Invest Detroit is a development financial institution based in Detroit, Michigan, founded in 1995. The organization focuses on providing private sector financing, including various debt financing options such as bridge financing, junior debt, and loans for acquisition and refinancing. Invest Detroit is dedicated to supporting the entrepreneurial ecosystem in the region by offering capital and ongoing mentorship to high-potential seed-stage companies, particularly those founded on unique, intellectual property-based technologies. The organization emphasizes inclusivity in its investment strategy, aiming to uplift minority, immigrant, and women entrepreneurs, while actively contributing to the growth of a vibrant tech community in Detroit and throughout Michigan.
Voxel51, Inc., founded in 2016 and based in Ann Arbor, Michigan, specializes in computer vision and machine learning analytics for video and image understanding. The company develops AI software that transforms raw video footage and images into actionable intelligence, facilitating the exploration, visualization, curation, and testing of datasets alongside machine learning models. Voxel51's technology employs machine learning to process video content, providing simple image recognition and an understanding of motions and objects over time. This empowers computer vision data scientists to efficiently curate and experiment with their datasets, ultimately enhancing the performance of their machine learning systems.
CubeWorks
Seed Round in 2022
CubeWorks Inc. specializes in developing millimeter-scale computing solutions, focusing on autonomous wireless sensing technology. Founded in 2013 and based in Ann Arbor, Michigan, the company has created the Cubisens platform, which includes ultra-small wireless smart sensors for various applications such as healthcare logistics, supply chain management, cold chain monitoring, security, and environmental monitoring. These sensors are characterized by their lightweight and durable design, making them suitable for deployment in challenging environments. By enabling real-time tracking and providing critical data access, CubeWorks aims to enhance the Internet of Things (IoT) landscape with innovative sensing solutions that address a wide range of monitoring needs.
Claira
Seed Round in 2022
Claira is an AI-powered competency analytics engine that assists organizations in understanding their talent and improving their hiring processes. Founded in 2020 and based in Grand Rapids, Michigan, Claira offers a platform that leverages a comprehensive dataset of competencies to provide insights into the current workforce, identify gaps, and analyze trends and future needs. This enables businesses to dynamically match resources and make informed decisions about their talent management strategies.
InvestNext
Seed Round in 2021
InvestNext, founded in 2016 and based in Detroit, Michigan, focuses on transforming the way investment firms manage capital and engage with investors. The company developed an intuitive investment management platform that streamlines administrative processes and enhances investor relations. This platform offers features such as risk assessment, reporting, fundraising capabilities, and digitized client onboarding services, providing real-time insights that facilitate optimized decision-making. By fostering close partnerships with commercial real estate syndicators and investment firms globally, InvestNext aims to enhance transparency and efficiency in the investment management process. The platform is trusted by tens of thousands of investors, with billions of dollars managed, reflecting its impact on improving the investment experience and empowering firms to grow their businesses.
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, Inc. is a drug development company based in Southfield, Michigan, specializing in novel therapeutics aimed at addressing significant unmet medical needs resulting from the dysregulation of immune signaling. The company has developed a platform technology that facilitates the targeted delivery of both existing and innovative drugs directly into over-reactive immune cells. This approach is particularly focused on combating severe neutrophil-mediated diseases, including conditions such as Covid-19, and has applications across a broad range of disease areas. By leveraging this technology, Asalyxa Bio aims to enhance treatment options and improve patient outcomes in various therapeutic contexts.
Claira
Pre Seed Round in 2020
Claira is an AI-powered competency analytics engine that assists organizations in understanding their talent and improving their hiring processes. Founded in 2020 and based in Grand Rapids, Michigan, Claira offers a platform that leverages a comprehensive dataset of competencies to provide insights into the current workforce, identify gaps, and analyze trends and future needs. This enables businesses to dynamically match resources and make informed decisions about their talent management strategies.
ToDooly
Pre Seed Round in 2020
ToDooly is a social platform that connects community members with local students to assist with everyday tasks. Founded in 2017 and based in Grosse Pointe Park, Michigan, the platform allows users to hire students for simple outdoor jobs at a rate of $20 per hour, plus a $5 booking fee. The services offered focus on basic household tasks such as yard work and routine cleaning, but do not include specialized services that require professional expertise. By leveraging the availability of college students, ToDooly aims to make it easier for busy individuals to manage their to-do lists effectively.
