We’ve assembled and answered some of the most frequently asked questions below. However, if you require additional information or have a question that is not answered here, please contact us.
Please see our Investment Criteria page.
Intersouth Partners is a regionally focused venture fund that invests across the Southeast, primarily in the corridor from Baltimore through Florida, including Washington, DC, the Research Triangle region and Atlanta.
Only under special circumstances do we consider an investment outside our targeted geography, and it typically is not in a lead role.
Intersouth is focused on the life science and technology sectors. Life science includes biopharmaceuticals, medical devices, agricultural biotechnology and biomaterials companies. In the area of technology, we will consider most software, semiconductor, communications, digital media, clean technology and security companies.
Intersouth provides seed and early-stage financing and prefers to be the lead investor in an early institutional round.
Intersouth does not review deals in industries outside of our stated focus, which is life science and technology companies. Specifically, we do not consider deals in the following industries: airline, apparel, broadcasting, consumer product, entertainment, industrial, manufacturing, oil & gas, publishing, real estate or restaurant.
Intersouth makes only equity investments.
Our preference is to participate in an early institutional round of a company with an initial investment between $500,000 and $6 million. We also take a leadership role in subsequent financings, planning for an average total investment in a single company of up to $12 million through all rounds of financing.
You may submit a business plan online or by email. You may also mail a hard copy to: Intersouth Partners, 406 Blackwell Street, Suite 200, Durham, NC 27701.
Please allow approximately two weeks for us to respond to your submission.
Once we become interested, someone from Intersouth will contact you by phone to discuss your business plan in more detail. Should we continue to be interested, we will arrange an in-person meeting with one or more members of our investment team, during which you would present your plan and answer questions. At that point, Intersouth would request information to begin the due diligence process. Due diligence and additional meetings including all Intersouth partners take place before any decision to invest is made.
Intersouth will investigate the various assumptions of the business plan including management reference checks, market assessment and financial modeling. We hope you’ll do due diligence on Intersouth, too. You should contact service providers and entrepreneurs you trust to learn about what it’s like to work with Intersouth.
Intersouth aligns its objectives for long-term capital growth with those of our entrepreneurs. We add value to our portfolio companies by working closely with management as a trusted ally. With more than two decades of experience in private company financings and several serial entrepreneurs among our partnership, we clearly understand the challenges entrepreneurs face and work to help our management teams build exceptional companies.
As a significant investor, Intersouth prefers to play an active role on a portfolio company’s board of directors.
It is the policy of Intersouth Partners not to sign NDAs. We receive hundreds of business plans each month, making it impractical to be a party to so many different contracts. Intersouth takes every measure to ensure the confidentiality of each plan submitted. We have built a respected reputation over the past two decades and take great pride in our integrity.
We review more than 2,000 opportunities each year.
Intersouth makes approximately six to 10 new investments each year.
Please check our reference section if you have more questions about venture capital and the investment process. If you have additional questions about Intersouth, please feel free to contact us.