Venture Capital Funds Active in North Carolina
Alliance Technology Ventures
8995 Westside Parkway, Suite 200
Alpharetta, GA 30004
info@atv.com
www.atv.com
A. M. Pappas Associates
PO Box 14112
Research Triangle Park, NC 27709
919/361-4990
Contact: Ford S. Worthy, VP Staff Operations
fworthy@ampappas.com
www.ampappas.com/fund.html
The Aurora Funds, Inc.
2525 Meridian Parkway, Suite 220
Durham, NC 27713
919/484-0400
Contact: M. Scott Albert, salbert@aurorafunds.com
www.aurorafunds.com
Bank of America Capital Investors
Bank of America Corporate Center
100 North Tryon Street, 10th Floor
Charlotte, NC 28255
704/386-8436
Contact: Chet Walker
BD Ventures, LLC
1 Becton Drive
Franklin Lakes, NJ 07417
201/847-6800
Contact: William Rhodes, william_rhodes@bd.com
Blue Point Capital Partners
227 West Trade Street, Suite 1840
Charlotte, NC 28202
704/347-1111 x15
Contact: Shannon Smith, sgskey@vnet.net
www.bluepointcapital.com
*Please note that no further information was available at time of printing
Carolinas Capital Investment Corp.
1408 Biltmore Drive
Charlotte, NC 28207
704/375-3888
Contact: Edward S. Goode, ed@carolinascapital.com
Carousel Capital
201 North Tryon Street, Suite 2450
Charlotte, NC 28202
704/372-2040
Contact: Brian D. Bailey, Managing Director, bbailey@carouselcap.com
www.carouselcap.com
Centennial Venture Partners, LLC
920 Main Campus Drive, Suite 400
Raleigh, NC 27606
919/424-3777
Contact: Glenn Kline, gkline@ncventure.com
Purpose: To invest in companies commercializing technologies developed at North Carolina State University or affiliated with the University.
Centura Capital
200 Providence Road, Suite 300
Charlotte, NC 28207
704/686-1587
Contact: Rob Mitchell, rmitchell@centura.com
www.centura.com
CIT Venture Capital
44 Whippany Road, Suite 140
Morristown, NJ 07960
973/401-6703
Contact: Colby Collier, Managing Director, colby.collier@cit.com
973/401-6704
Contact: Ken Walters, Vice President, kenneth.walters@cit.com
Deutche Banc Alex Brown
200 West Second Street, Suite 500
Winston-Salem, NC 27101
336/724-6921
Contact: Charles Corpening, charles.corpening@db.com
DCC Growth Fund
510 King Street, Suite 311
Alexandria, VA 22314
703/548-3226
Contact: Wayne Foren, dccgrowth@aol.com
divine interVentures
4225 Napierville Rd.
Lisle, IL 60532
312/799-7500
info@divine.com
www.divine.com
Eno River Capital, LLC
Bioscience Investment Fund
905 W. Main St., Suite 25-B, Box 44
Durham, NC 27701
919/680-4511
Contacts: Paul Jones, pajones@enorivercapital.com
or
Daniel Egger, deegger@enorivercapital.com
www.enorivercapital.com
Forsyth Management Company
380 Knollwood Street, Suite 410
Winston-Salem, NC 27103-1834
336/748-1200
Contact: O. Roane Cross Jr. forsythmgt@aol.com
Franklin Street / Fairview Capital, LLC
702 Oberlin Road, Suite 150
Raleigh, NC 27605
919/743-2525
Contact: James Lumsden, jlumsden@thehalifaxgroup.com
www.fairview.com
Frontier Capital, LLC
1100 Kenilworth Avenue, Suite 200
Charlotte, NC 28204
704/414-2880
Contact: Richard Maclean
info@frontiercapital_llc.com
www.frontiercapital_llc.com
FullSail Partners
401 South Tryon Street, Suite 2240
Charlotte, NC 28202
704/945-0700
Contacts: Brian Beauchemin, bbeauchemin@fullsailpartners.com
or
Jeffrey Levinson, General Partner, jlevinson@fullsailpartners.com
or
Jennifer Micus, Associate, jmicus@fullsailpartners.com
Fusion Ventures, LLC
112 South Duke Street, Suite 4
Durham, NC 27701
919/688-7744 x3100
Contact: Eric Gregg, eric@fusionventures.com
www.fusionventures.com
Gardner Ventures
102 Anna Lake
Cary, NC 27513
919/463-7758
Contact: David Gardner
Geneva Merchant Banking Partners
PO Box 21962
Greensboro, NC 27420
336/275-7002
Contact: Kevin Jessup, kjessup@genevamerchantbank.com
www.genevamerchantbank.com
Glenwood Venture Partners
2016 Cameron Street, Suite 224
Raleigh, NC 27605
919/835-9073
Contact: Jim Blount
Gray Ventures
3330 Cumberland Boulevard, Suite 625
Atlanta, GA 30339
770/240-1505
Contact: Bernard Gray, Bernard@grayventures.com
The Halifax Group
702 Oberlin Road, Suite 150
Raleigh, NC 27605
919/743-2529
Contact: James D. Lumsden, jlumsden@thehalifaxgroup.com
Intersouth Partners
3211 Shannon Road, Suite 610
Durham, NC 27707
919/493-6640
Contacts: Dennis Dougherty, denis@intersouth.com
or
Mitch Mumma, mitch@intersouth.com
www.intersouth.com
Kitty Hawk Capital
2700 Coltsgate Road, Suite 202
Charlotte, NC 28211
704/362-3909
Contact: Chris Hegele, chris@kittyhawkcapital.com
www.kittyhawkcapital.com
Linux Global Partners
177 East 79th Street
New York, NY 10021
212/333-8660
Contacts: William Rosen, Roseman@LinuxGlobalPartners.com
or
Rick Bernstein, Berenstein@LinuxGlobalPartners.com
www.linuxglobalpartners.com
Longleaf Venture Fund
101 North Chestnut Street, #103
Winston-Salem, NC 27101
336/748-9909
Contact: Matt Crawford, mcrawford@longleafventures.com
www.longleafventures.com
Massey Burch Capital Corp.
