VentureSouth

VentureSouth is an early-stage venture firm that develops and manages angel investment groups and funds throughout the Southeast. Since our inception with the Upstate Carolina Angel Network in 2008, VentureSouth has grown to include more than 550 investors across a dozen angel groups and funds, making us one of the largest angel investment organizations in the United States. To date, VentureSouth has deployed over $80 million in more than 100 companies. Follow us to learn how we Make Money. Have Fun. Do Good.

Dawson Racek

Venture Analyst

147 past transactions

Emrgy

Series A in 2023
Emrgy designs and deploys modular, scalable hydroelectric solutions. Founded in 2014, Emrgy is a transformational technology company that is redefining hydropower to remain the world’s most reliable, continuous, and cost-effective renewable energy resource in an energy economy shifting to distributed intermittent renewables.

Babylon Micro-Farms

Series A in 2023
Babylon Micro-Farms offers a smart, scalable indoor farm tailored to meet the client's needs. At the touch of a button, Babylon delivers a simple yet engaging indoor growing experience. Babylon Micro-Farms is leveraging its remote management technology to develop a complete indoor farming platform that will power a distributed network of micro-farms across North America. They designed a low-cost microfarm to provide nutritious produce for food-insecure refugees in the Middle East. Alexander and Graham were initially inspired by the desire to bring the benefits of sustainable hydroponic farming to those who needed them. They set out to develop technology that would automate the complex aspects of indoor farming and, in doing so, make this transformative method of crop production accessible to anyone.

Darby

Venture Round in 2023
Darby offers a platform that serves as a digital vending machine for medical equipment and diagnostics. By using Darby's product, any virtual care delivery model can toggle into hybrid care - allowing remote clinicians to order last-mile tests and treatments for their patients at home instead of referring them to expensive sites of care like the emergency department.

Zylö Therapeutics

Series B in 2022
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Sprockets

Series A in 2022
Sprockets is a sophisticated software that evaluates potential hires based on the traits of a company’s best employees to determine the right candidate in just a few minutes. There is no guesswork, frustration, or the expense of high turnover. It’s not magic — it’s logic.

Gradient Health

Seed Round in 2022
Gradient Health develops an open research platform that offers AI-based medical imaging diagnostics and infrastructure. Its platform offers access to the full clinical sandbox, open-source tooling, and documentation to help developers translate research into an interoperable, secure clinical environment.

Case Status

Series A in 2022
Case Status operates as a cloud-based, client engagement tool for the legal services industry. It develops an application that provides solutions, including tracking and measuring client happiness, sends updates to clients, and communicates with clients. Andrew Seavers and Lauren Sturdivant founded Case Status in 2017. It has its headquarters in Birmingham, AL.

Bio 54

Venture Round in 2022
Bio 54 delivers topical anti-coagulant drugs.

Plantd

Venture Round in 2022
Plantd is a producer of building materials designed for green and zero-carbon housing. To ensure that carbon absorbed in the field is locked away inside the walls and floors of new homes, the company's products are created using industrial hemp and renewable grass. This enables customers to ensure cost management, carbon removal, and optimal material performance. They are business owners and engineers who think that reinventing the present is the first step in creating a prosperous future.

Coworks

Venture Round in 2022
Coworks is a coworking management software. They at Coworks believe that coworking and flexible office space are the future of work. Their goal as a team has always been to create intuitive experiences for both the manager and the members of these spaces. Their mission at Coworks is to empower coworking space owners and operators through automation, analytics, and communication to optimize their businesses and enhance the community experience, so they see growth in their space. They intend to make coworking more accessible and efficient for all and to be the driving force and brand for the future of work. Coworks is not just software, it is the engine behind a shift in the workplace, a shift in culture. They are building a community and redefining the workplace and employee of tomorrow with an attention to detail and a focus on innovation.

OneDigitalTrust, Inc.

Seed Round in 2021
OneDigitalTrust is a B2B company offering their SaaS estate and legacy planning & optimization platform. The company has completed the design, development, and implementation of a fully-featured (“SaaS”) estate planning platform. We have signed up with multiple financial institutions to distribute our platform to their customers (B2B2C).

CureMint

Seed Round in 2021
CureMint empowers dental organizations with a cloud-based source-to-pay platform that manages their entire procurement lifecycle in one easy-to-use place. CureMint’s Procure module delivers a streamlined ordering experience that office staff will love while arming managers with the tools necessary to gain full control and visibility across their organization. CureMint’s Pay module removes the costly blindspots that exist between procurement and accounts payable departments by removing silos and streamlining invoicing and other A/P processes.

Pass It Down

Seed Round in 2021
Pass It Down is a web and mobile app that allows users to record, share, and preserve family stories in video, audio, text, and photos. It is a digital storytelling platform that allows users to capture their life stories and share those with friends, family, and the world. Using their phone, tablet, or computer, the user can ask and answer questions provided by oral historians to capture family stories. Stories can be captured in video, audio, text, and photos and then shared publicly, with friends and family, or kept privately like a journal.

6AM City

Series A in 2021
6AM City provides audience participation and educates and activates the home cities. They are built to engage communities by creating, consuming, participating in, and sharing content. 6AM City produces brief, conversational newsletters steering clear of politics. Serving as a hub for local content, they aim to engage audiences effectively, fostering performance and profitability.

