Invest Detroit Ventures

Invest Detroit Ventures is committed to supporting the entrepreneurial ecosystem with capital, on-going mentorship, and community engagement. We implement targeted venture development programs to help build and promote scalable businesses in the region. Their team is committed to growing a robust tech community in Detroit and throughout Michigan. They are collectively focused on implementing an investment strategy that is inclusive and supportive of minority, immigrant, and women entrepreneurs.

Ben Bernstein

Principal

Martin Dober

Managing Director

Patti Glaza

Managing Director

Aditi Rajagopal

Associate

21 past transactions

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.

pocketnest

Seed Round in 2022
Pocketnest provides comprehensive financial planning to genX and millennials in a digital, methodical platform. The company uses behavioral science and psychology to coach users to achieve financial wellness. Pocketnest Inc. was founded in 2017 by Jessica Willis and is based in Ann Arbor, Michigan, United States.

Ulendo

Seed Round in 2021
Ulendo provides vibration compensation software to 3D printer manufacturers.

Down to Ride

Pre Seed Round in 2021
Down to Ride (DTR) is a mobile application designed to facilitate group cycling among friends, launched in July 2020. The app enables users to connect with their friends to determine who is available for a ride on a particular day. By allowing cyclists to join rides with their friends, DTR enhances social engagement within the cycling community. The application is available for both iOS and Android platforms in the United States. DTR is owned by Social Active, LLC, a startup that emerged from Tome, Inc., and is supported by venture capital.

Traxen

Seed Round in 2021
Traxen is a developer of a cloud-based intelligent cruise control system aimed at enhancing driving efficiency and safety. The platform is designed to optimize fuel consumption by adjusting driving styles based on various factors, including weather, traffic, and road conditions. By considering the hours of service and time of arrival requirements, Traxen's technology not only helps drivers achieve significant cost savings on fuel but also contributes to lower insurance and training expenses. The company's innovations support safer driving practices, promoting a smarter approach to transportation while contributing to energy conservation and overall safety on the roads.

86 Repairs

Seed Round in 2021
86 Repairs is a computer software company that features a subscription service 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, 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.

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.

Auralab

Seed Round in 2020
Breathscape is a mobile app that connects users with their breath and teaches them how to do deep slow breathing (DSB). Clinical research has shown that regular DSB practice can lower blood pressure, reduce tension, and reduce feelings of anger, depression, and anxiety. Breathscape uses a smartphone to track users’ breathing in real-time and generates customized soothing sounds that ebb and flow with the breath, making each experience of DSB meditation session completely new and unique.

ToDooly

Pre Seed Round in 2020
ToDoolie LLC is an online platform based in Grosse Pointe Park, Michigan, that connects homeowners in the Metro-Detroit area with local high school and college students seeking part-time work. Launched in 2017, the platform facilitates the hiring of students for a variety of outdoor tasks, including yard work, cleaning, moving, party assistance, errands, and painting services, all priced at $20 per hour plus a $5 booking fee. ToDoolie focuses on simple tasks and does not offer specialized services that require professional expertise, ensuring that the tasks are suitable for students. This marketplace fosters community interaction by enabling students to earn money while assisting neighbors with their to-do lists.

Alerje

Seed Round in 2020
Alerje, Inc. is a healthcare technology company based in Detroit, Michigan, that focuses on enhancing the quality of life for individuals with food allergies. Founded in 2015, the company has developed an innovative epinephrine auto-injector designed to fit into a smartphone case. This device is complemented by a mobile application that provides location and information alerts to a user’s designated CareCircle, which can include emergency services, family, friends, caregivers, and medical professionals. By integrating Internet of Medical Things (IoMT) with a digital health approach, Alerje aims to improve the management of food allergies through accessible and immediate support.

Alerje

Seed Round in 2019
Alerje, Inc. is a healthcare technology company based in Detroit, Michigan, that focuses on enhancing the quality of life for individuals with food allergies. Founded in 2015, the company has developed an innovative epinephrine auto-injector designed to fit into a smartphone case. This device is complemented by a mobile application that provides location and information alerts to a user’s designated CareCircle, which can include emergency services, family, friends, caregivers, and medical professionals. By integrating Internet of Medical Things (IoMT) with a digital health approach, Alerje aims to improve the management of food allergies through accessible and immediate support.

86 Repairs

Seed Round in 2019
86 Repairs is a computer software company that features a subscription service 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 Biomedical Inc., established in March 2016 and headquartered in East Lansing, Michigan, focuses on developing minimally invasive healthcare technologies. The company specializes in biopolymer nanoparticles made from natural starch, which serves as an effective carrier for various applications due to its degradability by natural enzymes in the body. GreenMark's dental technologies aim to enhance the diagnosis and treatment of tooth decay, offering innovative tests and a mouth rinse product that helps detect cavities and early-stage lesions. Additionally, the company is exploring medical applications for these nanoparticles, particularly in the targeted delivery of anti-cancer drugs. With a laboratory located in Ann Arbor, Michigan, GreenMark Biomedical is committed to advancing healthcare solutions through its unique biopolymer technology.

Bloomscape

Seed Round in 2018
Bloomscape, Inc. is an online retailer based in Detroit, Michigan, specializing in houseplants and plant care tools. Founded in 2017, the company offers a variety of potted plants, including species such as tradescantia zebriana, pinstripe, hedgehog aloe, and philodendron heartleaf, among others. Bloomscape simplifies the plant purchasing process by delivering ready-to-go plants directly to customers' doors. Additionally, the company provides a Plant Mom service, which allows customers to seek expert advice on plant care. By focusing on enhancing the overall experience of buying and caring for plants, Bloomscape aims to make home gardening accessible and enjoyable for its customers.

Shoptelligence

Venture Round in 2018
Shoptelligence Inc. operates a discovery platform designed to enhance the shopping experience by providing an AI-driven Style Assistant. This innovative platform enables retailers to present curated collections of products tailored to individual customer styles, facilitating the discovery of new items across their entire catalog. By improving shopper engagement, Shoptelligence aims to increase both revenue and average order value for retailers while offering personalized services that can enhance basket size. Founded in 2018 and based in Ann Arbor, Michigan, Shoptelligence strives to make shopping a dynamic and enjoyable experience, allowing customers to explore and express their unique styles effortlessly.

Ripple Science

Pre Seed Round in 2017
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.

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.