North Carolina Innovation Funds » The Program » Current NCIF Investments

Current NCIF Investments

Bull City Venture Partners is a North Carolina-based venture capital firm focused on partnering with the best entrepreneurs to help create market leading companies. Our focus is on software, ecommerce, digital media, healthcare IT, mobile, and internet technologies with a primary focus on the Mid-Atlantic and Southeast US. BCVP is known as a strong value-added partner with its’ portfolio companies.

Falfurrias Capital Partners is a Charlotte-based private equity investment firm focused on acquiring or investing in a diverse portfolio of middle-market companies operating in the Southeastern United States. The firm seeks to make control equity investments ranging from $10 million to $30 million. By leveraging the extensive strategic and operational experience and business relationships of the firm’s principals, Falfurrias positions itself to be a value-added partner for both its portfolio companies and its limited partners.

Frontier Capital provides growth equity to business services companies. We focus exclusively on partnering with the management teams of high growth business services companies seeking to accelerate growth, fund acquisitions or generate shareholder liquidity. Our investments include both minority and majority ownership positions of $5 million to $20 million in companies generating $5 million to $30 million of revenue with demonstrated profitability. Founded in 1999, the firm is based in Charlotte, NC, and currently has $250 million under management.

Kian Capital Partners is a private investment firm that provides mezzanine debt and equity co-investments to lower middle-market companies primarily located in the Southeast United States. Kian is a relationship-oriented partner that provides flexible capital solutions in support of acquisition opportunities, growth initiatives, and the shareholder liquidity needs of business owners, management teams, and private equity firms. Kian targets investments of $3 million to $15 million into companies with less than $150 million in revenue.

River Cities Capital Funds provides growth equity financing and business acumen to high-potential healthcare and information technology companies. River Cities specializes in helping entrepreneurs with market-proven solutions, services, and devices to effectively and efficiently build infrastructure for rapid and profitable revenue growth. With nearly $500 million under management and more than 100 investments made, River Cities has established itself as a preferred partner among the entrepreneurial and private equity communities. The firm is currently seeking new investments for its fifth fund and recently marked its first investment out of Fund V in Trax Technologies.