Invest Detroit

Invest Detroit, founded in 1995, is a Michigan-based firm focused on fostering economic growth in the Detroit region through various investment strategies. The organization targets small and mid-sized industries by providing a range of debt financing options, including bridge financing, junior debt, and loans for acquisition and refinancing. Additionally, Invest Detroit Ventures plays a critical role in the local entrepreneurial ecosystem by supporting early-stage companies, particularly those founded on unique intellectual property-based technologies. The firm emphasizes community engagement and mentorship while promoting an inclusive investment strategy that champions minority, immigrant, and women entrepreneurs. Through its efforts, Invest Detroit aims to strengthen the tech community and drive scalable business development in Detroit and across Michigan.

Jason Barnett

Senior Vice President

Blaszkiewicz, David A.

President and CEO

Cowan, Keona

Executive Vice President

Derek Edwards

Vice President

Patricia Glaza

EVP and Managing Director

Marcia Ventura

Senior Vice President

47 past transactions

Claira

Seed Round in 2022
Claira is an AI powered competency analytics engine that helps organizations understand their talent and hire better. Founded in 2020, Claira is headquartered in Grand Rapids, Michigan, United States.

Genomenon

Series B in 2022
Genomenon develops software tools to rapidly and autonomously prioritize data points for decision-making. It revolutionizes the way genetic diagnoses and discoveries are made. The company’s suite of diagnostic and discovery tools enable physicians, pharma, and researchers to quickly and accurately identify disease-causing variants from genomic-sequencing datasets. It was founded in 2014 and is headquartered in Ann Arbor, Michigan.

Plinqit

Series A in 2022
Plinqit provides smart savings app.

Judy Security

Seed Round in 2022
Judy Security is a cyber security company servicing small and medium businesses. The company's technology Judy uses a secure and private vault to create, store and protect all their passwords, keeping unauthorized users out of their login data.

pocketnest

Seed Round in 2022
Pocketnest provides comprehensive financial planning in a tech platform primarily targeting genX and millennials. The company white-labels its software to financial institutions including banks, credit unions, investment advisors, insurance companies, and benefit providers. Based on psychology, behavioral science, and coaching, it helps users through all ten themes of personal finances, resulting in actionable to-do items and recommendations customized for each user. The value to its financial enterprise-customers includes supplying them with personal, behavioral, and financial data about their consumers allowing them to serve more people, identify cross-sell opportunities, sell their products in its app and, ultimately, be more profitable.

Ulendo Technologies, Inc.

Seed Round in 2021
Ulendo provides software to improve the speed and accuracy of advanced manufacturing machines such as 3D printers and robots. The company's first product, Ulendo VC (vibration compensation), doubles the speed of extrusion-based 3D printers without sacrificing quality. Using its patented algorithm, Ulendo enhances a printer's firmware to anticipate vibration and change the tool path in order to avoid the quality issues that result from vibration. The company is also applying a similar vibration compensation approach to address vibration in industrial thereby enabling them to operate at faster speeds and with heavier payloads. This product, Ulendo VC-R, will be launched in 2025. The company recently launched Ulendo Calibration-as-a-ServiceTM, a hosted subscription-based software platform that calibrates an extrusion-based printer within seconds, thereby avoiding the current time-consuming practice of printing and measuring parts to determine the appropriate printing parameters. The company's third product, Ulendo HC (heat compensation), uses a patent-pending algorithm to optimize the laser path of a metal laser powder bed fusion (LPBF) printer to significantly reduce deformation and stress in the printed part.

InvestNext

Seed Round in 2021
At InvestNext, we set out on a mission to transform the way investment firms raise and manage capital. The company is based in Detroit, Michigan, and was founded in 2016. At the time, we realized the industry as a whole operates within a black box, with countless hours spent on activities that made fundraising, investment management, and investor relations tedious and inefficient. Since day one, we’ve known that tomorrow’s investor is one who will not only have access to detailed performance metrics across their portfolio, but also have the full picture of the positive impact they have made on the communities they have invested in. With that in mind, we’ve built a software platform that enables investment firms to operate more effectively and provide greater transparency to their investors. Instrumental to this effort, has been our close partnerships with commercial real estate syndicators and other investment firms around the globe. As of today, we are trusted by tens of thousands of investors, with billions of dollars managed on the platform.

