MB  Dragonfly Capital

http://www.dragonflycapital.com/





     Office Locations:

The Packard Building
1310 S. Tryon Street, Suite 109
Charlotte, NC 28203
Phone: 704-342-3491
Fax: 704-342-9750

 

Stages:

  • Early
  • Middle Market


 

Industries:

  • Business Services
  • Communications & Networking
  • Consumer Products & Services
  • Energy & Clean Tech
  • Financial Services
  • Information Technology
  • Manufacturing & Industrial
  • Media & Digital Media
  • Semiconductor
  • Software & Internet
  • Sports & Entertainment
  • Transportation & Distribution

  •  

    Description:

    Founded in 2000, Dragonfly Capital is a merchant-banking firm focusing primarily on the specific needs of management and owners of small and middle-market companies. Dragonfly Capital works with companies in emerging industries (such as life sciences, entertainment, transportation, communications, and information technology) and traditional industries (such as manufacturing, distribution, and business services). The firm invests in companies with a revenue of $5 to $100 million and the majority of its transactions are in the $10 million to $35 million range. In connection with private placements, as part of the firm's investment banking relationship with its clients, Dragonfly takes part of its success fees in the form of equity. Dragonfly may also invest its own capital in sellside or recapitalization transactions alongside financial buyers or investors.



    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.
    Don Millen, Jr. Principal
    Joe Taylor
    Randy Snyder Principal
    Rene Matthews-Usher Principal
    Ryan Fischer

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      01/07/2020


      TaxBit


      UT


      $5,000,000


      


      07/10/2019


      Nebulous


      MA


      $3,250,000


      Seed


      05/06/2019


      Crusoe Energy Systems


      CO


      $4,500,000


      Seed


      02/28/2019


      Coin Metrics


      MA


      $1,900,000


      Seed


     

    Portfolio companies include:


      Chanticleer Holdings
        web link


      Coin Metrics
        web link


      Crusoe Energy Systems
        web link


      Cyalume
        web link


      Deep Down Inc
        web link


      Innova Solutions
        web link


      Nebulous
        web link


      TaxBit
        web link


     

    Recent News: