Greenville, S.C. – VentureSouth, one of the largest angel investment groups in the United States, is excited to announce another quarter of significant investment activity in startup companies across the Southeast. VentureSouth invested a total of $2.7 million across...
Greenville, S.C. – VentureSouth is pleased to announce its recent investment in RoundlyX, a digital asset platform based in Richmond, VA. RoundlyX allows users to round up their daily purchases and automatically invest that spare change in digital assets through...
Attention anyone who started a business in the last two years! If you were fun enough to launch a new business during the pandemic, you may qualify for Employee Retention Tax Credit as an “Recovery Startup Business”. The first round of Employee Retention Tax Credits...
Greenville, S.C. – VentureSouth is pleased to announce that it has led the $2.5M seed round financing of Gradient Health, a Durham, NC-based Health AI technology platform. Gradient Health aims to accelerate automated AI diagnostics by labeling the world’s medical...
It’s that time of year again: South Carolina angel investor tax credit (SCAITC) award letter time!! For the last couple of years we have shared data on the amounts of the SC angel investor tax credits being awarded. You can see the original posts from April 2020 and...
Thanks to WFMZ-TV 69, GSA Business Report and others for covering a record year of angel investing at VentureSouth in 2021. VentureSouth members set new personal bests last year in new companies receiving investment (11) and total investment rounds completed (36), and...
In this week’s podcast at Venture In The South, David and Charlie discussed one of the more challenging scenarios in early stage investing: management changes in invested companies. Most angel investors don’t plan much about this. Angels invest in the founders – we...
Spartanburg, S.C. – VentureSouth is pleased to announce that it has successfully exited one of its portfolio company investments following the acquisition of Atlas Organics by Generate Capital. Atlas Organics is a developer and operator of commercial composting...
An overlooked attraction of angel investing, compared to most other asset classes, are the fun tax rules around gains and losses on early stage investing. Sounds odd, but it’s true. As we discussed in our guide to angel taxes, the gains from angel investing are often...
Greenville, S.C. – Despite the challenges brought on by the pandemic, VentureSouth is proud to announce another strong year of investment activity, with over $10 million invested in 30 early-stage companies in the Southeast in 2021. VentureSouth members invested in...