Carolina Angel Network
- Company typePrivate
- Founded2016
- HeadquartersChapel Hill, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Carolina Angel Network firmographics
Firmographics- Name
- Carolina Angel Network
- Legal name
- Carolina Angel Network
- Website
- https://carolinaangelnetwork.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Carolina Angel Network industry classification
Industry- Product category
- Angel Investing Services
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Micro-VC & Angel Funds (FSANAAAI)
- akta.pro secondary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Carolina Angel Network is headquartered
LocationHeadquarters
- HQ city
- Chapel Hill
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Carolina Angel Network business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Annual Membership Dues: CAN charges $1,500 annual membership dues to accredited investors. This is the primary revenue stream funding operations, including the online platform, website, and pitch/networking events. The membership fee also supports UNC-based services and resources.
- UNC Institutional Support: CAN receives financial support from UNC Chapel Hill, specifically from the UNC Office of Innovation, Entrepreneurship and Economic Development, UNC Development Office, Kenan-Flagler Business School, and Vice Chancellor of Finance & Administration.
- Donor Support: CAN receives donor support including contributions to the Carolina Growth Fund and Endowed Support Fund. Certain Carolina Growth Fund donors may receive discounted or free membership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Annual Membership |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Carolina Angel Network product offering
Product offeringCore offering
Carolina Angel Network operates a membership-based angel investing platform that connects UNC Chapel Hill alumni, faculty, staff, students, parents, and donors to early-stage startups with Tar Heel ties. The network curates 4-6 vetted investment opportunities per year, aggregates member commitments through a formal Special Purpose Vehicle (SPV), and provides professional due diligence memos, a private deal room, and a portfolio tracking tool to its members. Annual membership dues are $1,500 per accredited investor, with a minimum investment of $5,000 per deal.
Product overview
Carolina Angel Network operates as a membership-based angel investing platform focused on UNC-Chapel Hill-affiliated startups. The core offering is the Angel Investing Platform, which aggregates accredited alumni investors into a Special Purpose Vehicle (SPV) to co-invest in curated early-stage opportunities. Supporting offerings include the Venture Fellow Program (student training in venture diligence), Venture Philanthropy (charitable investment through donor-advised funds), and Educational Resources. The network syndicates 4-6 deals per year across seed, Series A, and life science investments, with a private deal room and investment tracking portal for members.
Differentiator
Problem solved
Functional benefit
Products and services
- Angel Investing Platform (Membership) Core membership offering providing accredited UNC-affiliated investors with 4-6 curated early-stage private investment opportunities per year, professional due diligence memos, access to a private deal room, portfolio tracking tool, and participation in member investment meetings. Members pay $1,500 annual dues and can invest a minimum of $5,000 per deal via a Special Purpose Vehicle (SPV).
- Venture Fellow Program
- Venture Philanthropy Charitable initiative enabling donors to support UNC-affiliated startups through donor-advised funds and a partner nonprofit (Inspire Access). Features a 3-year promissory note structure with proceeds directed to qualified charitable organizations, supporting impact-driven portfolio companies such as Couplet Care.
- Educational Resources for Members Curated educational resources for members including VC glossaries, portfolio allocation guides, and links to Angel Capital Association and Seraf Compass investor resources to support angel investing knowledge.
Quantifiable outcome
- $30M+ deployed across 35 companies since 2017 with successful exits
- +1 more outcomes
Companies that use Carolina Angel Network
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Carolina Angel Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Carolina Angel Network partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Triangle Venture Alliance (TVA)coreAlliance formed with Duke Angel Network (Duke University) and Wolfpack Investor Network (NC State University) to share best practices, due diligence work, member meetings, and co-invest in deals where there is connection to more than one school. To date, CAN has completed 4 joint deals through this alliance. TVA received grants from U.S. Economic Development Administration and NC Idea in 2015 and 2016.
- Innovate CarolinacoreUNC-Chapel Hill's innovation initiative that coordinates with CAN for deal sourcing and access to investment opportunities. Provides early access to companies where UNC innovation leadership has developed trusted relationships.
- Inspire AccesscoreNonprofit partner enabling catalytic, impact-driven support for portfolio companies. Through venture philanthropy initiative, Inspire Access receives charitable donations and invests all funds in target companies like Couplet Care.
- Blackstone Entrepreneurs NetworkminorCAN has a close relationship with Blackstone Entrepreneurs Network which makes its Entrepreneurs in Residence available to portfolio companies at the direction of the Managing Director.
