The Startup Factory

TSF Team


Chris Heivly – Managing Director

One of 3 or 4 Co-Founders of MapQuest (sold to AOL for $1.2B). Managing Director of $25M Venture Fund in late 90’s. CEO, COO or President of various companies ranging from $200k to $20M in size. Currently, I am one of two Managing Directors of The Startup Factory making 10-14 seed investments per year, founder and MC of the Big Top Job Fair and national writer and speaker waxing poetic around startups and startup communities.


Dave Neal – Managing Director

Five time CFO/Counsel in start-ups. Co-Founder CI Technologies (sold to Seagate). Member of turnaround team Bloodhound Technologies (later sold to Verisk Analytics). CEO/Chairman of three start-ups including broadcast automation firm Crispin Corporation. Co-Founder of Infina Connect Healthcare. Have been on more than fifteen advisory boards and several boards of directors. Comment on the intersection of law, finance and technology. One of two Managing Directors of The Startup Factory.


Lizzy Hazeltine – Venture Associate

Higher education and multi-media transplant to early-stage investing. Introduced an entrepreneurial mindset to UNC Chapel Hill undergraduates in the liberal arts and sciences. Managed experiential education, outreach, and operations for the Minor in Entrepreneurship. Supported student-led ventures at UNC Chapel Hill with seed grants and connections. Produced MOOC on entrepreneurial thinking. Piloted the Innovation Scholars Program at Carolina. Co-founder and MC of Waltz Night. Assistant Director of the ReCYCLEry. Morehead-Cain Alumna. The Startup Factory’s first Venture Associate.