VentureSouth
SelectiveGreenville, SCInvestment Management, Healthcare, Business ServicesLast fund filed 2024
3 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| VentureSouth Angel Fund VI | 2024 | $10M | $580,000 | 18 |
| VentureSouth Mallard Fund | June 2022 | $25M | $7.3M | 21 |
| VentureSouth Angel Fund V | 2022 | $10M | $1.1M | 20 |
| VentureSouth Angel Fund IV | June 2020 | $10M | $1.9M | 25 |
| VentureSouth Angel Fund III | 2019 | $5M | $1.2M | 20 |
| VentureSouth Angel Fund II | September 2016 | $5M | $1M | 20 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
3 partners are named across this firm’s filings, 3 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Leon Banks | Slowing | AI & machine learning, Fintech | 3 | 1 |
| Paul Clark | Slowing | Medical devices, AI & machine learning, Fintech | 8 | 1 |
| Raymond Dunbar | Slowing | AI & machine learning, Fintech | 4 | 1 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Classified sectors of VentureSouth’s own portfolio companies, based on 5 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of VentureSouth’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Sonder Futures | 1 | CEREVAST THERAPEUTICS |
A shared board seat: a company where filings name a VentureSouth partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.