Locations

CARY · NC, USA; Remote

Private financing in CARY, aggregated from public sources.

$902.8M
Capital raised
74
Companies
114
Rounds
2006
First on record
2025-12-09
Latest round

Cooling CARY drew $3.2M over the last 12 months, down 67% versus the prior 12 ($9.5M). Of 73 companies rankable against same-niche peers, 25% model over-valued and 26% under-valued.

Capital flow over time

Quarterly capital raised in CARY.

2008-Q3 · $174K2008-Q32009-Q2 · $19.0M2009-Q3 · $985K2009-Q4 · $1.8M2010-Q1 · $4.0M2010-Q2 · $2.6M2010-Q22010-Q3 · $19.6M2010-Q4 · $684K2011-Q1 · $62.1M2011-Q2 · $2.0M2011-Q3 · $500K2011-Q32011-Q4 · $9.9M2012-Q1 · $1.1M2012-Q2 · $37.5M2012-Q4 · $526.5M2013-Q2 · $175K2013-Q22013-Q3 · $17.5M2013-Q4 · $690K2014-Q1 · $6.0M2014-Q2 · $1.2M2014-Q3 · $1.6M2014-Q32014-Q4 · $633K2015-Q1 · $1.3M2015-Q2 · $225K2015-Q3 · $6.3M2015-Q4 · $5.6M2015-Q42016-Q2 · $7.7M2016-Q3 · $542K2016-Q4 · $2.4M2017-Q2 · $175K2017-Q3 · $125K2017-Q32017-Q4 · $241K2018-Q1 · $200K2018-Q2 · $2.1M2018-Q3 · $2.8M2018-Q4 · $100K2018-Q42019-Q1 · $37.0M2019-Q2 · $8.4M2019-Q3 · $430K2019-Q4 · $354K2020-Q2 · $4.8M2020-Q22020-Q3 · $100K2020-Q4 · $5.2M2021-Q2 · $19.8M2021-Q3 · $2.4M2021-Q4 · $2.3M2021-Q42022-Q1 · $8.5M2022-Q2 · $1.0M2022-Q3 · $375K2022-Q4 · $38.2M2023-Q1 · $3.7M2023-Q12023-Q2 · $220K2023-Q3 · $8.0M2024-Q2 · $3.0M2024-Q3 · $6.5M2025-Q2 · $3.0M2025-Q22025-Q3 · $2.5M2025-Q4 · $625K
Sector mix
SectorCompaniesRoundsCapital
Other Health Care68$561.2M
Other1826$124.7M
Biotechnology29$40.4M
Other Technology2130$40.1M
Pharmaceuticals22$36.0M
Business Services36$30.4M
Retailing22$18.0M
Gaming27$16.4M
Top-funded companies
CompanySectorRaisedModeled value
Sage Products Holdings, LLCOther Health Care$522.5M$12.4B
Cornerstone Therapeutics IncPharmaceuticals$30.0M$1.0B
Aquity Holdings, Inc.Other Health Care$36.0M$797.6M
Sciquest IncBusiness Services$26.3M$390.3M
Bandwidth.com, Inc.Other$42.4M$363.8M
Portside, Inc.Other$57.2M$350.1M
Cenerx Biopharma IncBiotechnology$33.3M$186.3M
Zy Therapeutics Inc.Pharmaceuticals$6.0M$185.8M
Phoenix Cardiac Devices, Inc.Biotechnology$7.2M$179.6M
Smartlink Mobile Systems, LLCComputers$5.3M$176.0M
Wearality CorpOther Technology$6.5M$155.8M
Saffron Technology IncOther Technology$5.5M$138.7M
Icarus Studios, Inc.Other$8.1M$122.8M
Qhb Holdings LlcRetailing$15.0M$77.1M
Rex Surgery Center of Cary, LLCHospitals and Physicians$3.3M$77.0M
Global Management Associates, Inc.Other Technology$2.1M$71.9M
Lightforge Games Inc.Gaming$12.0M$71.2M
Arpio, Inc.SaaS / Software$8.0M$68.7M
InvestiQuant, Inc.Other Technology$2.8M$56.2M
Medfusion, Inc.Other Technology$4.5M$51.1M
More in NC, USA; Remote
Raleigh$1.4BCharlotte$1.1B

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Frequently asked
How much venture funding have companies in CARY raised?
Companies based in CARY have raised approximately $902.8M across 114 recorded financing rounds among 74 companies, aggregated from public sources.
Is startup funding in CARY growing?
CARY funding is currently cooling: capital raised over the last 12 months was down 67% versus the prior 12 months.
What sectors are most active in CARY?
The most active sectors in CARY by recorded financing are Other Health Care, Other, Biotechnology, Other Technology. See the sector mix table for company and round counts.
Which are the most-funded companies in CARY?
The most-funded CARY companies in our coverage include Sage Products Holdings, LLC, Cornerstone Therapeutics Inc, Aquity Holdings, Inc., Sciquest Inc, Bandwidth.com, Inc.. See the ranked table for disclosed capital and modeled valuations.