Fundraising Fox

VentureSouth

Angel networkoperating company · company profile

Greenville · Pre-Seed–Late Stage · 10 people tracked

Also known as VentureSouth Angel · VentureSouth Mallard

Find your way into VentureSouth

782 people in our graph share verified history with the VentureSouth team — schools, employers, funds. One of them is your warm intro.

Bill Cilluffounlockedknows Matt Dunbar · together at Stanford University Graduate School of Business (overlapped)
×2knows the team · via Stanford University Graduate School of Business
knows the team · via BC Partners
×3knows the team · via Fordham University
×3knows the team · via UNC Kenan-Flagler Business School
×2knows the team · via Washington and Lee University
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Investment thesis

VentureSouth invests in talented entrepreneurs and promising early-stage companies in the Southeast. It is industry agnostic but favors scalable, capital-efficient businesses that show strong signals of product-market fit and defensible moats, typically driven by technology. Through its network of investors and syndicate partners, the firm supports portfolio companies with advisors, resources, and funding, while offering members curated early-stage deal flow, professional administration, and education in angel investing.

Invests inSector AgnosticNorth AmericaUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Greenville, South Carolina, US
Instruments
Equity
Founded
2016
Tracked investments
30

Team · 10 people

from the firm's website & curated & public directories
Leon Charles Banks· General Partner
Raymond Matthew Dunbar· General Partner
Caroline Efird· Controller
Mac Lackey· Executive Officer

Founder mafia

2 people who came through VentureSouth went on to found or lead other companies.

What they invest in

from 26 of 30 portfolio companies

Healthtech ×12Biotech ×8SaaS ×7AI & Machine Learning ×6Medical Devices ×5AgTech ×4Digital Health ×4Enterprise Software ×4

HQs:United States×20

Who they back

founder profiles across 12 portfolio companies
67%
solo founders
8 of 12 mapped founding teams
40%
repeat founders
of 10 founders with career history

Founding team size:solo founder×82 founders×4

Where their founders studiedfrom 10 founders with education data

North Carolina State University ×2University of Virginia ×2

Where their founders worked beforefrom 10 founders with career history

ImageTrend ×2Signal Innovations Group ×2

Investments · 30 tracked

founders shown can be your intro path

By year:2024 · 32023 · 12022 · 12021 · 12017 · 17 dated

HourWorksprockets.aiin𝕏✓ verified

A hiring platform that matches applicants to roles based on job fit, performance potential, and cultural alignment, helping businesses identify candidates who will succeed and remain with the company.

AI & Machine LearningHR TechSaaS

Co-investorsHealthy VenturesLytical VenturesThayer VenturesDorm Room

6AM City6amcity.comin𝕏

6AM City designs, launches, manages, and monetizes newsletters for local and niche audiences, combining editorial strategy with scalable systems.

Creator EconomyMarketing TechMedia & EntertainmentGreenville, US

Ryan Heafy(Executive Officer, Director)inRyan Johnston(Executive Officer, Director)inDouglas Greenlaw(Director)Mark Johnston(Executive Officer, Director)

Co-investorsJohnson Venture Partners

ActivEdwalkabouts.comin𝕏

Walkabouts is an online, on-demand platform that turns movement breaks into standards-based lessons, helping teachers integrate physical activity into core academic instruction.

EdTechHealthtechWellness & FitnessGreenville, US

Matt Ferebee(Co-Founder)Dr. Julian A. Reed(Co-Founder and CEO)

Adovateadovate.com

Adovate is a life science company developing a pipeline of adenosine analog compounds, with research and laboratory work focused on medicinal chemistry and pharmaceutical development.

AI & Machine LearningBiotechDeveloper ToolsHealthtechSaaS

Mr. Stilley(Founder & CEO)

Ag TechInventuresagtechinventures.cominJul 2017

AgTech Inventures is an agriculture technology innovation lab that develops intellectual property in agbiotech and precision agriculture, sourcing promising technologies from university research labs and small science-focused companies.

