Round in 2022
SortSpoke's artificial intelligence does the complex data extraction work that people do today. SortSpoke helps companies automate manual document processing. SortSpoke is a cloud service that learns how you classify your documents, what data you extract from them and then it does it for you.

Klearly

Venture Round in 2022
Klearly Analytics, Inc. is a developer of a SaaS-based prescriptive intelligence platform tailored for B2B companies. Founded in 2017 and based in Durham, North Carolina, Klearly provides a solution that leverages data science and machine learning to enable sales and marketing teams to better understand their impact on revenue. The platform offers actionable insights by analyzing consumer behavior, tracking product sales, and assessing the effectiveness of marketing campaigns. It empowers teams to prioritize accounts, focus on strategic activities, and anticipate business outcomes, thereby enhancing their ability to innovate marketing strategies and increase return on investment. Klearly is designed to replace traditional metrics with predictive capabilities, positioning itself as a vital tool for revenue-oriented marketing efforts.

Biospatial

Series A in 2022
Biospatial, Inc. is a company based in Durham, North Carolina, that has developed an online cloud-based platform aimed at providing early warnings of health events and trends. Founded in 2016, the company focuses on creating a collaborative national network of data partners and operational users to enhance public health preparedness and emergency response capabilities. The platform utilizes machine learning to process various data sources in near real-time, offering secure and scalable access to actionable information. Users can visualize data, generate reports, and manage access through web-based interfaces, thereby supporting informed decision-making in public health and national security efforts.

Smartcare Software

Venture Round in 2022
SMARTcare Software, Inc. is a company that specializes in developing a comprehensive software platform designed for home healthcare providers. Founded in 2013 and headquartered in Eau Claire, Senegal, SMARTcare offers a SaaS business automation solution that enhances patient and caregiver engagement while promoting best practices in care delivery. The platform utilizes connected technologies to streamline and optimize the care process, ultimately saving time and improving health outcomes. It serves both non-skilled home care and skilled home health providers, catering to clients across the United States, North America, and globally. By providing caregivers with essential tools and resources, SMARTcare aims to advance the quality of home healthcare services.

Boundless Life

Seed Round in 2022
Boundless Life is a company based in Montreal, Canada, founded in 2021, that specializes in creating travel communities for families, particularly digital nomads. The business provides thoughtfully designed communities in picturesque locations worldwide, featuring location-independent private homes, co-working spaces, and a school system focused on experiential learning. Additionally, Boundless Life incorporates recreational hubs tailored to local cultures, allowing families to connect with one another while exploring diverse environments. By offering these services, the company facilitates sustainable travel experiences that enrich the lives of families and promote cultural immersion.

Key

Seed Round in 2022
At Key, we're creating a world where real estate is a source of prosperity and freedom for everyone. Our patent-pending approach makes urban living possible again, free from the burdens of commuting, cost-prohibitive down payments, and the inflexibility that comes with a 25-year mortgage.

Finmark

Seed Round in 2022
Finmark Financial Group, founded in 2020 and based in Raleigh, North Carolina, specializes in financial planning and modeling software tailored for startups. The platform simplifies complex financial concepts and calculations, allowing companies to manage their runway, hiring plans, and cash flow with ease. By providing a user-friendly interface, Finmark enables users to easily update, inspect, and share their financial metrics. The software is designed to support companies at various stages, from pre-revenue to pre-IPO, promoting team alignment and collaboration while reducing costs and resource demands. Through its innovative approach, Finmark aims to empower the next generation of startups in navigating their financial planning needs effectively.

RightRev

Seed Round in 2021
Developer of a revenue recognition management platform designed to facilitate accurate and compliant financial reporting. The company's platform integrates customer relationship management, configure, price, quote (CPQ) tools, revenue accounting processes, a general ledger, a reporting system, and dashboards that help in tracking the entire revenue contracts, enabling finance professionals to reduce the risk of misstatements and ensure transparency.

Spiffy

Venture Round in 2021
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Pangea.app

Seed Round in 2021
Pangea.app, Inc. operates an online platform that connects companies with college students for freelance projects, particularly in marketing and graphic design. Established in 2016 and based in Providence, Rhode Island, the platform serves as a marketplace where businesses can communicate directly with students, manage payments through a secure gateway, and rate performance to ensure accountability. By utilizing a proprietary dataset and artificial intelligence, Pangea.app enhances the matching process, enabling companies to access skilled talent early in their careers while allowing students to showcase their abilities. The company's mission focuses on providing equitable access to high-skill opportunities, making it easier for businesses to find and hire college freelancers for part-time engagements.

Pendo

Series F in 2021
Pendo is the only platform to combine in-product engagement with robust product data and user feedback. With the ability to quickly take action on these qualitative and quantitative insights, product teams can make more informed decisions on how to support users throughout their journey.

