Announcing the 2024 Tweener List and Accolades

Posted 
April 10, 2024
 in 
Announcement
 by 
Scot Wingo

The Triangle Tweener List (Tweener List) is excited to unveil the 2024 Tweener List

The 2024 Tweener List features:

• 54 new Triangle Tweeners

• Total of 300 Triangle Tweeners now being tracked and reported on

• The Tweener List’s sister organization, Tweener Fund has invested more than $6m in over 80 of the Tweeners representing 27% coverage

• 2023 was a banner year with $350m of fresh capital coming into Tweeners

• Five exits and only one closure were recorded.

“I started the Tweener List in 2015 to shine a spotlight on our ‘goldilocks startups.’, said Scot Wingo, Tweener List Founder. “The first list had 48 companies, many of those like Pendo and Bandwidth have been our areas current stars.  Eight years later, we now have 300 – a 6X increase.  To me this is the strongest signal that the Triangle’s startup ecosystem is not only healthy but growing exponentially.”

Triangle Tweener List Tracker Updated

Here is the updated Tweener List Tracker that shows the surge in this critical segment of the startup ecosystem:

2023 Top Exits and Fundraisers Honored

At the April 10th event hosted in concert with Raleigh/Durham Startup Week, the Tweener List also honored the top fundraisers of 2023.  The event wouldn’t have been possible without our sponsors: Robinson Bradshaw, EisnerAmper and Bank of America.

The award recipients were:

2023 Tweener List Top Exits:

1. Allobee – exited 1/31/23 to The Riveter

2. e-Emphsys – exited 5/1/23 to VitalEdge

3. 3Birds Marketing – exited 6/623 to DAS Technology

4. Playmetrics – exited 8/23/23 to BSIP

5. InfiniaML – exited 9/1/23 to Aspirion Health Resources

2023 Tweener list Top Fundings:

1. Pryon raised over $100m on 9/19/23.

2. Teamworks raised over $65m on 4/12/23.

3. Certificial raised $15m on 7/12/23.

4. Levitate raised $14m on 4/27/23.

5. GreenPlaces raised $13m on 6/20/23.

6. Relay raised $13m on 4/26/23.

7. BotBuilt raised $12.4m on 12/27/23.

8. Plantd raised $10m on 7/1/23.

9. K4Connect raised $9m on 7/13/23.

10. Aprio raised $8.2m on 8/14/23.

2024 54 New Triangle Tweeners

Here are the 54 new Triangle Tweener companies (in alphabetical order):

1. /n software

2. 1336 Studios

3. Able Device

4. Agerpoint

5. Alo Enterprise Systems

6. Altis Biosystems

7. Anewgo

8. aPersona

9. Asimetrix

10. AURA Technologies

11. BallotReady

12. Betr Health

13. BlueArrow Telematics

14. Blueco

15. Callback Technologies

16. Centeredge

17. Cirrus Insight

18. Cicero Inc.

19. COZYROC

20. Dairy Records Management Systems

21. Dataedo

22. Device Magic

23. Epic Hire, Inc.

24. Epifany

25. Exit Intelligence

26. Galaxy Diagnostics

27. GTM Buddy

28. ImageQuix

29. Inn-flow

30. Keystone Systems

31. Lead Semantics

32. Lodgistics

33. Lucem Health

34. NovaDine

35. OperationsHERO

36. Phinite

37. Plantd

38. Pluto Health

39. PtEverwhere

40. Public Input

41. Revcast

42. Simply Easier Payments

43. SiteBridge Research

44. Sizeo.ai

45. Storeroom Logix

46. Suggestion OX

47. Syllaby

48. TopQuadrant

49. Trackx Technology

50. Trio Labs

51. Upswing

52. Vis Flow

53. Voxel Innovations

54. vTestify

About the Triangle Tweener List

The Triangle Tweener List was founded in March of 2015.  The Tweener List is a curated list of ‘goldilocks’ companies defined as:

1. Companies must be headquartered in the Triangle region of NC (aka Research Triangle).

2. Companies must be over 10 people or $1m in annual revenues.

3. Companies must be under 800 people or $80m in annual revenues.

4. Companies must be technology/venture fundable businesses. Consulting, recruiting and lifescience companies that require FDA approval are not included on the list.

Triangle Tweener List and Fund is managed by two Triangle area serial entrepreneurs who are the General Partners (GPs): Scot Wingo and Robbie Allen. Tweener Fund leverages the Angel List ‘rolling fund’ platform.  The minimum investment is $20,000 (4 quarterly investments of $5k for the first year) and then ‘rolling’ (quarter-to-quarter) thereafter.  In its first two years, Tweener fund invested over $6m across 114 investments in Triangle HQ’d high-tech early-stage startups.  Unlike closed funds, the Tweener Fund is always open for new accredited investors.

More information can be found at www.tweenerlist.com and  www.tweenerfund.com.

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