Startup investors in Detroit and Ann Arbor
The venture fund, angel group and economic development program that work with Detroit, Ann Arbor and Michigan founders, what each publishes about itself, and how to reach it.
All amounts are in US dollars.
Who invests in startups in Detroit and Ann Arbor?
Michigan founders can approach Invest Detroit Ventures, an early-stage investor in Michigan-based high-tech startups, and apply to Ann Arbor Angels, which invests in early-stage technology companies around Ann Arbor. Ann Arbor SPARK invests in early-stage tech startups and runs acceleration grants and programs.
Angel networks in Detroit and Ann Arbor
| Network | How it works | Who it looks for | Fees | How to apply |
|---|---|---|---|---|
| Ann Arbor Angels | An angel group listed with 11 members on its Gust page | Early-stage technology companies in the greater Ann Arbor area, in sectors including biotech, clean tech, software, medical devices and semiconductors | Not published | Apply for Funding on its Gust page |
Funds that invest in Detroit and Ann Arbor startups
| Fund | Stage | Published first cheque | Focus and eligibility | How to pitch |
|---|---|---|---|---|
| Invest Detroit Ventures | Early stage | Not published | Michigan-based high-tech startups; seeks out founders who are persons of colour, immigrants, women or Detroit residents | Contact form on its site |
Programs that put founders in front of investors
- Ann Arbor SPARK. Invests in early-stage tech startups, offers acceleration grants and programs, and works to grow Michigan's angel investor community. Start with its client intake application.
Which route fits your company?
| If your situation is… | Look at | Why |
|---|---|---|
| Michigan high-tech startup, early stage | Invest Detroit Ventures | Its stated focus |
| Early-stage tech company near Ann Arbor | Ann Arbor Angels | Its stated region |
| Want grants and support to reach key milestones | Ann Arbor SPARK | Its stated programs |
Meeting an organization's criteria means you can apply, not that it will invest.
Start with SPARK's intake.
Ann Arbor SPARK says its first step is a client intake application. Fill it in before you ask about its grants or investment.
What should you have ready before you apply?
- A Gust profile, for Ann Arbor Angels.
- A completed SPARK client intake application.
- Proof that the company is based in Michigan.
For how to run the raise itself, see how to raise a seed round.
Frequently asked questions
Does Invest Detroit Ventures only invest in Michigan?
Yes. It invests in Michigan-based high-tech startups.
How do I start with Ann Arbor SPARK?
By filling out its client intake application.