VentureSouth

VentureSouth is a venture capital firm based in Greenville, South Carolina, specializing in startup and early-stage investments. The firm focuses primarily on manufacturing, logistics, and healthcare sectors, targeting opportunities in the Southeastern United States, particularly the Carolinas and surrounding areas. Since its founding, VentureSouth has developed a network of over 550 investors through various angel investment groups, making it one of the largest organizations of its kind in the country. The firm typically invests between $0.25 million and $2 million for a preferred equity stake of 15% to 35%, aiming for companies that can potentially deliver a 50% annualized rate of return within a 3-5 year timeframe. VentureSouth does not engage in common equity or debt investments, and it rarely invests in convertible debt.

Alex Biermann

Associate

Paul Clark

Co-Founder and Managing Director

Dawson Racek

Venture Analyst

Past deals in North Carolina

Get Spiffy

Convertible Note in 2022
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

CureMint

Seed Round in 2021
CureMint, Inc. is a provider of cloud-based procurement software tailored for the dental industry, headquartered in Durham, North Carolina. Founded in 2017, CureMint offers a comprehensive platform that manages the entire procurement lifecycle, enabling dental organizations to streamline purchasing, vendor management, and invoicing processes. Its software features modules that enhance the ordering experience for office staff while providing managers with tools for improved visibility and control over spending. The platform also facilitates the creation and management of custom formularies, allowing organizations to prioritize essential products and establish automated approval workflows. By addressing the fragmented procurement process, CureMint empowers dental practices to make informed purchasing decisions and optimize operational efficiency.

Trio Labs

Venture Round in 2021
Trio Labs is a digital manufacturing technology company based in Durham, North Carolina, specializing in high-volume precision metal and ceramic 3D printing. Founded in 2015, the company focuses on transforming the manufacturing of precision parts by eliminating tooling costs and enhancing the throughput of established production processes. This innovative technology allows engineers to achieve the precision of traditional systems while producing metals and ceramics at increased speeds and affordability compared to conventional manufacturing methods.

Soelect

Venture Round in 2021
Soelect Inc. is a manufacturer of advanced solid-state battery components, specializing in SiO-C-Li composition materials produced through a solid-state process. Established in 2020 and headquartered in Greensboro, North Carolina, the company focuses on developing commercially viable solutions for solid-state batteries that utilize solid electrodes and electrolytes. Soelect's innovative LiX technology features a lithium metal anode designed for fast charging capabilities, making it suitable for a diverse range of applications including electric vehicles, portable electronics, power tools, drones, aircraft, spacecraft, and tactical defense equipment. By offering high energy density and efficiency, Soelect aims to provide cost-effective alternatives to traditional lithium-ion batteries, catering to manufacturers in various sectors.

Redbud Labs

Grant in 2021
Redbud Labs, Inc. specializes in the development and manufacturing of MEMS and microfluidics technologies tailored for the life science industry. The company produces actuated surface-attached posts films, which facilitate the manipulation of fluids, cells, and reagents at the microscale, thereby enhancing mixing efficiency and reducing assay times. Additionally, Redbud Labs is known for its innovative MXR, the first fully modular microfluidic mixer, utilized by leading biotechnology firms to enhance assay performance. The company offers cartridge-based automated sample preparation platforms, which simplify laboratory workflows while maintaining high performance. Founded in 2010 and based in Chapel Hill, North Carolina, Redbud Labs draws on advanced research from the University of North Carolina to provide solutions that address complex microfluidic challenges in research, drug discovery, and diagnostics.

Seal the Seasons

Series A in 2020
Seal the Seasons, Inc. is a frozen food company based in Chapel Hill, North Carolina, founded in 2014. The company specializes in processing, freezing, marketing, and distributing locally grown fruits and vegetables to both consumers and institutional customers. By partnering with local farmers across the United States, Seal the Seasons creates a robust local supply chain that allows them to offer products year-round, including frozen blueberries, broccoli, spinach, and various fruit medleys. The company distributes its products to grocery stores nationwide, enabling consumers to access nutritious local food while supporting their communities. More than 90% of the product costs are returned to rural communities, empowering local farmers to increase seasonal planting to meet year-round demand. Seal the Seasons aims to provide high-quality local produce while catering to the growing consumer demand for accessible, sustainable food options.

