Grand Ventures
Grand Ventures is an early-stage venture capital firm investing seed capital ($3-5M rounds) in B2B SaaS companies across fintech, DevOps, and digital health verticals in emerging US regions and Canada, with $80M+ AUM across two funds.
- Company typePrivate
- Founded2017
- HeadquartersGrand Rapids, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Grand Ventures does
Grand Ventures is an early-stage venture capital firm founded in 2017 and headquartered in Grand Rapids, Michigan. The firm invests seed-stage capital ($3-5M rounds with $1-2M checks) into B2B SaaS companies across the United States and Canada, with a stated focus on emerging regions such as Michigan and the broader Midwest. Its investment thesis concentrates on four verticals: fintech, DevOps/developer tools, digital health, and supply chain, with particular depth in Commercial Open Source Software (COSS) business models.
The firm's core product is its venture funds, currently comprising Fund I and a $50 million Fund II closed in October 2023, bringing total assets under management above $80 million. The firm does not develop proprietary technology products; its intellectual property consists of its investment methodology, due diligence frameworks, and a curated COSS thesis demonstrated by three exits within a 12-month period (Payload to Figma, Traceloop to ServiceNow, and Bindplane to Dynatrace). Portfolio services include capital deployment, board participation, hiring support, and follow-on fundraising assistance for founders transitioning from seed to Series A and beyond.
Grand Ventures generates revenue through two standard VC economic streams: annual management fees (industry-typical ~2% of committed capital) providing predictable operating cash flow, and carried interest (industry-typical ~20%) on portfolio company exits. The firm is structured as a Michigan limited partnership led by General Partners Tim Streit (co-founder, fintech), Nathan Owen (DevOps, former operator at Bindplane/Blue Medora), James Hill (digital health), and Camila Noordeloos, supported by a small investment team of approximately five members plus a Head of Marketing. Distribution is relationship-driven, sourced primarily through GP networks, co-investor referrals, and regional event engagement across the Midwest.
Grand Ventures firmographics
Firmographics- Name
- Grand Ventures
- Legal name
- Grand Ventures
- Website
- https://grandvcp.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Grand Ventures is an early-stage venture capital firm investing seed capital ($3-5M rounds) in B2B SaaS companies across fintech, DevOps, and digital health verticals in emerging US regions and Canada, with $80M+ AUM across two funds.
- Ownership category
- akta.pro rank
Grand Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- All Other Financial Investment Activities (52399), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
Keywords
Where Grand Ventures is headquartered
LocationHeadquarters
- HQ city
- Grand Rapids
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Grand Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Carried Interest: Grand Ventures generates returns through carried interest (typically 20%) on profits from successful portfolio company exits. This is the primary economic driver of VC fund economics, where managers receive a share of gains above a preferred return threshold for LPs.
- Management Fees: VC firms typically charge annual management fees (around 2% of committed capital) to cover operational costs including team salaries, deal sourcing, and portfolio support. These fees provide steady cash flow during the investment period before carried interest becomes the dominant return driver.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Grand Ventures product offering
Product offeringCore offering
Grand Ventures is an early-stage venture capital firm that invests seed-stage capital into B2B SaaS companies across fintech, devops, supply chain, and digital health in the United States and Canada. The firm deploys $3-5M checks, typically leading seed rounds, and supports founders with operational expertise, network access, and follow-on capital. Fund II closed at $50M in October 2023, bringing total capital under management to over $80M.
Product overview
Grand Ventures is an early-stage venture capital firm that provides investment capital and strategic support to B2B technology founders. The firm's primary offering is its investment capital, structured through its venture funds. Fund II is a $50 million fund focused on seed-stage investments in fintech, supply chain, devops, and digital health companies across the US and Canada. The firm partners with visionary founders who are disrupting massive markets through software, typically deploying $3-5M seed checks.
Differentiator
Problem solved
Functional benefit
Products and services
- Grand Ventures Fund II A $50 million venture capital fund investing in early-stage B2B SaaS companies across the United States and Canada, with a focus on fintech, supply chain, devops, and digital health. The fund typically leads $3-5M seed rounds for companies showing initial product-market fit.
- Seed-stage venture capital investment program Ongoing investment and portfolio support program providing seed-stage capital ($3-5M typical check), operational expertise, and network access to visionary founders building B2B SaaS companies in fintech, devops, and digital health.
