Detroit Venture Partners

Detroit Venture Partners, LLC, established in 2010, is a Detroit-based Venture Capital firm that invests in early-stage technology companies, primarily in the United States with a focus on the Detroit and Ontario regions. The firm specializes in growth capital investments, typically ranging from $0.25 million to $0.75 million per transaction, and may follow on with investments up to $3 million. Detroit Venture Partners concentrates on sectors such as internet, digital media, marketing technology, direct-to-consumer, sports and entertainment, social media, e-commerce, and software, excluding biotech and advanced manufacturing. The firm's mission is to support passionate entrepreneurs building meaningful companies, with a particular interest in helping to revitalize the Detroit area through entrepreneurial efforts.

Jake Cohen

Partner

Dan Gilbert

Founding Partner

Kate Hernandez

Venture Partner

Lindsey Kilbride

Investor

Haemi Kim

Director of Finance

Delane Parnell

Venture Partner

Past deals in Midwestern US

CoverTree

Series A in 2024
CoverTree is an insurance technology company based in Detroit, Michigan, that specializes in providing digital insurance solutions for residents of manufactured homes. The company enhances the insurance experience by offering digital distribution, automated underwriting, and data-driven pricing tailored to the needs of this specific market. CoverTree's manufactured home insurance products are available in several states, including Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee. By focusing on specialty personal lines of insurance, CoverTree aims to improve access to quality coverage for its clients.

Rivet Work

Venture Round in 2024
Rivet Work Inc. is a company based in Detroit, Michigan, that specializes in providing modern digital tools aimed at enhancing workforce management for contractors, unions, and trade schools. Established in 2019, Rivet offers an application that facilitates the organization and deployment of labor across job sites, enabling users to access and assign their workforce seamlessly. The platform assists contractors in overseeing project activities by tracking real-time updates on job site conditions and allows for instant notifications regarding job changes. By optimizing labor operations through features such as digital dispatch, training, and community organizing, Rivet Work aims to streamline processes within the construction industry and promote it as an attractive option for emerging talent.

InvestNext

Series A in 2023
InvestNext, founded in 2016 and based in Detroit, Michigan, is dedicated to transforming the capital-raising and investment management processes for investment firms. The company offers an intuitive software platform designed to enhance the efficiency of real estate investment management and investor relations. By streamlining administrative tasks, managing client relationships, and providing tools for risk assessment and reporting, InvestNext enables firms to operate more effectively. The platform also facilitates fundraising and digitizes client onboarding, offering real-time insights that support optimized decision-making. InvestNext's commitment to transparency ensures that investors have access to detailed performance metrics and can understand the positive impact of their investments. Trusted by tens of thousands of investors, the platform manages billions of dollars in assets, demonstrating its significance in the investment management landscape.

Rivet Work

Seed Round in 2023
Rivet Work Inc. is a company based in Detroit, Michigan, that specializes in providing modern digital tools aimed at enhancing workforce management for contractors, unions, and trade schools. Established in 2019, Rivet offers an application that facilitates the organization and deployment of labor across job sites, enabling users to access and assign their workforce seamlessly. The platform assists contractors in overseeing project activities by tracking real-time updates on job site conditions and allows for instant notifications regarding job changes. By optimizing labor operations through features such as digital dispatch, training, and community organizing, Rivet Work aims to streamline processes within the construction industry and promote it as an attractive option for emerging talent.

CoverTree

Seed Round in 2022
CoverTree is an insurance technology company based in Detroit, Michigan, that specializes in providing digital insurance solutions for residents of manufactured homes. The company enhances the insurance experience by offering digital distribution, automated underwriting, and data-driven pricing tailored to the needs of this specific market. CoverTree's manufactured home insurance products are available in several states, including Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee. By focusing on specialty personal lines of insurance, CoverTree aims to improve access to quality coverage for its clients.

Navv Systems

Series A in 2022
Navv Systems provides healthcare-focused indoor location technology with the NavvTrack platform. Integrated with Apple Maps, NavvTrack empowers hospitals with high-resolution indoor maps and tools to easily locate and manage staff, equipment, and resources. Developed at Henry Ford Innovations in Detroit, Michigan, NavvTrack is deployed in multiple U.S. hospitals, where it streamlines enterprise device management, helps coordinate team workflows and reduces operational costs.

