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About Charlotte Angel Fund

Charlotte Angel Fund, established in 2013, is an angel investment group based in Charlotte, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 12 firms, spanning the Enterprise Applications, HealthTech sectors. Its most notable investments include companies like Guerrilla, Nufabrx and Skiptown. As of May 2026, Charlotte Angel Fund has witnessed 4 portfolio exits. Its latest investment was a $2.5M Seed round in Gradient Health on Feb 22, 2022, which also saw participation from VentureSouth and Wavemaker 360.
To date, 23 investors have co-invested in Charlotte Angel Fund's portfolio companies, including prominent names like Cardinal Finance.
Key Metrics
Founded Year
2013
Location
Charlotte, United States
Portfolio Companies
Stages of Investment
Seed & Series A
Locations of Investment

Charlotte Angel Fund's List of Top Investments

Charlotte Angel Fund has a portfolio of 12 companies. Their most notable investments are in Bundle and Bundle.Their portfolio spans across and United States. They have invested in Enterprise Applications, HealthTech, High Tech and 12 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Charlotte Angel Fund:
Manufacturer of radio frequency integrated circuits for various applications. These integrated circuits cater to wireless infrastructure, automotive connectivity, and military radio systems. The company focuses on developing components for underserved market segments. Its products aim to enhance coverage area and data rates for equipment manufacturers.

Key facts about Guerrilla

Nufabrx provides a wearable fabric with therapeutic value for pain management. It offers its flagship product which releases blemish-fighting active ingredients. It offers shirt, paints, shocks, arm sleeves and others. The device is mainly used for pain management. The company claim that the therapeutic value is maintained after washing also.

Key facts about Nufabrx

SaaS-based platform to book pet care facilities. It allows users to streamline pet care services, manage their accounts, and track visit reports. It offers on-demand dog-walking services featuring real-time visit updates, photo reports, and GPS-tracked maps. It offers mobile applications for Android and iOS devices.

Key facts about Skiptown

Online platform offering tutoring solutions for students. It provides online tutoring for students and real-time analytics on students' performance to their administrators. Sessions take place through the platform via audio, video, document sharing, and a virtual whiteboard.

Key facts about Upswing

Key facts about Slope Software

Charlotte Angel Fund's Investments by Stage

Charlotte Angel Fund has made 10 investments in Seed stage with an average round size of $988K and 2 investments in Series A stage with an average round size of $10M.
Here are Charlotte Angel Fund's investments by stage:
Stage of entry
No. of Investments
Seed
10
Series A
2
Breakdown of Charlotte Angel Fund's investments by stage of entrySeed (10)Series A (2)
Note: We have considered here, only first round of investments

Charlotte Angel Fund's Investments by Sector

Charlotte Angel Fund has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, HealthTech, High Tech and Internet of Things - Industry Applications. Notably, it has invested in 12 Tech companies, 8 Enterprise (B2B) companies, 6 Consumer (B2C) companies and at least 6 companies focusing on Software.
Here are Charlotte Angel Fund's investments by sector:
Sector
No. of Investments
Enterprise Applications
5
Consumer
4
HealthTech
3
High Tech
3
Internet of Things - Industry Applications
3
Others
19
Breakdown of Charlotte Angel Fund's investments by sectorsEnterprise Applic... (5)Consumer (4)
Note: We have considered here, only first round of investments

Charlotte Angel Fund's Investments by Geography

Charlotte Angel Fund has made most investments in United States (12).

Charlotte Angel Fund's recent investments

Charlotte Angel Fund has not made any investment in 2026 so far.
Here are the most recent investments by Charlotte Angel Fund:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Feb 22, 2022
United States
Seed
8484
Jan 11, 2022
United States
Seed
5788
Oct 14, 2021
United States
Series A
9571
  [+7]
Aug 30, 2021
United States
Seed
2403
May 24, 2021
United States
Seed
9714

IPOs and Publicly Listed companies in Charlotte Angel Fund's Portfolio

1 of Charlotte Angel Fund's portfolio company became public -  Guerrilla. It got listed on the OTC Markets (OTCMKTS), in Jul 2022 at marketcap of undefined
Here are Charlotte Angel Fund's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Jul 29, 2022
Feb 23, 2015
Seed
1387

Acquired companies in Charlotte Angel Fund's Portfolio

3 companies from Charlotte Angel Fund's portfolio have been acquired. The most recent acquisition was Slope Software in Mar 2026 by Akur8 Technologies for $*****.
Here are Charlotte Angel Fund's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Mar 17, 2026
Aug 30, 2021
Seed
7320
Sep 25, 2023
Oct 14, 2021
Series A
4760
Sep 09, 2019
Jan 11, 2017
Seed
6345

Co-investors of Charlotte Angel Fund

Over the past 11 years, 70 investors have co-invested in Charlotte Angel Fund's portfolio companies. This includes funds and angels.

  • Invested before Charlotte Angel FundNC IDEA, Cofounders Capital and 13 others have invested in rounds before Charlotte Angel Fund. There are 2 companies where NC IDEA has invested before Charlotte Angel Fund and 2 companies where Cofounders Capital has invested before Charlotte Angel Fund.
  • Top Co-investors of Charlotte Angel Fund23 investors entered a company along with Charlotte Angel Fund. These include investors like Cardinal Finance (1 company).
  • Invested after Charlotte Angel FundA total of 32 investors have invested in Charlotte Angel Fund's portfolio after their investments. Top Investors include Montrose Capital Partners (1 company) and Mark Tompkins (1 company).

Recent News related to Charlotte Angel Fund

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FAQs about Charlotte Angel Fund

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