Join our Network
Annual Membership
Exclusive Access to UNC’s Best Startup Investments
The Carolina Angel Network (CAN) connects you with the most promising startups founded by UNC alumni, faculty, and students. Whether you’re a seasoned investor looking for high-quality, vetted deal flow or a new angel eager to learn and engage, CAN offers an exclusive, curated investment experience.
Why join CAN?
Curated, High-Quality Deal Flow
Our experienced team filters hundreds of startup opportunities, bringing forward only the top 4-6 investments per year. Skip the noise—focus on the best.
Exclusive Angel Network
Join a select group of like-minded investors with deep industry experience and a shared UNC connection. Whether you want to learn from experts or collaborate with seasoned entrepreneurs, CAN is your gateway to a high-value network.
Engage Beyond Capital
Investors can choose to be hands-on or hands-off. Provide mentorship, serve as an advisor, or join a startup board to help UNC startups grow while expanding your own expertise.
Dedicated Investment Team
A team of experienced venture professionals and industry-specialist members conducts rigorous due diligence—saving you time and enhancing decision-making.
How We Invest
We aggregate all of our investors into a special purpose vehicle (SPV) to invest as one group.
Exclusive Access to UNC-Founded Startups
Gain early access to startups led by UNC’s top entrepreneurial talent, with a strong pipeline of co-investment opportunities from other leading angel and venture groups.
Learn & Invest with Confidence
For newer angels, CAN provides one-on-one guidance, investor education programs, and real-world experience to build confidence and expertise in startup investing.
Streamlined Investment Process
Deals are pre-screened and vetted before reaching members.
Select up to 6+ investments per year—no pressure, full flexibility.
Participate in founder Q&A sessions before making investment decisions.
Invest & Track Online
Access a private deal room where you can view the due diligence report & company materials, submit your commitment, and execute the closing paperwork.
Track your personal investment portfolio with our private investment tracking tool where you can view company updates and see your personal portfolio performance.
Our Process
The Director oversees deal flow and initial screening. Venture fellows and the Director do an initial company analysis.
A Screening Committee is formed, comprised of 3-5 active members with expertise in the applicable industry.
The Director and Venture fellows prepare an academic due diligence report.
Outside counsel is engaged to provide input on the term sheet and financing documents.
The company presents to our members (via webinar).
Our members discuss the opportunity in a breakout session.
Members have 2+ weeks to review the materials and make individual decisions on our deal portal.
Membership Requirements
To become a member, you must meet the SEC’s definition of an Accredited Investor. There is no requirement to invest in our deals as you make your own decision on a deal by deal basis. We offer ~6 deals per year in which you may participate directly with the founders and listen in as members offer opinions and thoughtful questions. If you do choose to invest, there is a minimum of $5,000 per deal.
Full membership dues are $1,500 and renews annually.
What our Investors Say
"As a relatively new member of CAN, I’ve been impressed by the rigor of the due diligence process—including detailed due diligence reports prepared by staff, often with input from industry experts. Having access to this information in advance of hearing a company pitch, allows for more robust dialogue and, ultimately, helps me make a more informed investment decision.”
Maureen O’Connor President Moxie Health Advisors, LLC. Chapel Hill, NC
Disclaimer
The management, staff, and board of directors of the Carolina Angel Network, LLC (collectively, “CAN”), make no representation or warranty regarding the accuracy or completeness of the information contained in our diligence reports and specifically disclaim any liability related to the information provided in provided diligence reports. Any member of the Carolina Angel Network choosing to invest in any company, does so on his, her, or its own accord based on an independent investigation of the investment opportunity and hereby waives any potential claim against CAN related to the information provided in our reports.