Fundraising Fox

Alerion Ventures

Venture capital

Charleston · Pre-Seed–Growth · 3 people tracked

Fox Verdict
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Investment thesis

Alerion Ventures is an evergreen fund targeting roughly one new investment per quarter in capital-efficient companies pursuing large, scalable markets. It favors business-to-business software and technology-enabled services, and more selectively healthcare software and services and energy-efficient technologies, while avoiding consumer-facing businesses, drug discovery, medical devices, energy production, and project finance. It typically invests once a company shows initial market and revenue traction beyond proof-of-concept, though it may also pursue growth-stage deals with nearer-term exit potential. The firm prefers co-investing with other experienced venture investors and favors companies headquartered in the Southeast, considering opportunities nationally apart from the West Coast and Northeast.

Source: firm website, verified Aug 16, 2026.

Stage
Pre-Seed–Growth
HQ
Charleston, South Carolina, US
Leads rounds
Follows
Instruments
Equity
Founded
2014
Tracked investments
41

Team · 3 people

from the firm's website & public directories
Lee Richards· Managing Partner
Adam Bush· Controller

What they invest in

from 24 of 41 portfolio companies

SaaS ×15Enterprise Software ×9AI & Machine Learning ×6Data & Infrastructure ×4Marketing Tech ×4AdTech ×3Fintech ×3Healthtech ×3

HQs:United States×14

Investments · 41 tracked

founders shown can be your intro path
Adwerxadwerx.comin

Adwerx provides automated digital advertising solutions for real estate professionals including agents, loan officers, and brokerages to build brand recognition and attract local buyers and sellers through targeted campaigns.

AdTechMarketing TechPropTechDurham, US

Edward J. Carlson(Chief Executive Officer, Secretary and Treasurer)Liz Shih(Chief Financial Officer)

BoardA.G.W. Biddle(Director)Jonathan Perl(Director)David Spitz(Director)

Co-investorsGrotech VenturesSavano Capital Partners

Allboundallbound.comin𝕏

Channelscaler (Allbound) offers an AI-powered Partner Relationship Management (PRM) platform for enterprise channel teams, covering partner onboarding, enablement, deal and pipeline acceleration, incentive management, and lifecycle performance tracking.

Enterprise SoftwareSaaSSales TechPhoenix, US

SCOTT SALKIN(Executive Officer, Director)ANTHONY KENNADA(Director)KYLE JOHNSON(Director)KYLE BURNETT(Executive Officer, Director)

BoardTODD BELFER(Director)in

Co-investorsArizona Founders FundBLH Venture Partners, LLCBrookstone Venture CapitalDWP CapitalStout Street Capital

Biospatialbiospatial.io

Biospatial operates a data analytics platform that ingests emergency medical services (EMS) and health data to deliver real-time analytics and insights for healthcare and public health users.

AI & Machine LearningData & InfrastructureDigital HealthHealthtechDurham, US

Paul Runkle(Executive Officer, Director)Jonathan Woodworth(Executive Officer, Director)Christopher Brian Lunsford(Executive Officer)Jon Woodworth(Co-founder & Chief Executive Officer)Chris Lunsford(Co-founder & Chief Technology Officer)Josh Walters(Chief Operating Officer)

Co-investorsBull City Venture PartnersIDEA Fund PartnersVentureSouthWolfpack Investor Network

Case Statuscasestatus.comin

Case Status provides a mobile client portal for law firms to communicate with clients and manage case information.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSBirmingham, US

Andrew Seavers(Executive Officer, Director)Richard Braddock Jr.(Director)

BoardLauren Sturdivant(Director)Sherman Chu(Director)DANIEL H. DRECHSEL(Director)inDan Dreschsel(Director)

Co-investorsBIP VenturesCreativeCoTechstars

Ceterusceterus.comin

Ceterus provides automated bookkeeping and financial reporting services, combining automation with human oversight to deliver accurate financials for its customers.

Enterprise SoftwareFintechSaaSNorth Charleston, US

Levi Morehouse(Executive Officer, Director)Derek Carter(Executive Officer)

Co-investorsElevate Innovation PartnersGrotech Ventures

Cloudtagscloudtags.com
Crashcrash.co
Demand Driven Tech

Demand Driven Material Requirements Planning software platform; acquired by Algomus in 2025.

