Triangle Tweener Fund Launches New Website and Announces 12 Q1 Investments

No venture slowdown in the Triangle region!

The Triangle Tweener Fund (Tweener Fund) is excited to announce the results of the first quarter of 2023.

In partnership with DreamTen, a local design agency, we have launched a comprehensive new website at https://www.tweenerfund.com. The new site features an updated 2023 'Triangle Tweener Fund pitch' video, a complete searchable portfolio database, and more.

Note: We are actively on-boarding new investors (limited partners, or LPs) - we have a the lowest minimum in Triangle venture investing at $20k (4 Q’s $5k/Q) and you have to be an accredited investor- details and application on the site.

Tweener Fund Highlights of Q1 2023

In addition to launching the new website, Tweener Fund made 12 new investments:

• 10 new portfolio companies (two investments were follow-on investments)

• $675k invested across the 12 investments

• 9 were Tweener investments (companies above $1M in revenue or 10+ employees)

• 3 were Pre-Tweener investments

• $56,250 average investment

• $2.6m average round size

• $19.4m average pre-money valuation

· Number of investments by instrument:

• SAFE: 7 (58%)

• Convert: 3 (25%)

• Priced Round: 2 (17%)

134 investors (LPs) - up from 128 in Q4 (+6) 

Details and a list with ‘micro pitch’ for each investment are available here.