Reveal Mobile

Series A in 2020
Reveal Mobile, Inc. is a company that specializes in location-based marketing and analytics, catering to agencies, brands, media companies, and app publishers. Founded in 2004 and based in Raleigh, North Carolina, the company operates a platform that includes solutions such as VISIT Local, which offers foot traffic attribution and audience building, and VISIT Match, designed for instant audience scaling. Additionally, Reveal Mobile provides VISIT Data, a customizable location-data solution for enterprise applications. The platform facilitates the creation of targeted audience segments and enables clients to reach these audiences through various digital advertising channels, including social media. With a strong emphasis on privacy compliance, Reveal Mobile is a member of the Network Advertising Initiative and undergoes annual privacy certifications, ensuring that its services adhere to industry standards. The company's user-friendly interface simplifies audience analytics and post-campaign reporting, allowing clients to effectively measure the impact of their marketing efforts on foot traffic.

Get Spiffy

Convertible Note in 2020
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

Avadim Health

Series D in 2019
Avadim Health is a healthcare and wellness company based in Asheville, North Carolina, specializing in the development, manufacturing, and marketing of topical products for both institutional care and consumer markets. Utilizing its Bionome Engineered Platform, the company focuses on enhancing topical immune health, neuromuscular health, and skin barrier health. Avadim Health offers a range of products designed to alleviate pain, infections, muscle cramps, spasms, symptoms of restless leg syndrome, and joint discomfort. These products are distributed to various retail outlets, including grocery stores and pharmacies, as well as acute-care hospitals, nursing homes, and other long-term care facilities. Additionally, the company provides consulting services and sells its products online. Founded in 2007 and initially known as Avadim Technologies, the company rebranded to Avadim Health in September 2018.

Get Spiffy

Series C in 2019
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

ThreatSwitch

Convertible Note in 2019
ThreatSwitch, Inc. is a provider of business-to-business security compliance software designed to assist organizations in managing their industrial security compliance programs. Founded in 2016 and headquartered in Charlotte, North Carolina, the company's platform allows security professionals to oversee various aspects of personnel management, including access, eligibility, investigations, and training progress. It facilitates self-reporting by employees and automates the tracking of user activities while enabling the creation and management of access requests for visitors. By streamlining compliance processes, ThreatSwitch helps organizations reduce costs, enhance employee engagement in security protocols, and mitigate overall risk. The platform is utilized by facility security officers, security specialists, information system security officers, and other security professionals across industries subject to stringent security regulations.

KWIPPED

Series A in 2018
KWIPPED, Inc. operates an online marketplace that specializes in B2B equipment rental and leasing. Founded in 2011 and based in Wilmington, North Carolina, the platform connects businesses with a global network of equipment suppliers, making it easier to locate and rent specialized equipment for various commercial applications. KWIPPED's technology not only streamlines the sourcing process but also aims to reduce risk and ensure quality, fostering trusted relationships between renters and suppliers. By offering a comprehensive selection of rental equipment, KWIPPED enhances accessibility for businesses seeking reliable solutions for their equipment needs.

Reveal Mobile

Convertible Note in 2018
Reveal Mobile, Inc. is a company that specializes in location-based marketing and analytics, catering to agencies, brands, media companies, and app publishers. Founded in 2004 and based in Raleigh, North Carolina, the company operates a platform that includes solutions such as VISIT Local, which offers foot traffic attribution and audience building, and VISIT Match, designed for instant audience scaling. Additionally, Reveal Mobile provides VISIT Data, a customizable location-data solution for enterprise applications. The platform facilitates the creation of targeted audience segments and enables clients to reach these audiences through various digital advertising channels, including social media. With a strong emphasis on privacy compliance, Reveal Mobile is a member of the Network Advertising Initiative and undergoes annual privacy certifications, ensuring that its services adhere to industry standards. The company's user-friendly interface simplifies audience analytics and post-campaign reporting, allowing clients to effectively measure the impact of their marketing efforts on foot traffic.

ProAxion

Convertible Note in 2018
ProAxion, Inc. is a manufacturer of cloud-connected sensors aimed at enhancing predictive maintenance for industrial machinery. The company has developed TACTIX, a tool designed to remotely monitor the health of rotating machines, thereby helping to prevent unexpected failures of mission-critical equipment. By utilizing low-power sensors and cloud computing technologies, ProAxion enables industrial facilities to improve their uptime and reliability while optimizing the total cost of operations and maintenance. Founded in 2015 and based in Cary, North Carolina, ProAxion's innovative solutions contribute to data-driven operations, addressing the needs of millions of machines integral to societal functions and advancing the Industrial Internet of Things.

