VC  Intersouth Partners

http://www.intersouth.com





     Office Locations:

4711 Hope Valley Road Suite 4F - 632
Durham, NC 27707
Phone: 919-493-6640

 

Stages:

  • Early


 

Industries:

  • Communications & Networking
  • Food & Agriculture
  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device
  • Semiconductor
  • Software & Internet

  •  

    Description:

    Founded in 1985, Intersouth manages $780 million in seven venture capital limited partnerships, making this fund the largest venture capital fund in North Carolina and one of the largest in the Southeast. Intersouth Partners is a regionally focused venture fund with an emphasis on Research Triangle Park, NC, and the corridor between Baltimore and Florida. The firm's preference is to participate in the first institutional round of a company with an initial investment between $500,000 and $6,000,000. Intersouth Partners is one of the most active and experienced venture capital firms in the Southeast, having invested in more than 100 private companies. Intersouth also takes a leadership role in subsequent financings, planning for an average total investment in a single company of $12,000,000 through all rounds of financing. The firm's industry focus includes: Life Sciences (biopharmaceuticals, medical devices, agricultural biotechnology and biomaterials); and Information Technology (software, semiconductor, communications, security). Specifically, Intersouth does not consider deals in the following industries: airline, apparel, broadcasting, consumer product, entertainment, industrial, manufacturing, oil & gas, publishing, real estate, or restaurant.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Dennis J. Dougherty Member Manager
    Kay Burgess Chief Financial Officer
    Mitch Mumma Member Manager

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      09/09/2024


      CSA Medical


      MA


      $53,000,000


      Series D


     

    Portfolio companies include:


      480 Biomedical
        web link


      6 Fusion


      ABT Molecular Imaging
        web link


      Adaptivity
        web link


      Advanced Animal Diagnostics


      AGTC


      Alimera Sciences


      Argos Therapeutics
        web link


      Arsenal Medical
        web link


      Azalea Health
        web link


      Cempra


      CSA Medical
        web link


      EDJX
        web link


      Esanex


      Innocrin Pharmaceuticals
        web link


      Lyra Therapeutics


      Microchip Biotech


      PeopleMatter
        web link


      Proteon Therapeutics


      Vascular Pharmaceuticals
        web link


      Viamet


      Zenoss
        web link


     

    Recent News: