Michigan Angel Fund

Michigan Angel Fund is a private equity firm based in Ann Arbor, Michigan, focused on early-stage investments in various sectors, including information technology, CleanTech, advanced manufacturing, and healthcare. Established in 2011 by Ann Arbor SPARK, the fund specializes in angel investments, avoiding ventures in gaming and real estate. It typically invests between $0.2 million and $2 million in companies that are at or near revenue and require less than $2 million to achieve break-even or sustainability. The fund aims to support promising start-ups in the United States, fostering innovation and growth in key industries.

Mike Flanagan

Managing Director

Joseph (Skip) Simms

Managing Partner

Past deals in Michigan

Genomenon

Series B in 2022
Genomenon, Inc. is a biotechnology company that specializes in developing software tools for genetic diagnosis and research. Founded in 2014 and headquartered in Ann Arbor, Michigan, the company offers GENOMENON, a software solution designed for the rapid and automated analysis of next-generation sequencing data. This platform aids healthcare professionals and researchers by streamlining the identification of disease-causing variants from genomic datasets, thereby enhancing the accuracy and speed of genetic discoveries and diagnoses. Through its innovative tools, Genomenon aims to transform the landscape of genetic research and clinical decision-making.

KUHMUTE

Seed Round in 2021
KUHMUTE was created to help cities and Mobility Service Providers serve communities to the best of their abilities. They enable shared fleets to be more organized and reliably charged, eliminiating dreaded scooter clutter from the streets. Their hubs are proudly designed and manufactured in Flint, MI. Just like how escooters and ebikes are shared, their charging infrastructure is also shared to allow for accessible power for escooters, ebikes, eskateboards and autonomous delivery robots. Coming to a city near you!

Genomenon

Series A in 2021
Genomenon, Inc. is a biotechnology company that specializes in developing software tools for genetic diagnosis and research. Founded in 2014 and headquartered in Ann Arbor, Michigan, the company offers GENOMENON, a software solution designed for the rapid and automated analysis of next-generation sequencing data. This platform aids healthcare professionals and researchers by streamlining the identification of disease-causing variants from genomic datasets, thereby enhancing the accuracy and speed of genetic discoveries and diagnoses. Through its innovative tools, Genomenon aims to transform the landscape of genetic research and clinical decision-making.

Shoulder Innovations

Venture Round in 2020
Shoulder Innovations, Inc. is a medical device company based in Holland, Michigan, established in 2009. It specializes in designing and manufacturing orthopedic solutions specifically for shoulder replacement surgeries. The company's flagship product, the Total Shoulder Replacement System, features an innovative inset glenoid fixation technology, which enhances the stability and reliability of the glenoid implant—a critical factor in shoulder arthroplasty. This system aims to address the major challenge of implant fixation, which can lead to complications and the need for revision surgeries. Additionally, Shoulder Innovations provides the necessary surgical instrumentation that simplifies the implantation process, ultimately reducing operative time and costs. The company markets its products through distribution partners across the United States, focusing on improving patient outcomes and lowering overall healthcare expenses.

AdAdapted

Series A in 2020
AdAdapted, Inc. is a mobile advertising platform designed for consumer packaged goods (CPG) brands and agencies. Founded in 2012 and based in Ann Arbor, Michigan, the company provides a solution that allows CPG brands to directly engage with their target consumers through native, non-disruptive ads in shopping and planning apps. This approach enables brands to reach consumers at critical decision-making moments, helping to integrate products into digital shopping lists. The AdAdapted platform also tracks consumer behavior, revealing preferences, shopping tendencies, and planning habits, thus offering valuable insights to CPG brands and retailers.

Ripple Science

Venture Round in 2020
Ripple Science Corporation develops a web-based software for health sciences that facilitates the recruitment and management of participants in clinical, translational, and social science studies. The company’s software is used for study dashboard, recruitment campaign management, potential participant tracking, enrolled participant tracking, and task management. It offers solutions for academic investigators, clinical trial sites, and CROs. Ripple Science Corporation was founded in 2016 and is based in is based in Ann Arbor, Michigan.