Payzer

Series D in 2021
Payzer is a financial technology company based in North Carolina that provides an all-in-one platform designed to assist contractors in managing and growing their businesses. Established in 2014, Payzer's mobile and cloud-based solution enables users to accept credit and debit card payments, as well as electronic checks, either in the field or from their home office, with real-time transaction tracking. The platform also offers instant financing options up to $55,000, allowing contractors to provide immediate credit approvals to customers. Additionally, Payzer facilitates better purchasing control by enabling businesses to issue Visa debit purchasing cards to employees.

Fenris

Venture Round in 2021
Fenris Digital develops a cloud-based platform tailored for property and casualty insurers, focusing on enhancing customer acquisition and optimizing workflows throughout the insurance lifecycle. Founded in 2016 and headquartered in Glen Allen, Virginia, the company offers a suite of digital solutions, including an AI-based analytics engine and scoring that improve underwriting efficiency. Its TouchQuote platform serves as a white-labeled, mobile-first quoting solution, allowing clients to create personalized customer experiences. Fenris provides APIs that enable agencies, carriers, and financial services to integrate valuable insights and data into their operations, enhancing conversion rates and customer engagement. The platform covers a vast demographic, offering quality data enrichment for over 240 million consumers and 30 million businesses, and employs machine learning to refine predictive scores continuously. This approach not only streamlines the underwriting process but also maximizes marketing effectiveness by significantly improving completion and conversion rates.

Poppy Flowers

Seed Round in 2021
Poppy Flowers, founded in 2019 and based in Washington, D.C., operates as a tech-enabled marketplace within the $13 billion flower industry. The company specializes in retailing flowers and customized floral products specifically for weddings and event decorations. Poppy Flowers manages a floral supply chain that connects customers with independent floral designers and directly sources high-quality flowers from reputable farms. Through its online platform, Poppy Flowers aims to simplify the purchasing process for customers by leveraging technology, including machine learning and computer vision, to enhance the overall customer experience. The company is committed to providing affordable floral solutions while supporting local designers.

Finmark

Seed Round in 2020
Finmark Financial Group, founded in 2020 and based in Raleigh, North Carolina, specializes in financial planning and modeling software tailored for startups. The platform simplifies complex financial concepts and calculations, allowing companies to manage their runway, hiring plans, and cash flow with ease. By providing a user-friendly interface, Finmark enables users to easily update, inspect, and share their financial metrics. The software is designed to support companies at various stages, from pre-revenue to pre-IPO, promoting team alignment and collaboration while reducing costs and resource demands. Through its innovative approach, Finmark aims to empower the next generation of startups in navigating their financial planning needs effectively.

PunchListUSA

Funding Round in 2020
PunchList was founded by a contractor and a real estate agent to solve a consistent pain point in the real estate transaction: completing inspection repairs fast, with quality, and with consistency from job to job. Building from their early success in their home base of Charleston, SC, their growing team of licensed contractors and support specialists now help thousands of agents and their clients across the US.

Reveal Mobile

Series A in 2020
Reveal Mobile, Inc. operates a platform focused on location-based advertising and analytics for various industries, including agencies, brands, and media companies. The company offers several key products: VISIT Local, which provides foot traffic attribution and audience building; VISIT Match, which delivers audience scale and analytics; and VISIT Data, a customizable solution for location data. Reveal Mobile's platform enables users to understand audience demographics visiting specific locations and facilitates targeted advertising through digital and social media. The company emphasizes privacy compliance and is a member of the Network Advertising Initiative, ensuring adherence to annual privacy certifications. Founded in 2004 and based in Raleigh, North Carolina, Reveal Mobile was previously known as StepLeader, Inc. and became a subsidiary of CBC New Media Group, LLC in 2015.

ChoiceWORX

Seed Round in 2020
ChoiceWORX, Inc. is an automation software company specializing in IT operations. Founded in 2017 and based in New York, it offers AI-driven solutions designed to enhance end-user support and robotic process automation (RPA) management. Its flagship products include apptinuum, which focuses on intelligent automation for device management and user support, and robotinuu, which manages robotic automation across various IT layers. ChoiceWORX's platforms leverage advanced artificial intelligence to help organizations reduce costs, improve productivity, and decrease reliance on human labor, positioning the company as a transformative player in the field of IT automation.

Second Nature

Series C in 2020
Second Nature is a consumer goods company that specializes in providing air filters. It offers a web-based platform that enables people to purchase online its services include shipping, installation, and maintenance that helps their client to improve their indoor air quality and protect the HVAC system. The company was founded in 2012 and headquartered in North Carolina, United States.

PunchListUSA

Seed Round in 2019
PunchList was founded by a contractor and a real estate agent to solve a consistent pain point in the real estate transaction: completing inspection repairs fast, with quality, and with consistency from job to job. Building from their early success in their home base of Charleston, SC, their growing team of licensed contractors and support specialists now help thousands of agents and their clients across the US.

