VentureSouth named a top 10 angel investment group

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The Angel Capital Association has named Greenville-based VentureSouth one of the top 10 angel investment groups in the country in its 2019 Angel Funders Report.

The Angel Capital Association is the largest association of angel groups in the world, with 260 angel groups and other early stage investors with over 14,000 members, according to a news release.

“It is a great honor to be recognized as a top 10 angel group by the ACA,” Matt Dunbar, VentureSouth managing director, said in the release. “Most of the other groups on the list have been nationally-recognized leaders in this space for many years, so we are delighted to be included and proud to be deploying similar levels of capital in our communities in the Southeast.”

During the first half of this year, VentureSouth members and fund investors invested $4.8 million into 17 companies, 24% more than the $3.9 million invested during the same period in 2018, according to the release.

VentureSouth invested $7 million in 22 companies in 2018.