American Underground Releases 2021 Annual Report
The data is in, and American Underground is sharing in their latest annual report with information collected between October 2020 and September 2021. The team says, “Our favorite stat is that 52% of AU member companies are led by a woman and/or a person of color, the highest percentage since we began measuring back in 2014.” […]
American Underground-based firms raise $97.4M, create 402 jobs in one year
The 189 member companies of the American Underground have raised more than $97 million and created 402 new jobs between Oct. 2020 and Sept. 2021, according to a report the organization shared with WRAL TechWire, prior to making it publicly accessible. Further, demand for startup coworking facilities is high, said Tim Scales, the director of […]
Try American Underground, Free Coworking Day on October 14
Come spend a day coworking at American Underground and learn about the many amenities for members. Whether you’re looking for a change of scene or just want to try out the AU, come for Free Coworking Day on Thursday, October 14, 2021. “We hosted our first Free Coworking Day in September and were blown away […]
AU’s Tim Scales Talks Growth, Community and Looking Ahead with GrepBeat
The online Triangle tech news source GrepBeat recently featured American Underground Director of Growth Tim Scales on its online site. When Brooks Malone, who penned the piece, asked Scales what exciting thing has happened recently for him or AU, Scales cited two things. “I think what’s remarkable about the pandemic is that we are emerging […]
AU Black Founder Exchange Program Open For Applications, Deadline July 19
The American Underground’s Black Founder Exchange program is currently accepting applications…but they close in less than a week. Led by American Underground, this week-long immersion program empowers Black founders by providing curated community, connections, and content designed to build sustainable, revenue producing companies. 94% of participating companies from the past 5 years are still operational. […]
American Underground, Raleigh Founded team up on special offer to each other’s customers
American Underground and Raleigh Founded are teaming up to allow their respective customers to utilize office space and services at the other firm’s sites at little or no charge. American Underground operates in Durham. Raleigh Founded is based in Raleigh. The firms say they are responding to growing demand for colocation space and office services in the wake of the […]
American Underground turns 10
The evolution to Triangle treasure from trash in a basement As a New Year begins with the world continuing to grapple with COVID-19, the leadership at American Underground remains very positive that more growth on the way for the entrepreneurial hub now entering its 11th year of operations. From a humble beginning in a basement to one […]
American Underground Releases Annual Report for 2020
American Underground came out on the other side of 2020 with a strong finish and bright outlook. The collaborative campus for startups has now released the 2020 End of Year report. The hub for entrepreneurs saw a nice rebound from some of the early effects of COVID and ended the year with seven more members […]
American Underground Aims to Help Laid-Off Workers Pivot to Entrepreneurship
If you have lost your job and want to become an entrepreneur with hopes of launching a new career, American Underground wants to help. The startup hub is launching a new program – Landing Spot – that it says will help workers make a “pivot.” “Losing your job, particularly during the current crisis, can feel […]
Durham CBC’ers Featured in New “Bulls of Durham” Book
Durham is spending 2019 celebrating the city’s 150th anniversary, which turned out to be the perfect time for the launch of new project by one of its citizens, Sheila Amir. Several Durham CBC’ers have been featured in her new coffee table book, Bulls of Durham. Amir turned the seed of an idea into a years-long […]