We Connect UNC Alumni and Friends to UNC Startups
Be part of a network of successful alumni, donors and friends of UNC who are passionate about helping early stage companies that are managed by UNC alumni.
You must be an accredited investor by SEC standards but you can become affiliate member if you do not meet that standard
Our CAN organization has the resources and team that find and screen the best deals possible across the U.S.
We screen early stage companies with early revenue or customers, perform due diligence for the members through dedicated resources and allow members to make their own choice of investment.
How it Works:
CAN Members:
Receive opportunities to invest in 6-8 new companies per year
Review company investment documents and thorough due diligence memos
Select the deals that are personally of interest to you
Attend member investment meetings to evaluate the founders and bus plan with other members
Review term sheet and legal documents (opinion provided)
Decide to invest - or not
UNC-Affiliated Entrepreneurs:
Submit investment documents and business plan
Present to CAN senior team and screening committee
Participate in due diligence process led by CAN team
Present to members who expressed interest and answer questions
Negotiate term sheet with CAN team and lawyers
Report quarterly on their progress after the CAN members invest
Membership Criteria
Investment Criteria
Angel Fund
Focused on partnering with entrepreneurs
The management of the Carolina Angel Network is fully aware of the funding gap for early stage startup businesses and is committed to being part of the solution for Carolina-affiliated entrepreneurs.