Charlotte Fund
Charlotte-based venture fund investing in the city’s highest-quality technology companies at pre-seed/seed in the Charlotte metro and later-stage companies across the Carolinas. Launched in 2022 with LaunchCLT; partners Mark McDowell and Don Rainey closed Charlotte Fund II in 2024. HQ: Charlotte, NC (SEC Form D lists 2101 Beverly Drive).
Typical check size
$250K-$3M (stage-based estimate)
Founded
2022
Headquarters
Charlotte, NC
AUM
N/A
Rounds they lead
Seed
Rounds they invest
Pre-Seed
Seed
Series A
Series B
Growth
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FAQs about Charlotte Fund
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
Public materials emphasize pre-seed/seed tech startups in the Charlotte metro and later-stage companies across the Carolinas; Fund II materials describe a heavier later-stage tilt alongside seed.
Charlotte, North Carolina. Charlotte Fund II, LP lists a Charlotte mailing/business address on its SEC Form D.
A by-and-for-Charlotte equity partner for local tech companies, run with LaunchCLT to accelerate startup capital velocity in the market.
Inquire via charlottefund.com. Seed-stage companies are expected to be Charlotte-based with product-market fit and venture-scale potential.
Lead vs. participant roles vary by deal — confirm with the partnership (Mark McDowell, Don Rainey).
Ask the firm for current Fund II parameters — do not rely on invented figures.
Seed focus on Charlotte metro; later-stage exposure across the Carolinas.
charlottefund.com and LaunchCLT (launchclt.org) for ecosystem context.