Down to Ride

Pre Seed Round in 2021
The Down to Ride (DTR) app launched in July 2020 to help cyclists find and plan group rides with their friends. DTR works by connecting friends in the free app to see which friends are looking to ride on a specific day. Users can then join any ride with their friends. DTR is available for iOS and Android in the U.S. DTR is VC-backed and owned by Social Active, LLC, a startup spinout of Tome, Inc.

Traxen®

Seed Round in 2021
Traxen Inc. is a pioneering company at the forefront of innovative solutions in the transportation industry. Committed to revolutionizing the way we move goods, Traxen specializes in the development of cutting-edge technologies that optimize fleet management and enhance overall efficiency. Through a blend of advanced data analytics, artificial intelligence, and a deep understanding of logistics, Traxen strives to create intelligent solutions that not only improve operational performance but also contribute to a more sustainable and connected future in transportation. With a focus on safety, energy conservation, and smart mobility, Traxen Inc. is dedicated to shaping the next generation of transportation solutions for a rapidly evolving world.

86 Repairs

Seed Round in 2021
86 Repairs is a computer software company that features a subscription service platform that manages the entire repair process for restaurant groups. Its services include 24/7 support from our expert team, actionable insights to improve back-of-house operations, and complete management of the service process. It was founded in 2018 and headquartered in Chicago, Illinois.

Genomenon

Series A in 2021
Genomenon develops software tools to rapidly and autonomously prioritize data points for decision-making. It revolutionizes the way genetic diagnoses and discoveries are made. The company’s suite of diagnostic and discovery tools enable physicians, pharma, and researchers to quickly and accurately identify disease-causing variants from genomic-sequencing datasets. It was founded in 2014 and is headquartered in Ann Arbor, Michigan.

Asalyxa Bio

Seed Round in 2021
Asalyxa Bio is a drug development and platform technology company focused on novel therapeutics to treat major unmet medical needs caused by the dysregulation of immune signaling. With applications across a wide array of disease areas and conditions, Asalyxa Bio's platform technology enables delivery of existing and novel drugs directly into over-reactive immune cells.

Claira

Pre Seed Round in 2020
Claira is an AI powered competency analytics engine that helps organizations understand their talent and hire better. Founded in 2020, Claira is headquartered in Grand Rapids, Michigan, United States.

FlexTal

Pre Seed Round in 2020
FlexTal matches companies with Experts for hourly and fixed-fee projects. We use AI to help companies source, vet, match and engage the world’s best Experts. With solid revenue and 100%+ year-over-over growth, FlexTal has one of the largest flexible talent networks in the world. The future of work is here, and most companies aren’t equipped to handle the speed of change within the workforce. Access to specialized, hand-matched Experts is the key to agility in today’s landscape, yet many don’t have the resources to source, vet, and match the Experts they need. We’re trying to fix this by making world-class Experts more accessible than ever. Companies with access to our Expert network have 3-4x more operating leverage than those without. By democratizing access to our Expert network, we can help shape the future of work while increasing the pace of human evolution. As our work continues to evolve alongside digital transformation and automation, more professionals will choose how they work. The question is: Who will they work for? What tools will multiply their efficiency? Our platform allows companies and workers to achieve work faster and easier than ever before. Through FlexTal™, millions of people are discovering a better way to work that enhances productivity, efficiency, and quality of life. And we are just getting started.

Auralab

Seed Round in 2020
Auralab Technologies is customized in the development of innovative technologies to promote deep Slow Breathing, a clinically validated practice that reduces anxiety and promotes wellness. AuraLab has been instrumental in bringing the core algorithm to the iPhone, as well as taking on both front and backend software development, in addition to participating in the company's strategy development.

ToDooly

Pre Seed Round in 2020
ToDooly is a social platform that connects community members to help each other with their to-do list. It allows users to hire a local student to help with simple outdoor tasks for $20 per hr with an additional $5 for the booking fee. ToDoolie does not provide specialized services such as landscaping, deep cleaning, professional moving, event staffing, handyman work, or any other service that requires a level of expertise beyond what a typical college-age student can offer. The company was founded in 2017 and is headquartered in Grosse Pointe Park, Michigan.

