Raleigh-Durham’s 12 Best Venture Capital Firms in 2022

Raleigh-Durham isn’t considered a startup hotbed (yet), but it’s quickly becoming one.

The triangle area is home to unicorns like Pendo and Epic Games, and several others are on their way to following in their footsteps. The area has been dominated by a handful of funds over the past few decades, but competition is heating up as more investors enter the area.

Here are 12 of the top VC funds based in Raleigh-Durham.

TL;DR:

  1. Intersouth Partners
  2. Hatteras Venture Partners
  3. SJF Ventures
  4. The Aurora Funds
  5. IDEA Fund Partners
  6. Pappas Capital
  7. Bull City Venture Partners
  8. Excelerate Health Ventures
  9. NovaQuest
  10. Shah Capital
  11. Contender Capital
  12. Modern Energy Management
  1. Intersouth Partners

    Intersouth Partners is one of the most active and experienced venture funds in the Southeast, having invested in more than 100 private companies over the last three decades.

    Details on the fund:

  2. Hatteras Venture Partners

    Hatteras Venture Partners is a North Carolina-based venture capital firm that finances biomedical companies.

    Details on the fund:

  3. SJF Ventures

    SJF Ventures is a venture capital partnership focusing on the resource efficiency, sustainability, and technology-enhanced services sectors.

    Details on the fund:

  4. Want more targeted investor lists based on geography? Check out the Confluence.VC Investor Database.

    We’ve segmented investors for you based on location, role, sector, stage, and type, so you can easily find more investors in New York, Boston, SF, LA, and other parts of the country.

  5. The Aurora Funds

    The Aurora Funds is a family of venture capital funds committed to providing resources to help early stage healthcare and information

    Details on the fund:

  6. IDEA Fund Partners

    IDEA Fund Partners is a venture capital firm focusing on technology and business model innovations.

    Details on the fund:

  7. Pappas Capital

    Pappas Capital invests exclusively in the life science sector – biotechnology, biopharmaceuticals, drug delivery, medical devices and related ventures – across the United States and Canada.

    Details on the fund:

  8. Bull City Venture Partners

    Bull City Venture Partners partner with entrepreneurs and focus on investing in software, health IT, mobile, internet, e-commerce and digital media companies.

    Details on the fund:

  9. Excelerate Health Ventures

    Excelerate Health Ventures is a healthcare IT focused fund with an emphasis on investing in seed and early-stage healthcare software and services start-ups with a SaaS B2B model.

    Details on the fund:

  10. NovaQuest

    NovaQuest is a New Castle-based private equity company specializing in mid-sized biotech and pharmaceutical companies.

    Details on the fund:

  11. Shah Capital

    Shah Capital Management is a company that specializes in global investment services.

    Details on the fund:

  12. Contender Capital

    Contender Capital operates as a micro-venture capital firm.

    Details on the fund:

  13. Modern Energy Management

    Modern Energy is an energy asset management firm that invests in businesses that bring emerging energy technologies.

    Details on the fund:


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