Hezekiah Griggs III Launches New Venture Capital Firm

Mar 29, 2011   //   by admin   //   News & Updates  //  No Comments

H360 Capital’s investments will primarily focus on tech entrepreneurs and businesses in their early-stage of development

Charlotte, N.C. – March 29, 2011 – Hezekiah Griggs III today announced the formation and launch of venture capital firm, H360 Capital. The firm draws on Griggs’ extensive experience as a successful entrepreneur and networking prowess to create a new, early-stage focused venture capital firm designed to support the needs of today’s entrepreneurs. H360’s first fund will be announced in a forthcoming release.

“I’ve long known, that Innovation is the cornerstone to any thriving economy, culture, or environment,” said Griggs. “My partners and I are collectively concerned about the diversity of thought, and the entrepreneurship climate that exists today. However, there is no greater time than now, to fulfill the promise of technology’s burgeoning presence in our lives, and how it will help shape the future of how we live.”

H360 Capital’s philosophical approach to venture capital investing is simple; the firm seeks to invest in entrepreneurs at the earliest stage possible. “We realize that the most critical point of a venture is when it begins to turn its ideas into operating ventures,” commented Griggs. “In order to fulfill that vision, we will change the relationship-based component to venture capitalism, into idea-based investing.” Griggs and his Partners will serve in various capacities to assist in the development of portfolio companies, and at times take board seats to ensure the success of the ventures.

H360 Capital will look to invest in a broad range of innovative technology startups, including cloud computing, social media, networking, consumer products and enterprise applications.

The firm’s partners, who will be announced in forthcoming releases, have experience in a myriad of businesses and innovative product launches. “We’ve all experienced the success and failure of starting new ideas. I think that bolds well for us, as we help our entrepreneurs identify the map for success in their individual businesses,” said Griggs. “It became abundantly clear to me, in noticing the venture capital landscape that we [Griggs and the partners] needed to join together and start H360 Capital.”

H360 Capital will be located in Charlotte, NC.

About H360 Capital
H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

About Hezekiah Griggs III
Hezekiah Griggs III is the founder and Managing Partner of H360 Capital, a new venture capital based in Charlotte, NC. Griggs has been called “America’s Youngest Media Mogul.” His name means, “He who God has Strengthened,” and at 22, his collective work in the world clearly exhibits the power of a name.

Described as a “wunderkind,” Griggs started his first business at the age of seven. As a teenager, Griggs distinguished himself as one of the most successful young entrepreneurs in the world, and began consulting with Fortune 500 companies on their marketing, banking, and media relations with the billion-dollar teen consumer market.

Griggs founded HG3 Media in 2003, where he successfully published and operated magazines and media products geared towards teens. The company now operates as a consultative marketing firm, leveraging Griggs’ experience and success in youth marketing to help other organizations strategically manage their images and brands.

Contact:
Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

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