Airspace Link

Seed Round in 2020
Airspace Link digitizes local airspace for urban air mobility. It provides government, citizen, and business drone solutions to support local government airspace management, fostering citizen empowerment, and business innovation through consumer and b2b air logistical support and services. It was founded in 2018 and is based in Detroit, Michigan.

Alerje

Seed Round in 2020
Alerje develops an emergency medicine and digital oral immunotherapy management platform to improve the quality of life for those affected by food allergies. Its online platform and app enable users to create food allergy profiles, share the profiles, filter recipes based on the profiles, and also scan grocery items to detect allergens in the ingredients. It also features an epinephrine auto-injector that integrates into a smartphone case for improved patient adherence and alerts, and its National Science Foundation (NSF) validated food allergy oral immunotherapy (OIT) adherence platform collects, stores, analyzes, and distributes alerts and notifications.

Airspace Link

Seed Round in 2019
Airspace Link digitizes local airspace for urban air mobility. It provides government, citizen, and business drone solutions to support local government airspace management, fostering citizen empowerment, and business innovation through consumer and b2b air logistical support and services. It was founded in 2018 and is based in Detroit, Michigan.

Orbion Space Technology

Series A in 2019
Orbion Space Technology develops and manufactures plasma propulsion systems for small satellites. Orbion’s thrusters can save spacecraft operators millions of dollars in operating costs while increasing the value of the spacecraft’s data products. Its manufacturing approach enables the production of plasma thrusters at the unprecedentedly high rates that are required to equip the space revolution.

Alerje

Seed Round in 2019
Alerje develops an emergency medicine and digital oral immunotherapy management platform to improve the quality of life for those affected by food allergies. Its online platform and app enable users to create food allergy profiles, share the profiles, filter recipes based on the profiles, and also scan grocery items to detect allergens in the ingredients. It also features an epinephrine auto-injector that integrates into a smartphone case for improved patient adherence and alerts, and its National Science Foundation (NSF) validated food allergy oral immunotherapy (OIT) adherence platform collects, stores, analyzes, and distributes alerts and notifications.

86 Repairs

Seed Round in 2019
86 Repairs is a computer software company that features a subscription service platform that manages the entire repair process for restaurant groups. Its services include 24/7 support from our expert team, actionable insights to improve back-of-house operations, and complete management of the service process. It was founded in 2018 and headquartered in Chicago, Illinois.

GreenMark Biomedical

Seed Round in 2019
GreenMark is a healthcare company providing health-based benefits using nanoparticles. The company develops technologies that involve biopolymer nanoparticles produced from natural starch as a raw material.

Workit Health

Series A in 2019
Workit Health is the industry-leading provider of clinically proven telemedicine treatment for substance use disorder, offering online therapy, medication-assisted treatment, psychiatric support, and primary care via the Workit Health mobile app. Workit brings the gold standard of substance use treatment into the privacy of people’s homes at the moment they’re ready for help, allowing people to find long-term freedom from drugs and alcohol with minimal disruption to their daily life.

SpellBound

Seed Round in 2018
SpellBound provides immersive augmented reality tools to hospital care teams to positively engage patients in treatment, lower cost of care, and improve patient experience. SpellBound works with the iOS and Android devices that are already used by hospital therapists and families to bring books, spaces, and printed materials to 3D life. It was founded in 2015 and is based in Ann Arbor, Michigan, United States.

Bloomscape

Seed Round in 2018
Bloomscape is an online plant shopping platform that offers home ready plants and tools for plant care. The company makes buying plants easy by delivering ready-to-go plants to its customer's door. It is a DTC company with a mission to drastically improve the entire plant buying and care experience in every area of the home and garden.

Mi Padrino

Seed Round in 2018
Mi Padrino is an event planning service to help parents and families organize, plan, and fund events celebrated in the Hispanic tradition. They help you organize and share the details of your events with your friends and family around the globe, instantly. Your loved ones can be a part of your celebration no matter where they are in the world. Kim Gamez, the CEO and founder of Mi Padrino, saw a need for a more efficient solution for organizing Quinceañeras, Weddings, Baptisms, and more for the Hispanic community. As a mother of 5, Kim appreciates the complexity of coordinating all aspects of these time honored traditions with families near and far. Mi Padrino is a one of a kind solution to plan and share your special day and they are so excited to offer this easy event planning platform to simplify this age-old tradition.