Airspace Link

Series B in 2022
Airspace Link, Inc. is a company that specializes in developing software solutions for the management of local government airspace for drones. Founded in 2018 and based in Michigan, the company offers a range of products designed to facilitate safe and efficient drone operations. Its key offerings include AirRegistry, which automates approvals for drone package deliveries; AirInspect, a set of tools for inspecting and approving drone delivery sites; AirHub, which generates necessary infrastructure for drone delivery networks, such as flight corridors and no-fly zones; and AirLink, enabling state and local governments to collaborate with drone delivery services. By digitizing local airspace, Airspace Link supports urban air mobility and promotes the responsible growth of drone operations for businesses, citizens, and government entities.

Rivet Work

Seed Round in 2021
Rivet Work Inc. is a company based in Detroit, Michigan, that specializes in providing modern digital tools aimed at enhancing workforce management for contractors, unions, and trade schools. Established in 2019, Rivet offers an application that facilitates the organization and deployment of labor across job sites, enabling users to access and assign their workforce seamlessly. The platform assists contractors in overseeing project activities by tracking real-time updates on job site conditions and allows for instant notifications regarding job changes. By optimizing labor operations through features such as digital dispatch, training, and community organizing, Rivet Work aims to streamline processes within the construction industry and promote it as an attractive option for emerging talent.

InvestNext

Seed Round in 2021
InvestNext, founded in 2016 and based in Detroit, Michigan, is dedicated to transforming the capital-raising and investment management processes for investment firms. The company offers an intuitive software platform designed to enhance the efficiency of real estate investment management and investor relations. By streamlining administrative tasks, managing client relationships, and providing tools for risk assessment and reporting, InvestNext enables firms to operate more effectively. The platform also facilitates fundraising and digitizes client onboarding, offering real-time insights that support optimized decision-making. InvestNext's commitment to transparency ensures that investors have access to detailed performance metrics and can understand the positive impact of their investments. Trusted by tens of thousands of investors, the platform manages billions of dollars in assets, demonstrating its significance in the investment management landscape.

Splash Financial

Series B in 2021
Splash Financial, established in 2013 and headquartered in Cleveland, Ohio, operates as a student loan refinancing company. It specializes in providing online lending solutions for college graduates to consolidate and refinance both federal and private student loans. The company's mission is to empower borrowers by helping them shop and compare financial products from its network of credit union and bank partners, aiming to reduce debt burdens through savings facilitated by its automated underwriting platform.

Navv Systems

Seed Round in 2021
Navv Systems provides healthcare-focused indoor location technology with the NavvTrack platform. Integrated with Apple Maps, NavvTrack empowers hospitals with high-resolution indoor maps and tools to easily locate and manage staff, equipment, and resources. Developed at Henry Ford Innovations in Detroit, Michigan, NavvTrack is deployed in multiple U.S. hospitals, where it streamlines enterprise device management, helps coordinate team workflows and reduces operational costs.

Autobooks

Series B in 2021
Autobooks, Inc. is a provider of integrated payment and accounting software tailored for small businesses. Founded in 2015 and based in Detroit, Michigan, the company offers an intelligent, cloud-based platform that seamlessly integrates with bank accounts, facilitating cash flow management, account reconciliation, and business growth. Through its services, Autobooks enables financial institutions to deliver essential back-office functions and an e-commerce platform directly within their digital banking channels. Its product suite includes features for invoicing, bill pay, merchant services, treasury products, and automated accounting, all designed to simplify financial management for small businesses. The company, originally known as Automated Booking, Inc., rebranded to Autobooks, Inc. in March 2018.

Sift

Series A in 2020
Sift LLC, established in 2014 and headquartered in Detroit, Michigan, specializes in developing workplace directory software. Its platform facilitates colleague discovery by aggregating HR data, supplementing it with additional information from team members and LinkedIn, and presenting it through dynamic profiles and navigable org charts. This solution enhances employee connectivity and efficiency while ensuring data security and compliance with enterprise standards and GDPR.

Airspace Link

Seed Round in 2020
Airspace Link, Inc. is a company that specializes in developing software solutions for the management of local government airspace for drones. Founded in 2018 and based in Michigan, the company offers a range of products designed to facilitate safe and efficient drone operations. Its key offerings include AirRegistry, which automates approvals for drone package deliveries; AirInspect, a set of tools for inspecting and approving drone delivery sites; AirHub, which generates necessary infrastructure for drone delivery networks, such as flight corridors and no-fly zones; and AirLink, enabling state and local governments to collaborate with drone delivery services. By digitizing local airspace, Airspace Link supports urban air mobility and promotes the responsible growth of drone operations for businesses, citizens, and government entities.