AgTechBiotechDeep TechDurham, US

Karen LeVert(Co-Founder and Board Member)inTom Christensen(Executive Officer, Director, Promoter)

Alita Healthalitahealth.aiin

Alita is an AI agent for senior care facilities that automates customer and applicant inquiries across phone, web, SMS, and social channels, handling qualification and scheduling 24/7.

AI & Machine LearningHealthtechHR Tech

Altis Biosystemsaltisbiosystems.comin𝕏

Altis Biosystems builds RepliGut®, human intestinal tissue models grown from human intestinal stem cells that provide human-relevant preclinical data for drug absorption, metabolism, toxicity, and disease modeling.

BiotechDeep TechHealthtechMedical DevicesDurham, US

Christopher Sims(Executive Officer)inJimmy Smedley(Executive Officer)inSamuel Franklin(Director)Joseph McMahon(Director)Michael Biron(Executive Officer, Director)

BoardChristopher Perkins(Director)

Co-investorsAtlanta Technology AngelsCentral Texas Angel NetworkCheckmate Capital Group LLCHatteras Venture PartnersIDEA NCJohnson Venture Partners

AmplifiedAgamplifiedaginc.comin𝕏

AmplifiedAg builds indoor container farms and supporting technologies to grow leafy greens and other fresh produce, aiming to re-localize food systems.

AgTechFoodTechHardwareImpact & Social GoodDaniel Island, US

Mason Holland(Executive Officer, Director)Joseph Warren(Director)Shawn Jenkins(Director)Donald R. Taylor(Executive Officer, Director)Jan Roosenburg(Director)Steven Swanson(Director)

APPROVEapprovepayments.comin𝕏

APPROVE operates a technology platform that embeds equipment financing and B2B payment options into the sales process, connecting equipment buyers with a network of competing lenders.

B2B MarketplacesFintechSaaS

Robert Preville(Founder & CEO)inJim Howard(Chief Revenue Officer)inRobin Salter(Chief Marketing Officer)inWellington Souza(Chief Technology Officer)

Co-investorsWolfpack Investor Network

Atlas Organicsatlasorganics.netin

Atlas Organics collects and recycles organic waste from homes and businesses into compost and soil amendment products for landscapers, farmers, nurseries, and home growers, and helps municipalities set up composting facilities.

AgTechCircular EconomyCleantechSpartanburg, US

Joseph McMillin(Founder)

Co-investorsSpring Lane CapitalTamiami AngelGratitude Railroad

Atticus Pharmaatticuspharma.com

Atticus Pharma develops immunodermatology therapeutics using patented sustained-release technology for enhanced delivery to the viable epidermis.

BiotechHealthtechMedical Devices

Co-investorsAEON Foundry

Babylon Micro-Farmsbabylonmicrofarms.comin

Babylon Micro-Farms builds smart hydroponic indoor grow systems that let dining programs and buildings grow herbs, greens, and edible flowers on-site year-round.

AgTechFoodTechHardwareRichmond, US

Graham Smith(Co-founder)inAlexander Olesen(Co-founder)inTappan August(Chief Executive Officer)inChris Fenderson(Chief Operating Officer)inBevin Etienne(Director)Eric Glymph(Executive Officer)

Co-investorsLighthouse Network Ventures LlcNew Theory VenturesMiami Angels

Baebiesbaebies.comin𝕏

Baebies develops multifunctional syndromic diagnostic testing using proprietary digital microfluidics, integrating molecular, immunoassay, chemistry, and coagulation testing into a single compact platform (FINDER) that runs on small-volume samples.

BiotechDeep TechDigital HealthHealthtechMedical DevicesResearch Triangle Park, US

Vamsee Pamula(Executive Officer, Director)in

BoardDennis Sacha(Director)William A. Hawkins(Director)

Co-investorsDuke Capital PartnersIAG Capital PartnersRex Health VenturesSolas BioVentures

Bio 54

Develops a novel drug and device combination to treat external bleeding in anticoagulant patients.

