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Investor type Angel Group
Founders Charlie Banks Matt Dunbar Paul Clark


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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 148
Average round size
The average size of a deal this fund participated in
Portfolio companies 71
Rounds per year 16.44
Lead investments 15
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 9
Key employees 3
Stages of investment
Early Stage Venture

Areas of investment

  • Biotechnology
  • Health Care
  • Software
  • Medical
  • SaaS

In 2014 was created VentureSouth, which is appeared as VC. The main office of represented VC is situated in the Greenville. The fund was located in North America if to be more exact in United States.

The typical case for the fund is to invest in rounds with 1-2 participants. Despite the VentureSouth, startups are often financed by South Carolina Research Authority, Windspeed Ventures, Sunbridge Partners. The meaningful sponsors for the fund in investment in the same round are Palmetto Angel 2014 Fund, Wolfpack Investor Network, Tao Capital Partners. In the next rounds fund is usually obtained by South Carolina Research Authority, General Motors Ventures, Tao Capital Partners.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. We can highlight the next thriving fund investment areas, such as Medical, Manufacturing. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Baebies, Verdeeco, Seurat Technologies. The fund has exact preference in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low.

The fund was created by Charlie Banks, Matt Dunbar, Paul Clark, Paul Clark. We also calculated 3 valuable employees in our database.

The usual things for fund are deals in the range of 1 - 5 millions dollars. The typical startup value when the investment from VentureSouth is 100-500 millions dollars. The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. The top amount of exits for fund were in 2018. The fund is constantly included in 7-12 deals per year. Speaking about the real fund results, this VC is 0 percentage points less often commits exit comparing to other organizations. This VentureSouth works on 21 percentage points less the average amount of lead investments comparing to the other organizations.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


Health Diagnostics
Life Science
$18M12 Dec 2022 Greenville, South Carolina, United States


Food and Beverage
Health Care
01 Dec 2022 Charleston, South Carolina, United States

Punch List

Home Renovation
Mobile Apps
Real Estate
$39M27 Jul 2022 Charleston, South Carolina, United States

Zylö Therapeutics

Health Care
$5M03 Jun 2022 Greenville, South Carolina, United States

Punch List

Home Renovation
Mobile Apps
Real Estate
11 Apr 2022 Charleston, South Carolina, United States


Artificial Intelligence
$10M28 Mar 2022 South Carolina, United States

Gradient Health, Inc

Health Care
Machine Learning
$2M23 Feb 2022 Durham, North Carolina, United States

Case Status

Cloud Data Services
Legal Tech
Professional Services
Real Time
$3M29 Jan 2022 Charleston, South Carolina, United States

Case Status

Cloud Data Services
Legal Tech
Professional Services
Real Time
$3M21 Jan 2022 Charleston, South Carolina, United States
Pass It Down Raises Nearly $2M in Funding

– Pass It Down is a digital storytelling company based in Baton Rouge.
– Company raised nearly $2m in funding.
– The round was led by VentureSouth, with participation from Cultivation Capital, Techstars, Red Stick Angels and Acadian Capital Ventures.
– The new investment will be used to create and launch Iconic Moments, an NFT marketplace exclusively for the world’s museums and cultural institutions, in the fourth quarter of 2021.


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