Airspace Link

Seed Round in 2019
Airspace Link, Inc. is a company that specializes in developing software solutions for the management of local government airspace for drones. Founded in 2018 and based in Michigan, the company offers a range of products designed to facilitate safe and efficient drone operations. Its key offerings include AirRegistry, which automates approvals for drone package deliveries; AirInspect, a set of tools for inspecting and approving drone delivery sites; AirHub, which generates necessary infrastructure for drone delivery networks, such as flight corridors and no-fly zones; and AirLink, enabling state and local governments to collaborate with drone delivery services. By digitizing local airspace, Airspace Link supports urban air mobility and promotes the responsible growth of drone operations for businesses, citizens, and government entities.

Airspace Link

Pre Seed Round in 2019
Airspace Link, Inc. is a company that specializes in developing software solutions for the management of local government airspace for drones. Founded in 2018 and based in Michigan, the company offers a range of products designed to facilitate safe and efficient drone operations. Its key offerings include AirRegistry, which automates approvals for drone package deliveries; AirInspect, a set of tools for inspecting and approving drone delivery sites; AirHub, which generates necessary infrastructure for drone delivery networks, such as flight corridors and no-fly zones; and AirLink, enabling state and local governments to collaborate with drone delivery services. By digitizing local airspace, Airspace Link supports urban air mobility and promotes the responsible growth of drone operations for businesses, citizens, and government entities.

Bloomscape

Seed Round in 2018
Bloomscape, Inc. is an online retailer based in Detroit, Michigan, specializing in the sale of houseplants and related care products. Founded in 2017, the company offers a variety of fully grown potted plants, including species such as tradescantia zebriana, pinstripe, and marble queen pothos, among others. Bloomscape simplifies the plant-buying experience by delivering ready-to-go plants directly to customers' doors, accompanied by post-purchase care instructions and support. Additionally, the company provides a Plant Mom service, allowing customers to seek expert advice on plant care. Through its platform, Bloomscape aims to enhance the relationship between individuals and their plants, making it easier for customers to incorporate greenery into their homes and gardens.

StockX

Series B in 2018
StockX LLC is an online marketplace founded in March 2015 and headquartered in Detroit, Michigan, that facilitates the buying and selling of limited edition and high-demand sneakers. It operates a live bid/ask platform, allowing users to anonymously engage in transactions with stock market-like visibility. The marketplace offers features such as historical price and volume metrics, real-time bids and offers, and time-stamped trades, enabling users to track their sneaker collections and compare them with others on the platform. Additionally, StockX provides in-depth market analysis and news, allowing consumers to assess the value of their products and ensuring that sellers receive fair deals.

Autobooks

Series A in 2018
Autobooks, Inc. is a provider of integrated payment and accounting software tailored for small businesses. Founded in 2015 and based in Detroit, Michigan, the company offers an intelligent, cloud-based platform that seamlessly integrates with bank accounts, facilitating cash flow management, account reconciliation, and business growth. Through its services, Autobooks enables financial institutions to deliver essential back-office functions and an e-commerce platform directly within their digital banking channels. Its product suite includes features for invoicing, bill pay, merchant services, treasury products, and automated accounting, all designed to simplify financial management for small businesses. The company, originally known as Automated Booking, Inc., rebranded to Autobooks, Inc. in March 2018.

Autobooks

Series A in 2017
Autobooks, Inc. is a provider of integrated payment and accounting software tailored for small businesses. Founded in 2015 and based in Detroit, Michigan, the company offers an intelligent, cloud-based platform that seamlessly integrates with bank accounts, facilitating cash flow management, account reconciliation, and business growth. Through its services, Autobooks enables financial institutions to deliver essential back-office functions and an e-commerce platform directly within their digital banking channels. Its product suite includes features for invoicing, bill pay, merchant services, treasury products, and automated accounting, all designed to simplify financial management for small businesses. The company, originally known as Automated Booking, Inc., rebranded to Autobooks, Inc. in March 2018.

StockX

Series A in 2017
StockX LLC is an online marketplace founded in March 2015 and headquartered in Detroit, Michigan, that facilitates the buying and selling of limited edition and high-demand sneakers. It operates a live bid/ask platform, allowing users to anonymously engage in transactions with stock market-like visibility. The marketplace offers features such as historical price and volume metrics, real-time bids and offers, and time-stamped trades, enabling users to track their sneaker collections and compare them with others on the platform. Additionally, StockX provides in-depth market analysis and news, allowing consumers to assess the value of their products and ensuring that sellers receive fair deals.

