Triangle Tweeners have the following criteria:
1. They must be headquartered in the Triangle.
2. They need to be a technology company — software, hardware, tech-enabled services, digitally native brands, e-commerce, etc.
3. Have a minimum of $1,000,000/yr ($80k/m) in sales OR 10 people. Or as we say in startup-land, $1m ARR or $80k MRR.
Once a company is over $80m/yr in revenue or 500 employees they ‘graduate’ off the list.
Think of Triangle Tweeners as the ‘Goldilocks’ companies in the Triangle — not too small and not too large. These are our future breakouts, big fund-raisers, acquisition targets and (fingers crossed) IPOs.
Tweeners are also great for folks moving to the area to target for their first Triangle gig, or if you are at a big company locally and want to try something more entrepreneurial — check out a Tweener today!