Invest Michigan
- Company typePrivate
- Founded2013
- HeadquartersDetroit, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Invest Michigan firmographics
Firmographics- Name
- Invest Michigan
- Legal name
- Invest Michigan
- Website
- https://investmichigan.org
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Invest Michigan industry classification
Industry- Product category
- Early-Stage Venture Capital Investment
- NAICS
- Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282), Investors, Nec (6799)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
Keywords
Where Invest Michigan is headquartered
LocationHeadquarters
- HQ city
- Detroit
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Invest Michigan business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Program-Related Investments: Invest Michigan is a private foundation and nonprofit corporation funded by the Michigan Strategic Fund through the Michigan Economic Development Corporation. The organization deploys capital into early-stage companies rather than generating revenue from products or services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Invest Michigan product offering
Product offeringCore offering
Invest Michigan is a nonprofit investment organization that manages the Michigan PreSeed Fund II and deploys Program-Related Investments (PRIs) into early-stage, high-tech companies headquartered in Michigan. The fund provides initial and follow-on capital to startups in Advanced Manufacturing/Materials, Life Sciences, and Information Technology sectors, with a focus on high-risk, nascent, pre-revenue companies.
Product overview
Invest Michigan is a nonprofit investment organization, not a product or technology company. It deploys Program-Related Investments (PRIs) to foster innovation in early-stage Michigan companies across Advanced Manufacturing/Materials, Life Sciences, and Information Technology sectors. The organization does not offer commercial products or services.
Differentiator
Problem solved
Functional benefit
Products and services
- Michigan PreSeed Fund II A $10.5 million state-backed pre-seed/seed investment fund managed by Invest Michigan that deploys Program-Related Investments (PRIs) into early-stage, high-tech companies headquartered in Michigan, with a focus on Advanced Manufacturing/Materials, Life Sciences, and Information Technology sectors. Target customers are pre-revenue, nascent Michigan startups.
- Program-Related Investments (PRIs) Initial and follow-on Program-Related Investments made into Michigan-based early-stage companies, deployed as the portfolio companies reach growth milestones. Available to founders of pre-revenue, high-tech Michigan startups.
Companies that use Invest Michigan
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
Invest Michigan technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Invest Michigan partnerships and signals
Strategic signalScale indicators5 records
Recent moves10 records
Expansion highlights3 records
Invest Michigan competitors and assessment
Company assessmentBroad incumbents
- Ben Franklin Technology Partners: Long-standing state-funded network of early-stage technology investors in Pennsylvania. Comparable as a larger, broader state-backed pre-seed/seed technology investor with a similar mission-driven, state-financed operating model.
- Ohio Third Frontier: State of Ohio's technology-based economic development program funding early-stage startups in Ohio. Comparable as a state-government-funded early-stage technology investor operating under a regional economic-development mandate similar to Invest Michigan's.
Direct peers
- Invest Detroit: Michigan-focused community-development investor and fund manager backing Detroit-area startups and small businesses. Closely comparable as a Michigan-rooted, mission-driven investor deploying capital into local early-stage companies.
- Grand Ventures: Grand Rapids-based early-stage venture fund that has co-invested with Invest Michigan in Michigan startups (e.g., Give and Take). Similar geography-locked early-stage thesis in the same Michigan ecosystem.
- MINTS (Michigan Investment in New Technology Startups): University of Michigan endowment's direct-investment program in Michigan-based tech startups, including Fifth Eye's Series A. Comparable as a state/Michigan-aligned institutional investor providing early-stage capital to the same investable universe.
- Michigan Angel Fund: Michigan-focused pre-seed/seed angel fund that has co-invested alongside Invest Michigan in companies such as Shoulder Innovations ($21.6M Series C) and AdAdapted. Operates a similar Michigan-only, early-stage thesis with state-aligned capital.
- Capital Midwest Fund: Michigan-focused early-stage venture fund that has led rounds and co-invested alongside Invest Michigan (e.g., AdAdapted Series A). Targets similar pre-seed/seed Michigan opportunities.
- Michigan Capital Network: Michigan-based early-stage investment platform and network of angel funds that deploys capital into Michigan startups. Board member Jody Vanderwel is Managing Partner at Michigan Capital Network, indicating overlapping ecosystem role and co-investment activity with Invest Michigan.
- Biosciences Research and Commercialization Center (BRCC): Michigan-based biosciences-focused investment program that partnered with Invest Michigan to fund Fifth Eye Inc. Comparable as a state-aligned, life-sciences-focused early-stage investor in the same ecosystem.
- Amherst Fund: Michigan-focused investment fund led by board member Matt Turner. Overlapping governance and a Michigan-rooted early-stage mandate make it a directly comparable peer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Invest Michigan financial estimates
Financial estimateRevenue estimate
Valuation estimate
Invest Michigan leadership team
Management profileNumber of profiles
Profiles4 records
Invest Michigan funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Invest Michigan M&A and investment
M&A and investmentM&A
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Invest Michigan
What does Invest Michigan do?
Invest Michigan is a nonprofit investment organization that manages the Michigan PreSeed Fund II and deploys Program-Related Investments (PRIs) into early-stage, high-tech companies headquartered in Michigan. The fund provides initial and follow-on capital to startups in Advanced Manufacturing/Materials, Life Sciences, and Information Technology sectors, with a focus on high-risk, nascent, pre-revenue companies.
Is Invest Michigan a public or private company?
Invest Michigan is a private company. It is classified as state government owned and is currently operating.
When was Invest Michigan founded?
Invest Michigan was founded in 2013. It employs 1 to 10 people.
Where is Invest Michigan based?
Invest Michigan is headquartered in Detroit, United States, in the North America region.
How does Invest Michigan make money?
One revenue line is on record: program-Related Investments.
Who are Invest Michigan's main competitors?
Broad incumbents on record are Ben Franklin Technology Partners and Ohio Third Frontier. Direct peers are Invest Detroit, Grand Ventures, MINTS (Michigan Investment in New Technology Startups), Michigan Angel Fund, Capital Midwest Fund, Michigan Capital Network, Biosciences Research and Commercialization Center (BRCC) and Amherst Fund.
Does Invest Michigan have an API?
No public API is recorded for Invest Michigan.
What industry is Invest Michigan in?
Invest Michigan's product category is Early-Stage Venture Capital Investment. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed). Its NAICS code is 523940 and its SIC code is 6282.