VentureSouth Angel
VentureSouth Angel last closed a fund in January 2024 — 34 months ago. By its own rhythm, that is already past its usual gap.
VentureSouth Angel has raised 5 times about every 21 months. The last was VentureSouth Angel Fund VI LP. That pointed to Oct 2025. It is 13 months past its own gap and has not filed a new fund.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 6
- Capital raised
- $13M
- Latest close
- January 2024
- Based in
- SC
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| VentureSouth Angel Fund VI LP | January 2024 | $580,000 | 0002008336 ↗ |
| VentureSouth Mallard Fund LLC | June 2022 | $7M | 0001938700 ↗ |
| VentureSouth Angel Fund V LP | January 2022 | $1M | 0001907593 ↗ |
| VentureSouth Angel Fund IV LP | June 2020 | $2M | 0001816154 ↗ |
| VentureSouth Angel Fund III LP | January 2019 | $1M | 0001764722 ↗ |
| VentureSouth Angel Fund II LP | September 2016 | $1M | 0001683890 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Paul Clark, Leon Banks, Raymond Dunbar, Charlie Banks, Mac Lackey, Matt Dunbar
What VentureSouth Angel invests in
- Typical fund
- $1M median, pre-seed / seed scale
- Website
- venturesouth.vc
Service providers
- Fund administrator
- None reported — the adviser answered “no administrator” for 5 of 5 funds
- Auditor
- Not on file
From Form ADV filed by VENTURESOUTH FUNDS GP CRD 310092 ↗, latest filing February 2024, covering 5 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since — and this adviser has not filed since then in our data. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.