Quantifiable outcome
- Three portfolio companies achieved exits within 12 months (Payload→Figma, Traceloop→ServiceNow, Bindplane→Dynatrace)
- +2 more outcomes
Companies that use Grand Ventures
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles2 records
Grand Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Grand Ventures partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
Grand Ventures competitors and assessment
Company assessmentDirect peers
- Drive Capital: Columbus, Ohio-based early-stage VC firm investing in B2B software founders, with explicit Midwest/emerging-region focus and operator-led thesis. Direct comparable to Grand Ventures on geography, stage, and sector mandate.
- Hyde Park Venture Partners: Chicago-based seed and early-stage venture firm investing in B2B SaaS and tech-enabled services across the Midwest. Closely comparable fund size, regional concentration, and B2B SaaS mandate to Grand Ventures.
- M25: Chicago-based seed-stage VC focused exclusively on early-stage tech startups founded in the Midwest. Directly comparable on regional focus, seed-stage check size, and B2B SaaS concentration to Grand Ventures.
- Dundee Venture Capital: Omaha-based early-stage VC investing in B2B software companies across the Midwest. Comparable on regional emerging-market focus, early-stage B2B SaaS mandate, and seed/Series A check sizing to Grand Ventures.
- Assembly Ventures: Detroit/Michigan-based VC investing in mobility, supply chain, and enterprise software. Documented co-investor alongside Grand Ventures (e.g., Digit) and shares Midwest geographic focus and early-stage B2B orientation.
- Tech Square Ventures: Atlanta-based seed and early-stage VC investing in B2B SaaS and enterprise software. Recent co-investor with Grand Ventures (Digit round) and shares comparable fund size, stage focus, and B2B SaaS mandate.
- SaaS Ventures: Pre-seed and seed venture fund exclusively focused on B2B SaaS startups. Directly comparable on sector mandate (B2B SaaS-only) and seed-stage check size, though not regionally concentrated like Grand.
- OSS Capital: Specialist VC focused exclusively on Commercial Open Source Software (COSS) companies. Documented co-investor with Grand Ventures (Comp AI round) and the closest comparable on the firm's distinctive COSS investment thesis.
- HPA (Health and Performance Alliance): Detroit-based early-stage VC investing in healthcare, supply chain, and B2B SaaS. Documented co-investor with Grand Ventures (Digit round) and shares Midwest regional focus with comparable fund size and stage.
Regional players
- Fontinalis Partners: Detroit-based VC investing in mobility and transportation technology. Shares Michigan/Midwest geographic base with Grand Ventures but operates in a different vertical (mobility vs. fintech/devops/health), making it more regional than direct competitor.
Market position
Weaknesses3 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Grand Ventures social profiles
Digital presenceGrand Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Grand Ventures leadership team
Management profileNumber of profiles
Profiles6 records
Grand Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Grand Ventures M&A and investment
M&A and investmentM&A
Investments56 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Grand Ventures
What does Grand Ventures do?
Grand Ventures is an early-stage venture capital firm that invests seed-stage capital into B2B SaaS companies across fintech, devops, supply chain, and digital health in the United States and Canada. The firm deploys $3-5M checks, typically leading seed rounds, and supports founders with operational expertise, network access, and follow-on capital. Fund II closed at $50M in October 2023, bringing total capital under management to over $80M.
Is Grand Ventures a public or private company?
Grand Ventures is a private company. It is classified as management employee owned and is currently operating.
When was Grand Ventures founded?
Grand Ventures was founded in 2017. It employs 11 to 50 people.
Where is Grand Ventures based?
Grand Ventures is headquartered in Grand Rapids, United States, in the North America region.
How does Grand Ventures make money?
Two revenue lines are on record. Carried Interest is the primary driver. The others are management Fees.
Who are Grand Ventures's main competitors?
Direct peers on record are Drive Capital, Hyde Park Venture Partners, M25, Dundee Venture Capital, Assembly Ventures, Tech Square Ventures, SaaS Ventures, OSS Capital and HPA (Health and Performance Alliance). Fontinalis Partners is listed as a regional player.
Does Grand Ventures have an API?
No public API is recorded for Grand Ventures.
What industry is Grand Ventures in?
Grand Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed). Its NAICS code is 52399 and its SIC code is 6282.