NC Idea Overview

  • Investor Type
  • Accelerator/​Incubator

  • Status
  • Active

  • Professionals
  • 6

Professionals

  • Investments
  • 500

  • Portfolio
  • 279

  • Exits
  • 185

Exits

NC Idea General Information

Company Description

Founded in 2005, NC Idea is an accelerator firm based in Durham, North Carolina. The firm seeks to invest in companies operating in the biotechnology, cleantech, greentech, computer, digital hardware, consumer products, digital social media, healthcare information technology, medical devices, diagnostics, and software sectors.

Business Details

Website
www.ncidea.org
Formerly Known As
Groundwork Labs
Year Founded
2005
Investor Status
Actively Seeking New Investments
Primary Investor Type
Accelerator/Incubator
Other Investor Types
Impact Investing
Limited Partner
Corporate Office
  • 411 West Chapel Hill Street
  • Suite C2
  • Durham, NC 27701
  • United States
+1 (919)

NC Idea Investments (500)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
GameFlo 16-May-2024 Grant Educational Software Generating Revenue
XR Technologies 10-May-2024 Therapeutic Devices Stealth
Copy and Post 08-May-2024 Business/Productivity Software Generating Revenue
Arclet 07-May-2024 Communication Software Generating Revenue
Loom3d 07-May-2024 Clothing Startup
FemHealth Insights 01-May-2024 Media and Information Services (B2B) Generating Revenue
Artificially Digital 29-Apr-2024 IT Consulting and Outsourcing Generating Revenue
Dexit 29-Apr-2024 Consulting Services (B2B) Generating Revenue
Kahmino 29-Apr-2024 Accelerator/Incubator Real Estate Services (B2C) Startup
Nicelle Technologies 29-Apr-2024 Accelerator/Incubator Other Textiles Startup
You’re viewing 10 of 500 investments. Get the full list »

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NC Idea Exits (185)

Company Name Exit Date Exit Type Exit Size
TSV Analytics 29-Sep-2024 Out of Business
FotoSwipe 05-Aug-2024
PopUp 25-Jul-2024
GoKart 01-May-2024
Ecree 26-Apr-2024
MicMag by Me 20-Feb-2024
Moor for Less 12-Feb-2024
Bavel Blocks 05-Feb-2024
NeedsList 08-Jan-2024 Merger/Acquisition
No Mess SPF 08-Jan-2024 Out of Business
You’re viewing 10 of 185 exits. Get the full list »

NC Idea Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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NC Idea Management, Team & Partners (16)

Name Title Deals Funds Boards Office
Thomas Ruhe President & Chief Executive Officer Durham, NC
Ben Redding JD Chief Financial Officer Durham, NC
Andrea Cook Senior Director, Marketing Durham, NC
Allan Younger Senior Director of Programs Durham, NC
Barry Ryan Senior Director of Strategic Partnerships Durham, NC
You’re viewing 5 of 16 team members. Get the full list »

NC Idea Co-Investors (2)

Name With Exits Lead Partner Series Industry
R/GA Ventures 1 Series chart Industry bar
Royalty Marketing Series chart Industry bar
To view NC Idea’s complete co-investors history, request access »

NC Idea FAQs

  • What is NC Idea?

    Founded in 2005, NC Idea is an accelerator firm based in Durham, North Carolina.

  • When was NC Idea founded?

    NC Idea was founded in 2005.

  • Who is the founder of NC Idea?

    David Rizzo is the founder of NC Idea.

  • Who is the CEO of NC Idea?

    Thomas Ruhe is the CEO of NC Idea.

  • Where is NC Idea headquartered?

    NC Idea is headquartered in Durham, NC.

  • What is NC Idea's total asset value?

    NC Idea has around in total assets under management.

  • How many investments has NC Idea made?

    NC Idea has made 500 investments.

  • What has NC Idea invested in?

    NC Idea has made numerous investments in companies like GameFlo, XR Technologies, and Copy and Post within the Educational Software, Therapeutic Devices, and Business/Productivity Software industries.

  • What has NC Idea invested in recently?

    NC Idea's latest investment was on 16-May-2024 in GameFlo, a company within the Educational Software industry.

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