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The Venture Codex

Invest Michigan

500 Griswold Street Suite 1640, Detroit, MI, 48226, United States

Overview

Non-profit investing in early-stage high tech businesses in Michigan.

Founded

2014

Deals ยท 12mo

0

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

United Kingdom
United States

Sector focus

Asset Management
Business Development
Crowdfunding
Financial Services
...

Investment portfolio

19rounds
NAMEDATESIZE
Refraction AI
Mar 2021Participated
$4 MSeed
Shoulder Innovations
Nov 2020Participated
$22 MOther Equity
Ripple Science
Jan 2020Participated
$3 MOther Equity
Orbion Space Technology
Aug 2019Participated
$9 MSeries A
ONL Therapeutics
Aug 2019Participated
$3 MOther Equity
Fifth Eye
Apr 2019Participated
$12 MSeries A
GreenMark Biomedical
Mar 2019Participated
$0.67 MSeed
Greenmark
Mar 2019Participated
$1 MSeed
Fusion Coolant Systems
Oct 2018Participated
$8 MSeries C
Autobooks
Feb 2018Participated
$10 MSeries A
Give and Take
Nov 2017Participated
$2 MOther Equity
ONL Therapeutics
May 2017Participated
$5 MSeries A
Refraction AI
Mar 2021Participated
$4 MSeed
Shoulder Innovations
Nov 2020Participated
$22 MOther Equity
Ripple Science
Jan 2020Participated
$3 MOther Equity
Orbion Space Technology
Aug 2019Participated
$9 MSeries A
ONL Therapeutics
Aug 2019Participated
$3 MOther Equity
Fifth Eye
Apr 2019Participated
$12 MSeries A
GreenMark Biomedical
Mar 2019Participated
$0.67 MSeed
Greenmark
Mar 2019Participated
$1 MSeed
Fusion Coolant Systems
Oct 2018Participated
$8 MSeries C
Autobooks
Feb 2018Participated
$10 MSeries A
Give and Take
Nov 2017Participated
$2 MOther Equity
ONL Therapeutics
May 2017Participated
$5 MSeries A
19
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Invest Michigan: 19 funding rounds are recorded in the selected participation categories.All available history.
Invest Michigan: 19 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed05
Series A05
Series C+02
Other Equity07

Monthly Deal Activity

Invest Michigan: 19 deals are recorded across 208 months.All available history.
Invest Michigan: 19 deals are recorded across 208 months. All available history
MonthDeals
Jul '091
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '101
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '131
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '151
Oct '151
Nov '151
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '171
Apr '170
May '171
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '171
Dec '170
Jan '180
Feb '181
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '181
Nov '180
Dec '180
Jan '190
Feb '190
Mar '192
Apr '191
May '190
Jun '190
Jul '190
Aug '192
Sep '190
Oct '190
Nov '190
Dec '190
Jan '201
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Invest Michigan: Health & Life Sciences is the largest displayed sector by deal count (10 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Invest Michigan: Health & Life Sciences is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Health & Life Sciences10
Manufacturing4
Transportation & Logistics3
Enterprise Software2
Networks, Cloud & Communication2
Marketing & Advertising2
Hardware & Robotics2
Fintech2
Professional Services2
Government & Defense1
E-Commerce & Retail1
Space & Frontier Tech1
Consumer & Lifestyle1
Media & Entertainment1
AI & Machine Learning1
Developer Tools1

Deal Size Distribution

Invest Michigan: 19 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Invest Michigan: 19 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M10
$5M-$10M6
$10M-$25M3
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Invest Michigan: United States has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Invest Michigan: United States has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
United States18
Europe1
Invest Michigan: 20 co-investors are shown, with Baird Capital sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Invest Michigan: 20 co-investors are shown, with Baird Capital sharing 4 recorded deals. All available history
Co-investorShared deals
Baird Capital4
Biosciences Research & Commercialization Center4
MINTS4
University of Michigan4
Arboretum Ventures3
First Step Fund3
Red Cedar Ventures3
Alumni Ventures2
Blue Water Angels2
Capital Community Angels2
CU Solutions Group2
Detroit Venture Partners2
Draper Triangle Ventures2
eLab Ventures2
F-Prime Capital2
Flagship Ventures2
Material Impact2
Michigan Angel Fund2
Wakestream Ventures2
Western Michigan University2

Investment Strategy

Invest Michigan: Led accounts for 0% and participating for 100% of round participation.All available history.
Invest Michigan: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating19100%
Invest Michigan: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Invest Michigan: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Charles Moret

President, CEO, and Chairman of the Board of Invest Michigan