nCino

Hustling in comfort at the beach delivers fast results for fintech startup nCino

Posted by Jim Roberts | Nov 13, 2017

Just last week, nCino was recognized by Deloitte as the fastest growing company in North Carolina and number 189 among the 500 fastest growing tech companies in America. This fintech banking software company is not in Raleigh, Durham or Charlotte, but at the beach in Wilmington. nCino has been recognized by Forbes Magazine as one of the Top 100 most promising companies in America – the only company on this list from North Carolina. Between parent company Live Oak Bank and spinout nCino, they have hired over 300 UNC Wilmington graduates. They are consistently listed as the Best Place...

Data Dump: The 10 Biggest VC Raises and Top Five Exits of 2016

Posted by Amy Huffman | Jan 9, 2017

2016 has come and gone, but numbers—specifically those showing venture capital deal flow and investment amounts—are still trickling in. TBD as to whether final figures will depict a year similar to 2015’s blockbuster fundings or something more akin to NC’s mediocre showing from 2011-2014. But if the most recent data from the National Venture Capital Association is an indicator, it looks like 2016 may fall somewhere in between. Top Five Tech Raises 1. Phononic 2016: $71 million Series E Total: $158.9 million One of two tech companies to make the top ten list of raises in 2016. See above for more...

Data Dump: The 10 Biggest VC Raises & Top Five Exits of 2016

Posted by Amy Huffman | Jan 9, 2017

2016 has come and gone, but numbers—specifically those showing venture capital deal flow and investment amounts—are still trickling in. TBD as to whether final figures will depict a year similar to 2015’s blockbuster fundings or something more akin to NC’s mediocre showing from 2011-2014. But if the most recent...

11 Bullish Beachside Businesses

Posted by Laura Baverman | Sep 7, 2014

A day in Wilmington at the Coastal Connect Entrepreneur and Capital Conference revealed some pretty interesting, headline-grabbing young companies. Though I met some of these entrepreneurs during a visit in March, I’m struck again by the diversity of ideas in Wilmington and the national traction and attention these companies have received despite their small beach town digs. So check them out below – 11 young companies to watch in Wilmington. The App That Refines Your Taste Next Glass is weeks from launching its app that uses an algorithm based on the chemical makeup of wine and beer to make...

Don’t Stereotype Startups in Wilmington

Posted by Laura Baverman | Mar 19, 2014

Construction begins this week on a shiny new Wilmington office building to house the growing team of 78 staffers running nCino, a two-year-old startup forcing change in the banking world with its cloud and mobile-based loan origination platform. nCino’s founders are bullish. Seven years ago, they created the mostly virtual Live Oak Bank and in the years to follow, designed nCino’s cutting edge software to help its loan officers operate differently and more efficiently from their competitors. The men then raised $20 million—including $10 million from a Boston investor in January—to grow nCino far beyond its 40 customers today....