Rockbot

Seed Round in 2014
Rockbot, Inc. is a technology company that specializes in providing music and media solutions for businesses, allowing them to control their soundtracks and enhance customer engagement through an online dashboard. Founded in 2009 and based in Oakland, California, with an additional office in Detroit, Rockbot offers a comprehensive platform that includes background music, digital signage, and video services. Its technology enables clients, which range from restaurants and retail stores to fitness centers and educational institutions, to customize their audio-visual experiences and manage music remotely. Rockbot also features a mobile jukebox application for iOS and Android, allowing customers to choose licensed music in public venues. The company has gained recognition in the media-for-business sector and serves nearly 50,000 businesses across North America, including notable clients such as Planet Fitness and Walmart.

LevelEleven

Seed Round in 2014
LevelEleven LLC, established in 2012 and based in Detroit, Michigan, operates a sales performance platform designed to enhance sales team productivity. The platform enables managers to identify and track crucial sales metrics, set goals for daily, weekly, or monthly targets, and motivate teams through gamification and sales contests. It was acquired by Geopointe LLC on May 6, 2020.

Quikly

Series B in 2014
Quikly Inc., based in Detroit, Michigan, operates a digital marketing platform designed for consumer brands to execute frequent and highly-targeted marketing campaigns. Founded in 2012, Quikly focuses on helping marketers acquire, activate, and retain customers through solutions that include email, social media, mobile, loyalty, and local marketing. By leveraging consumer psychology, Quikly's platform effectively captures attention and motivates key consumer behaviors such as purchases, loyalty signups, and social engagement. Its technology aims to enhance digital activation and engagement within existing marketing channels, delivering measurable results and improved return on investment for brands in sectors like retail, dining, and consumer-packaged goods.

BoostUp

Seed Round in 2013
BoostUp, LLC is a savings platform that assists consumers in reaching their financial goals for significant purchases such as cars, homes, weddings, and trips. Founded in 2009 and based in Detroit, Michigan, BoostUp allows users to automate their savings by contributing as little as $1 per day, utilizing features like RoundUps on everyday purchases. The platform also facilitates crowdfunding, enabling users to receive contributions from family and friends toward their savings goals. Additionally, users can benefit from exclusive offers provided by BoostUp's brand partners. With over 53,000 users having collectively saved more than $165 million for various products and services, BoostUp aims to make saving money simple and rewarding.

LevelEleven

Seed Round in 2013
LevelEleven LLC, established in 2012 and based in Detroit, Michigan, operates a sales performance platform designed to enhance sales team productivity. The platform enables managers to identify and track crucial sales metrics, set goals for daily, weekly, or monthly targets, and motivate teams through gamification and sales contests. It was acquired by Geopointe LLC on May 6, 2020.

FamilyTech

Seed Round in 2013
FamilyTech is a Cincinnati-based company founded in 2011 that develops web and mobile applications aimed at enhancing family life. The company offers a suite of family-focused apps that serve millions of parents, teens, kids, and couples, making everyday tasks easier and more enjoyable. Its product lineup includes MotherShp, designed for parents; Landra, tailored for teens; ChoreMonster, which engages children; and HoneyDo, aimed at couples. Additionally, FamilyTech's applications support behavior therapy programs, particularly for children with attention-deficit hyperactivity disorder (ADHD) and other executive function challenges, helping them organize and complete household chores effectively.

UpTo

Series A in 2013
UpTo, Inc. is a developer of a social calendar application that enhances users' ability to manage and share events seamlessly. Founded in 2011 and based in Detroit, Michigan, UpTo offers a platform that allows organizations to publish their calendars and connect privately with friends, family, and colleagues. Users can follow various event streams, prioritize important events, and synchronize their calendars with popular services such as Google Calendar and Outlook. The application also enables users to add and manage events effortlessly, providing a clutter-free view of upcoming activities. With its focus on interactivity and customization, UpTo aims to simplify event sharing and accessibility for businesses and individuals alike.

Grand Circus

Series A in 2013
Grand Circus is a training institute located in downtown Detroit, dedicated to enhancing the local tech community through customized training programs, coworking spaces, and events. The institute emphasizes practical outcomes over traditional certification, focusing on project-based instruction that equips students with real-world expertise. Its curriculum encompasses the latest advancements in technology, business, and design, developed in collaboration with industry leaders. Instructors at Grand Circus are experienced practitioners who are committed to fostering student success. The organization also offers workshops that cover various skills, including digital marketing, agile management, and design training, aimed at helping junior developers and professionals meet the evolving demands of the business landscape.