InsightFinder

Seed Round in 2019
InsightFinder Inc. specializes in machine learning technology solutions focused on IT operational data. Founded in 2015 and based in Brooklyn, New York, the company offers a suite of tools designed to enhance operational efficiency. Its metric intelligence engine detects anomalies automatically using advanced algorithms, while the log intelligence engine provides real-time keyword extraction and indexing for textual log files. InsightFinder also features an alert intelligence engine that reduces alert fatigue by filtering out duplicate alerts and an APM intelligence engine that identifies issues in both proprietary and third-party applications. The company's innovative, patent-pending solutions can be accessed through online subscriptions or deployed on-premise, helping organizations find root causes of deviations and predict future events with minimal staff involvement.

Silbo

Seed Round in 2019
Silbo Inc. is a marketplace that connects sports games with officials, facilitating the scheduling, payment, and communication processes. The company offers a software-as-a-service platform where youth and adult leagues, clubs, and tournaments can post games online. This system allows qualified officials to easily access available games, select assignments, and receive digital payments, while also providing a mechanism for feedback. Founded in 2016, Silbo operates from Raleigh, North Carolina.

Klearly

Seed Round in 2019
Klearly Analytics, Inc. is a developer of a SaaS-based prescriptive intelligence platform tailored for B2B companies. Founded in 2017 and based in Durham, North Carolina, Klearly provides a solution that leverages data science and machine learning to enable sales and marketing teams to better understand their impact on revenue. The platform offers actionable insights by analyzing consumer behavior, tracking product sales, and assessing the effectiveness of marketing campaigns. It empowers teams to prioritize accounts, focus on strategic activities, and anticipate business outcomes, thereby enhancing their ability to innovate marketing strategies and increase return on investment. Klearly is designed to replace traditional metrics with predictive capabilities, positioning itself as a vital tool for revenue-oriented marketing efforts.

Spiffy

Series C in 2019
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Qoreboard

Seed Round in 2019
Qoreboard operates a performance management platform designed to enhance employee performance and profitability. The platform provides actionable insights and motivational messages based on individual performance data, facilitating a more personalized approach to coaching. By utilizing microgoals, Qoreboard breaks down large objectives into manageable daily and hourly tasks, making daunting goals more achievable. This data-driven methodology replaces traditional coaching methods, which often rely on intuition, with targeted feedback and curated improvement plans. Through its innovative approach, Qoreboard aims to inspire organizations to empower their employees, fostering sustainable performance improvements.

Allvision

Seed Round in 2019
Allvision IO, Inc. is a software company based in Pittsburgh, Pennsylvania, founded in 2017. It specializes in developing a platform that aggregates various sources of three-dimensional data, utilizing machine learning and cloud computing to provide actionable insights. The company's offerings include high-definition, time-based maps for mobility, infrastructure, and transportation, as well as tools for asset detection, tracking, and compliance analysis. By enabling street-level analytics on a global scale, Allvision aims to connect decision-makers across industries such as transportation, engineering, government, and insurance with valuable spatial data, helping them address complex challenges and make informed decisions.

Payzer

Series C in 2018
Payzer is a financial technology company based in North Carolina that provides an all-in-one platform designed to assist contractors in managing and growing their businesses. Established in 2014, Payzer's mobile and cloud-based solution enables users to accept credit and debit card payments, as well as electronic checks, either in the field or from their home office, with real-time transaction tracking. The platform also offers instant financing options up to $55,000, allowing contractors to provide immediate credit approvals to customers. Additionally, Payzer facilitates better purchasing control by enabling businesses to issue Visa debit purchasing cards to employees.

LiveSource

Venture Round in 2018
LiveSource’s cloud-based supplier collaboration suite specializes in strategic sourcing and supplier performance management, as well as the facilitation of all supplier interactions up and down the supply chain. LiveSource focuses on global manufacturers in highly regulated and complex manufacturing industries and a majority of its revenue is derived from the automotive and aerospace industries.

Spiffy

Series B in 2018
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Biospatial

Seed Round in 2018
Biospatial, Inc. is a company based in Durham, North Carolina, that has developed an online cloud-based platform aimed at providing early warnings of health events and trends. Founded in 2016, the company focuses on creating a collaborative national network of data partners and operational users to enhance public health preparedness and emergency response capabilities. The platform utilizes machine learning to process various data sources in near real-time, offering secure and scalable access to actionable information. Users can visualize data, generate reports, and manage access through web-based interfaces, thereby supporting informed decision-making in public health and national security efforts.

Payzer

Series B in 2018
Payzer is a financial technology company based in North Carolina that provides an all-in-one platform designed to assist contractors in managing and growing their businesses. Established in 2014, Payzer's mobile and cloud-based solution enables users to accept credit and debit card payments, as well as electronic checks, either in the field or from their home office, with real-time transaction tracking. The platform also offers instant financing options up to $55,000, allowing contractors to provide immediate credit approvals to customers. Additionally, Payzer facilitates better purchasing control by enabling businesses to issue Visa debit purchasing cards to employees.

Ceterus

Series B in 2018
Ceterus, Inc. is a technology company that focuses on providing web-based accounting and financial reporting solutions. Founded in 2008 and headquartered in Charleston, South Carolina, with an additional office in Kalamazoo, Michigan, Ceterus offers its proprietary cloud-based software, Ceterus Edge. This platform automates bookkeeping and financial reporting, delivering timely and accurate insights, peer benchmarks, and key performance metrics to various industries, including restaurants, fitness, wellness, retail, education, and beauty. Ceterus empowers entrepreneurs by enabling them to monitor their business health, compare financial performance with peers, and make informed decisions through real-time data and alerts.