- SydecarcoreThird-party service provider supporting membership and program operations, specifically used for transaction processing and investment documentation.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Carolina Angel Network competitors and assessment
Company assessmentBroad incumbents
- AngelList: Large-scale online platform for angel syndicates and rolling funds. Represents the broader-incumbent competitor whose national reach and digital syndication tools could pull UNC-affiliated founders away from CAN's curated model.
Regional players
- Cofounders Capital: Research Triangle-based seed-stage venture firm operating in the same North Carolina geography. Comparable as a regional capital provider competing for the same early-stage Triangle deal flow that CAN curates.
Direct peers
- Duke Angel Network: University-affiliated angel network at Duke University and a Triangle Venture Alliance co-member. Operates an identical model — accredited alumni syndicating curated deals from Duke-affiliated founders — making it the closest direct peer to CAN.
- Wolfpack Investor Network: NC State University's angel investing network and the third Triangle Venture Alliance member. Mirrors CAN's structure and co-invests in joint deals, making it a like-for-like comparable for the same alumni-driven angel model.
- Harvard Business School Alumni Angels: One of the largest and most established university alumni angel networks. Operates a membership-based angel syndication model tied to Harvard alumni, providing a benchmark for CAN's potential scale and operating model maturity.
- MIT Alumni Angels: MIT's alumni-driven angel investing group curating deal flow from MIT founders. Comparable to CAN in the alumni-led angel model, though generally more mature and with deeper institutional co-investor relationships.
- Dartmouth Alumni Angels: Dartmouth alumni angel network syndicating curated early-stage opportunities. Direct comparable in alumni-driven angel syndication structure and SEC-accredited membership model.
- UVA Seed Fund / Cavalier Angels: University of Virginia-affiliated angel/seed investing initiatives supporting UVA alumni founders. Comparable peer in the university-affiliated angel space and useful for benchmarking regional Atlantic-coast expansion potential.
- Cornell Angels: Cornell University-affiliated angel network with global alumni reach. Comparable to CAN in structure, member accreditation requirements, and university-tied deal sourcing.
- Stanford Angels: Stanford alumni angel network syndicating curated early-stage deals from Stanford-affiliated founders. A relevant peer for understanding best-in-class university angel operations and deal-flow curation.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Carolina Angel Network social profiles
Digital presenceCarolina Angel Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carolina Angel Network leadership team
Management profileNumber of profiles
Profiles2 records
Carolina Angel Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carolina Angel Network M&A and investment
M&A and investmentM&A
Investments14 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carolina Angel Network
What does Carolina Angel Network do?
Carolina Angel Network operates a membership-based angel investing platform that connects UNC Chapel Hill alumni, faculty, staff, students, parents, and donors to early-stage startups with Tar Heel ties. The network curates 4-6 vetted investment opportunities per year, aggregates member commitments through a formal Special Purpose Vehicle (SPV), and provides professional due diligence memos, a private deal room, and a portfolio tracking tool to its members. Annual membership dues are $1,500 per accredited investor, with a minimum investment of $5,000 per deal.
Is Carolina Angel Network a public or private company?
Carolina Angel Network is a private company. It is classified as unknown and is currently operating.
When was Carolina Angel Network founded?
Carolina Angel Network was founded in 2016. It employs 1 to 10 people.
Where is Carolina Angel Network based?
Carolina Angel Network is headquartered in Chapel Hill, United States, in the North America region.
How does Carolina Angel Network make money?
Three revenue lines are on record. Annual Membership Dues are the primary driver. The others are UNC Institutional Support and donor Support.
Who are Carolina Angel Network's main competitors?
AngelList is listed as a broad incumbent. Cofounders Capital is listed as a regional player. Direct peers are Duke Angel Network, Wolfpack Investor Network, Harvard Business School Alumni Angels, MIT Alumni Angels, Dartmouth Alumni Angels, UVA Seed Fund / Cavalier Angels, Cornell Angels and Stanford Angels.
Does Carolina Angel Network have an API?
No public API is recorded for Carolina Angel Network.
What industry is Carolina Angel Network in?
Carolina Angel Network's product category is Angel Investing Services. Its primary akta.pro industry code is FSANAAAI, Micro-VC & Angel Funds, with a secondary code of FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 523940 and its SIC code is 6282.