I  The Startup Factory


     Office Locations:

334 Blackwell St, Suite B-005
Durham, NC 27701



  • Seed



  • Information Technology
  • Media & Digital Media
  • Software & Internet



    The Startup Factory is a technology accelerator that runs an intensive, three month program customized for early stage startup companies. In exchange for 7.5% equity, startups receive $50,000 in seed capital, hands-on mentorship, and access to a network of active angels, veteran startup founders, and experienced technology experts. All companies that successfully complete the accelerator will receive a convertible note of $20,000 to $150,000.

    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.
    Chris Heivly Managing Director
    Dave Neal Managing Director
    Lizzy Hazeltine Venture Associate


    Portfolio companies include:

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      Science Behind Sweat
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      The Spoken Thought
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