Impossible Objects

Series A in 2017
Impossible Objects is a developer of advanced 3D printing technology that produces objects using sheets of kevlar, carbon fiber, and fiberglass. The company employs a proprietary composite-based additive manufacturing (CBAM) process that integrates high-performance polymers, such as nylon and polyether ether ketone, with long-fiber carbon and fiberglass sheets. This innovative approach allows for the creation of complex parts at production speeds and volumes, making it suitable for industries such as automotive, aerospace, and electronics. Founded in 2011 and headquartered in Northbrook, Illinois, Impossible Objects aims to meet the growing demand for durable and lightweight components in various applications.

Second Nature

Series B in 2017
Second Nature is a consumer goods company that specializes in providing air filters. It offers a web-based platform that enables people to purchase online its services include shipping, installation, and maintenance that helps their client to improve their indoor air quality and protect the HVAC system. The company was founded in 2012 and headquartered in North Carolina, United States.

Pendo

Series C in 2017
Pendo is the only platform to combine in-product engagement with robust product data and user feedback. With the ability to quickly take action on these qualitative and quantitative insights, product teams can make more informed decisions on how to support users throughout their journey.

Ceterus

Series A in 2017
Ceterus, Inc. is a technology company that focuses on providing web-based accounting and financial reporting solutions. Founded in 2008 and headquartered in Charleston, South Carolina, with an additional office in Kalamazoo, Michigan, Ceterus offers its proprietary cloud-based software, Ceterus Edge. This platform automates bookkeeping and financial reporting, delivering timely and accurate insights, peer benchmarks, and key performance metrics to various industries, including restaurants, fitness, wellness, retail, education, and beauty. Ceterus empowers entrepreneurs by enabling them to monitor their business health, compare financial performance with peers, and make informed decisions through real-time data and alerts.

Mati Inc.

Series A in 2017
Mati Inc. is a company based in Durham, North Carolina, that specializes in the production and sale of energy drinks. Founded in 2012, it offers a unique energy drink brewed from plant-based ingredients, fruit juice concentrates, and water. The flagship product, MATI, is designed to provide a healthier alternative for active and health-conscious consumers seeking to enhance their everyday performance. Mati Inc. distributes its products through various channels, including wholesalers, retail outlets, and online platforms, primarily serving customers in North Carolina and surrounding counties. As of April 2020, Mati Inc. operates as a subsidiary of NOBL Beverages.

First

Seed Round in 2017
First is a software company that uses artificial and predictive intelligence on when and why people move to predict sales and marketing. It brings predictive marketing to real estate. Fundamentally changing how service providers find their next customer. They discover when and why people will buy or sell a house, so they can connect realtors with new clients at the perfect time. Thus, the company predicts who will sell by tracking 700+ signals across 214 million people nationwide.

Spiffy

Series A in 2017
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Pendo

Series B in 2016
Pendo is the only platform to combine in-product engagement with robust product data and user feedback. With the ability to quickly take action on these qualitative and quantitative insights, product teams can make more informed decisions on how to support users throughout their journey.

Payzer

Series B in 2016
Payzer is a financial technology company based in North Carolina that provides an all-in-one platform designed to assist contractors in managing and growing their businesses. Established in 2014, Payzer's mobile and cloud-based solution enables users to accept credit and debit card payments, as well as electronic checks, either in the field or from their home office, with real-time transaction tracking. The platform also offers instant financing options up to $55,000, allowing contractors to provide immediate credit approvals to customers. Additionally, Payzer facilitates better purchasing control by enabling businesses to issue Visa debit purchasing cards to employees.

Ceterus

Series A in 2016
Ceterus, Inc. is a technology company that focuses on providing web-based accounting and financial reporting solutions. Founded in 2008 and headquartered in Charleston, South Carolina, with an additional office in Kalamazoo, Michigan, Ceterus offers its proprietary cloud-based software, Ceterus Edge. This platform automates bookkeeping and financial reporting, delivering timely and accurate insights, peer benchmarks, and key performance metrics to various industries, including restaurants, fitness, wellness, retail, education, and beauty. Ceterus empowers entrepreneurs by enabling them to monitor their business health, compare financial performance with peers, and make informed decisions through real-time data and alerts.

Windsor Circle

Series B in 2016
As of January 3, 2019, Windsor Circle, Inc. was acquired by WhatCounts, Inc. Windsor Circle, Inc. provides Software-as-a-Service customer retention software for the retail industry worldwide. The company offers a Software-as-a-Service marketing automation platform for retailers to drive customer loyalty, retention, and revenue through their marketing campaigns. It provides personalized, automated, and segmented data-driven campaigns including, lifecycle marketing, loyalty and retention, product recommendations, product replenishment, cart recovery, and browse abandonment and more; and predictive marketing services. The company was founded in 2011 and is based in Durham, North Carolina.

