The Wolfpack Investor Network (WIN) is an initiative focused on connecting alumni investors with promising NC State-affiliated startup companies to facilitate angel investments. WIN is also working collaboratively with the existing Duke Angel Network (DAN) and the Carolina Angel Network (CAN) to support the new Triangle Venture Alliance (TVA). Through this alliance, all three networks share best practices, resources and ultimately investment opportunities.
The creation of WIN enhances NC State’s brand as a university that drives economic, societal and intellectual prosperity through innovation. Although only in its second year, WIN:
- Has 130 members
- Closed 15 investor transactions in less than two years
- Secured 14 WIN portfolio companies
- Generated total investment amount for WIN transactions is $7M
WIN has coordinated with the Technology Entrepreneurship and Commercialization (TEC) program to recruit graduate students earning MBA degrees from the Poole College of Management to complete the due diligence process for each company presenting to WIN members. More than a dozen MBA students have worked for WIN to date. The MBA students are benefiting from the educational opportunity of getting hands-on experience creating diligence reports for WIN members to use to make sound investment decisions.
Faculty members are also a key component to WIN’s screening process. Faculty from multiple colleges from NC State have assisted WIN in screening applicant companies for possible investment promise. So far approximately 15 faculty members have aided in the WIN screening processes. Joe Sinsheimer, Managing Director of WIN, has participated in a number of speaking engagements on behalf of WIN. He has served as a panelist in multiple Triangle and university-focused discussions.
The WIN initiative is currently housed in the KIETS offices and KIETS Associate Director Raj Narayan serves as a member of the WIN Steering committee and works closely advising the WIN team.