Stories of Technology, Innovation, & Entrepreneurship in the Southeast

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January 12, 2022 | Tom Ballard

CAN celebrates five years, shows impact an angel fund can have

As it celebrates its fifth birthday, the Carolina Angel Network (CAN) continues to help early stage start-ups grow and flourish by providing advice, networks and capital that startups need to be well positioned for success.

CAN is an angel investing platform that connects University of North Carolina at Chapel Hill-affiliated entrepreneurs and start-ups to its member investor network. It helps that the organization is housed at the university.  In CAN’s brief five-year history, it has supported more than 20 start-ups, with members investing more than $20 million and generating more than $108 million in revenue for these ventures. You can learn more about CAN by reading this recent article from WRAL TechWire.

Angel investing is important to a region, and that’s why three local organizations – Knoxville Chamber, Knoxville Entrepreneur Center, and Innov865 Alliance – are joining forces to host a three-session series to attract more angels. You can learn more about the series and register for one or more of the sessions at this link.


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