KIYATEC

Venture Round in 2021
KIYATEC utilizes the patient’s own living tumor cells to create functional 3D models to test a battery of cancer therapies. Its 3DKUBE technology platform conveniently and cost-effectively incorporates perfusion flow, accommodates all scaffold materials, allows in situ imaging, models complex human biology using segregated cell co‐culture, and is a single-use disposable. 3DKUBE cell‐based assays leverage these features to create better in vitro prediction of complex biochemical responses in humans, with a focus on the evaluation of drug toxicity and efficacy prior to use in human clinical trials.

Trio Labs

Venture Round in 2021
Trio Labs is a digital manufacturing technology company producing high volume manufacturing of precision metal and ceramic 3D printing. The company's technology eliminates costs associated with tooling and increases the throughput of established high-volume production processes, enabling engineers to match the precision of existing systems, to produce metals and ceramics at high volumes and speeds, and to do so affordably than using conventional manufacturing techniques. It was founded in 2015 and is headquartered in Durham, NC.

GoPivot

Venture Round in 2021
GoPivot is an employee wellness platform. Their offerings include solutions for health and wellness,safety,rewards and recognition,employee communications, and fit warrior.Their approach eliminates pointless rewards, misfit solutions, and wasted dollars. They use point-based rewards to deliver corporate safety, wellness, and healthcare cost containment programs that leverage the advances in data analytics and behavioral science.

Soelect

Venture Round in 2021
Soelect creates cutting-edge engineering solutions for anode technology and solid-state electrolyte materials, enabling safe, high-energy-density batteries for use in electric vehicles, portable electronics, power tools, drones, aircraft, spacecraft, and tactical defense equipment. Soelect's LiX technology is a lithium metal anode for fast charging of all advanced and solid-state batteries.

imagine.io

Venture Round in 2021
imagine.io is a 3D content creation platform that empowers furniture and textile manufacturers to create photo-realistic 3D content.

Redbud Labs

Grant in 2021
Redbud Labs is a microfluidic chip manufacturer. They are pioneering a new category of consumable components with MXR, the world’s first fully modular microfluidic mixer. World-class biotechnology firms use MXR to boost assay performance.Redbud Labs leverages MEMS technology conceived in Professor Richard Superfine’s research group at the University of North Carolina at Chapel Hill. They combine their breakthrough platform with deep scientific expertise to develop elegant solutions to the toughest microfluidic challenges.

Sprockets

Seed Round in 2021
Sprockets is a sophisticated software that evaluates potential hires based on the traits of a company’s best employees to determine the right candidate in just a few minutes. There is no guesswork, frustration, or the expense of high turnover. It’s not magic — it’s logic.

Babylon Micro-Farms

Venture Round in 2021
Babylon Micro-Farms offers a smart, scalable indoor farm tailored to meet the client's needs. At the touch of a button, Babylon delivers a simple yet engaging indoor growing experience. Babylon Micro-Farms is leveraging its remote management technology to develop a complete indoor farming platform that will power a distributed network of micro-farms across North America. They designed a low-cost microfarm to provide nutritious produce for food-insecure refugees in the Middle East. Alexander and Graham were initially inspired by the desire to bring the benefits of sustainable hydroponic farming to those who needed them. They set out to develop technology that would automate the complex aspects of indoor farming and, in doing so, make this transformative method of crop production accessible to anyone.

Seal the Seasons

Series A in 2020
Seal the Seasons is a premium national local frozen food brand that makes locally grown and produced food available 365 days a year. The company builds local supply chain systems across the USA by partnering with local farmers on a state by state basis to preserve, package, market and sell food locally to where it is grown under the Seal the Seasons brand. They distribute their local products wholesale grocery stores across North America, so everyone can access the best of their community's nutritious food while empowering families to support their communities with each purchase. Seal the Seasons creates a new market for local family farmers, allowing them to drastically increase seasonal planting to meet the demand outside of the growing season. Every Seal the Seasons product sold, 90%+ of their product costs go right back to rural communities in your local county, state or region. The local product delivers the consistency and quality that conventional grocery stores now, while also fulfilling the consumers' demand for local produce 365 days a year. Seal the Season was founded in 2014 and is based in Durham, North Carolina, United States.

Aperiomics

Series A in 2020
Aperiomics is the only company of its kind and scope in the world. We are revolutionizing the way that medical professionals around the world identify infections. Supported by the National Science Foundation, Aperiomics identifies every known bacteria, virus, fungus, and parasite through Deep Shotgun Metagenomic Sequencing, using our world renown database containing over 37,000 microbes. We help doctors and their patients identify the causes of infections that other tests cannot identify, thus streamlining the path to a positive clinical outcome. Many patients that we have helped were sick for years with no understanding of why. Patients and their physicians often contact Aperiomics after hearing about our life-changing success stories. Aperiomics was named Life Science Innovator of the Year in 2016 and International Start Up of the Year in 2018.

Altis Biosystems

Seed Round in 2020
Altis Biosystems is a biotechnology company developing research tools for the pharma and biotech industries. The company has developed a patent-pending stem cell technology recreating the human intestinal epithelium for compound screening and microbiome research. Their organ on a chip product produces a layer of human or animal intestinal stem and differentiated cells, either of the small or large intestine. These cells can be used for disease modeling, precision medicine, microbiome research, and compound screening.

PunchListUSA

Funding Round in 2020
PunchListUSA is the first online real estate platform digitizing national home inspection data to create instant repair estimates and online service orders for homeowners, brokers, and institutional investors. The platform is powered by proprietary technology and property data to deliver home repair, renovation and lifecycle services at scale through innovative products, process automation and direct integration with industry partners. Exclusive inspection data access will power end-to-end home lifecycle services and product offerings to homeowners through the PunchListUSA marketplace in its next phase of growth.

