South Carolina Angel Network announces two new investments
April 1, 2016
The South Carolina Angel Network (SCAN) announces investments in two new companies, Crowdr.tv and Target PharmaSolutions, Inc.
Crowdr.tv is a Charleston-based crowdfunding platform that is the first of its kind to include livestreaming video, interactive Q&A, and real-time fundraising. The platform is designed to help political candidates with campaign contributions and non-profits with charitable donations.
Target PharmaSolutions, Inc. is a Chapel Hill, NC-based clinical information company that is launching a new approach for post marketing surveillance of pharmaceutical agents.
Paul Clark, Managing Director of SCAN, noted, “The two investments SCAN completed in March were in widely different markets but with common investment themes. Both have compelling leadership teams that are deeply experienced and knowledgeable in their industries, and both have demonstrated early traction with customers. Target PharmaSolutions was SCAN’s most oversubscribed round to date, with 47 investors from across the network participating.”
Michael Stevens, Founder and CEO of Crowdr, said, “It is still hard for early-stage companies to raise money in South Carolina. But with perseverance and dedication, it is becoming easier as the infrastructure for angel investors has expanded. We look forward to building a great company from the capital SCAN has provided – and helping others raise donations to make a difference.”
About SCAN
SCAN was launched in 2014 to expand the work of the Upstate Carolina Angel Network in Greenville across the Carolinas. SCAN now includes nine angel groups and over 220 members in Aiken, Anderson, Asheville (NC), Charleston, Columbia, Greenville, Rock Hill, Spartanburg, and the Grand Strand. To learn more visit www.scangelnetwork.com.
