From Radiology Business — Radiology data analytics vendor Quinsite has raised $5.5 million in series A financing, leaders announced on Wednesday. The funds come by way of investment firms including Fulcrum Financial Partners, Front Porch Venture Partners and the Triangle Tweener Fund, among others. Chapel Hill, North Carolina-based Quinsite said it will use the money to fuel growth initiatives and expansion in other specialties such as pathology, anesthesiology, orthopedics and emergency medicine.
From WRAL Tech Wire — The goal of Front Porch is to provide a point for individual investors and family offices to have the opportunity to invest in start-ups and small businesses. Their focus is on the Southeast region, and the firm partners with a number of other venture capital firms across the Southeast.
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From Triangle Business Journal — A startup venture capital fund is looking for deals – even as it eyes the possibility of launching a second fund later this year.
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From Grepbeat — Greggory Bordes has nearly 20 years of experience across venture capital, private equity and public markets. Gregg is the Managing Partner of Front Porch Venture Partners in the Triangle, which he co-founded to help individual accredited investors and family offices attain diversified exposure to the Southeast’s top venture capital firms and startups.
Prior to co-founding Front Porch, he helped oversee a large North Carolina family office’s investment strategy, where he was responsible for the M&A process. Prior to that, he was the VP/Head of Research at venture-backed fintech YipitData in New York.
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From Hypepotamus — Three Duke classmates have joined forces to bring more capital into the Southeast startup scene.
Greggory Bordes, Joe Mancini, and Nikin Shah, all graduates of The Fuqua School of Business, started North Carolina-based Front Porch Venture Partners after working across the country at various investing organizations, startups, and larger corporations.
Front Porch’s first fund, oversubscribed at $5 million, is what Bordes describes as a hybrid fund. By investing both into other ventures funds and directly into startups, the fund looks to “bring more people into the startup ecosystem from an investor perspective.”
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