Biospatialbiospatial.ioin𝕏

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

Jon Woodworth(Co-founder & Chief Executive Officer)inChris Lunsford(Co-founder & Chief Technology Officer)inJosh Walters(Chief Operating Officer)inPaul Runkle(Executive Officer, Director)

BoardDavid Jones(Director)in

Co-investorsBull City Venture PartnersAlerion VenturesIDEA Fund PartnersWolfpack Investor Network

BreachRXbreachrx.comin𝕏Apr 2021

BreachRx provides a Crisis Incident Response Management (CIRM) platform that helps organizations coordinate and execute enterprise-wide incident response across functions during cyber attacks.

CybersecurityEnterprise SoftwareSaaSFayetteville, US

Anderson Lunsford(Executive Officer, Director)inMatthew Hartley(Executive Officer, Director)

BoardSean O'Brien(Director)

Co-investorsBallistic VenturesOverlineSandalphon CapitalSyn Ventures Seed Management LlcSYN Ventures

Coworkscoworks.comin𝕏

Coworks provides management software for coworking and flex office spaces, offering automated booking and billing, a member directory, resource management, and reporting.

Future of WorkPropTechSaaSRaleigh, US

DeShawn Brown(Co-founder & CEO)inPhil Vanderwoude(COO)inLauren Walker(CMO)in

Co-investorsPrimordial VenturesFulcrum Financial Partners

CureMintcuremint.ioin

CureMint provides a software platform that streamlines procurement for dental practices, replacing outdated systems to reduce overspending and operational inefficiencies.

Enterprise SoftwareFintechHealthtechSaaSDurham, US

Brandon McCarty(Executive Officer, Director)inChris Rathgebin

BoardTimothy McLoughlin(Director)

Co-investorsStout Street CapitalCofounders Capital

Emergo Therapeuticsemergotherapeutics.comin

Emergo Therapeutics develops drugs designed to modulate inflammatory responses by reducing the production and secretion of inflammatory cytokines, targeting damaging symptoms across a range of diseases.

BiotechHealthtechDurham, US

Robin Hyde-DeRuyscher(Founder)inMoise Khayrallah(CEO)inMargaret Powell(Director)Robert Helmedag(Director)John E. Bailey, Jr.(Director)

Co-investorsRex Health VenturesWolfpack Investor NetworkHatteras Venture Partners

Gradient Healthgradientai.comin𝕏Jun 2023 · $2.8M

Gradient AI develops underwriting and claims management software for group health, property & casualty, and workers' compensation insurance.

AI & Machine LearningData & InfrastructureEnterprise SoftwareHealthtechInsurTechDurham, US

Stan Smith(Founder & CEO)inOuwen Huang(Executive Officer, Director)inJoshua Miller(Executive Officer, Director)in

BoardShana Barghouti(Director)Satish Tadikonda(Director)Matt Bailey(Director)

Co-investorsAmerican Family VenturesMassMutual VenturesTechstarsBoro CapitalMedMountain VenturesSandbox Industries+3 more

Kiyateckiyatec.comin𝕏Dec 2022 · $18M

KIYATEC develops 3D Predict, a tumor-specific testing platform that uses patient-derived tumor cells to predict how individual cancers respond to therapies.

BiotechDigital HealthHealthtechMedical DevicesGreenville, US

Matthew Gevaert(Director)Eric Perreault(Executive Officer, Director)inMelissa Rayner(Executive Officer)inScott Isacksen(Executive Officer)inDavid E Orr(Chief Operating Officer)in

BoardChristopher Brotherton(Director)

Co-investorsAtlanta Technology AngelsSeae Ventures

Kwippedkwipped.comin𝕏

Wilmington, US

Robert B Preville(Executive Officer, Director)Robert Kaiser(Executive Officer, Director)

BoardRandy Swartz(Director)

Co-investorsHatteras Venture Partners

Member Loginvicinitycapital.com

Vicinity Ventures is an investment platform that offers vetted investment opportunities to members, connecting investors with companies across multiple markets.