Ripple Science

Seed Round in 2018
Ripple Science delivers web-based software and an active registry that facilitates the recruitment and management of research participants for clinical and translational studies. By adapting sales and marketing automation tools to the process of participant recruitment, Ripple empowers its customers to recruit more participants faster. The company's flagship product, Ripple SaaS, is currently being used by research investigators at more than 75 academic and research centers around the world, including Johns Hopkins University, Pennsylvania State University, University of California Los Angeles, the Brain Research Foundation Canada, University of East Anglia, Cognito Therapeutics, and the University of Michigan.

Shoptelligence

Venture Round in 2018
Shoptelligence creates an AI-powered style discovery platform to help retailers increase sales revenue and customer retention. The company's software includes a variety of features, such as virtual sales assistants, email marketing tools, and customer style curation, allowing retailers to provide customers with an individualized and engaging shopping experience.

PawnGuru.com

Series A in 2018
PawnGuru has set out to revolutionize the way 30 million US consumers interact with the growing pawnshop industry. By creating a harmonious marketplace for consumers and local shops to interact, PawnGuru aims to bring the 10+ billion dollar pawnshop industry online.

Ripple Science

Pre Seed Round in 2017
Ripple Science delivers web-based software and an active registry that facilitates the recruitment and management of research participants for clinical and translational studies. By adapting sales and marketing automation tools to the process of participant recruitment, Ripple empowers its customers to recruit more participants faster. The company's flagship product, Ripple SaaS, is currently being used by research investigators at more than 75 academic and research centers around the world, including Johns Hopkins University, Pennsylvania State University, University of California Los Angeles, the Brain Research Foundation Canada, University of East Anglia, Cognito Therapeutics, and the University of Michigan.

Workit Health

Seed Round in 2016
Workit Health is the industry-leading provider of clinically proven telemedicine treatment for substance use disorder, offering online therapy, medication-assisted treatment, psychiatric support, and primary care via the Workit Health mobile app. Workit brings the gold standard of substance use treatment into the privacy of people’s homes at the moment they’re ready for help, allowing people to find long-term freedom from drugs and alcohol with minimal disruption to their daily life.

Sportsman Tracker

Series A in 2016
Sportsman Tracker is a cross-platform digital toolset designed to increase success opportunities for hunters and fishermen and allow them to quickly share their experiences. Powered by W.I.T. (Wild Life Intelligence Technology), the tracker calculates the variables that directly affect wildlife behavior. The platform lets track species and gets adaptive features that are specific only the species. Founded in 2012 by Jon Schwander and Jeffrey James Courter, Sportsman Tracker is headquartered in Grand Rapids, Michigan.

Genomenon

Seed Round in 2016
Genomenon develops software tools to rapidly and autonomously prioritize data points for decision-making. It revolutionizes the way genetic diagnoses and discoveries are made. The company’s suite of diagnostic and discovery tools enable physicians, pharma, and researchers to quickly and accurately identify disease-causing variants from genomic-sequencing datasets. It was founded in 2014 and is headquartered in Ann Arbor, Michigan.

VNN

Venture Round in 2015
VNN is the largest and fastest growing high school sports marketing platform in America. As the exclusive web/mobile platform for over 7million passionate fans across 40+ states (adding 8,000 fans daily), VNN is rapidly aggregating the fragmented, multi-billion dollar high school sports market onto an intelligent platform that transforms the consumer experience of high school sports.

ardentCause

Grant in 2015
ardentCause provides online solutions for using data, to achieve better outcomes, to foundations, funders, nonprofits, collaborations and schools.Outcomes and Impact – Data collection, analysis and visualization across multiple programs can help you gauge your community impact. Visual Knowledge for Nonprofits – Use data you have for informed decision making. Nonprofit Collaboration Dashboard – Share Information across the collaborative. Self Sufficiency Matrices (SSM) – Collective impact using SSM data of any type across your community! Online Client, Activity and Asset Tracking. MatrixPath: Outcomes Assessment Matrices – Data entry and management solutions. LiteracyPath: Adult Literacy – Client and activity tracking with robust reporting functionality. Education Solutions - Collects separated student data into ONE easy to access location, automatic alerts and indicator formulas for student performance; school and district dashboards that help visualize performance trends for improved communication and decision making.

