A  Duke Angel Network


     Office Locations:

215 Morris Street
Suite 300
Durham, NC 27701



  • Early
  • Seed



  • Consumer Products & Services
  • Information Technology
  • Software & Internet



    The Duke Angel Network (DAN) connects, supports, and cultivates the Duke entrepreneurial community. In addition to providing capital, the group actively matches Duke alumni expertise with portfolio companies to drive growth. Prospective investments must have a founder or executive who is a Duke alumnus, faculty, staff, student, or parent; be raising seed or Series A equity capital of $300,000 or more, or syndicating later-stage equity financings with an existing institutional lead investor; and be located in the U.S. The affiliated Duke Innovation Fund consists of philanthropic contributions that are targeted at entrepreneurship across the global Duke community. The Fund will match angel member investments in each DAN investment, with matching amounts at the discretion of the Steering Committee. All proceeds are returned to the fund and reinvested in companies. Duke University has committed $2 million to the fund with an initial target size of $20 million in committed capital.

    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
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    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.
    Dave Neal Director, Successful Exits
    Ryan Frew Associate Director


    Recent Funding Events (trailing 12 months):















      Series A


    Portfolio companies include:

        web link

        web link


    Recent News: