Triangle Tweener Fund Launches New Website and Announces 12 Q1 Investments

Scot Wingo
1 min readApr 6, 2023
Tweener Fund 12 Q1 investments

Today the Triangle Tweener Fund (Tweener Fund) announced the results of the first quarter of 2023.

In partnership with DreamTen, a local design agency, we have launched a comprehensive new website at https://www.tweenerfund.com. The new site features an updated 2023 ‘Triangle Tweener Fund pitch’ video, a complete searchable portfolio database, and more.

Note: The Tweener Fund is actively seeking investors (limited partners/LPs), we have a $20k minimum commitment (lowest in the triangle by 10x) and only accredited investors, details on the site.

In addition to launching the new website, Tweener Fund made 12 new investments:

  • 10 new portfolio companies (two investments were follow-on investments)
  • $675k invested across the 12 investments
  • 9 were Tweener investments (companies above $1M in revenue or 10+ employees)
  • 3 were Pre-Tweener investments
  • $56,250 average investment
  • $2.6m average round size
  • $19.4m average pre-money valuation

Number of investments by instrument:

  • SAFE: 7 (58%)
  • Convert: 3 (25%)
  • Priced Round: 2 (17%)
  • 134 investors (LPs) — up from 128 in Q4 (+6)

More details including complete company details are available here.

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Scot Wingo

CEO of Spiffy (www.getspiffy.com) and Co-Founder/Executive Chairman of ChannelAdvisor