One Burton Hills Blvd., Suite 350
Nashville, TN 37215
615/665-3228
Contact: Teresa Core, tcore@masseyburch.com
www.masseyburch.com
NC Technological Development Authority
PO Box 13169
Research Triangle Park, NC 27709
919/990-8558
Contact: Chris Kelley, ckelley@tda.nctda.org
Purpose: To invest in companies with high-growth, job-creation potential.
www.nctda.org
Palisade Ventures
PO Box 70
Raleigh, NC 27602-0070
919/883-4400
Contact: Roger Brook, rbrook@carofin.com
www.carofin.com
Piedmont Venture Partners, LP
6805 Morrison Boulevard, Suite 380
Charlotte, NC 28211
704/365-2575
Contact: Stacy Anderson, sanderson@piedmontvp.com
Minor Hinson, mhinson@piedmontvp.com
Bill Neal, wneal@piedmontvp.com
www.piedmontvp.com
PTEK
3399 Peachtree Road NE, Suite 600
Atlanta, GA 30326
404/262-8400
Contact: ptekventures@ptek.com
www.ptekventures.com
Red Hat Ventures
2600 Meridian Parkway
Durham, NC 27713
919/547-0012
Contact: ventures@redhat.com
www.redhat.com/ventures
Redleaf Group
3737 Glenwood Avenue, Suite 100
Raleigh, NC 27612
919/781-0035
Contact: Michael R. Carney, mcarney@redleaf.com
www.redleaf.com
Remington Capital Partners, LLC
5955 Carnegie Boulevard, Suite 125
Charlotte, NC 28209
704/556-7200
Contact: Jay Carter, jay@remingtoncapital.com
www.remingtoncapital.com
River Cities Capital Fund
3737 Glenwood Avenue, Suite 100
Raleigh, NC 27612
919/573-6111
Contact: Edward C. McCarthy, emccarthy@rccf.com
www.rccf.com
Self-Help
301 West Main Street
Durham, NC 27701
800/476-7428
Contact: Bob Schall
Area served: Statewide
Purpose: Self-Help (Ventures Fund) provides a variety of commercial financing products and develops real estate projects. Self-Help also offers mezzanine financing to profitable firms in mature industries and to new and existing franchise / chain businesses. No seed / early stage capital for technology firms offered.
Southeast Interactive Technology Funds
630 Davis Drive, Suite 220
Morrisville, NC 27650
919/558-8324
Contact: David Blivin, www.seinteractive.com
SJF Ventures
400 West Main Street, Suite 604
Durham, NC 27701
919/530-1177
Contact: info@sjfund.com
www.sjfund.com
TechVest International
405 Cross Vine Lane
Greensboro, NC 27455
336/282-0880
Contact: Michael Hentschel, techvest@att.net
www.techvest.com
Telecommunications Development Fund
2020 K Street, NW, Suite 375
Washington, DC 20006
202/293-8840
Contact: inquiries@tdfund.com
www.tdfund.com
Purpose: To grow promising and innovative new companies by combining venture capital, telecom management expertise, and a wide range of industry relationships.
Resource: Candidates for TDF financing may receive assistance in preparing a TDF application from the North Carolina Small Business and Technology Development Center.
North Carolina Small Business and Technology Development Center
5 West Hargett Street, Suite 600
Raleigh, NC 27601-1348
919/715-7272
Contact: Virginia Hopley
Tri-State Investment Group
405 Tramore Drive
Chapel Hill, NC 27516
919/968-3760
Contact: Jim Newton
TruePilot, LLC
2530 Meridian Parkway, 3rd Floor
Durham, NC 27713
919/806-4930
Contact: Shawn Ramsey-Kroboth, shawn@truepilot.com
www.truepilot.com
Vaxa Capital
4600 Park Road, Suite 300
Charlotte, NC 28209
704/522-9932
Contact: Buck Wearn; partners@vaxacapital.com
www.vaxacapital.com
Viridian Capital Partners
6100 Fairview Road, Suite 770
Charlotte, NC 28210
704/556-1950
Contact: Frank Bachinsky, frank@viridianventures.com
www.viridianventures.com
Wachovia Capital Associates
191 Peachtree Street NE, 26th Floor
Atlanta, GA 30303
404/332-1000
Contact: Matthew J. Sullivan, wachoviacapital@wachovia.com
www.wachovia.com/wca
Wakefield Group
PO Box 36329
1110 East Morehead Street
Charlotte, NC 28236
704/372-0355
Contacts: Lynn Kimmel, lynn@wakefieldgroup.com
Dave Gilroy, dave@wakefieldgroup.com
www.wakefieldgroup.com
Women First Capital
PO Box 7505
Portland, ME 04112-7505
207/828-1077 or 207/415-2287 (mobile)
Contacts: Susan P. Strommer, s_strommer@womenfirstcapital.com
Stephanic Loiacono, s_loiacono@womenfirstcapital.com
Purpose: To find, grow and profit from investing in women-focused companies. We target high potential, high-growth companies with products or services for women or girls, and companies owned or run by women.
www.womenfirstcapital.com