Antenna

Seed Round in 2016
Our mobile-first, real-time feedback platform captures true audience sentiment, increasing participation and conversions. We are personalized, two-way feedback for the mobile generation.

Lucerno Dynamics

Seed Round in 2016
Lucerno Dynamics, LLC is a medical technology company based in Cary, North Carolina, focused on the development and distribution of systems that detect and quantify radiolabeled biomarkers in tissue. Established in 2011, the company offers a range of products, including the Lucerno LD1 system, which helps clinicians assess tumor response early in treatment, and the Lara System, designed to monitor nuclear medicine injections. Lucerno's innovative devices leverage advanced PET crystal technology to provide healthcare providers with reliable information on the quality of nuclear medicine used in disease evaluations. Their solutions have applications in various areas, including quality assurance for clinical PET/CT scans, non-invasive measurement of arterial input function, and monitoring the effectiveness of therapies for superficial tumors, as well as supporting preclinical research in animal studies.

Sift Media

Series A in 2016
Sift Media, Inc. is a company based in Durham, North Carolina, that specializes in developing automated bidding software for mobile advertisement opportunities within real-time auction exchanges. Founded in 2015, Sift Media utilizes advanced artificial intelligence and machine learning algorithms to optimize the performance of app install advertisements. The platform processes over 50 billion mobile ad requests daily, enabling clients to hyper-target their advertising efforts effectively. To date, Sift Media has served more than 40 billion mobile ads and has successfully delivered over 25 million app installs for thousands of advertisers. The company's technology supports features such as whitelisting and blacklisting of specific app bundles, allowing for tailored advertising strategies. Sift Media received $3.25 million in funding in early 2016 to further enhance its capabilities in the mobile advertising landscape.

WedPics

Series B in 2015
WedPics is a mobile and web-based photo sharing application designed specifically for weddings, allowing guests to contribute their photos to a single album for the bride and groom. Available on both iOS and Android platforms, the app addresses the common challenge faced by couples in collecting memories from their special day. Users can not only upload images but also interact through comments and "likes," fostering engagement among guests. Additionally, WedPics offers five custom filters to enhance the photo experience and encourages the use of traditional digital cameras by allowing users to upload photos via the web. Developed by Deja mi Inc., based in Raleigh, North Carolina, WedPics evolved from the company's earlier app focused on venue discovery to serve a niche market in wedding photography, launching in early 2012. The platform effectively modernizes the wedding photography experience, moving away from disposable cameras and integrating smartphone technology.

Switchboard Live

Pre Seed Round in 2015
Switchboard Live Inc. operates a live audience network that connects advertisers and brands with targeted viewers across various online channels. The company specializes in live video and social media management, enabling content creators to manage their live streams and extend their reach to online audiences. Its offerings include a solution called Producer, which allows brands to access audiences tailored to their budget and demographics, and Joicaster, a stream-sharing tool that consolidates live chats into a unified cross-platform experience. The company serves a diverse range of content creators in fields such as entertainment, government, gaming, worship, sports, podcasts, and keynote events. Founded in 2014 and based in Philadelphia, Pennsylvania, Switchboard Live was previously known as Joicaster Inc. before rebranding in February 2016.

Pendo

Series A in 2015
Pendo is the only platform to combine in-product engagement with robust product data and user feedback. With the ability to quickly take action on these qualitative and quantitative insights, product teams can make more informed decisions on how to support users throughout their journey.

Sarda

Seed Round in 2015
Sarda specializes in manufacturing power management products that enhance the energy efficiency of cloud computing systems. The company's offerings include semiconductor switches for voltage converters, which are designed to minimize power loss across various portable, enterprise, and consumer systems. By improving energy efficiency, Sarda enables its clients to boost productivity and effectively meet the demands of the rapidly expanding Internet.

Canopy Lawn Care

Seed Round in 2015
Canopy is a landscaping company that uses technology for consumers to purchase and schedule lawn maintenance services. It uses technology to streamline operations and improve communications in order to provide an exceptional employee and customer experience. The company provides lawn care and landscaping, from weed control and fertilization to mowing and maintenance, in an environmentally responsible and intelligent fashion. Canopy Lawn Care was founded in 2014 and is headquartered in Cary, North Carolina.

Reveal Mobile

Seed Round in 2015
Reveal Mobile, Inc. operates a platform focused on location-based advertising and analytics for various industries, including agencies, brands, and media companies. The company offers several key products: VISIT Local, which provides foot traffic attribution and audience building; VISIT Match, which delivers audience scale and analytics; and VISIT Data, a customizable solution for location data. Reveal Mobile's platform enables users to understand audience demographics visiting specific locations and facilitates targeted advertising through digital and social media. The company emphasizes privacy compliance and is a member of the Network Advertising Initiative, ensuring adherence to annual privacy certifications. Founded in 2004 and based in Raleigh, North Carolina, Reveal Mobile was previously known as StepLeader, Inc. and became a subsidiary of CBC New Media Group, LLC in 2015.

