Upstate Carolina Angel Network
30
7M
21
2.14
2
0.23
9
- Stages of investment
- Areas of investment
Summary
In 2008 was created Upstate Carolina Angel Network, which is appeared as VC. The venture was found in North America in United States. The leading representative office of defined VC is situated in the Greenville.
The standard case for the fund is to invest in rounds with 5-6 partakers. Despite the Upstate Carolina Angel Network, startups are often financed by South Carolina Research Authority, Kleiner Perkins, General Motors Ventures. The meaningful sponsors for the fund in investment in the same round are Kleiner Perkins, General Motors Ventures, South Carolina Research Authority. In the next rounds fund is usually obtained by General Motors Ventures, Tao Capital Partners, Kleiner Perkins.
The fund is constantly included in 2-6 deals per year. Considering the real fund results, this VC is 14 percentage points less often commits exit comparing to other organizations. The common things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2014. Opposing the other organizations, this Upstate Carolina Angel Network works on 7 percentage points less the average amount of lead investments. The increased amount of exits for fund were in 2019. When the investment is from Upstate Carolina Angel Network the average startup value is 100-500 millions dollars.
The current fund was established by J.B. Holeman, Tim Reed. Besides them, we counted 1 critical employee of this fund in our database.
For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most successful fund investment fields, there are Analytics, Medical Device. The fund has exact preference in some founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Baebies, Verdeeco, Seurat Technologies.
Investments analytics
Analytics
- Total investments
- 30
- Lead investments
- 2
- Exits
- 9
- Rounds per year
- 2.14
- Follow on index
- 0.23
- Investments by industry
- Manufacturing (9)
- Software (6)
- Renewable Energy (5)
- Public Transportation (5)
- Automotive (5) Show 54 more
- Investments by region
-
- United States (28)
- Peak activity year
- 2014
- Number of Minotaurs
- 1
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 12
- Avg. valuation at time of investment
- 56M
- Group Appearance index
- 0.90
- Avg. company exit year
- 6
- Avg. multiplicator
- 1.88
- Strategy success index
- 0.60
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| The Iron Yard - Crunchbase School Profile & Alumni | 05 Feb 2014 | Education, Developer Tools, Web Design, Web Development | Early Stage Venture | United States, South Carolina, Greenville | |
| Training Meals | 04 Sep 2014 | Food Processing | Seed | United States, New York, New York | |
| Verdeeco | 14 Jul 2011 | Software, Analytics, Enterprise Software, Energy Efficiency | Early Stage Venture | 800K | United States, Atlanta, Georgia |
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