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Carolina Angel Network

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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 13
Average round size
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The average size of a deal this fund participated in
$7M
Portfolio companies 11
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.15
Key employees Soon

Areas of investment

  • Pharmaceutical
  • Medical
  • Health Care
  • Therapeutics
  • Biotechnology
Summary

The fund is constantly included in less than 2 investment rounds annually. The usual things for fund are deals in the range of 5 - 10 millions dollars. The top activity for fund was in 2018.

The usual cause for the fund is to invest in rounds with 6 partakers. Despite the Carolina Angel Network, startups are often financed by Propel(X), Pilot Mountain Ventures, Charlotte Angel Fund. The meaningful sponsors for the fund in investment in the same round are Wolfpack Investor Network, Triangle Angel Partners, Duke Angel Network. In the next rounds fund is usually obtained by VCapital, Two Sigma Ventures, Triangle Venture Alliance.

Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular fund investment industries, there are Security, Medical Device. Among the most popular portfolio startups of the fund, we may highlight Alievio, Emergo Therapeutics, Pryon. The fund has exact preference in some founders of portfolio startups.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Carolina Angel Network:
Typical Co-investors
Carolina Angel Network is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Carolina Angel Network:
There are no funds here. If we find new data, we will add it here.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Gemelli Biotech

Biotechnology
Health Diagnostics
Pharmaceutical
$19M22 Jun 2022 Raleigh, North Carolina, United States

SWIR Vision Systems

Electronics
Manufacturing
Mobile
Sensor
$5M19 Oct 2021 Durham, North Carolina, United States

Revibe Technologies

Children
Education
Therapeutics
$3M15 Apr 2021 Durham, North Carolina, United States

EternaTear

Health Care
Medical
Pharmaceutical
Therapeutics
$4M11 Oct 2020 Raleigh, North Carolina, United States

The Looma Project

Marketing
$2M19 Jun 2020 Durham, North Carolina, United States

Second Nature

B2B
B2C
Delivery Service
E-Commerce
Subscription Service
$16M25 Mar 2020 Raleigh, North Carolina, United States

Pryon

Artificial Intelligence
Knowledge Management
Machine Learning
Natural Language Processing
SaaS
Security
$4M13 Nov 2018 Raleigh, North Carolina, United States

Roobrik

Elder Care
Health Care
$1M11 Sep 2018 Greensboro, North Carolina, United States

Emergo Therapeutics

Biopharma
Biotechnology
Clinical Trials
Pharmaceutical
$12M23 May 2018 Durham, North Carolina, United States
News
Revibe Technologies, Maker of a Wearable Device Being Developed for ADHD and Autism, Secures Over $3 Million in Funding, Appoints CEO as Company Enters New Growth Phase

– Revibe has raised over $3m from Carolina Angel Network and other investors.
– Revibe is the maker of a wearable device being developed for ADHD and Autism.
– The device is the Revibe Connect smartwatch.
– The smartwatch uses an algorithm controlled by artificial intelligence to send vibration signals to the wearer reminding them to stay focused and achieve their best work independently.
– Revibe has been adopted by multiple school systems across the United States, including New York City, Denver, and Wake County, NC.

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Total investments 13
Average round size 7M
Peak activity year 2018
Lead investments 2
Follow on index 0.15
Group Appearance index 0.77

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Gemelli Biotech

Biotechnology
Health Diagnostics
Pharmaceutical
$19M22 Jun 2022 Raleigh, North Carolina, United States

SWIR Vision Systems

Electronics
Manufacturing
Mobile
Sensor
$5M19 Oct 2021 Durham, North Carolina, United States

Revibe Technologies

Children
Education
Therapeutics
$3M15 Apr 2021 Durham, North Carolina, United States

EternaTear

Health Care
Medical
Pharmaceutical
Therapeutics
$4M11 Oct 2020 Raleigh, North Carolina, United States

The Looma Project

Marketing
$2M19 Jun 2020 Durham, North Carolina, United States

Second Nature

B2B
B2C
Delivery Service
E-Commerce
Subscription Service
$16M25 Mar 2020 Raleigh, North Carolina, United States

Pryon

Artificial Intelligence
Knowledge Management
Machine Learning
Natural Language Processing
SaaS
Security
$4M13 Nov 2018 Raleigh, North Carolina, United States

Roobrik

Elder Care
Health Care
$1M11 Sep 2018 Greensboro, North Carolina, United States

Emergo Therapeutics

Biopharma
Biotechnology
Clinical Trials
Pharmaceutical
$12M23 May 2018 Durham, North Carolina, United States
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