VC  Invest Detroit Ventures

https://www.investdetroit.vc





     Office Locations:

4219 Woodward Avenue, Suite 300
Detroit, MI 48201

 

Stages:

  • Seed


 

Industries:

  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Software & Internet
  • Transportation & Distribution

  •  

    Description:

    Invest Detroit Ventures invests in high tech and high growth early-stage companies across Michigan. Invest Detroit is a nonprofit lender, investor, and partner that supports business and real estate projects that will ignite economic growth. Invest Detroit Ventures is committed to supporting the entrepreneurial ecosystem with capital, on-going mentorship, and community engagement. The team is committed to growing a robust tech community in Detroit and throughout Michigan, and is collectively focused on implementing an investment strategy that is inclusive and supportive of minority, immigrant, and women entrepreneurs. The firm operates three different funds. The First Capital Fund is a Pre-Seed fund that provides 'genesis' funds to new technology companies at the earliest stages of commercialization in the State of Michigan. The program will provide up to $150K through quick, flexible financial instruments. The First Step Fund is an industry-agnostic early to mid Seed investment fund putting capital to work in emerging high-growth businesses in Michigan. This fund deploys up to $50,000 in initial investments with follow-on capacity of $100,000 for qualifying companies. Invest Detroit Ventures partners with institutional funds and angel investors for investment rounds sized between $150,000 and $500,000. The Detroit Innovate Fund is an early-stage venture capital fund focused on high-tech companies in Michigan. Initial investments range from $100,000-$250,000 in Series Seed and Series A financings with follow-on capital available.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Martin Dober VP & Managing Director
    Patti Glaza VP & Managing Director
    Tember Shea Venture Portfolio Manager

     

    Portfolio companies include:


      ArborMetrix
        web link


     

    Recent News: