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Matt Dunbar Elected to Angel Capital Association Board of Directors

Charlie Banks
Charlie Banks
Last updated: June 6, 2024
Dunbar Head Shot

Congratulations to Matt Dunbar on his recent election to the ACA’s Board of Directors.

Matt Dunbar Elected to Angel Capital Association Board of Directors

North America’s trade association for accredited angel investing elects four new directors

Kansas City, MO, June 24, 2013 – The Angel Capital Association (ACA), the North American trade association of angel groups and private investors that invest in high growth, early-stage ventures, has elected Matt Dunbar, Managing Director of Upstate Carolina Angel Network (Greenville, SC) to the Board of Directors.

ACA has also elected three other new directors: Theresa Sedlack of Innovation Notre Dame (South Bend, IN), Curtis Gunn of Desert Angels (Tucson, AZ), and Parker MacDonell of Ohio TechAngels (Columbus, OH).

“In our role of advocating on behalf of accredited angel investing and nurturing investing best practices across North America, ACA is pleased to bring new talent to our board to continue to best serve the needs of our constituents”, said David Verrill, ACA Chairman. ACA provides professional development for angel groups, family offices and individual accredited investors and delivers services and benefits to support the success of the portfolio companies of ACA members. ACA also serves as the advocacy voice and the trusted authority on accredited angel investing.

“There’s never been a more critical time to increase the reach and resources of angel investors who provide vital early stage capital to the entrepreneurs who drive job creation and economic growth,” said Dunbar. “I am honored and excited to have this opportunity to serve on the ACA Board as we work to attract and support those investors – especially in underserved markets like South Carolina, where early stage capital is scarce.”

As Managing Director of Upstate Carolina Angel Network, Dunbar is responsible for the strategy and operation of the Greenville-based group of investors that has invested $7 million in 26 companies since its founding in 2008. Dunbar began his career as a chemical engineer with Eastman Chemical Company and later worked with several Fortune 500 clients as a management consultant with the Boston Consulting Group after completing his MBA at Stanford.

Active in his community, Dunbar also has a passion for education and serves as a Visiting Lecturer in Venture Finance in the Clemson University MBA program and with the Property and Environment Research Center in Bozeman, Montana. He is a volunteer Board Member of Junior Achievement of Upstate South Carolina, which teaches young people finance and business and empowers them to own their economic success. He also serves as Director on multiple portfolio company boards, providing guidance and education to the entrepreneurial ecosystem.

“We look forward to working with the new board members,” said ACA Executive Director Marianne Hudson. “Each brings new talents and perspectives to help us continue to develop new programming that furthers the personal success of our members and strengthens our innovation economy.”


About Angel Capital Association (ACA)

The Angel Capital Association is the leading professional and trade association supporting the success of angel investors in high-growth, early-stage ventures. ACA provides professional development, industry voice, public policy advocacy and an array of benefits and resources to its membership of 200 angel groups and more than 8,500 individual accredited investors.; Twitter: @ACAAngelCapital.

About Upstate Carolina Angel Network (UCAN)

The Upstate Carolina Angel Network (UCAN) is a group of accredited investors located in Upstate South Carolina who invest in and support start-up and early-stage, high-growth businesses in the Southeastern United States. UCAN members possess a broad array of business experiences and skills they bring to bear in helping to screen and evaluate potential portfolio companies. They also serve as a valuable resource for guidance and advice to entrepreneurs and their businesses once an investment is made. Since its inception in 2008, UCAN has invested more than $7million in 26 companies. @VentureSouth_VC