Distil Networks

Series B in 2015
Distil, Inc. develops and provides cloud security software designed to protect websites from malicious bots and automated attacks. The company's solutions effectively block a wide range of threats, including web scraping, competitive data mining, form spam, click fraud, and account takeovers, ensuring that legitimate users are not affected. Distil's offerings include Bot Defense for API, which safeguards API servers that support public-facing websites and mobile applications, and the Distil Analyst Managed Service, which incorporates human intelligence into bot mitigation efforts. Serving enterprise customers globally, Distil aims to make the web more secure by enabling users to automatically block 99.9% of malicious traffic. Founded in 2011 and based in Arlington, Virginia, Distil Networks, Inc. operates as a subsidiary of Imperva, Inc. since 2019.

CloudTags

Series A in 2015
CloudTags created a flexible data-driven pop-up ecosystem that engages customers on their smartphones with no app using sonic frequency sound. Retailers can sign up for a day, week, or month at locations. It was founded in 2012 and headquartered in Atlanta, Georgia.

WedPics

Series B in 2015
WedPics is a mobile and web-based photo sharing application designed specifically for weddings, allowing guests to contribute their photos to a single album for the bride and groom. Available on both iOS and Android platforms, the app addresses the common challenge faced by couples in collecting memories from their special day. Users can not only upload images but also interact through comments and "likes," fostering engagement among guests. Additionally, WedPics offers five custom filters to enhance the photo experience and encourages the use of traditional digital cameras by allowing users to upload photos via the web. Developed by Deja mi Inc., based in Raleigh, North Carolina, WedPics evolved from the company's earlier app focused on venue discovery to serve a niche market in wedding photography, launching in early 2012. The platform effectively modernizes the wedding photography experience, moving away from disposable cameras and integrating smartphone technology.

Royalty Exchange

Venture Round in 2014
Royalty Exchange, Inc. is an online auction marketplace established in 2011, based in Denver, Colorado, that facilitates the buying and selling of various types of royalties. These royalties span diverse sectors including entertainment, patents, pharmaceuticals, trademarks, and energy. The platform aims to enhance transparency in a traditionally private market, allowing royalty owners, artists, and rights holders to connect with investors and maximize the value of their assets. By offering a centralized marketplace for royalty auctions, Royalty Exchange provides a standardized and secure avenue for private investment opportunities, enabling participants to unlock the value of their intellectual property and creative works.

Windsor Circle

Series B in 2014
As of January 3, 2019, Windsor Circle, Inc. was acquired by WhatCounts, Inc. Windsor Circle, Inc. provides Software-as-a-Service customer retention software for the retail industry worldwide. The company offers a Software-as-a-Service marketing automation platform for retailers to drive customer loyalty, retention, and revenue through their marketing campaigns. It provides personalized, automated, and segmented data-driven campaigns including, lifecycle marketing, loyalty and retention, product recommendations, product replenishment, cart recovery, and browse abandonment and more; and predictive marketing services. The company was founded in 2011 and is based in Durham, North Carolina.

Automated Insights

Series B in 2014
Automated Insights Inc. is an artificial intelligence company based in Durham, North Carolina, specializing in content automation services. The company is known for its Wordsmith platform, a natural language generation engine that transforms raw data into coherent narratives, such as articles, summaries, and visualizations. This technology enables organizations across various sectors, including finance, real estate, and sports, to efficiently produce millions of personalized reports and content pieces in a fraction of the time it would take to write them manually. With over 200 clients, including notable names like Allstate and The Associated Press, Automated Insights generates more than 1.5 billion content pieces annually. Originally founded as StatSheet, Inc. in 2007, the company rebranded to Automated Insights in 2011 and operates as a subsidiary of STATS LLC.

71lbs

Angel Round in 2014
71lbs offers a platform designed to assist small and medium businesses in reducing shipping costs through comprehensive analytics and reporting tools. With extensive experience in the parcel shipping industry, the company specializes in contract negotiations and securing shipping refunds, allowing businesses to better understand and manage their shipping expenses. By leveraging industry insights, 71lbs simplifies the shipping process, empowering clients to make informed decisions that enhance their logistics efficiency and financial savings. The company's focus on democratizing shipping services ensures that businesses of all sizes can benefit from effective shipping strategies tailored to their needs.

Distil Networks

Series A in 2014
Distil, Inc. develops and provides cloud security software designed to protect websites from malicious bots and automated attacks. The company's solutions effectively block a wide range of threats, including web scraping, competitive data mining, form spam, click fraud, and account takeovers, ensuring that legitimate users are not affected. Distil's offerings include Bot Defense for API, which safeguards API servers that support public-facing websites and mobile applications, and the Distil Analyst Managed Service, which incorporates human intelligence into bot mitigation efforts. Serving enterprise customers globally, Distil aims to make the web more secure by enabling users to automatically block 99.9% of malicious traffic. Founded in 2011 and based in Arlington, Virginia, Distil Networks, Inc. operates as a subsidiary of Imperva, Inc. since 2019.

