WCED Blog


As The Year Comes to a Close Startups Announce Big Funding Numbers

Raleigh Startups
This year has been a successful year for startups and entrepreneurs in North Carolina and the Triangle Region. In Q1 and Q2 alone, 85 entrepreneurial companies raised nearly $427 million in North Carolina. As the year comes to a close and funding rounds close, it's becoming even more evident just how successful startups and early stage companies are doing here. Within 24 hours, on December 1 and 2, four companies announced raising big dollars. 

WedPics started the momentum announcing scoring $8.5 million from its most recent funder, which brings its total funding to more than $12 million according to CEO Justin Miller. The financial backers even include local funders such as David Gardner. WedPics is a free and convenient wedding website and app that allows brides and grooms to provide wedding guest information and collect all of their guests' photos & videos into one private location. Learn more about Wedpics most recent cash haul here.

FilterEasy, a subscription-based service that delivers air filters to your home or business, told Triangle Business Journal that they had received a $3 million Series A Funder. According to their CEO Thad Tarkington, this cash will go towards growing their downtown Raleigh headcount. Read Triangle Business Journal's report here

EmployUs, one of the area's newest startups hopes to change the way companies hire with a referral app, raised a $750,000 seed round investment led by several local funders including Cofounders Capital and Sovereign's Capital, in addition to other angel investors. Read ExitEvent's full report.

Netsertive, a digital marketing intelligence technology company, took the cake after completing a round of $24 million in Series C funding. The funding was led by River Cities Capital Funds who also has a local Raleigh presence. Netsertive's numbers were so impressive TechCrunch took note

As the year wraps up we will anxiously await good funding news from other local companies. 

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