Givebacks

Series A in 2020
We’re creating a world where it’s easy to give back to causes you care about, without spending extra money, minutes, or mental load

6AM City

Seed Round in 2020
6AM City provides audience participation and educates and activates the home cities. They are built to engage communities by creating, consuming, participating in, and sharing content. 6AM City produces brief, conversational newsletters steering clear of politics. Serving as a hub for local content, they aim to engage audiences effectively, fostering performance and profitability.

Reveal Mobile

Series A in 2020
Reveal Mobile provides location-based marketing, analytics, and attribution for agencies, brands, media companies, and app publishers. Customizable reporting helps advertisers and agencies easily understand the audiences that visit the locations they care about and the profile of that audience. A powerful user interface makes it easy to build location-based audiences and then reach them through digital advertising and social media. Post-campaign reporting simplifies the process of understanding the increase in foot traffic as a result of the campaigns. The company’s privacy-compliant approach has earned the company membership in the Network Advertising Initiative, undergoing annual privacy certifications. Its platform serves location-based content and creates highly targeted audience segments that enable publishers and developers with mobile audience data to improve their products and advertising performance.

Altis Biosystems

Seed Round in 2019
Altis Biosystems is a biotechnology company developing research tools for the pharma and biotech industries. The company has developed a patent-pending stem cell technology recreating the human intestinal epithelium for compound screening and microbiome research. Their organ on a chip product produces a layer of human or animal intestinal stem and differentiated cells, either of the small or large intestine. These cells can be used for disease modeling, precision medicine, microbiome research, and compound screening.

PunchListUSA

Seed Round in 2019
PunchListUSA is the first online real estate platform digitizing national home inspection data to create instant repair estimates and online service orders for homeowners, brokers, and institutional investors. The platform is powered by proprietary technology and property data to deliver home repair, renovation and lifecycle services at scale through innovative products, process automation and direct integration with industry partners. Exclusive inspection data access will power end-to-end home lifecycle services and product offerings to homeowners through the PunchListUSA marketplace in its next phase of growth.

6AM City

Convertible Note in 2019
6AM City provides audience participation and educates and activates the home cities. They are built to engage communities by creating, consuming, participating in, and sharing content. 6AM City produces brief, conversational newsletters steering clear of politics. Serving as a hub for local content, they aim to engage audiences effectively, fostering performance and profitability.

Zylö Therapeutics

Series A in 2019
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Outdoor Access

Series A in 2019
Outdoor Access is dedicated to making the outdoors more accessible and affordable for all outdoor enthusiasts, and in the process, create a great new way for private landowners to monetize their land. Whether you hunt, fish, camp, hike, or bird watch, we are committed to helping you experience the outdoors in a unique way through exclusive arrangement with private landowners. We are also committed to passing along outdoor traditions to the next generation – that’s why kids under 18 are always free! Outdoor Access members are expected to set the standard for ethical outdoor usage and are expected to respect and strictly adhere to all rules set by the landowner.

Aperiomics

Series A in 2019
Aperiomics is the only company of its kind and scope in the world. We are revolutionizing the way that medical professionals around the world identify infections. Supported by the National Science Foundation, Aperiomics identifies every known bacteria, virus, fungus, and parasite through Deep Shotgun Metagenomic Sequencing, using our world renown database containing over 37,000 microbes. We help doctors and their patients identify the causes of infections that other tests cannot identify, thus streamlining the path to a positive clinical outcome. Many patients that we have helped were sick for years with no understanding of why. Patients and their physicians often contact Aperiomics after hearing about our life-changing success stories. Aperiomics was named Life Science Innovator of the Year in 2016 and International Start Up of the Year in 2018.

HelloPackage

Series A in 2019
Business Description: Package Solutions, Inc. (PS) first product HelloPackage (HPkg) is the world’s most advanced package management system for high-density environments. Our first market is the 75k apartment communities in the U.S. HPkg is a software-based platform integrating carriers, apartment communities, retailers, and residents to greatly enhance efficiency in last mile logistics. In addition to apartment communities, HPkg may be used by student housing, office, retail, condo communities, hotels, and convention centers.

Avadim Health

Series D in 2019
Avadim Technologies is a life sciences company that offers a portfolio of solutions and a strong pipeline across health and wellness areas. Their products improve immune health, neuromuscular health, and skin barrier health.

Get Spiffy

Series C in 2019
Get Spiffy is an on-demand car wash and detailing service. A team of experienced Triangle, NC entrepreneurs are building the World's first on-demand smartphone-powered technology-enabled mobile car wash and detailing service. The app is used for both communication and payment. Additionally, Spiffy is highly concerned about the environment, and all of its washes are eco-friendly.

Treis Blockchain

Convertible Note in 2019
Treis Blockchain, providing distributed blockchain verification services and solutions consulting. The company processes digital currency and other blockchain transactions. It data mines cryptocurrency, preventing cyberattacks in the financial and retail industries. Michael Bolick established the company in Greer, South Carolina in 2017.

Zylö Therapeutics

Seed Round in 2019
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Offsite

Seed Round in 2019
A marketplace and ad placement tool that allows audience owners to monetize the value they’ve created

KIYATEC

Series B in 2019
KIYATEC utilizes the patient’s own living tumor cells to create functional 3D models to test a battery of cancer therapies. Its 3DKUBE technology platform conveniently and cost-effectively incorporates perfusion flow, accommodates all scaffold materials, allows in situ imaging, models complex human biology using segregated cell co‐culture, and is a single-use disposable. 3DKUBE cell‐based assays leverage these features to create better in vitro prediction of complex biochemical responses in humans, with a focus on the evaluation of drug toxicity and efficacy prior to use in human clinical trials.

