Investing in Great Teams and Great Opportunities.

The Carolina Angel Network (CAN) brings together the UNC entrepreneurial community, UNC alumni network, and innovative private companies to empower the businesses that drive our future.

Our mission is to support the UNC entrepreneurial community with an angel investing platform and co-investment fund (the Carolina Angel Investment Fund) that engages and leverages the power of the UNC alumni network. The CAN operational team and investment platform exist within the UNC Office of Innovation, Entrepreneurship and Economic Development.

The Carolina Angel Network actively engages and matches UNC alumni network expertise with portfolio companies to support growth and success. The global Carolina community offers a uniquely powerful opportunity for networking and guidance from industry experts and successful entrepreneurial leaders. CAN members work actively to connect CAN portfolio companies with the UNC network to foster collaboration and further success.

Carolina Angel Network Team

  • Randy Myer
    Managing Director

Mr. Myer is presently a professor at the Kenan-Flagler Business School on the University of North Carolina campus. He teaches Business Plan Analysis, Launch the Venture and the PE Mentor classes in the MBA and undergraduate business programs. He joined the UNC faculty in 1999 as a part-time instructor and became a full-time faculty member in 2002.

Besides his teaching activities, Mr. Myer is an active local investor and board member. He is Chair of the Board of a startup in the medical device space and has invested several other startups. He is Chair of the Board for NC Idea, which is a foundation devoted to funding early stage companies in North Carolina. In addition he is an investor in two NC venture capital funds, a private equity fund and two local angel groups as well as one in Seattle. He is a board member of the Carolina Research Venture Fund and part of the founding team for the Carolina Angel Network. He a former Board member and Exec Committee member of the NC School of Science & Math.

In 1991, Mr. Myer founded Best Friends Pet Care, a national chain of high quality luxury hotels for dogs and cats. Beginning with an idea and a business plan, he raised $3 million in seed capital to launch the company and then did three more rounds of financing raising another $45 million. He built into a large national chain that is presently located throughout the country before successfully selling his interest in the company to a private equity firm in 1997. Between 1997 and 1999 he was President of Lindblad Expeditions, a high end travel company

Before starting Best Friends, Mr. Myer was a partner with Booz, Allen & Hamilton for 13 years. He specialized in the consumer product and services industries and led consulting assignments in customer service, strategy, marketing and operations. In 1989 he authored an article in the Harvard Business Review on customer service strategy.

Mr. Myer graduated with a B.A. from the University of North Carolina and received his MBA from Harvard University.


Carolina Angel Network launches, led by UNC professor/investor/entrepreneur

NC-Chapel Hill has formally launched its Carolina Angel Network, pledging some $2 million to match angel investments made into UNC-related startups. A UNC professor, investor and entrepreneur, leads the fund….
Read more at http://wraltechwire.com/carolina-angel-network-launches-led-by-unc-professor-investor-entrepreneur/16438153/#YAyeXBuqVEJlmtaP.99


UNC Office of Commercialization and Economic Development

To accelerate the pipeline of important ideas that are successfully put into practical use, Chancellor Carol Folt created the Vice Chancellor’s Office for Innovation, Entrepreneurship and Economic Development In February 2015. The Office houses Innovate Carolina, the pan-university network and ecosystem of support for innovation, as well as the Office of Commercialization and Economic Development. OCED is responsible for managing all aspects of UNC-Chapel Hill intellectual property. Additionally, as part of Innovate Carolina, our office helps faculty, staff, and students effectively manage inventions and technologies that may have impact with or without commercialization. We partner with them through the entire translation process. OCED provides funding and support and works closely with other University and external funders and resource providers to further develop and translate discoveries and technologies. OCED forges relationships with external partners in industry and business to help structure partnerships that bring UNC-Chapel Hill research to market. Furthermore, we provide services, training and mentorship to promote entrepreneurship and startup company formation. We assist startups with securing space, finding resources and funding, and assembling a proper leadership team.


UNC Kenan-Flagler Business School

UNC Kenan-Flagler Business School is committed to developing transformative entrepreneurial leaders as founders, funders and growth executives. The Center for Entrepreneurial Studies (CES), founded in 1997 through the generosity of Frank Hawkins Kenan, offers a comprehensive array of curricular and co-curricular programs under the rubric Learn-Launch-Lead (L3)™ to develop skills and direct experience not found at other business schools. Our broad-spectrum entrepreneurship curriculum fosters our collaborative, hands-on and results-driven learning environment to build an entrepreneurial mindset. And, our commitment extends beyond graduation to support career transitions through our global network of alumni mentors and coaches.


UNC School of Law

Carolina Law prepares outstanding lawyers and leaders to serve the people and institutions of North Carolina, the nation and the world. Home to numerous centers and initiatives, the school offers strong expertise in civil rights, banking, environmental law, intellectual property, entrepreneurial and securities law, critical studies, bankruptcy and constitutional inquiry.

Affiliate Members

This program is for young alums who are not yet accredited investors.  You will follow the progress of CAN and our deals.  You will be invited to our informal network events with the Members.  We would welcome your introductions to potential deals you see.  And any potential Members you know who are accredited.  No annual fee to be Affiliate member. 

Write randy_myer@unc.edu  to apply.

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