North Carolina’s innovation ecosystem is growing even stronger. At its March 25 meeting, the North Carolina Innovation Council officially approved RevTech Labs as the first nonprofit partner of the state’s Regulatory Sandbox program.
RevTech Labs, a nationally recognized nonprofit accelerator based in Charlotte, has spent more than a decade building one of the country's strongest fintech, insurtech and innovation communities. Their accelerator programs, mentor network, and connections to enterprise partners and investors have helped founders scale responsibly and navigate complex regulatory and market landscapes.
As an approved partner, RevTech Labs can support Sandbox applicants and participants with regulatory and technical guidance, product development support, expert mentorship, test‑plan preparation, and strategic introductions to corporate partners and potential investors. This partnership reinforces the State’s commitment to ensuring companies innovate responsibly and enter the Sandbox prepared for success.
Dan Roselli, Co‑Founder of RevTech Labs, emphasized the shared vision behind the partnership: “For over a decade, we’ve helped fintech and insurtech founders build solutions that improve financial access, resilience, and consumer outcomes. Being selected as the first nonprofit partner of the Regulatory Sandbox reflects a shared commitment to growing companies the right way, with innovation, responsibility, and consumer benefit at the center.”
Members of the Innovation Council echoed this sentiment, noting RevTech Labs’ strong record of supporting founders and its deep expertise in emerging technologies. They highlighted the value this partnership will bring to Sandbox participants as they develop compliant, high‑impact solutions for North Carolina.
With this landmark approval, North Carolina continues to strengthen the support system that helps emerging companies build responsibly, test thoughtfully, and bring meaningful technologies to market.