Ocuphire Pharma

Seed Round in 2019
Ocuphire Pharma is a clinical-stage biopharmaceutical company committed to the development and commercialization of therapies to treat patients with a variety of ophthalmic disorders. We are currently focused on providing a novel once-daily eye drop treatment option, Nyxol®, to treat multiple front-of-the-eye disorders, including night vision disturbances, glaucoma, pharmacologically-induced mydriasis, and presbyopia. Nyxol eye drops are an investigational 505(b)(2) drug candidate in late-stage clinical development with over a decade of safety and efficacy data from Phase 1 and 2 trials. Part of our strategy is to explore opportunities to acquire additional ophthalmic assets for both the front and the back of the eyes, and to seek strategic partners for global commercialization.

Give and Take

Seed Round in 2019
Give and Take technology allows employees to collaborate and share knowledge in order to improve engagement, efficiency, and productivity. Give and Take takes the concepts of generalized reciprocity and social capital made famous in Wharton professor Adam Grant’s bestselling Give and Take and delivers it to enterprises in an accessible, scalable, measurable platform called Givitas. By fostering a giving culture, companies of all sizes drive positive business outcomes like increased employee efficiency, productivity, loyalty, and engagement. Give and Take is headquartered in Ann Arbor, Michigan and online at www.giveandtakeinc.com.

Naveego

Seed Round in 2019
Naveego is headquartered in Traverse City, Michigan, and has been delivering Master DataManagement, Data Integration, and Business Intelligence solutions.They believe companies perform best when they are able to use best-of-breed applications for each function of their business. We see a world where data moves freely between these applications, regardless of where it lives. By creating this ecosystem of data, a company is able to provide clean and trustworthy information to its users, when and where they need it

Shoulder Innovations

Series A in 2018
Shoulder Innovations, Inc. is a medical device company based in Holland, Michigan, established in 2009. It specializes in designing and manufacturing orthopedic solutions specifically for shoulder replacement surgeries. The company's flagship product, the Total Shoulder Replacement System, features an innovative inset glenoid fixation technology, which enhances the stability and reliability of the glenoid implant—a critical factor in shoulder arthroplasty. This system aims to address the major challenge of implant fixation, which can lead to complications and the need for revision surgeries. Additionally, Shoulder Innovations provides the necessary surgical instrumentation that simplifies the implantation process, ultimately reducing operative time and costs. The company markets its products through distribution partners across the United States, focusing on improving patient outcomes and lowering overall healthcare expenses.

Plinqit

Seed Round in 2018
Plinqit is a software-as-a-service (SaaS) platform based in Ann Arbor, Michigan, that enables banks to offer goal-based micro-savings accounts. Founded in 2015, the company provides tools for onboarding and administering these accounts, along with analytics to track user activity. Plinqit's platform is designed to attract and retain customers by offering interactive applications that cater to different age groups, promoting modern money management techniques and gamified savings experiences. This approach not only helps banks engage their customers but also encourages families to save together. Plinqit operates as a subsidiary of HT Mobile Apps, LLC.

Kumanu

Seed Round in 2017
Kumanu helps people and organizations build authentic connections to deeper purpose through advanced science and technology. It is formerly known as JOOL Health, builds stronger organizations and bigger lives by creating better alignment with purpose. We fuse advanced machine learning, leading behavior change science, elegant digital experience design, and real-time predictive decision support to create positive change that’s both scalable and enduring. It’s all integrated into their PurposeCloud, the first purpose activation platform. The platform offers a beautiful, simple, and purposeful app for employees, a real-time analytics dashboard for organizations designed to integrate your corporate, people and wellbeing strategies, and a powerful insights engine that connects, predicts and contextualizes the data.

Matterhorn

Series A in 2017
Court Innovations, a Software-as-a-Service company, develops an online case resolution platform. It offers Matterhorn, an online platform that enables users to select their court, search for case, check the status, get updates, and resolve it online. Court Innovations' platform also allows courts to handle many high-volume infractions online that save citizens and courts time and money, enables decision-makers to resolve cases equitably, and empowers defendants to work with the court to resolve minor violations informally and at a convenient time. It serves customers in Michigan and Ohio. J.J. Prescott founded Court Innovations in 2014. It has its headquarters in Ann Arbor in Michigan.

Groundspeed Analytics

Series A in 2017
Groundspeed Analytics, Inc. (Groundspeed) accelerates commercial insurance performance with the power of machine learning and artificial intelligence. The Groundspeed platform automatically turns files like submissions, loss runs, exposure schedules and policy documents into actionable information, empowering users to lower costs, identify profitable pools of risk and drive top-line growth.

Shoulder Innovations

Series A in 2017
Shoulder Innovations, Inc. is a medical device company based in Holland, Michigan, established in 2009. It specializes in designing and manufacturing orthopedic solutions specifically for shoulder replacement surgeries. The company's flagship product, the Total Shoulder Replacement System, features an innovative inset glenoid fixation technology, which enhances the stability and reliability of the glenoid implant—a critical factor in shoulder arthroplasty. This system aims to address the major challenge of implant fixation, which can lead to complications and the need for revision surgeries. Additionally, Shoulder Innovations provides the necessary surgical instrumentation that simplifies the implantation process, ultimately reducing operative time and costs. The company markets its products through distribution partners across the United States, focusing on improving patient outcomes and lowering overall healthcare expenses.

ContentOro

Convertible Note in 2016
ContentOro provides the number one need in digital marketing today – content – in a new and unique way. Proprietary software converts millions of pages of text and images from published books into high-quality pieces of fresh and relevant content that can quickly and easily be searched, found, and added to any website to provide information and SEO benefits. This on-demand access to the world’s largest repository of professionally written content positions ContentOro to change the way digital marketers and brands acquire content for marketing.

Genomenon

Seed Round in 2016
Genomenon, Inc. is a biotechnology company that specializes in developing software tools for genetic diagnosis and research. Founded in 2014 and headquartered in Ann Arbor, Michigan, the company offers GENOMENON, a software solution designed for the rapid and automated analysis of next-generation sequencing data. This platform aids healthcare professionals and researchers by streamlining the identification of disease-causing variants from genomic datasets, thereby enhancing the accuracy and speed of genetic discoveries and diagnoses. Through its innovative tools, Genomenon aims to transform the landscape of genetic research and clinical decision-making.

ContentOro

Seed Round in 2015
ContentOro provides the number one need in digital marketing today – content – in a new and unique way. Proprietary software converts millions of pages of text and images from published books into high-quality pieces of fresh and relevant content that can quickly and easily be searched, found, and added to any website to provide information and SEO benefits. This on-demand access to the world’s largest repository of professionally written content positions ContentOro to change the way digital marketers and brands acquire content for marketing.

VNN

Venture Round in 2015
VNN, Inc. operates a high school sports marketing and networking platform that enables athletes to share videos, pictures, stories, and scores while allowing coaches to report game results to media outlets. Founded in 2010 and based in Grand Rapids, Michigan, the company serves schools across numerous states, including Alabama, California, and Texas. VNN is recognized as the largest and fastest-growing platform of its kind in the United States, catering to a community of over 7 million fans and adding approximately 8,000 fans daily. The platform aggregates the fragmented high school sports market, enhancing the consumer experience by providing digital and Internet advertising and promotional services.

Arborlight

Venture Round in 2015
Arborlight Inc. specializes in manufacturing advanced illumination solutions for diverse applications, including architectural, medical, automotive, and scientific settings. The company produces human-centric architectural lighting, LED components, optics, and embedded systems, with notable products like the Skyweaver® 622, a 2'x2' LED skylight that employs Daylight Emulation® technology to replicate real outdoor conditions. The Skyweaver® 6H serves as a communications hub, enabling control of multiple fixtures, thereby enhancing the benefits of daylight in environments lacking natural light. Founded in 2010 and based in Ann Arbor, Michigan, Arborlight caters to various industries, including automotive and scientific instrumentation, as well as furniture manufacturers, offering sophisticated illumination systems designed to improve well-being and connectivity in high-impact spaces.

Eco-Fueling

Seed Round in 2014
Eco-Fueling is a combustion optimization company founded in 2010 and based in Saline, Michigan. The company specializes in developing technology that enhances fuel consumption and reduces emissions in diesel engines. Its flagship product, the ECO Injection System, injects E85 fuel directly into the intake manifold airflow, facilitating a more efficient and homogeneous burn of diesel fuel. This innovative approach not only improves fuel efficiency and engine performance but also decreases harmful emissions, including particulates, nitrous oxides, and hydrocarbons. By optimizing each combustion cycle, Eco-Fueling enables users to achieve better engine torque, horsepower, drivability, and overall productivity, contributing to cleaner emissions and reduced waste heat.

Larky

Series A in 2014
Larky, Inc. is a marketing and engagement platform that enables organizations to connect with their audiences through targeted geo-notifications and relevant communications. The company offers a mobile platform called Nudge, which facilitates timely interactions, and Larky Classic, a mobile engagement solution that enhances member relationships and supports local businesses. Larky also provides a merchant-funded loyalty platform that offers instant savings at local merchants, enhancing brand visibility. The company serves a diverse clientele that includes financial institutions, health insurance providers, universities, and media companies across the United States and Canada. Founded in 2011 and based in Ann Arbor, Michigan, Larky was previously known as PerkPerk, Inc.

VNN

Series A in 2014
VNN, Inc. operates a high school sports marketing and networking platform that enables athletes to share videos, pictures, stories, and scores while allowing coaches to report game results to media outlets. Founded in 2010 and based in Grand Rapids, Michigan, the company serves schools across numerous states, including Alabama, California, and Texas. VNN is recognized as the largest and fastest-growing platform of its kind in the United States, catering to a community of over 7 million fans and adding approximately 8,000 fans daily. The platform aggregates the fragmented high school sports market, enhancing the consumer experience by providing digital and Internet advertising and promotional services.

Epsilon Imaging

Series B in 2014
As a provider of workflow enhancing visualization and analysis solutions for cardiology, Epsilon Imaging is transforming cardiac diagnostic workflow with a vendor neutral suite of software applications for echocardiography. EchoInsight assists clinicians with innovative visualization and analysis technologies that enhance, standardize, and streamline analysis, interpretation and trending with echo. Epsilon Imaging offers premier customer support with EchoInsight. The Epsilon Imaging Customer Support Team is comprised of expert technical and clinical specialists that offer rapid and proactive service and training. Echocardiography strain-imaging program consultation is also available. Epsilon Imaging strives to achieve the highest level of satisfaction by partnering with customers to improve efficiency and standardization within their echo programs.

Biophotonic Solutions

Series A in 2013
Biophotonic Solutions Inc. develops and manufactures pulse shapers for ultrafast lasers. Its products include femtoAdaptiv, an ultra-broadband laser oscillator; MIIPS Box, a pulse shaping instrument; femtoJock, a pulse shaping system to perform spectral resolution, and pulse measurement and compression; femtoFit, a phase-only pulse shaper for embedding and other OEM applications; ultrathin SHG crystal MCUO-SHG products; femtoPulse Master, a simulation software that calculates in frequency and time domains; and MIIPS 2.0, a software that allows user to obtain interferometric and non-interferometric frequency resolved autocorrelations with attosecond precision and without moving parts. The company provides its products for biomedical imaging, two-photon microscopy, and dispersion measurements on dielectric mirrors applications, as well as for material processing, micro machining, pulse compression, surgical applications, proteomic and metabolomic analysis, coherent laser control, time-resolved measurements, filamentation studies, attosecond sciences, THz spectroscopy, and high harmonic generation applications. It offers its products through distribution contracts with laser companies in the United States and internationally. Biophotonic Solutions Inc. was founded in 2003 and is based in East Lansing, Michigan.