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, Inc. is a company based in Detroit, Michigan, specializing in emergency medicine and digital oral immunotherapy management for individuals with food allergies. Founded in 2015, Alerje has developed an innovative epinephrine auto-injector designed to fit within a smartphone case, enhancing patient adherence and emergency response capabilities. The accompanying mobile application allows users to create personalized food allergy profiles, share this information with their CareCircle—comprising family, friends, caregivers, and medical professionals—and receive location alerts. Additionally, the platform enables users to filter recipes and scan grocery items for potential allergens, thereby improving dietary decision-making. Alerje's system has been validated by the National Science Foundation, emphasizing its commitment to enhancing the quality of life for those affected by food allergies.
Orbion Space Technology
Series A in 2019
Orbion Space Technology, based in Houghton, Michigan, specializes in the development and manufacture of plasma propulsion systems for small satellites. Founded in 2016, the company provides advanced electric propulsion technology that enhances satellite functionality by enabling precise maneuverability in space. Orbion's thrusters facilitate essential tasks such as the last-mile delivery of spacecraft from launch vehicles to their designated orbits, extending the operational life of satellites, and ensuring safe de-orbiting at the end of their missions. By offering a cost-effective solution that can significantly reduce operational expenses for spacecraft operators, Orbion contributes to the growing demand for efficient propulsion systems in the rapidly evolving space industry.
Alerje
Seed Round in 2019
Alerje, Inc. is a company based in Detroit, Michigan, specializing in emergency medicine and digital oral immunotherapy management for individuals with food allergies. Founded in 2015, Alerje has developed an innovative epinephrine auto-injector designed to fit within a smartphone case, enhancing patient adherence and emergency response capabilities. The accompanying mobile application allows users to create personalized food allergy profiles, share this information with their CareCircle—comprising family, friends, caregivers, and medical professionals—and receive location alerts. Additionally, the platform enables users to filter recipes and scan grocery items for potential allergens, thereby improving dietary decision-making. Alerje's system has been validated by the National Science Foundation, emphasizing its commitment to enhancing the quality of life for those affected by food allergies.
GreenMark Biomedical
Seed Round in 2019
GreenMark Biomedical Inc. is a healthcare company focused on developing minimally invasive technologies utilizing biopolymer nanoparticles derived from natural starch. Founded in 2016 and based in East Lansing, Michigan, with a laboratory in Ann Arbor, the company aims to enhance diagnostic and treatment capabilities in dentistry and oncology. GreenMark offers a mouth rinse product that highlights cavities and early-stage lesions, allowing dentists to accurately assess dental issues using standard dental curing lamps. Additionally, the company is working on medical applications that target anti-cancer drug delivery, facilitating site-specific treatments. Through its innovative approach, GreenMark Biomedical seeks to provide effective health-based solutions that improve patient care.
SpellBound
Seed Round in 2018
SpellBound is a company based in Ann Arbor, Michigan, that specializes in providing immersive augmented reality tools aimed at enhancing the experience of pediatric patients undergoing medical treatment. Founded in 2015, SpellBound's platform leverages existing iOS and Android devices used by hospital staff and families to bring educational content, such as books and printed materials, to life in three dimensions. This technology is designed to assist children in coping with medical procedures by offering procedural support that helps manage acute pain and improves patient education. By transforming the hospital environment digitally, SpellBound enables therapists to reduce trauma for young patients while also lowering costs for healthcare facilities.
Bloomscape
Seed Round in 2018
Bloomscape, Inc. is an online retailer based in Detroit, Michigan, specializing in the sale of houseplants and related care tools. Founded in 2017, the company provides customers with a variety of fully grown potted plants, including popular species such as tradescantia zebriana, pinstripe, and spider plants. Bloomscape focuses on enhancing the plant-buying experience by delivering ready-to-go plants directly to customers' doors, along with essential post-purchase care instructions. Additionally, the company offers a Plant Mom service, allowing customers to seek expert advice on plant care. Bloomscape aims to foster strong relationships between customers and their plants, simplifying the process of purchasing and maintaining indoor greenery.