LUMINELLE

Series C in 2019
UVision360 has created the Luminelle DTx Hysteroscopy System to support the market shift to office based procedures.

Vendor Registry

Convertible Note in 2019
They are a small company, but big on passion and drive. They founded Vendor Registry with the simple purpose of making it easier to do business with your state and local governments and institutions. Too much time is spent filling out repetitive paperwork and too little time is spent taking advantage of new revenue opportunities. Businesses, especially local small businesses, need to generate more sales. Governments are forced to do more with less, which means they need more competitive bids. The vendors' and governments' problems are like a hand in glove. By just eliminating repetition (and automating the rest) and replacing paper with a single web-based tool used by both buyers and suppliers, they've created a win win solution. Vendor Registry is focused on creating this win win solution that generates new revenues for vendors and suppliers, saves time for everyone, and decreases costs for government and institutional purchasing departments. After all, they are spending their taxpayer dollars.

ThreatSwitch

Convertible Note in 2019
ThreatSwitch is Software as a Service (SaaS) for any company subject to strict security regulations. The result for their customers is the lower cost of compliance, increased employee participation in the security program, and reduced overall risk.

KWIPPED

Series A in 2018
KWIPPED develops a B2B online equipment rental and leasing marketplace. Its technology streamlines sourcing from a global network of equipment suppliers reduces risk, assures quality, and facilitates trusted relationships between renters and suppliers.

Sprockets

Seed Round in 2018
Sprockets is a sophisticated software that evaluates potential hires based on the traits of a company’s best employees to determine the right candidate in just a few minutes. There is no guesswork, frustration, or the expense of high turnover. It’s not magic — it’s logic.

Sharpen

Seed Round in 2018
Sharpen improves behavioral health outcomes for families, healthcare providers and employers. We specialize in the prevention, early intervention and treatment of mental health. Our cloud-based platform quickly and affordably deploys content to increase access, decreased tech barriers, increase engagement, and data-gathering capabilities. Our model has shown to (i) decrease risk and increase resilience, (ii) improve the shared protective factors for suicide, mental disorders and trauma, (iii) improve access to and utilization of quality mental health care, (iv) improve treatment outcomes among a variety of populations. Our team has over 75 years of expertise in the medical technology space. populations

Reveal Mobile

Convertible Note in 2018
Reveal Mobile provides location-based marketing, analytics, and attribution for agencies, brands, media companies, and app publishers. Customizable reporting helps advertisers and agencies easily understand the audiences that visit the locations they care about and the profile of that audience. A powerful user interface makes it easy to build location-based audiences and then reach them through digital advertising and social media. Post-campaign reporting simplifies the process of understanding the increase in foot traffic as a result of the campaigns. The company’s privacy-compliant approach has earned the company membership in the Network Advertising Initiative, undergoing annual privacy certifications. Its platform serves location-based content and creates highly targeted audience segments that enable publishers and developers with mobile audience data to improve their products and advertising performance.

ProAxion

Convertible Note in 2018
ProAxion develops a predictive software tool to define the industrial IoT by preventing the unexpected failure of mission-critical machines. The company's innovative products bring the benefits of data-driven operations and maintenance to the millions of machines that keep society running and are helping to define the Industrial Internet of Things.

Proterra

Series G in 2018
Proterra designs and manufactures zero-emission, heavy-duty electric vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. The company’s configurable Catalyst platform is designed to serve the daily mileage needs of a wide range of transit routes on a single charge. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. Proterra's revolutionary battery-electric transit vehicles help fleet operators abandon fossil fuels, improve environmental quality, and reduce operating costs. Together with their customers, they have prevented more than 55 million pounds of greenhouse gases from escaping into the atmosphere and avoided burning some 2 million gallons of fuel. The company was established in 2004 and is based in Burlingame, California, USA.

Emrgy

Convertible Note in 2018
Emrgy designs and deploys modular, scalable hydroelectric solutions. Founded in 2014, Emrgy is a transformational technology company that is redefining hydropower to remain the world’s most reliable, continuous, and cost-effective renewable energy resource in an energy economy shifting to distributed intermittent renewables.

Ecomdash

Convertible Note in 2018
Ecomdash is a software-as-a-service that automates backend operations for ecommerce sellers. Ecomdash streamlines and integrates omni-channel retailers’ inventory, sales orders, product listings and shipping processes across marketplaces like Amazon and eBay as well as ecommerce-ready website platforms like Shopify. Ecomdash gives merchants the ability to grow sales, save time, and increase customer satisfaction.

Vendor Registry

Convertible Note in 2018
They are a small company, but big on passion and drive. They founded Vendor Registry with the simple purpose of making it easier to do business with your state and local governments and institutions. Too much time is spent filling out repetitive paperwork and too little time is spent taking advantage of new revenue opportunities. Businesses, especially local small businesses, need to generate more sales. Governments are forced to do more with less, which means they need more competitive bids. The vendors' and governments' problems are like a hand in glove. By just eliminating repetition (and automating the rest) and replacing paper with a single web-based tool used by both buyers and suppliers, they've created a win win solution. Vendor Registry is focused on creating this win win solution that generates new revenues for vendors and suppliers, saves time for everyone, and decreases costs for government and institutional purchasing departments. After all, they are spending their taxpayer dollars.

