What RTP Angel Fund does

RTP Angel Fund, LLC is a member-managed angel investment fund formed in 2023 under North Carolina law, headquartered operationally in the Research Triangle Park region. The fund aggregates committed capital from over 50 North Carolina-based individual investors and deploys it into early-stage companies at the pre-seed, seed, and Series A stages, with typical check sizes of $50,000-$250,000 and an average investment of $150,000. Its primary geographic focus is Research Triangle Park, with the stated mandate to also pursue opportunities across North Carolina and the broader Southeast United States, and its sector focus is broad, driven by member expertise.

The fund operates a structured, member-driven investment process rather than any technology platform. Applications are submitted through an Airtable-based portal and flow through sequential stages: a screening team pre-screen call, a Screening Committee pitch, an in-person presentation at a monthly member meeting (held at the First Flight Venture Center in RTP), a member vote to advance to due diligence, a recommendation by the Due Diligence team, and finally term sheet negotiation and closing. Investment approval requires a two-thirds majority of member units.

There are no proprietary technology products, software platforms, APIs, or AI/ML systems developed by RTP Angel Fund; its offering is purely capital and member-supported diligence. Revenue mechanics for an angel fund of this type typically derive from management fees on committed capital and carried interest on realized exits, neither of which is disclosed in the available material. Governance is exercised through a Board of Managers (six named members) and an originating group of six founding members, supported by affiliate relationships with the Angel Capital Association and RTP Capital Associates for syndication and best-practice resources.

Name

RTP Angel Fund

Legal name

RTP Angel Fund, LLC

Website

https://rtpangelfund.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Short description

RTP Angel Fund, LLC is a North Carolina-based member-managed angel fund that invests $50k-$250k (average $150k) in pre-seed, seed, and Series A companies primarily in the Research Triangle Park region and broader Southeast United States.

Ownership category

akta.pro rank

Product category

Angel Investing / Early-Stage Venture Capital

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Angel investing
• Early-stage venture capital
• Seed funding
• Startup investment fund
• Pre-seed capital

Headquarters

HQ city

Park City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Distribution channels1 record

Marketing channels2 records

Core offering

RTP Angel Fund is a member-managed committed capital angel fund that invests early-stage equity capital into Pre-seed, Seed, and Series A companies located primarily in the Research Triangle Park region of North Carolina and the broader Southeastern United States. Typical investment size ranges from $50,000 to $250,000 per company with an average ticket of approximately $150,000, and members may co-invest additional capital alongside the Fund on individual deals. The fund supports portfolio companies through a structured pipeline including screening, due diligence, and member voting leading to term sheet execution and closing.

Product overview

RTP Angel Fund is an angel investment fund, not a product company. It does not offer software products, services, or technology solutions. The fund provides early-stage investment capital to portfolio companies and evaluates investment opportunities through a structured due diligence and screening process. The fund's offerings consist of investment funding and portfolio company support, not technology products or services.

Differentiator

Problem solved

Functional benefit

Products and services

• Early-Stage Equity Capital Investment Direct equity investment into Pre-seed, Seed, and Series A companies, typically sized between $50,000 and $250,000 per deal (average $150,000), with members able to co-invest alongside the Fund on individual opportunities. Targeted at founders and startups in the Research Triangle Park region of North Carolina and the broader Southeast US.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• Angel Capital AssociationminorOthersAffiliated with the Angel Capital Association, a professional alliance of angel investors. This affiliation provides access to industry resources, best practices, and networking opportunities within the angel investment community.
• RTP Capital AssociatesminorOthersAffiliated with RTP Capital Associates, a local angel investment network in the Research Triangle Park area. This relationship provides synergy and potential co-investment opportunities within the regional startup ecosystem.
• First Flight Venture CenterminorOthersFirst Flight Venture Center is the venue for monthly member meetings held on the 2nd Thursday of each month at 5pm. This technology business incubator provides the meeting space for fund activities.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• RTP Capital Associates: A local angel investment network in the Research Triangle Park area that is explicitly affiliated with RTP Angel Fund. Directly comparable as a regional angel network serving the same geography and founder pool.

Regional players

• Queen City Angels: A Charlotte, NC-based angel fund with decades of track record investing in early-stage Southeast US companies. Highly comparable as a member-driven, committed-capital angel vehicle operating in an adjacent NC geography.
• Piedmont Angel Network (Piedmont Triad): A North Carolina-based angel network serving the Piedmont Triad region. Closely comparable member-managed angel structure investing in Southeast pre-seed/seed deals.
• Cape Fear Ventures / Cape Fear Angel Fund: Southeast North Carolina-based early-stage investment group. Comparable as a North Carolina-focused angel fund deploying small checks into early-stage regional companies.
• Asheville Angel Network: A Western North Carolina angel investor network. Comparable as a member-managed regional angel fund investing in early-stage companies within the same state ecosystem.

Broad incumbents

• Keiretsu Forum: A large global angel investor network with multiple chapters, including in the Southeast US. Comparable as a structured, multi-chapter angel alliance and member-voted diligence model serving early-stage founders.
• Golden Seeds: One of the largest U.S. angel networks focused on early-stage women-led companies. Comparable as a long-running, member-managed angel fund doing diligence and term sheets at pre-seed through Series A.

Emerging players

• LAUNCH (Charlotte-based): Charlotte-based early-stage fund and operator community. RTP Angel Fund co-invested alongside LAUNCH in Scale Social AI, indicating direct deal-by-deal overlap as competitors/co-investors in the same regional pool.

Others

• NC IDEA: A North Carolina-focused foundation providing grants and programming to early-stage NC companies (including a $50k SEED grant to Scale Social AI alongside RTP Angel Fund). Comparable as a regional early-stage capital source targeting the same NC founder ecosystem.
• Angel Capital Association (ACA): The national professional alliance of angel investors and angel groups. RTP Angel Fund is an ACA affiliate; relevant as the institutional umbrella and best-practice body governing the broader U.S. angel-fund category.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RTP Angel Fund