Invest with RollingSouth
10
Expected Deals/Year
0
Unique LPs have invested
Note from RollingSouth
RollingSouth is a joint venture between SuperAngel David Grisell and VentureSouth, a top 10 angel group in North America.
We leverage the Deal Flow and Diligence from VentureSouth and David’s entrepreneurship into a family of funds that bring curated Southern Startups to a wider group of investors. VentureSouth invested in 30 companies in 2023.
Each month, RollingSouth brings an investment to Angellist where David has conducted extensive diligence using the VentureSouth process, and where both David and VentureSouth members are investing.
David is a physician by training with an MBA in entrepreneurship. He moved to full time startup investing while operating his own startup and hosts a weekly podcast on Southern Startups, Venture in The South. He has over 50 startup investments in his portfolio with a Net DPI of 1.94 for a IRR of 35.8%. His active portfolio has a RVPI of 1.36. For more details on David’s and VentureSouth’s portfolio results, listen to our portfolio results podcast on Venture In The South E:41.
VentureSouth is represented in RollingSouth by Paul Clark, a managing partner at VentureSouth, with a background in M&A and Private Equity. David and Paul organize the SPVs and syndicates for RollingSouth.
RollingSouth invests exclusively in early stage Startups in the Southern US with these strategic characteristics:
- Have undergone a rigorous diligence process (see Venture In The South E:1)
- Are mostly Tax Advantaged:
- Exempt from capital gains tax as Qualified Small Business Stock investments (see Venture In The South E:12 and section 1202.
- Frequently eligible for state Angel Investor Tax Credits, an ~30% cash rebate to investors regardless of your state of residence (see Venture In The South E:47)
- Show the hallmarks for potential success:
- A unique, defensible and scalable solution for a significant unsolved problem
- Evidence of Product Market Fit with some market traction
- Outstanding founders with a strong team
- A large market opportunity
- A sound and executable Go To Market strategy
- A reasonable Exit Strategy
- Reasonable and equitable Deal Terms
- We are co-investors in every company in our portfolio.
RollingSouth currently offers investors the change to invest via Single Company SPVs: single company investments with a minimum investment of $2,500, for investors who want to select specific investments to fit their own portfolio strategy.
Why RollingSouth?
- Experienced GPs
- Outstanding Deal Flow
- Excellent track record of success
- Geographic diversification: Only Southern US startup investments
- Deal diversification: Non-correlated with other investment categories (real estate, public equities, bonds, private equity and commodities)
- Competitive fees
- Tax Advantaged
- We do all the Diligence and Deal work, you get quarterly updates, annual K-1s and exit statements
Follow David on LinkedIn and feel free to contact for any questions for more information about RollingSouth or any of our SPVs.
Dealflow
Southeast deal flow
RollingSouth's GPs and VentureSouth members invest close to home - where we can be most helpful to the companies. We typically lead "traditional" angel deals ($500k investments in first "institutional rounds"), and participate in larger rounds syndicated across the southeast.
This is an unusual set of deal flow for Angellist, where there are few southeastern-based syndicates, so our investment opportunities are not the same as those on other angels' menus.
Syndication
We will syndicate here those investments that we think will suit angel investors, where the entrepreneurs support the idea, where deal terms and round sizes make syndication possible, and where there is a small allocation left open in the round.