6AM City

Debt Financing in 2018
6AM City provides audience participation and educates and activates the home cities. They are built to engage communities by creating, consuming, participating in, and sharing content. 6AM City produces brief, conversational newsletters steering clear of politics. Serving as a hub for local content, they aim to engage audiences effectively, fostering performance and profitability.

Get Spiffy

Series B in 2018
Get Spiffy is an on-demand car wash and detailing service. A team of experienced Triangle, NC entrepreneurs are building the World's first on-demand smartphone-powered technology-enabled mobile car wash and detailing service. The app is used for both communication and payment. Additionally, Spiffy is highly concerned about the environment, and all of its washes are eco-friendly.

Nirvana Science, Inc.

Series B in 2018
Nirvana Sciences is a business that develops technologies. New fluorescent dyes with ultra-narrow emissions are being commercialized, which will improve the efficiency of fluorescence-based medical diagnostic and imaging systems and procedures. Ultra-narrow emission dyes enhance multiplexing capabilities, which are greatly wanted by researchers and produce more accurate data for doctors by reducing detection complexities.

Cirtemo

Venture Round in 2018
CIRTEMO primarily partners with Optical Filter Manufacturers (OFMs) and Optical Component and System Manufacturers (OCSMs). Their Multivariate Optical Element platform allows OFMs and OCSMs the ability to differentiate their offerings with a well-protected IP position to enable their customers to tackle new applications that are not possible with traditional optical filters and coatings.

OBMedical

Convertible Note in 2018
OBMedical was a digital health company with an FDA cleared fetal monitoring system now on the market for hospital use. The company launched a wearable fetal monitor and contraction monitor in 2017 and was sold to Philips Healthcare in late 2018 OBMedical Company, a Delaware corporation, was a medical device company commercializing technology jointly developed by the University of Florida and Convergent Engineering, a biomedical engineering firm. The LaborView sensor system their initial product is a wireless, electrode-based, electronic maternal-fetal monitor sensor replacement system that measures labor contractions and the heart rates of both mother and child. The LaborView sensor system will replace current outdated sensors with more accurate, reliable, and comfortable sensors, enabling a safer and more cost-effective obstetric monitoring system with greater patient satisfaction. It is compatible with legacy electronic fetal monitors.

Atlas Organics

Series A in 2018
Atlas Organics collects and recycles food and yard waste and turning it into organic garden products for use in agricultural, landscaping, and home gardening applications. This is done through public-private partnerships with municipalities. By collecting food waste from grocery stores, large companies, school districts, hospitals, and restaurants in the Upstate and Midlands of SC, Western NC, and Chattanooga TN Atlas is advancing the “table to farm” movement and helping their customers meet sustainability goals. The company was founded in 2013 by Joseph McMillin and Gary Nihart and is headquartered in Spartanburg, South Carolina.

Physcient

Convertible Note in 2018
Physcient develops modern technology for hand-held surgical instruments that enable speedy recovery without changing surgical procedures. It was founded in 2007 by three scientists/executives with over 75 years of experience developing new technologies for the life and health sciences.

Emergo Therapeutics

Series A in 2018
Emergo Therapeutics is a pharmaceutical startup that develops treatment options for flu-like illnesses. It is focused on developing drugs to modulate inflammatory cytokines and improve the functioning of the immune system in various potential indications, starting with infectious diseases. Emergo’s therapeutic interventions are focused on reducing the production of inflammatory cytokines from mast cells. Emergo is headquartered in Durham, North Carolina.

CharlestonPharma,LLC

Seed Round in 2018
CharlestonPharma is focused on developing innovative therapeutic antibodies and related diagnostic tests for cancer patients and healthcare providers. Laboratory studies provide compelling evidence that inhibition of the cell surface target, nucleolin, selectively kills a variety of cancer cells without dose-limiting toxicity to the normal cells of the body. With an exclusive worldwide license from the Medical University of South Carolina (MUSC) for eight specific antibodies as well as the process to make additional fully-human antibodies to this target and worldwide exclusive licenses to the method of treating cancer with an anti-nucleolin antibody and the method for for the diagnosis and prognosis of malignant disease which includes the detection of nucleolin in the cell surface of a patient’s tumor cells tissue biopsy, they are focused on demonstrating preclinical proof of concept for their anti-nucleolin monoclonal antibodies. Research in their laboratories at the Charleston Innovation Center is designed to identify the most promising antibodies for subsequent in vivo studies that will establish preclinical efficacy and safety.

Brightfield Transportation Solutions

Convertible Note in 2018
Brightfield Transportation Solutions uses solar-powered charging stations. They are being developed as an electric vehicle charging technique. DC fast chargers and Level 2 chargers were installed. Nissan, BMW, EVgo, the U.S. Department of Energy, and the NC Department of Commerce collaborated on these installations. This includes planning, siting, installing, operating, and maintaining EV charging stations.

ThreatSwitch

Seed Round in 2018
ThreatSwitch is Software as a Service (SaaS) for any company subject to strict security regulations. The result for their customers is the lower cost of compliance, increased employee participation in the security program, and reduced overall risk.

Seurat Technologies

Series A in 2018
Seurat Technologies is transforming manufacturing for people and our planet. Area Printing by Seurat is the next generation of 3D metal printing designed for high-volume, decarbonized industrial production. By decoupling resolution and speed, Seurat is creating a scalable process that can compete with traditional manufacturing in every way. Seurat’s pioneering approach was originally developed at Lawrence Livermore National Laboratory (LLNL) and has over130 patents granted and pending.