Demand Driven Technologiesdemanddriventech.comin

Demand Driven Technologies offers Intuiflow, software for demand planning, forecasting, and inventory management aimed at manufacturing and supply chain teams.

Advanced ManufacturingLogistics & Supply ChainSaaS

Co-investorsCircadian VenturesJohnson Venture Partners

Fenris

API-based data platform for auto, home, life, and small business insurance carriers, brokers, and agents.

fenrisdigital_CMYK_TMfenrisd.comin

Fenris provides instant data and insights on applicants and policyholders across the customer lifecycle.

AI & Machine LearningData & InfrastructureInsurTech

Jen(Founder & CEO)Jay(CTO)

Co-investorsCitrine AngelsLighthouse Network Ventures LlcSixThirty Ventures

FSLogixfslogix.com

FSLogix provides software that manages Windows user profiles in virtual desktop environments, letting user data roam between session hosts, reducing sign-in times, and simplifying gold image management.

Cloud ComputingEnterprise SoftwareSaaS

Getorderlygetorderly.com

Orderly is a food cost management platform that eliminates manual data entry and inventory counts by importing line-item data from restaurant suppliers' invoices and storing invoice copies.

FoodTechRetail TechSaaS

Graylog

SIEM and API gateway log management for mid-market and enterprise customers; acquired Resurface in 2023.

Green Roof Outfitters

Modular, lightweight, low-cost green roof installation system; acquired by Greenrise Technologies in 2018.

Greenroofoutfittersgreenroofoutfitters.com

Greenrise Technologies provides stormwater compliance and erosion control services, including certified bioretention soils, SWPPP management, and vegetated/green roof design, installation, and maintenance.

CleantechClimate TechConstruction TechNashville, US

LiveSourcelivesource.comin

LiveSource is a supplier portal that manages the product launch process for direct materials manufacturers, covering supplier risk management, product launch, and collaborative manufacturing.

Advanced ManufacturingLogistics & Supply ChainSaaS

Co-investorsFulcrum Equity PartnersKnoll Ventures

Membersuitemembersuite.com

MemberSuite (GrowthZone) provides membership management software that centralizes member data, events, finances, and communications, with AI features that draft renewals and member outreach for staff to review and send.

AI & Machine LearningEnterprise SoftwareSaaS

OrbitalRxorbitalrx.comin𝕏

OrbitalRX provides a cloud-based platform for hospital pharmacy teams to manage drug shortages through centralized workflows and predictive intelligence.

Enterprise SoftwareHealthtechSaaS

Co-investorsExcelerate Health VenturesThe Launch PlaceGood Life Sciences Generations

Orderly

Invoice management, inventory tracking, and business intelligence tools for independent restaurants; acquired by Buyers Edge in 2019.

Outbound Engineoutboundengine.comin

OutboundEngine provides a done-for-you marketing platform for small businesses, automating brand building, pipeline generation, and client outreach.

Marketing TechSaaSSales TechAustin, US

Co-investorsEscalate Capital PartnersHarmony PartnersSilverton Partners

OutboundEngine

Email and social media content marketing solutions for SMBs; acquired by Elm Street Technology in 2021.

Payzer

Cloud-based business and financial management software for HVAC, plumbing, and electrical field-services contractors; acquired by WEX in 2023.

Payzerwarepayzerware.com

WEX FSM is field service management software that handles scheduling, dispatch, invoicing, and payments for contractors and field service businesses such as HVAC and repair companies.

Construction TechFintechSaaS

PhishLabsphishlabs.com

Co-investorsFulcrum Equity Partners

Rent Ready

Management platform for multifamily rental turn services, streamlining scheduling, service provider matching, and payments.

Rentreadyrentready.comin

Rent Ready provides a software platform that manages the apartment turnover process, including scheduling, tracking, payments, and quality control for multifamily communities.

Enterprise SoftwarePropTechSaaSCharlotte, US

Jonathan Kite(Co-Founder & CEO)inRyan C. McMillan(Executive Officer, Director)William P. Brugh, Jr.(Executive Officer, Director)Scott B. Perper(Director)

Co-investorsCircadian VenturesCreativeCoRelevance VenturesVesta Ventures

RepVuerepvue.com

Chapel Hill, US

RYAN WALSH(Executive Officer, Director)M. SCOT WINGO(Director)

BoardRICHARD FRAIM(Director)in

Co-investorsKnoll VenturesS3 VenturesGTMfundTDF Ventures

Resurface API Securitygraylog.org

Graylog provides a security information and event management (SIEM) and log management platform that collects, routes, and stores log data to detect threats, automate investigations, and manage data tiers and storage costs.