Get Spiffy

Series B in 2018
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

Nirvana Science

Series B in 2018
Nirvana Science, Inc. is a company based in Research Triangle Park, North Carolina, focused on developing synthetic bacteriochlorins and fluorescent dyes. Established in 2011, it specializes in creating innovative fluorescent dyes with ultra-narrow emissions, designed to enhance the efficiency of fluorescence-based medical diagnostics and imaging systems. These advanced dyes improve multiplexing capabilities, which are increasingly desired by researchers, leading to more accurate data for medical professionals by simplifying detection processes.

Atlas Organics

Series A in 2018
Atlas Organics Inc. is a company that specializes in organics recycling, focusing on the collection and recycling of food and yard waste. Founded in 2013 and headquartered in Spartanburg, South Carolina, Atlas Organics operates in regions including San Antonio, Texas, and various areas in South Carolina, North Carolina, and Tennessee. The company partners with municipalities to collect food waste from various sources such as grocery stores, hospitals, and schools, thereby advancing sustainability initiatives. Atlas Organics transforms this waste into organic compost products suitable for agricultural, landscaping, and home gardening applications. By promoting the "table to farm" movement, Atlas Organics helps its clients achieve their sustainability goals while diverting compostable materials from landfills. The company's composting facilities produce valuable nutrients that enhance soil health, supporting both environmental and agricultural practices.

Physcient

Convertible Note in 2018
Physcient, Inc. is a manufacturer of surgical instruments, specializing in the Differential Dissector, which is designed for blunt dissection. This device is utilized in various surgical fields, including plastic surgery and general surgery procedures such as thoracic, gastrointestinal, gynecological, urological, peripheral vascular, and orthopedic surgeries. Founded in 2007 and headquartered in Durham, North Carolina, Physcient focuses on developing modern technology for hand-held surgical instruments that facilitate quicker recovery without altering existing surgical techniques. The company's founders bring over 75 years of combined experience in advancing technologies within the life and health sciences.

Emergo Therapeutics

Series A in 2018
Emergo Therapeutics, Inc. is a pharmaceutical company based in Durham, North Carolina, founded in 2016. The company focuses on developing therapeutic drugs aimed at modulating inflammatory cytokines and enhancing immune system function. Its primary product in development is norketotifen, which is intended for the treatment of uncomplicated influenza and flu-like illnesses. Emergo Therapeutics seeks to reduce the production of inflammatory cytokines from mast cells, with a broader goal of addressing various infectious diseases and improving health outcomes related to inflammation.

Brightfield Transportation Solutions

Convertible Note in 2018
Brightfield Transportation Solutions, Inc. manufactures and sells electric vehicle charging stations, focusing on solar-powered technology. Established in 2005 and based in Asheville, North Carolina, the company serves a variety of markets, including electric utilities, workplaces, retail spaces, universities, and municipalities. Brightfield specializes in the installation of DC fast chargers and Level 2 chargers, collaborating with notable partners such as Nissan, BMW, EVgo, the U.S. Department of Energy, and the North Carolina Department of Commerce. Its operations encompass the planning, siting, installation, operation, and maintenance of these electric vehicle charging stations, contributing to the growth of sustainable transportation infrastructure.

ThreatSwitch

Seed Round in 2018
ThreatSwitch, Inc. is a provider of business-to-business security compliance software designed to assist organizations in managing their industrial security compliance programs. Founded in 2016 and headquartered in Charlotte, North Carolina, the company's platform allows security professionals to oversee various aspects of personnel management, including access, eligibility, investigations, and training progress. It facilitates self-reporting by employees and automates the tracking of user activities while enabling the creation and management of access requests for visitors. By streamlining compliance processes, ThreatSwitch helps organizations reduce costs, enhance employee engagement in security protocols, and mitigate overall risk. The platform is utilized by facility security officers, security specialists, information system security officers, and other security professionals across industries subject to stringent security regulations.

KWIPPED

Convertible Note in 2017
KWIPPED, Inc. operates an online marketplace that specializes in B2B equipment rental and leasing. Founded in 2011 and based in Wilmington, North Carolina, the platform connects businesses with a global network of equipment suppliers, making it easier to locate and rent specialized equipment for various commercial applications. KWIPPED's technology not only streamlines the sourcing process but also aims to reduce risk and ensure quality, fostering trusted relationships between renters and suppliers. By offering a comprehensive selection of rental equipment, KWIPPED enhances accessibility for businesses seeking reliable solutions for their equipment needs.