WedPics

Series A in 2014
WedPics is a mobile and web-based photo sharing application designed specifically for weddings, allowing guests to contribute their photos to a single album for the bride and groom. Available on both iOS and Android platforms, the app addresses the common challenge faced by couples in collecting memories from their special day. Users can not only upload images but also interact through comments and "likes," fostering engagement among guests. Additionally, WedPics offers five custom filters to enhance the photo experience and encourages the use of traditional digital cameras by allowing users to upload photos via the web. Developed by Deja mi Inc., based in Raleigh, North Carolina, WedPics evolved from the company's earlier app focused on venue discovery to serve a niche market in wedding photography, launching in early 2012. The platform effectively modernizes the wedding photography experience, moving away from disposable cameras and integrating smartphone technology.

Windsor Circle

Series A in 2013
As of January 3, 2019, Windsor Circle, Inc. was acquired by WhatCounts, Inc. Windsor Circle, Inc. provides Software-as-a-Service customer retention software for the retail industry worldwide. The company offers a Software-as-a-Service marketing automation platform for retailers to drive customer loyalty, retention, and revenue through their marketing campaigns. It provides personalized, automated, and segmented data-driven campaigns including, lifecycle marketing, loyalty and retention, product recommendations, product replenishment, cart recovery, and browse abandonment and more; and predictive marketing services. The company was founded in 2011 and is based in Durham, North Carolina.

Distil Networks

Seed Round in 2013
Distil, Inc. develops and provides cloud security software designed to protect websites from malicious bots and automated attacks. The company's solutions effectively block a wide range of threats, including web scraping, competitive data mining, form spam, click fraud, and account takeovers, ensuring that legitimate users are not affected. Distil's offerings include Bot Defense for API, which safeguards API servers that support public-facing websites and mobile applications, and the Distil Analyst Managed Service, which incorporates human intelligence into bot mitigation efforts. Serving enterprise customers globally, Distil aims to make the web more secure by enabling users to automatically block 99.9% of malicious traffic. Founded in 2011 and based in Arlington, Virginia, Distil Networks, Inc. operates as a subsidiary of Imperva, Inc. since 2019.

Windsor Circle

Venture Round in 2012
As of January 3, 2019, Windsor Circle, Inc. was acquired by WhatCounts, Inc. Windsor Circle, Inc. provides Software-as-a-Service customer retention software for the retail industry worldwide. The company offers a Software-as-a-Service marketing automation platform for retailers to drive customer loyalty, retention, and revenue through their marketing campaigns. It provides personalized, automated, and segmented data-driven campaigns including, lifecycle marketing, loyalty and retention, product recommendations, product replenishment, cart recovery, and browse abandonment and more; and predictive marketing services. The company was founded in 2011 and is based in Durham, North Carolina.

Distil Networks

Debt Financing in 2012
Distil, Inc. develops and provides cloud security software designed to protect websites from malicious bots and automated attacks. The company's solutions effectively block a wide range of threats, including web scraping, competitive data mining, form spam, click fraud, and account takeovers, ensuring that legitimate users are not affected. Distil's offerings include Bot Defense for API, which safeguards API servers that support public-facing websites and mobile applications, and the Distil Analyst Managed Service, which incorporates human intelligence into bot mitigation efforts. Serving enterprise customers globally, Distil aims to make the web more secure by enabling users to automatically block 99.9% of malicious traffic. Founded in 2011 and based in Arlington, Virginia, Distil Networks, Inc. operates as a subsidiary of Imperva, Inc. since 2019.

Automated Insights

Series A in 2011
Automated Insights Inc. is an artificial intelligence company based in Durham, North Carolina, specializing in content automation services. The company is known for its Wordsmith platform, a natural language generation engine that transforms raw data into coherent narratives, such as articles, summaries, and visualizations. This technology enables organizations across various sectors, including finance, real estate, and sports, to efficiently produce millions of personalized reports and content pieces in a fraction of the time it would take to write them manually. With over 200 clients, including notable names like Allstate and The Associated Press, Automated Insights generates more than 1.5 billion content pieces annually. Originally founded as StatSheet, Inc. in 2007, the company rebranded to Automated Insights in 2011 and operates as a subsidiary of STATS LLC.

Axial Exchange

Series A in 2011
Axial Exchange Inc. is a healthcare technology company that specializes in remote patient and population health monitoring and communications. Founded in 2009 and based in Raleigh, North Carolina, the company offers a platform that provides continuous, real-time insights into community health interests, goals, and behaviors. This platform enables healthcare providers to detect complications early and enhances patient care teams' access to trending health data. By empowering patients to understand and engage in their personal health journeys, Axial Exchange contributes to improved patient outcomes and reduced healthcare costs through early intervention and optimized care. The company operates as a subsidiary of IngagePatient, Inc.

Argyle Social

Seed Round in 2010
Argyle Software provides a Social Media Marketing Solution that enables marketers to generate more prospects, qualify more leads, and create greater engagement across their social base. Argyle Social integrates with Pardot, Marketo, and soon with Silverpop as well, to provide marketers with the only way to tie social in to the efforts of the rest of the marketing department. Hundreds of mid-sized businesses - including Uservoice, Backupify, Sharefile, and Global Giving - rely on Argyle to power their social media marketing programs.