OBMedical

Convertible Note in 2017
OBMedical was a digital health company with an FDA cleared fetal monitoring system now on the market for hospital use. The company launched a wearable fetal monitor and contraction monitor in 2017 and was sold to Philips Healthcare in late 2018 OBMedical Company, a Delaware corporation, was a medical device company commercializing technology jointly developed by the University of Florida and Convergent Engineering, a biomedical engineering firm. The LaborView sensor system their initial product is a wireless, electrode-based, electronic maternal-fetal monitor sensor replacement system that measures labor contractions and the heart rates of both mother and child. The LaborView sensor system will replace current outdated sensors with more accurate, reliable, and comfortable sensors, enabling a safer and more cost-effective obstetric monitoring system with greater patient satisfaction. It is compatible with legacy electronic fetal monitors.

KIYATEC

Convertible Note in 2017
KIYATEC utilizes the patient’s own living tumor cells to create functional 3D models to test a battery of cancer therapies. Its 3DKUBE technology platform conveniently and cost-effectively incorporates perfusion flow, accommodates all scaffold materials, allows in situ imaging, models complex human biology using segregated cell co‐culture, and is a single-use disposable. 3DKUBE cell‐based assays leverage these features to create better in vitro prediction of complex biochemical responses in humans, with a focus on the evaluation of drug toxicity and efficacy prior to use in human clinical trials.

KWIPPED

Convertible Note in 2017
KWIPPED develops a B2B online equipment rental and leasing marketplace. Its technology streamlines sourcing from a global network of equipment suppliers reduces risk, assures quality, and facilitates trusted relationships between renters and suppliers.

Vendor Registry

Convertible Note in 2017
They are a small company, but big on passion and drive. They founded Vendor Registry with the simple purpose of making it easier to do business with your state and local governments and institutions. Too much time is spent filling out repetitive paperwork and too little time is spent taking advantage of new revenue opportunities. Businesses, especially local small businesses, need to generate more sales. Governments are forced to do more with less, which means they need more competitive bids. The vendors' and governments' problems are like a hand in glove. By just eliminating repetition (and automating the rest) and replacing paper with a single web-based tool used by both buyers and suppliers, they've created a win win solution. Vendor Registry is focused on creating this win win solution that generates new revenues for vendors and suppliers, saves time for everyone, and decreases costs for government and institutional purchasing departments. After all, they are spending their taxpayer dollars.

Reveal Mobile

Convertible Note in 2017
Reveal Mobile provides location-based marketing, analytics, and attribution for agencies, brands, media companies, and app publishers. Customizable reporting helps advertisers and agencies easily understand the audiences that visit the locations they care about and the profile of that audience. A powerful user interface makes it easy to build location-based audiences and then reach them through digital advertising and social media. Post-campaign reporting simplifies the process of understanding the increase in foot traffic as a result of the campaigns. The company’s privacy-compliant approach has earned the company membership in the Network Advertising Initiative, undergoing annual privacy certifications. Its platform serves location-based content and creates highly targeted audience segments that enable publishers and developers with mobile audience data to improve their products and advertising performance.

LUMINELLE

Series B in 2017
UVision360 has created the Luminelle DTx Hysteroscopy System to support the market shift to office based procedures.

6AM City

Debt Financing in 2017
6AM City provides audience participation and educates and activates the home cities. They are built to engage communities by creating, consuming, participating in, and sharing content. 6AM City produces brief, conversational newsletters steering clear of politics. Serving as a hub for local content, they aim to engage audiences effectively, fostering performance and profitability.

ProAxion

Seed Round in 2017
ProAxion develops a predictive software tool to define the industrial IoT by preventing the unexpected failure of mission-critical machines. The company's innovative products bring the benefits of data-driven operations and maintenance to the millions of machines that keep society running and are helping to define the Industrial Internet of Things.

PharmRight

Convertible Note in 2017
PharmRight's mission is to provide products and services that maximize medication adherence at home. The Company offers prescribed and non-prescribed medicines and other drugs. They created Livi, a smart home medication dispenser designed for both patients and their caregivers. It simplifies managing multiple medications for patients while giving caregivers much needed support.

ProctorFree

Seed Round in 2017
ProctorFree is a fully automated, on-demand proctoring service that eliminates the need for human proctors. Unlike other companies, ProctorFree turns the computer into the proctor. Using a standard computer, webcam, and microphone, our software tracks specific anomalies that are indicators of cheating behavior. Once testing is complete, a TrustScore is reported to faculty members within minutes detailing what anomalies occurred during testing. The faculty member can log into our system and determine if cheating occurred by reviewing a detailed report with a video recording of the test session. We provide a low cost, effective and convenient proctoring solution that will transform online education by increasing online academic integrity, resulting in increased enrollments and improved public perception of the online education industry as a whole.

Proterra

Series F in 2017
Proterra designs and manufactures zero-emission, heavy-duty electric vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. The company’s configurable Catalyst platform is designed to serve the daily mileage needs of a wide range of transit routes on a single charge. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. Proterra's revolutionary battery-electric transit vehicles help fleet operators abandon fossil fuels, improve environmental quality, and reduce operating costs. Together with their customers, they have prevented more than 55 million pounds of greenhouse gases from escaping into the atmosphere and avoided burning some 2 million gallons of fuel. The company was established in 2004 and is based in Burlingame, California, USA.

Emrgy

Convertible Note in 2017
Emrgy designs and deploys modular, scalable hydroelectric solutions. Founded in 2014, Emrgy is a transformational technology company that is redefining hydropower to remain the world’s most reliable, continuous, and cost-effective renewable energy resource in an energy economy shifting to distributed intermittent renewables.