Reveal Mobile

Convertible Note in 2017
Reveal Mobile, Inc. is a company that specializes in location-based marketing and analytics, catering to agencies, brands, media companies, and app publishers. Founded in 2004 and based in Raleigh, North Carolina, the company operates a platform that includes solutions such as VISIT Local, which offers foot traffic attribution and audience building, and VISIT Match, designed for instant audience scaling. Additionally, Reveal Mobile provides VISIT Data, a customizable location-data solution for enterprise applications. The platform facilitates the creation of targeted audience segments and enables clients to reach these audiences through various digital advertising channels, including social media. With a strong emphasis on privacy compliance, Reveal Mobile is a member of the Network Advertising Initiative and undergoes annual privacy certifications, ensuring that its services adhere to industry standards. The company's user-friendly interface simplifies audience analytics and post-campaign reporting, allowing clients to effectively measure the impact of their marketing efforts on foot traffic.

ProAxion

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

Get Spiffy

Series A in 2017
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

KWIPPED

Seed Round in 2017
KWIPPED, Inc. operates an online marketplace that specializes in B2B equipment rental and leasing. Founded in 2011 and based in Wilmington, North Carolina, the platform connects businesses with a global network of equipment suppliers, making it easier to locate and rent specialized equipment for various commercial applications. KWIPPED's technology not only streamlines the sourcing process but also aims to reduce risk and ensure quality, fostering trusted relationships between renters and suppliers. By offering a comprehensive selection of rental equipment, KWIPPED enhances accessibility for businesses seeking reliable solutions for their equipment needs.

Atlas Organics

Convertible Note in 2017
Atlas Organics Inc. is a company that specializes in organics recycling, focusing on the collection and recycling of food and yard waste. Founded in 2013 and headquartered in Spartanburg, South Carolina, Atlas Organics operates in regions including San Antonio, Texas, and various areas in South Carolina, North Carolina, and Tennessee. The company partners with municipalities to collect food waste from various sources such as grocery stores, hospitals, and schools, thereby advancing sustainability initiatives. Atlas Organics transforms this waste into organic compost products suitable for agricultural, landscaping, and home gardening applications. By promoting the "table to farm" movement, Atlas Organics helps its clients achieve their sustainability goals while diverting compostable materials from landfills. The company's composting facilities produce valuable nutrients that enhance soil health, supporting both environmental and agricultural practices.

Target PharmaSolutions

Series A in 2016
TARGET PharmaSolutions, Inc. specializes in providing real-world data solutions to enhance drug development and commercialization processes. Established in 2015 in Durham, North Carolina, the company focuses on creating custom datasets and analyses to address complex healthcare evidence questions. TARGET PharmaSolutions offers comprehensive health evidence solutions that aggregate real-world data from a network of participating sites, alongside bio specimen samples and consulting services. The company emerged from the success of HCV-TARGET, a model developed for Hepatitis C that has garnered significant investment and involvement from the FDA. This background has positioned TARGET PharmaSolutions to effectively support sponsors in expanding product labels and reducing the need for costly Phase IV studies.

Baebies

Series B in 2016
Baebies, Inc. is a company based in Durham, North Carolina, that specializes in manufacturing screening and pediatric testing equipment for newborns. Founded in 2014 by Richard West and Vamsee Pamula, Baebies developed its newborn screening platform, SEEKER, which is FDA authorized and CE marked. SEEKER enables the simultaneous performance of multiple assays to quantitatively measure the activity of lysosomal enzymes from a single dried blood spot specimen. Additionally, the company produces the FINDER near-patient testing equipment, which also holds CE marking, and the FINDER 1.5 platform, which includes a SARS-CoV-2 test with emergency use notification from the FDA. Baebies utilizes digital microfluidics technology, allowing for efficient diagnostics from low-volume samples, and aims to enhance early disease detection for both children and adults. The company serves hospitals and public health labs, focusing on improving newborn health outcomes and providing innovative diagnostic solutions.

FarmShots

Seed Round in 2016
FarmShots LLC, founded in 2014 and based in Durham, North Carolina, focuses on improving agricultural productivity through advanced technology. The company has developed an online platform that utilizes satellite and drone imagery to detect diseases, pests, and poor plant nutrition on farms. By providing farmers with timely and accurate information, FarmShots aims to enhance crop management and overall farm health. As of February 2018, FarmShots operates as a subsidiary of Syngenta Corporation.