Ripple Science
Seed Round in 2018
Ripple Science Corporation specializes in developing web-based software aimed at enhancing the recruitment and management of participants in clinical, translational, and social science studies. Founded in 2016 and headquartered in Ann Arbor, Michigan, the company offers solutions that streamline various aspects of the research process, including participant tracking, recruitment campaign management, and task management. Ripple Science's flagship product, Ripple SaaS, leverages sales and marketing automation tools to expedite participant recruitment, significantly benefiting academic researchers and clinical trial sites. Currently, its software is utilized by over 75 academic and research centers globally, including prestigious institutions such as Johns Hopkins University and the University of California, Los Angeles. By addressing the challenges of patient recruitment and engagement, Ripple Science enables researchers to enhance communication and collaboration, leading to more efficient study operations and quicker completion times.
Shoptelligence
Venture Round in 2018
Shoptelligence Inc. is a company based in Ann Arbor, Michigan, that operates an AI-powered style discovery platform designed to enhance the shopping experience for customers and drive sales for retailers. Founded in 2018, the platform utilizes an AI Style Assistant to curate product collections based on individual style preferences, enabling shoppers to discover new items across a retailer's entire catalog. The platform includes features such as virtual sales assistants, email marketing tools, and customer style curation, which collectively aim to increase customer engagement, retention, and average order value. By providing a personalized shopping experience, Shoptelligence helps retailers foster customer loyalty and boost revenue.
Workit Health
Seed Round in 2016
Workit Health, Inc. is a provider of online therapeutic content and professional counseling services focused on substance use recovery. Established in 2014 and based in Ann Arbor, Michigan, the company operates the Workit platform, which offers clinically proven telemedicine treatment for substance use disorder, including online therapy, medication-assisted treatment, psychiatric support, and primary care. Workit Health's services are designed to help individuals achieve long-term recovery from drugs and alcohol while minimizing disruption to their daily lives. The platform facilitates access to on-demand, in-person, and virtual medical and psychosocial support, catering to a wide range of clients including employers, educational institutions, healthcare facilities, and recovery communities. Additionally, Workit Health provides accredited opioid addiction treatment featuring buprenorphine, enhancing its commitment to harm reduction in addiction care. The company has locations in California, New Jersey, Alaska, and Washington.
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, Inc. operates a leading high school sports marketing and networking platform that enables athletes to share videos, pictures, stories, and scores via various digital devices. The platform also allows coaches to report game results to media outlets, enhancing the visibility of high school sports. Serving schools across more than 40 states, VNN has established itself as the largest and fastest-growing entity in the high school sports marketing sector, connecting over seven million fans and adding thousands of new users daily. Founded in 2010 and based in Grand Rapids, Michigan, VNN is dedicated to transforming the consumer experience in the multi-billion dollar high school sports market.
Akadeum
Seed Round in 2015
Akadeum Life Sciences, Inc. is a life sciences company based in Ann Arbor, Michigan, founded in 2014. The company specializes in manufacturing microbubble cell separation products designed to facilitate the removal of target cells from biological samples. Its product line includes T cell and B cell isolation kits for both human and mouse cells, as well as products for red blood cell depletion. Akadeum utilizes buoyancy-activated cell sorting technology, employing microscopic microbubbles that capture target cells and float them to the surface for efficient removal. This innovative approach enhances the efficiency of downstream testing and analysis for medical practitioners. The company's products are available for purchase online, and it maintains a strategic partnership with Agilent Technologies.
PeachWorks
Series A in 2015
PeachWorks Inc. is a cloud-based software provider focused on the restaurant, hospitality, and retail industries. Founded in 2005 and based in Southfield, Michigan, the company offers a suite of tools that facilitate employee scheduling, inventory management, reporting, and recipe management. By streamlining these essential functions, PeachWorks enables businesses to address operational challenges effectively, enhance efficiency, and boost profitability. Originally known as WhenToManage Inc., the company rebranded to PeachWorks in March 2015 and has been operating as a subsidiary of Beyond since April 2018.
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.
Livio Radio
Series C in 2012
Livio Radio, operating under Myine Electronics, LLC, specializes in designing and manufacturing electronic audio products. Founded in 2008 and based in Ferndale, Michigan, the company offers a range of Bluetooth Internet radio car kits compatible with iPhones and Android devices, as well as car audio players tailored for both personal and commercial use. In addition to its hardware offerings, Livio Radio provides the Livio Connect API, a middleware framework that facilitates the connection and interaction between hardware and various mobile applications. Its products are distributed through retailers, resellers, and online platforms, ensuring accessibility for a wide audience.
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