Inception Micro Angel Fund - RTP

Overview

Inception Micro Angel Fund - RTP is a member-managed seed-stage angel capital fund focused on investing in early-stage technology companies within the Research Triangle Park area of North Carolina. The fund aims to capitalize on the growth in entrepreneurial activity and venture financing in the region, as well as in selective areas of Virginia and South Carolina. It seeks to provide both financial support and active involvement to emerging companies, particularly those with connections to local universities such as Duke University, UNC Chapel Hill, and NC State University. The fund's investment criteria include companies that are within 6-9 months of generating revenue, address significant problems with compelling products or solutions, possess reasonable barriers to entry, have a pre-money valuation of $3 million or less, and require less than $3 million in funding to reach profitability. The typical investment size ranges from $100,000 to $500,000, with a focus on technology-centric or execution-driven businesses. IMAF-RTP is part of North Carolina's Inception Micro Angel Fund family and operates as a member-owned and member-managed limited liability company. The fund's members convene monthly to review investment opportunities, fostering collaboration among individual accredited investors passionate about supporting local entrepreneurs. This structure allows for active involvement in the investment process, aligning with the fund's mission to stimulate seed-stage capital formation and foster positive liquidity events in the region.

Investment Focus

• Technology-centric or execution-driven businesses
• Pre-money valuation of $3 million or less
• Funding requirement of less than $3 million to reach profitability
• Located in NC/VA/SC

Portfolio Companies