Brightfield Transportation Solutions

Seed Round in 2016
Brightfield Transportation Solutions, Inc. manufactures and sells electric vehicle charging stations, focusing on solar-powered technology. Established in 2005 and based in Asheville, North Carolina, the company serves a variety of markets, including electric utilities, workplaces, retail spaces, universities, and municipalities. Brightfield specializes in the installation of DC fast chargers and Level 2 chargers, collaborating with notable partners such as Nissan, BMW, EVgo, the U.S. Department of Energy, and the North Carolina Department of Commerce. Its operations encompass the planning, siting, installation, operation, and maintenance of these electric vehicle charging stations, contributing to the growth of sustainable transportation infrastructure.

Sensory Analytics

Series A in 2016
Sensory Analytics, LLC specializes in developing advanced sensory solutions for measuring coating thickness and color in various industries, including aerospace, automotive, coatings, electronics, packaging, medical, and pharmaceuticals. The company offers a range of SpecMetrix systems that provide real-time, non-contact measurement capabilities for both in-process and laboratory applications. These systems deliver precise data on coating thickness, achieving accuracy down to sub-micron levels, which enhances process control and product quality while reducing costs. Sensory Analytics' technology is designed for easy setup and can be used on various substrates, making it suitable for both production environments and quality assurance settings. Founded in 2004 and headquartered in Greensboro, North Carolina, Sensory Analytics continues to innovate in the field of measurement solutions.

Target PharmaSolutions

Seed Round in 2016
TARGET PharmaSolutions, Inc. specializes in providing real-world data solutions to enhance drug development and commercialization processes. Established in 2015 in Durham, North Carolina, the company focuses on creating custom datasets and analyses to address complex healthcare evidence questions. TARGET PharmaSolutions offers comprehensive health evidence solutions that aggregate real-world data from a network of participating sites, alongside bio specimen samples and consulting services. The company emerged from the success of HCV-TARGET, a model developed for Hepatitis C that has garnered significant investment and involvement from the FDA. This background has positioned TARGET PharmaSolutions to effectively support sponsors in expanding product labels and reducing the need for costly Phase IV studies.

Atlas Organics

Seed Round in 2015
Atlas Organics Inc. is a company that specializes in organics recycling, focusing on the collection and recycling of food and yard waste. Founded in 2013 and headquartered in Spartanburg, South Carolina, Atlas Organics operates in regions including San Antonio, Texas, and various areas in South Carolina, North Carolina, and Tennessee. The company partners with municipalities to collect food waste from various sources such as grocery stores, hospitals, and schools, thereby advancing sustainability initiatives. Atlas Organics transforms this waste into organic compost products suitable for agricultural, landscaping, and home gardening applications. By promoting the "table to farm" movement, Atlas Organics helps its clients achieve their sustainability goals while diverting compostable materials from landfills. The company's composting facilities produce valuable nutrients that enhance soil health, supporting both environmental and agricultural practices.

Nirvana Science

Series A in 2015
Nirvana Science, Inc. is a company based in Research Triangle Park, North Carolina, focused on developing synthetic bacteriochlorins and fluorescent dyes. Established in 2011, it specializes in creating innovative fluorescent dyes with ultra-narrow emissions, designed to enhance the efficiency of fluorescence-based medical diagnostics and imaging systems. These advanced dyes improve multiplexing capabilities, which are increasingly desired by researchers, leading to more accurate data for medical professionals by simplifying detection processes.

RivalHealth

Series A in 2015
RivalHealth is a wellness platform based in Raleigh, North Carolina, focused on promoting fitness and nutrition among employees. The platform engages users through daily exercise and nutrition activities, fostering sustained participation via social interactions, challenges, and incentives. RivalHealth serves corporations, schools, and organizations seeking effective and sustainable wellness solutions, emphasizing long-term health outcomes for participants.

Baebies

Series A in 2015
Baebies, Inc. is a company based in Durham, North Carolina, that specializes in manufacturing screening and pediatric testing equipment for newborns. Founded in 2014 by Richard West and Vamsee Pamula, Baebies developed its newborn screening platform, SEEKER, which is FDA authorized and CE marked. SEEKER enables the simultaneous performance of multiple assays to quantitatively measure the activity of lysosomal enzymes from a single dried blood spot specimen. Additionally, the company produces the FINDER near-patient testing equipment, which also holds CE marking, and the FINDER 1.5 platform, which includes a SARS-CoV-2 test with emergency use notification from the FDA. Baebies utilizes digital microfluidics technology, allowing for efficient diagnostics from low-volume samples, and aims to enhance early disease detection for both children and adults. The company serves hospitals and public health labs, focusing on improving newborn health outcomes and providing innovative diagnostic solutions.