Fintech

MemberHubmemberhub.com

Raleigh, US

Matthew J. Harrell(Director)Dennis Dougherty(Director)R. Alan Neely(Director)William C. Bowen, III(Executive Officer, Director)

Co-investorsBigfoot Capital

mPATH Healthmpathhealth.comMar 2024 · $1.1M

mPATH Health develops an SMS-based behavioral science platform that guides patients through cancer screening decisions and increases completion rates across lung, breast, and colorectal screening programs.

Digital HealthHealthtechMedical DevicesSaaSWake Forest, US

David Miller(Founder & Physician)Ajay Dharod(Co-founder & Physician)in

Co-investorsOncology VenturesAtlanta Technology AngelsFirst Launch Capital

Redbud Labsredbudlabs.comin𝕏Jul 2024

BiotechChapel Hill, US

Richard Superfine(Director)inRichard C. Spero(Executive Officer, Director)

BoardKenneth P West(Director)

Co-investorsIDEA NC

StratusGridstratusgrid.comin𝕏

StratusGrid provides cloud technology consulting and solutions, working with startups, small and medium businesses, and large enterprises.

AI & Machine LearningCloud ComputingCybersecurityDeveloper ToolsEnterprise Software

Chris Hurst(Chief Executive Officer)inJeremy Scardino(Chief Operating Officer)inTrey McGaughy(Chief Financial Officer)in

Co-investorsDOGWOOD VENTURESMarket Square VenturesService Provider Capital

Vendor Registryvendorregistry.com

A procurement platform that connected local government purchasers with vendors for competitive bidding.

B2B MarketplacesGovTech

Co-investorsAllos VenturesChattanooga Renaissance FundCantos Ventures

Waste Todaywastetodaymagazine.comin𝕏

Waste Today is a trade publication covering the waste, recycling, and environmental services industry, reporting on topics such as landfill operations, transfer stations, recycling programs, and company financial and M&A news.

Circular EconomyMedia & Entertainment

Co-investorsKhasma Capital

Yuva BiosciencesFeb 2024 · $7.5M

Proprietary platform developing products to improve mitochondrial health.

Birmingham, US

Greg Schmergel(Executive Officer, Director)

BoardFred Ehrsam(Director)Daniel Browne(Director)

Co-investorsWestern Technology InvestmentTBD Angels

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has VentureSouth made?
VentureSouth has 18 tracked investments.
What stage does VentureSouth invest at?
VentureSouth invests at the Pre-Seed, Seed, Late Stage stages.
What sectors does VentureSouth focus on?
VentureSouth focuses on Sector Agnostic.
Where is VentureSouth located?
VentureSouth is headquartered in Greenville, US.
Who does VentureSouth co-invest with?
VentureSouth most often shares deals with Johnson Venture Partners, Wolfpack Investor Network, Ballistic Ventures, among 24 tracked co-investors.

Media · Podcasts & interviews

featuring the team

S.C. Department of Commerce Interview with Matt Dunbar, Managing Director of VentureSouth

Scribble South Carolina's Innovation Hub · Matt Dunbar

Matt Dunbar, Managing Director, VentureSouth on Vimeo

WhosOnTheMove · Matt Dunbar · vimeo.com

Images

VentureSouth photoVentureSouth photoVentureSouth photoVentureSouth photoVentureSouth photo

Co-investors · 2

Healthy Ventures

Healthy Ventures is an early-stage venture investor focused on health tech, backing founders reimagining healthcare infrastructure.

Both backed · 1
$1M – $3M
Cultivation Capital

Cultivation Capital is a venture capital firm that invests in early-stage companies with the potential to transform how people live and work, backing them from Series Seed through Series B.

$100K – $3.5M

Firms observed investing alongside VentureSouth, from public investor directories. Shared companies are the overlap with VentureSouth's recorded portfolio.

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