CybersecurityData & InfrastructureEnterprise Software

Co-investorsFirstMile VenturesFrontera Technology VenturesMercury FundLytical Ventures

Reveal Mobilerevealmobile.comin𝕏

Reveal Mobile provides out-of-home (OOH) advertising campaign measurement, offering a self-serve platform with real-time analytics, brand lift studies, and foot traffic attribution for advertisers and OOH brands.

AdTechData & InfrastructureMarketing TechSaaSRaleigh, US

Brian E. Handly(Executive Officer, Director, Promoter)

BoardDavid Jones(Director)inJonathan Frangakis(Director)James F. Goodmon, Jr.(Director)Edward C. McCarthy(Director)Lister Delgado(Director)

Co-investorsBull City Venture PartnersElevate Innovation PartnersWolfpack Investor Network

Salesfusionsalesfusion.com

Sugar Sell is a CRM and sales platform that guides sales reps to prioritized accounts, opportunities, and next actions by combining CRM and ERP data with AI-driven contextual insights.

AI & Machine LearningSaaSSales Tech

Siftsift.coin

Sift, founded in 2015, collects smartphone app-installation data to build user profiles and uses AI and machine learning to process mobile ad requests for hypertargeted app install advertising.

AdTechAI & Machine Learning

Co-investorsElevate Innovation Partners

Sift Media

Automated mobile ad purchasing platform based on a proprietary app graph algorithm for real-time bidding exchanges.

Slope Softwareslopesoftware.comin

SLOPE is a cloud-native financial projection platform designed for financial services organizations and the actuarial community.

Enterprise SoftwareFintechInsurTechSaaSGastonia, US

Andy Smith(Co-founder)Taylor Perkins(Co-founder)

Co-investorsTech Square VenturesTechstarsCofounders Capital

Springbotspringbot.com

Atlanta, US

Brooks Robinson(Executive Officer, Director)Allen Nance(Director)Brian Gallagher(Director)

BoardMark Johnson(Director)inDavid Gould(Director)Wayne Hunter(Director)

Co-investorsTTV Capital

Stellarmystellar.comin

Stellar provides on-demand home services including plumbing, HVAC, electrical, and fencing repairs, pairing vetted tradespeople with online booking, transparent quotes, and real-time job tracking.

ConsumerMarketplacesPropTech

Co-investorsBrick Mortar VenturesStellifi

Vyvvyv.techin

Vyv develops UV-free, chemical-free antimicrobial lighting technology using visible spectrum LEDs that continuously reduce microbial growth in occupied indoor spaces.

CleantechHardwareHealthtech

Colleen Costello(CEO)

Co-investorsPlum Alley InvestmentsTamiami AngelTech Square VenturesCiti Ventures

Western Rise

Direct-to-consumer performance lifestyle apparel for men; written off by Alerion in 2026.

Windsor Circle

Retention marketing and predictive lifecycle platform for eCommerce retailers; acquired by Output Services Group in 2018.

Windsorcirclewindsorcircle.com

Windsor Circle provides data-driven lifecycle and email marketing software for online retailers, using purchase and customer data to power automated campaigns like cart recovery, win-back, replenishment, and best-customer emails.

E-commerceMarketing TechRetail Tech

Frequently asked questions

How many investments has Alerion Ventures made?
Alerion Ventures has 41 tracked investments.
What stage does Alerion Ventures invest at?
Alerion Ventures invests at the Pre-Seed, Seed, Series A, Growth stages.
What sectors does Alerion Ventures focus on?
Alerion Ventures focuses on Cleantech, Crypto & Web3, Energy, Enterprise Software, Fintech, Hardware, Healthtech, Marketing Tech, SaaS.
Where is Alerion Ventures located?
Alerion Ventures is headquartered in Charleston, US.
Does Alerion Ventures lead rounds?
Alerion Ventures typically participates in rounds rather than leading them.
Who does Alerion Ventures co-invest with?
Alerion Ventures most often shares deals with Elevate Innovation Partners, Circadian Ventures, Fulcrum Equity Partners, among 39 tracked co-investors.

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