VentureSouth invests in 100th companyMarch 29, 2023
VentureSouth announced a major milestone, as the firm and its investors have now invested in 100 early-stage companies. Earlier this month, VentureSouth invested in Darby, a healthcare technology startup, marking the 100th company in the firm’s portfolio.
Darby is based in Greenville, SC where VentureSouth got its start 15 years ago with the launch of the Upstate Carolina Angel Network. Since then, the early-stage investment group has deployed nearly $75 million across those 100 companies.
Darby is working to simplify at-home care delivery for providers and vendors with a modern and efficient order flow platform, drastically reducing time, friction and errors in the process. The company is led by founder Charlotte Lawson who was previously an Attending Physician and Champion for Innovation at Prisma Health, then went on to Harvard Business School where she recognized the need for Darby’s solution as she continued practicing medicine while pursuing her MBA.
“It has been a pleasure working with VentureSouth on our recent capital raise, and we are honored to be the 100th company in their portfolio,” said Lawson. “We look forward to working with the group and their investors who will provide both capital and insight as we tackle a large and growing problem in the healthcare space.”
VentureSouth Co-Founder and Managing Director Matt Dunbar added, “We are thrilled to announce our investment in Darby, and we’re equally proud that we have now been able to support 100 companies over the years. It is a privilege to partner with entrepreneurs like Charlotte who are working tirelessly against long odds to solve challenging and meaningful problems in the world.”
Dunbar added, “We are delighted to reach this “first century” milestone, and we’re already hard at work seeking out the next one hundred startups to add to our portfolio.”
To learn more about VentureSouth, and perhaps invest in some of the next 100 companies, please visit www.venturesouth.vc.