Charlotte's startup ecosystem shows a strong mix of industries, with notable activity in telecommunications and financial technology. The area attracts considerable investment for both large infrastructure projects and specialized software companies.

Leading the pack in funding is BrightSpeed, a telecom provider that has raised $6.5 billion. Other key companies include FinTech firm Aiwyn and IT solutions provider Flexential, which have also secured major investments.

Below is our list of 10 Charlotte startups worth keeping an eye on.

Failory's Top 10 Picks

Brightspeed builds and operates a fiber optic broadband network for residential and business customers. The company aims to deliver faster, more reliable internet access, particularly in underserved communities.

Year Founded2021
FoundersChris Creager, Robert Mudge, Tom Maguire
Funding Amount$6.5B
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusGrant
Top InvestorsOhio Residential Broadband Expansion Grant, Apollo, Mubadala, North Carolina Department of Information Technology, Ohio Department of Development

Aiwyn created an automation platform specifically for accounting firms to manage billing and cash flow. The software uses AI to accelerate collections and unlock business insights from firm data.

Year Founded2020
FoundersChris Furlong, Ellen Choi, Justin Adams, Pat Morrell, Tanner Fritz
Funding Amount$127M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsBessemer Venture Partners, Revolution Ventures, Kohlberg Kravis Roberts, Cerity Partners Ventures, Relevance Ventures (formerly Relevance Capital)

Flexential provides hybrid IT solutions that combine colocation data centers with cloud, interconnection, and data protection services. They focus on delivering tailored infrastructure to help organizations balance costs, scalability, and security needs during their digital transformation.

Year Founded2000
FoundersDavid Jones
Funding Amount$1B
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsHamilton Lane, GI Partners, Morgan Stanley Infrastructure Partners

isolved delivers a comprehensive Human Capital Management (HCM) platform that streamlines HR, payroll, and benefits for businesses. Their people-first technology is designed to create a more intuitive and engaging employee experience.

Year Founded1986
Founders—
Funding Amount$350M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSecondary Market
Top InvestorsAccel-KKR, Goldman Sachs Alternatives

DebtBook provides treasury and accounting software built for government and non-profit finance professionals. Their platform helps these specialized teams manage debt and streamline complex financial operations.

Year Founded2019
FoundersTyler Traudt
Funding Amount$23.7M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsElephant, Creative Co Capital, Meeting Street Capital

Springbok Analytics has created an AI platform that transforms standard MRI scans into detailed 3D models of muscle tissue. The platform's detailed analyses provide a personalized view of the musculoskeletal system, enabling new applications in precision health and athletic performance.

Year Founded2013
FoundersCraig Meyer, Joe Hart, Scott Magargee, Silvia Blemker
Funding Amount$11.2M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsNational Science Foundation, Alumni Ventures, TitletownTech, Getty Images, National Institutes of Health

AmWINS operates as a leading wholesale insurance broker, connecting retail agents with a wide array of specialty products and services. The firm delivers solutions in brokerage, underwriting, and group benefits to help clients manage complex insurance needs.

Year Founded1998
FoundersKay Zito
Funding Amount$61M
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusVenture Round
Top InvestorsDragoneer Investment Group, PSP Investments

Skiptown operates a unique pet care concept that blends a dog park and bar with services like daycare, boarding, and grooming. Their platform centralizes these offerings into a single app, allowing owners to manage their pet's care from one place.

Year Founded2016
FoundersMeggie Williams
Funding Amount$27.4M
Startup SizeMid-Size Team (51-250)
Last Funding StatusPrivate Equity
Top InvestorsMeaningful Partners, Focus Impact Partners

Printful runs a print-on-demand dropshipping service that helps creators turn their ideas into products and online brands. Their platform handles the entire fulfillment process, from printing and packaging to shipping orders directly to customers.

Year Founded2013
FoundersDavis Siksnans, Lauris Liberts
Funding Amount$130M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsBregal Sagemount

MedShift operates a medical technology platform connecting aesthetic device manufacturers with healthcare providers. The company streamlines equipment sales and service through its platform and a unique "Device-as-a-Service" subscription for practices.

Year Founded2015
FoundersBrian Phillips, Brittani Rotunda Phillips, Lisa Tiller
Funding Amount$163.3M
Startup SizeLean Team (11-50)
Last Funding StatusDebt Financing
Top InvestorsTurning Rock Partners, OY6 Capital, Micota Capital, Brian Phillips