Get Spiffy

Series A in 2017
Get Spiffy is an on-demand car wash and detailing service. A team of experienced Triangle, NC entrepreneurs are building the World's first on-demand smartphone-powered technology-enabled mobile car wash and detailing service. The app is used for both communication and payment. Additionally, Spiffy is highly concerned about the environment, and all of its washes are eco-friendly.

TiO

Series C in 2017
TiO is the fully customizable smart home solution created with builders in mind

CharlestonPharma,LLC

Seed Round in 2017
CharlestonPharma is focused on developing innovative therapeutic antibodies and related diagnostic tests for cancer patients and healthcare providers. Laboratory studies provide compelling evidence that inhibition of the cell surface target, nucleolin, selectively kills a variety of cancer cells without dose-limiting toxicity to the normal cells of the body. With an exclusive worldwide license from the Medical University of South Carolina (MUSC) for eight specific antibodies as well as the process to make additional fully-human antibodies to this target and worldwide exclusive licenses to the method of treating cancer with an anti-nucleolin antibody and the method for for the diagnosis and prognosis of malignant disease which includes the detection of nucleolin in the cell surface of a patient’s tumor cells tissue biopsy, they are focused on demonstrating preclinical proof of concept for their anti-nucleolin monoclonal antibodies. Research in their laboratories at the Charleston Innovation Center is designed to identify the most promising antibodies for subsequent in vivo studies that will establish preclinical efficacy and safety.

LUMINELLE

Series A in 2017
UVision360 has created the Luminelle DTx Hysteroscopy System to support the market shift to office based procedures.

Vendor Registry

Seed Round in 2017
They are a small company, but big on passion and drive. They founded Vendor Registry with the simple purpose of making it easier to do business with your state and local governments and institutions. Too much time is spent filling out repetitive paperwork and too little time is spent taking advantage of new revenue opportunities. Businesses, especially local small businesses, need to generate more sales. Governments are forced to do more with less, which means they need more competitive bids. The vendors' and governments' problems are like a hand in glove. By just eliminating repetition (and automating the rest) and replacing paper with a single web-based tool used by both buyers and suppliers, they've created a win win solution. Vendor Registry is focused on creating this win win solution that generates new revenues for vendors and suppliers, saves time for everyone, and decreases costs for government and institutional purchasing departments. After all, they are spending their taxpayer dollars.

KWIPPED

Seed Round in 2017
KWIPPED develops a B2B online equipment rental and leasing marketplace. Its technology streamlines sourcing from a global network of equipment suppliers reduces risk, assures quality, and facilitates trusted relationships between renters and suppliers.

Proterra

Series E in 2017
Proterra designs and manufactures zero-emission, heavy-duty electric vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. The company’s configurable Catalyst platform is designed to serve the daily mileage needs of a wide range of transit routes on a single charge. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. Proterra's revolutionary battery-electric transit vehicles help fleet operators abandon fossil fuels, improve environmental quality, and reduce operating costs. Together with their customers, they have prevented more than 55 million pounds of greenhouse gases from escaping into the atmosphere and avoided burning some 2 million gallons of fuel. The company was established in 2004 and is based in Burlingame, California, USA.

Atlas Organics

Convertible Note in 2017
Atlas Organics collects and recycles food and yard waste and turning it into organic garden products for use in agricultural, landscaping, and home gardening applications. This is done through public-private partnerships with municipalities. By collecting food waste from grocery stores, large companies, school districts, hospitals, and restaurants in the Upstate and Midlands of SC, Western NC, and Chattanooga TN Atlas is advancing the “table to farm” movement and helping their customers meet sustainability goals. The company was founded in 2013 by Joseph McMillin and Gary Nihart and is headquartered in Spartanburg, South Carolina.

PharmRight

Convertible Note in 2016
PharmRight's mission is to provide products and services that maximize medication adherence at home. The Company offers prescribed and non-prescribed medicines and other drugs. They created Livi, a smart home medication dispenser designed for both patients and their caregivers. It simplifies managing multiple medications for patients while giving caregivers much needed support.

Target PharmaSolutions

Series A in 2016
TARGET PharmaSolutions was formed in February 2015, based on the success of HCV-TARGET, a case study of the model in Hepatitis C. Formed in 2011 by Dr. Michael Fried (University of North Carolina) and Dr. David Nelson (University of Florida), HCV-TARGET has $27 M committed to date, 6000 patients, and 50 clinical sites. The FDA has entered into a Memo of Understanding with HCV-TARGET and is an active participant on the advisory committee directing the clinical analysis. Through the utilization of this data, one sponsor has expanded their label and others have mitigated costly Phase IV commitments.

Baebies

Series B in 2016
Baebies was founded in 2014 by Richard West and Vamsee Pamula, following the successful development of digital microfluidics technology, the development and launch of multiple products, and the eventual sale of Advanced Liquid Logic to Illumina, Inc. Baebies has now licensed its core technology, acquired product and manufacturing assets, and built seasoned management and technical teams to pursue opportunities in newborn screening and near-patient diagnostic testing. Baebies newborn screening platform, SEEKER, is FDA authorized and CE marked. The FINDER and FINDER 1.5 platforms are CE marked and the FINDER 1.5 SARS-CoV-2 test received emergency use notification from the FDA. Baebies’ digital microfluidics technology is a recipient of multiple awards, including the coveted Disruptive Technology Award from AACC in their ‘search for the next innovative testing solution that will transform patient care Baebies' mission is to save lives and make lives better by bringing new technologies, new tests, and new hope to newborns, patients, and healthcare professionals worldwide.