Automated Insights

Series A in 2010
Automated Insights Inc. is an artificial intelligence company based in Durham, North Carolina, specializing in content automation services. The company is known for its Wordsmith platform, a natural language generation engine that transforms raw data into coherent narratives, such as articles, summaries, and visualizations. This technology enables organizations across various sectors, including finance, real estate, and sports, to efficiently produce millions of personalized reports and content pieces in a fraction of the time it would take to write them manually. With over 200 clients, including notable names like Allstate and The Associated Press, Automated Insights generates more than 1.5 billion content pieces annually. Originally founded as StatSheet, Inc. in 2007, the company rebranded to Automated Insights in 2011 and operates as a subsidiary of STATS LLC.

Social Solutions

Series B in 2009
Social Solutions is a provider of outcome management software designed specifically for human and social service organizations. Established in 2000, the company introduced its flagship product, Efforts to Outcomes Software (ETO Software), which helps organizations connect their operational efforts to measurable outcomes, thereby enhancing the effectiveness of social service delivery. ETO Software has been widely adopted by thousands of human service organizations and government agencies across the U.S. and Canada. In addition to software solutions, Social Solutions offers a range of ETO Services to support organizations in their implementation of outcome-based practices. The company also engages in advocacy initiatives aimed at raising awareness and improving the funding and evaluation processes in the human services sector. By providing comprehensive case management, participant connection, data insights, and outcome analytics, Social Solutions empowers organizations to streamline operations and optimize service delivery.

BrightDoor

Venture Round in 2008
BrightDoor Systems, Inc. specializes in providing comprehensive software solutions tailored for the residential real estate market, specifically for single and multifamily developers, homebuilders, and new home brokers. Founded in 2005 and based in Cary, North Carolina, the company offers a range of products including BrightDoor Central, a customer relationship management (CRM) and marketing system; BrightDoor Kiosk, which enhances the sales experience at model homes and leasing galleries; and BrightDoor Mobile, designed to facilitate communication between sellers and buyers. Additionally, BrightDoor operates a client service office in Costa Mesa, California, further supporting its commitment to delivering customized technology tools and services throughout the sales and marketing cycle in the residential development sector.

Social Solutions

Series A in 2008
Social Solutions is a provider of outcome management software designed specifically for human and social service organizations. Established in 2000, the company introduced its flagship product, Efforts to Outcomes Software (ETO Software), which helps organizations connect their operational efforts to measurable outcomes, thereby enhancing the effectiveness of social service delivery. ETO Software has been widely adopted by thousands of human service organizations and government agencies across the U.S. and Canada. In addition to software solutions, Social Solutions offers a range of ETO Services to support organizations in their implementation of outcome-based practices. The company also engages in advocacy initiatives aimed at raising awareness and improving the funding and evaluation processes in the human services sector. By providing comprehensive case management, participant connection, data insights, and outcome analytics, Social Solutions empowers organizations to streamline operations and optimize service delivery.

Oncoscope

Seed Round in 2008
Oncoscope, Inc. is a medical device company based in Durham, North Carolina, established in 2006. The company specializes in developing optical imaging systems that focus on epithelial tissues located in various parts of the body, including the oral cavity, esophagus, stomach, colon, lung, cervix, and bladder. Its innovative systems deliver in vivo measurements that provide critical information on tissue microstructure, specifically assessing the diameter and density of cell nuclei. This technology aims to improve clinical outcomes by offering detailed insights into the health of epithelial tissues.

iContact

Series A in 2007
iContact LLC is a provider of email marketing software and solutions specifically designed for small and medium-sized businesses globally. Founded in 2003 and headquartered in Morrisville, North Carolina, the company offers a range of products including iContact, iContact Pro, and iContact for Salesforce, which facilitate the creation, sending, and tracking of email campaigns, newsletters, surveys, and automated responses. iContact is recognized as a leading private provider in the email and social media marketing sector. As a B Corporation, the company adheres to a social responsibility model, contributing 1% of employee time, payroll, equity, and products to community initiatives. iContact fosters a vibrant company culture focused on creativity and community engagement and operates as a subsidiary of j2 Global, Inc.

iContact

Seed Round in 2006
iContact LLC is a provider of email marketing software and solutions specifically designed for small and medium-sized businesses globally. Founded in 2003 and headquartered in Morrisville, North Carolina, the company offers a range of products including iContact, iContact Pro, and iContact for Salesforce, which facilitate the creation, sending, and tracking of email campaigns, newsletters, surveys, and automated responses. iContact is recognized as a leading private provider in the email and social media marketing sector. As a B Corporation, the company adheres to a social responsibility model, contributing 1% of employee time, payroll, equity, and products to community initiatives. iContact fosters a vibrant company culture focused on creativity and community engagement and operates as a subsidiary of j2 Global, Inc.
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