Virtual Event Bags

Convertible Note in 2014
Virtual Event Bags is an online platform for event directors to efficiently deliver sponsor messages to event participants. It helps its users create and manage digital content, invite participants, and report on the performance of each sponsor message. Virtual Event Bags was launched in 2010 and is based in Charlotte, North Carolina.

Avadim Health

Series C in 2014
Avadim Health is a healthcare and wellness company based in Asheville, North Carolina, specializing in the development, manufacturing, and marketing of topical products for both institutional care and consumer markets. Utilizing its Bionome Engineered Platform, the company focuses on enhancing topical immune health, neuromuscular health, and skin barrier health. Avadim Health offers a range of products designed to alleviate pain, infections, muscle cramps, spasms, symptoms of restless leg syndrome, and joint discomfort. These products are distributed to various retail outlets, including grocery stores and pharmacies, as well as acute-care hospitals, nursing homes, and other long-term care facilities. Additionally, the company provides consulting services and sells its products online. Founded in 2007 and initially known as Avadim Technologies, the company rebranded to Avadim Health in September 2018.

Southeast TechInventures

Series A in 2014
Southeast TechInventures, founded in 2003 and based in Durham, North Carolina, is a technology accelerator focused on transforming scientific breakthroughs into market-ready products and services. The company collaborates with inventors to expedite the commercialization of technologies and intellectual property across various sectors, including medical devices, diagnostics, biotechnology, nanotechnology, materials, electronics, and agricultural biotechnology. Utilizing its proprietary TechInventures Accelerator Process, Southeast TechInventures partners with universities, research organizations, government agencies, private investors, and corporate entities to provide essential structure, guidance, and funding for new technology ventures. Their operating model supports portfolio technologies by facilitating intellectual property licensing, assisting in further development, establishing spin-off companies, and offering business mentorship and financing connections to ensure a swift path to market for new innovations.

Avadim Health

Series B in 2013
Avadim Health is a healthcare and wellness company based in Asheville, North Carolina, specializing in the development, manufacturing, and marketing of topical products for both institutional care and consumer markets. Utilizing its Bionome Engineered Platform, the company focuses on enhancing topical immune health, neuromuscular health, and skin barrier health. Avadim Health offers a range of products designed to alleviate pain, infections, muscle cramps, spasms, symptoms of restless leg syndrome, and joint discomfort. These products are distributed to various retail outlets, including grocery stores and pharmacies, as well as acute-care hospitals, nursing homes, and other long-term care facilities. Additionally, the company provides consulting services and sells its products online. Founded in 2007 and initially known as Avadim Technologies, the company rebranded to Avadim Health in September 2018.

Physcient

Series A in 2013
Physcient, Inc. is a manufacturer of surgical instruments, specializing in the Differential Dissector, which is designed for blunt dissection. This device is utilized in various surgical fields, including plastic surgery and general surgery procedures such as thoracic, gastrointestinal, gynecological, urological, peripheral vascular, and orthopedic surgeries. Founded in 2007 and headquartered in Durham, North Carolina, Physcient focuses on developing modern technology for hand-held surgical instruments that facilitate quicker recovery without altering existing surgical techniques. The company's founders bring over 75 years of combined experience in advancing technologies within the life and health sciences.

Avadim Health

Series A in 2013
Avadim Health is a healthcare and wellness company based in Asheville, North Carolina, specializing in the development, manufacturing, and marketing of topical products for both institutional care and consumer markets. Utilizing its Bionome Engineered Platform, the company focuses on enhancing topical immune health, neuromuscular health, and skin barrier health. Avadim Health offers a range of products designed to alleviate pain, infections, muscle cramps, spasms, symptoms of restless leg syndrome, and joint discomfort. These products are distributed to various retail outlets, including grocery stores and pharmacies, as well as acute-care hospitals, nursing homes, and other long-term care facilities. Additionally, the company provides consulting services and sells its products online. Founded in 2007 and initially known as Avadim Technologies, the company rebranded to Avadim Health in September 2018.

Virtual Event Bags

Series A in 2012
Virtual Event Bags is an online platform for event directors to efficiently deliver sponsor messages to event participants. It helps its users create and manage digital content, invite participants, and report on the performance of each sponsor message. Virtual Event Bags was launched in 2010 and is based in Charlotte, North Carolina.
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