OBMedical

Seed Round in 2016
OBMedical was a digital health company with an FDA cleared fetal monitoring system now on the market for hospital use. The company launched a wearable fetal monitor and contraction monitor in 2017 and was sold to Philips Healthcare in late 2018 OBMedical Company, a Delaware corporation, was a medical device company commercializing technology jointly developed by the University of Florida and Convergent Engineering, a biomedical engineering firm. The LaborView sensor system their initial product is a wireless, electrode-based, electronic maternal-fetal monitor sensor replacement system that measures labor contractions and the heart rates of both mother and child. The LaborView sensor system will replace current outdated sensors with more accurate, reliable, and comfortable sensors, enabling a safer and more cost-effective obstetric monitoring system with greater patient satisfaction. It is compatible with legacy electronic fetal monitors.

Vendor Registry

Seed Round in 2016
They are a small company, but big on passion and drive. They founded Vendor Registry with the simple purpose of making it easier to do business with your state and local governments and institutions. Too much time is spent filling out repetitive paperwork and too little time is spent taking advantage of new revenue opportunities. Businesses, especially local small businesses, need to generate more sales. Governments are forced to do more with less, which means they need more competitive bids. The vendors' and governments' problems are like a hand in glove. By just eliminating repetition (and automating the rest) and replacing paper with a single web-based tool used by both buyers and suppliers, they've created a win win solution. Vendor Registry is focused on creating this win win solution that generates new revenues for vendors and suppliers, saves time for everyone, and decreases costs for government and institutional purchasing departments. After all, they are spending their taxpayer dollars.

FarmShots

Seed Round in 2016
FarmShots detects diseases, pests, and poor plant nutrition on farms by analyzing satellite and drone imagery.

PharmRight

Convertible Note in 2016
PharmRight's mission is to provide products and services that maximize medication adherence at home. The Company offers prescribed and non-prescribed medicines and other drugs. They created Livi, a smart home medication dispenser designed for both patients and their caregivers. It simplifies managing multiple medications for patients while giving caregivers much needed support.
Brightfield Transportation Solutions uses solar-powered charging stations. They are being developed as an electric vehicle charging technique. DC fast chargers and Level 2 chargers were installed. Nissan, BMW, EVgo, the U.S. Department of Energy, and the NC Department of Commerce collaborated on these installations. This includes planning, siting, installing, operating, and maintaining EV charging stations.

Sensory Analytics

Series A in 2016
Sensory Analytics, LLC develops advanced sensory solutions for precise measurement in various industrial applications, focusing on color and thickness measurement as well as process control. The company's flagship product line, SpecMetrix, includes automated and portable systems that deliver real-time, non-contact measurement of coating thickness, color, and other quality metrics. These systems provide continuous data with high precision, enabling industries such as aerospace, automotive, coatings, electronics, packaging, medical, and pharmaceuticals to enhance quality assurance and optimize production processes. Founded in 2004 and based in Greensboro, North Carolina, Sensory Analytics aims to improve process control and product quality while reducing operational costs through innovative measurement technologies.

Emrgy

Seed Round in 2016
Emrgy designs and deploys modular, scalable hydroelectric solutions. Founded in 2014, Emrgy is a transformational technology company that is redefining hydropower to remain the world’s most reliable, continuous, and cost-effective renewable energy resource in an energy economy shifting to distributed intermittent renewables.

OBMedical

Convertible Note in 2016
OBMedical was a digital health company with an FDA cleared fetal monitoring system now on the market for hospital use. The company launched a wearable fetal monitor and contraction monitor in 2017 and was sold to Philips Healthcare in late 2018 OBMedical Company, a Delaware corporation, was a medical device company commercializing technology jointly developed by the University of Florida and Convergent Engineering, a biomedical engineering firm. The LaborView sensor system their initial product is a wireless, electrode-based, electronic maternal-fetal monitor sensor replacement system that measures labor contractions and the heart rates of both mother and child. The LaborView sensor system will replace current outdated sensors with more accurate, reliable, and comfortable sensors, enabling a safer and more cost-effective obstetric monitoring system with greater patient satisfaction. It is compatible with legacy electronic fetal monitors.

Booster TV, Inc.

Seed Round in 2016
Booster TV is a free mobile app that combines live video with transactions. It helps e-commerce sellers establish better relationships and sell more products.

Target PharmaSolutions

Seed Round in 2016
TARGET PharmaSolutions was formed in February 2015, based on the success of HCV-TARGET, a case study of the model in Hepatitis C. Formed in 2011 by Dr. Michael Fried (University of North Carolina) and Dr. David Nelson (University of Florida), HCV-TARGET has $27 M committed to date, 6000 patients, and 50 clinical sites. The FDA has entered into a Memo of Understanding with HCV-TARGET and is an active participant on the advisory committee directing the clinical analysis. Through the utilization of this data, one sponsor has expanded their label and others have mitigated costly Phase IV commitments.

WorkAmerica

Convertible Note in 2015
WorkAmerica is on a mission to employ every American with a credential in the Trades. We are a recruiting platform that helps employers in the skilled trades industries connect with the in-demand, trained and credentialed talent they need. As traditional skilled trades careers become more technologically advanced, industry dynamics in recruiting and hiring have changed. Bureau of Labor Statistics show a huge market opportunity in helping employers identify qualified candidates. At the same time, there is a huge social need for effectively connecting students and graduates of credentialed training programs with employers.
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