Wilmington Investor Network
Description
The Wilmington Investor Network (WIN) is a prominent angel investor group established in 2014, based in Wilmington, North Carolina. Operating as a private equity fund composed of local angel investors, WIN focuses on providing capital to promising early-stage companies. The network plays a crucial role in fostering the entrepreneurial ecosystem within the greater Wilmington area by connecting local startups with experienced investors.
WIN's investment strategy centers on identifying and supporting nascent businesses, often those with a strong connection to the regional economy. The group facilitates this by holding monthly meetings where selected early-stage companies present their pitches to the network's members. This structured approach allows investors to collectively evaluate opportunities and pool resources for more impactful investments.
Since its inception, the Wilmington Investor Network has demonstrated a consistent commitment to its mission. By 2021, WIN had invested more than $2 million across a portfolio of over 17 companies. This track record indicates an average investment of approximately $117,000 per company, reflecting their typical contribution to seed and early-stage rounds. Their investments aim to provide critical early capital, enabling startups to achieve key milestones and attract further funding.
WIN's role extends beyond just capital provision; its members often bring valuable mentorship and strategic guidance to their portfolio companies. This hands-on approach, combined with their focus on regional development, positions the Wilmington Investor Network as a vital resource for emerging businesses in the Southeastern North Carolina startup landscape.
Investor Profile
Wilmington Investor Network has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 10% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Health Care, Biotechnology, Software.
- Typical check size: $50K – $250K.
Stage Focus
- Series A (30%)
- Seed (25%)
- Series B (25%)
- Series Unknown (5%)
- Convertible Note (5%)
- Angel (5%)
- Series C (5%)
Country Focus
- United States (90%)
- Canada (10%)
Industry Focus
- Health Care
- Biotechnology
- Software
- Medical Device
- Information Technology
- Enterprise Software
- Financial Services
- Biopharma
- Big Data
- Cloud Infrastructure
Frequently Asked Questions
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