Chalkfly

Series A in 2013
Chalkfly is reinventing the experience of buying office and school supplies online. With over 50,000 products, 24/7 customer service, a 365 return policy and a mission to change the world - Chalkfly is bringing excitement and purpose to the office supply world. Chalkfly customers can choose a teacher to receive five percent of their purchase. We believe that doing good is good business and we're committed to supporting the communities in which we serve. Founded in late 2012, Chalkfly is ranked as one of the fastest growing e-commerce companies in country (we’re the youngest member of the Internet Retailer’s Second 500 for 2013). Chalkfly is also proud to be ranked as one of Turnstone’s 2013 Best Young Companies To Work For. We’re proudly based in Detroit and through our amazing team and commitment to education, we hope to change the way supplies are bought online. Chalkfly is currently fundraising. We'd welcome the chance to explore partnership opportunities. Please reach out to smile@chalkfly.com if interested. Thank you!

Quikly

Series A in 2013
Quikly Inc., based in Detroit, Michigan, operates a digital marketing platform designed for consumer brands to execute frequent and highly-targeted marketing campaigns. Founded in 2012, Quikly focuses on helping marketers acquire, activate, and retain customers through solutions that include email, social media, mobile, loyalty, and local marketing. By leveraging consumer psychology, Quikly's platform effectively captures attention and motivates key consumer behaviors such as purchases, loyalty signups, and social engagement. Its technology aims to enhance digital activation and engagement within existing marketing channels, delivering measurable results and improved return on investment for brands in sectors like retail, dining, and consumer-packaged goods.

LevelEleven

Seed Round in 2012
LevelEleven LLC, established in 2012 and based in Detroit, Michigan, operates a sales performance platform designed to enhance sales team productivity. The platform enables managers to identify and track crucial sales metrics, set goals for daily, weekly, or monthly targets, and motivate teams through gamification and sales contests. It was acquired by Geopointe LLC on May 6, 2020.

Quikly

Series A in 2012
Quikly Inc., based in Detroit, Michigan, operates a digital marketing platform designed for consumer brands to execute frequent and highly-targeted marketing campaigns. Founded in 2012, Quikly focuses on helping marketers acquire, activate, and retain customers through solutions that include email, social media, mobile, loyalty, and local marketing. By leveraging consumer psychology, Quikly's platform effectively captures attention and motivates key consumer behaviors such as purchases, loyalty signups, and social engagement. Its technology aims to enhance digital activation and engagement within existing marketing channels, delivering measurable results and improved return on investment for brands in sectors like retail, dining, and consumer-packaged goods.

Rockbot

Seed Round in 2012
Rockbot, Inc. is a technology company that specializes in providing music and media solutions for businesses, allowing them to control their soundtracks and enhance customer engagement through an online dashboard. Founded in 2009 and based in Oakland, California, with an additional office in Detroit, Rockbot offers a comprehensive platform that includes background music, digital signage, and video services. Its technology enables clients, which range from restaurants and retail stores to fitness centers and educational institutions, to customize their audio-visual experiences and manage music remotely. Rockbot also features a mobile jukebox application for iOS and Android, allowing customers to choose licensed music in public venues. The company has gained recognition in the media-for-business sector and serves nearly 50,000 businesses across North America, including notable clients such as Planet Fitness and Walmart.

Quikly

Series A in 2012
Quikly Inc., based in Detroit, Michigan, operates a digital marketing platform designed for consumer brands to execute frequent and highly-targeted marketing campaigns. Founded in 2012, Quikly focuses on helping marketers acquire, activate, and retain customers through solutions that include email, social media, mobile, loyalty, and local marketing. By leveraging consumer psychology, Quikly's platform effectively captures attention and motivates key consumer behaviors such as purchases, loyalty signups, and social engagement. Its technology aims to enhance digital activation and engagement within existing marketing channels, delivering measurable results and improved return on investment for brands in sectors like retail, dining, and consumer-packaged goods.

UpTo

Seed Round in 2011
UpTo, Inc. is a developer of a social calendar application that enhances users' ability to manage and share events seamlessly. Founded in 2011 and based in Detroit, Michigan, UpTo offers a platform that allows organizations to publish their calendars and connect privately with friends, family, and colleagues. Users can follow various event streams, prioritize important events, and synchronize their calendars with popular services such as Google Calendar and Outlook. The application also enables users to add and manage events effortlessly, providing a clutter-free view of upcoming activities. With its focus on interactivity and customization, UpTo aims to simplify event sharing and accessibility for businesses and individuals alike.

CoverTree

CoverTree is an insurance technology company based in Detroit, Michigan, that specializes in providing digital insurance solutions for residents of manufactured homes. The company enhances the insurance experience by offering digital distribution, automated underwriting, and data-driven pricing tailored to the needs of this specific market. CoverTree's manufactured home insurance products are available in several states, including Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee. By focusing on specialty personal lines of insurance, CoverTree aims to improve access to quality coverage for its clients.
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