
First Step Fund
2727 Second Ave. Ste. 304, Detroit, MI, 48210, United States
Overview
The First Step Fund provides emerging companies with access to seed capital, focused mentoring in areas consistent with growing the business, and a network that will work to foster demand and create opportunities.
- Total investments
- 24
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Enterprise Software
- Gamification
- Venture Capital
Investment portfolio
- Scorbit
Participated · Seed · Nov 2025
Scorbit operates a platform that connects vintage, offline and modern arcade machines to the internet, enabling real-time scoring, competition, payments, and community features through its mobile app and cloud software. The company is also developing the Scorbit Console, a B2B hardware and software solution aimed at arcade venues and other locations that host machines. Seed-stage beta tests are already live and providing early market validation, though no specific revenue or user numbers were disclosed. With the newly raised capital, Scorbit plans to expand its team, finalize its minimum viable product, and invest in R&D for both new hardware and expanded app capabilities covering payments, competitions, and global gameplay support. Co-founded by serial entrepreneurs Jay Adelson and Ron Richards, the Ann Arbor–based startup intends to pursue a Series A round in 2026 to fuel partnership expansion and nationwide scale.
- Claira
Participated · Seed · May 2022
Claira leverages machine learning to map workforce capabilities and create a dynamic digital twin of an organization’s human capital. The platform helps leaders improve diversity, identify and close resource gaps, provide learning and upskilling opportunities, predict future workforce needs, and hire talent on demand. The company is led by CEO Katie Hall. Claira has more than 10,000 users who added thousands of competencies to their profiles in its first year of activity. The startup will use the new funding to advance its machine learning capabilities and accelerate rollout to key customer segments. Since launching to the public in November 2020, Claira has raised $4.4M in total and was supported by Varnum LLP in Michigan.
- 86 Repairs
Participated · Seed · Mar 2021
86 Repairs provides a repair and maintenance management platform built for the restaurant industry. It offers restaurants and other commercial kitchen operators 24/7/365 support for on-demand repair management, preventative maintenance programs, and data-driven insights on repair and maintenance spend. The company manages the repair and maintenance process for more than 2,000 restaurant operators across the U.S. and Canada, from upscale full-service restaurants to quick-service franchised brands. Notable customers include Boka Restaurant Group, Castellucci Hospitality Group, 4 Rivers Smokehouse, and quick-service brands such as McDonald’s, Jimmy John’s, Sonic Drive-Ins, and Taco Bell. Led by co-founder and CEO Daniel Estrada, 86 Repairs intends to use new funding for product innovation and expansion of the business. The company raised a $15.2M Series A to support growth and product development. 86 Repairs provides a platform that automates the end-to-end repair and maintenance process for restaurants, offering actionable insights to improve back-of-house operations. Led by co-founder and CEO Daniel Estrada, the company's solutions are used by multi-unit groups such as Castellucci Hospitality Group, 4 Rivers Smokehouse, and Peas and Carrots Hospitality, and by brands including McDonald’s, Jimmy John’s, Sonic Drive-Ins, and Famous Dave’s. The product focuses on streamlining repairs and maintenance workflows to reduce downtime and operational friction in kitchens. The company plans to use new funding to scale product innovations and accelerate growth. Financially, 86 Repairs has raised $8.8M to date after the latest $5.3M financing that brought the current round to $7.3M. Investors in the recent financing include TDF Ventures, Gordon Food Service, MATH Venture Partners, Revolution, and Cleveland Avenue. 86 Repairs operates a subscription service that manages the entire end-to-end repair process for restaurant equipment. The platform aggregates repair data and provides actionable insights into which equipment is breaking, expected repair costs, and the cost of labor and parts. Its solution is used to improve back-of-house operations for multi-unit restaurant groups and large brand operators. Since launching in 2018, the company has partnered with more than 700 restaurant locations. 86 Repairs was founded by Joe Gallagher and Daniel Estrada and is based in Chicago, IL. The company plans to use new funding to accelerate growth and product development. 86 Repairs provides a subscription service that manages the entire repair and maintenance process for restaurant groups. Its offering includes 24/7 support from an expert team, actionable insights to improve back-of-house operations, and end-to-end management of service work. The company is building a proprietary software platform to coordinate repairs and track performance. 86 Repairs plans to use newly raised funds to accelerate sales and marketing and to continue developing its software platform. It intends to expand operations in Detroit and Chicago. The company secured $1.5M in funding to support these initiatives.
- GreenMark Biomedical
Participated · Seed · Mar 2019
GreenMark Biomedical develops products that use small sub-micron particles produced from food-grade starch as carriers for medical and dental applications. Its lead product, the LumiCare Caries Detection Rinse, contains fluorescently labeled starch particles that target the porous subsurface of carious lesions and illuminate them using a dental curing light to aid early detection. Early identification before cavitation is intended to enable non-surgical management options and improved long-term oral health outcomes. The company is also developing treatment products that load essential minerals into the starch particles to restore the enamel subsurface, rather than only sealing the enamel surface like fluoride. GreenMark has begun a soft launch of LumiCare and is pursuing scale-up and clinical validation of its products. The company operates offices and lab facilities in East Lansing and Ann Arbor, Michigan, and recently raised bridge financing to support ongoing development. GreenMark Biomedical develops a patented nanoparticle-based diagnostic for detecting active dental caries. Its product uses fluorescently labeled starch particles that target active caries and illuminate under a standard dental curing light. The test is designed for use by dental professionals as part of the routine dental exam. Early identification before cavitation aims to enable non-surgical management options, reducing patient discomfort and improving long-term oral health outcomes. The company plans to further develop and commercialize the technology using recently secured funding. GreenMark is based in East Lansing and Ann Arbor, Michigan.
- Greenmark
Participated · Seed · Mar 2019
GreenMark is developing regenerative dental products that use patented sub-micron particles produced from food-grade starch to deliver calcium and phosphate for mineral restoration of dentin and enamel. Its lead product line, CrystLCare™ Biorestorative (launched Fluoride-Free first), includes dissolvable sensitivity strips designed to occlude dentinal tubules and restore early-stage caries noninvasively. The company also markets LumiCare™ Caries Detection Rinse and a half-dose LumiKids™ Rinse that use fluorescent-labeled particles to illuminate porous subsurface lesions for early detection. Independent third-party testing cited in the article shows the dissolvable strips can combat dental sensitivity and restore early caries lesions without drilling. GreenMark frames its approach as biomimetic: enzyme-degradable starch carriers release calcium and phosphate to form in-situ apatite crystals, addressing subsurface lesions that some fluoride products only superficially seal. The company emphasizes non-surgical, preventive care to preserve teeth and improve long-term oral health outcomes. GreenMark Biomedical develops nanoparticle‑based dental products that identify and non‑invasively treat early dental "pre‑cavities" using bioresorbable, food‑grade starch particles. Its diagnostic product uses fluorescently labeled starch particles that target active caries and illuminate them with a standard dental curing light; treatment products are designed to load and deliver essential minerals to the enamel subsurface. The company is developing and commercializing its technology in collaboration with researchers at the University of Michigan. GreenMark emphasizes non‑surgical management of early caries to reduce invasive procedures and improve long‑term oral health outcomes. The company operates an office in East Lansing and lab facilities in Ann Arbor, Michigan, and is progressing development alongside multiple state and federal grants and NIH support.