PawnGuru.com

Seed Round in 2015
PawnGuru has set out to revolutionize the way 30 million US consumers interact with the growing pawnshop industry. By creating a harmonious marketplace for consumers and local shops to interact, PawnGuru aims to bring the 10+ billion dollar pawnshop industry online.

PeachWorks

Series A in 2015
PeachWorks develops a software that enables on-the-fly restaurant management. The software simplifies reporting, inventory management, employee scheduling and recipe management, enabling restaurants to solve their business challenges, improve their operations, and increase their profitability.

Sportsman Tracker

Series A in 2015
Sportsman Tracker is a cross-platform digital toolset designed to increase success opportunities for hunters and fishermen and allow them to quickly share their experiences. Powered by W.I.T. (Wild Life Intelligence Technology), the tracker calculates the variables that directly affect wildlife behavior. The platform lets track species and gets adaptive features that are specific only the species. Founded in 2012 by Jon Schwander and Jeffrey James Courter, Sportsman Tracker is headquartered in Grand Rapids, Michigan.

Tome

Convertible Note in 2014
Tome is a tech company that develops connectivity products to keep people and mobiles active, and creates value as a focused niche within the larger Internet of Things movement. It was created as the result of a passion for connecting hardware products to software applications. Tome was founded in 2014 by Jake Sigal and Massimo Baldini. It is based in Royal Oak, M.I. Tome is a member of the StartUp Health accelerator, based in New York City.

American Mountain Co

Convertible Note in 2014
The American Mountain Co. crafts the finest mountain wear available. Their products are created with an unwavering obsession for every aspect of performance, quality, functionality, and design; blending both classic style and optimum performance, while leaving neither lacking.

TurtleCell

Venture Round in 2013
TurtleCell will offer its customers unique and stylish protective cases for the most popular smart phones on the market. The first case to be offered will include a mechanism to retract and store a set of headphones inside the volume of the protective case. TurtleCell’s proprietary design allows a full length cord to be stored within a volume thinner than the leading external battery case.

Livio Radio

Series C in 2012
Myine Electronics, LLC, doing business as Livio Radio, designs and manufactures electronic audio products. Its products include Bluetooth Internet radio car kits for iPhones and Android phones, and car audio players. The company also provides Livio Connect API, a middleware framework protocol that enables hardware to connect to and interact with various mobile phone applications. It offers its products through retailers, resellers, and online. Myine Electronics, LLC was formerly known as Myine Corporation. The company was founded in 2008 and is based in Ferndale, Michigan.

Seelio

Seed Round in 2012
Seelio is a student portfolio network designed for college students and educators. They build custom portfolio networks and galleries for engineering, design, and business programs to empower students to document their learnings and showcase their work. Schools on Seelio include [Massachusetts Institute of Technology](http://seelio.com/gallery/q/MIT), [University of Michigan](http://seelio.com/g/UMDesignExpoW13), and [University of Texas - Austin](http://seelio.com/gallery/t/utdmi2013). Founded in 2011, Seelio is a venture-backed startup in Ann Arbor, MI, and has been featured in Forbes, TechCrunch, and MTV.

MI Bioresearch

Series A in 2012
MI Bioresearch is a specialty contract research organization (CRO) providing in vivo preclinical imaging services. With a proven track record of imaging and drug discovery expertise, the company enhances preclinical and translational research through its in vivo pharmaco-IMAGING platform. This combination of traditional pharmacology and innovative imaging includes MRI, micro-CT, micro-PET, SPECT and optical (bioluminescence and fluorescence molecular tomography) tools to quantitatively measure the response to therapy at anatomical, functional and molecular levels. Molecular Imaging also provides supportive in vitro services. They have performed over 2000 cell line based traditional oncology studies and over 500 imaging enhanced studies since their founding in 2003.
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