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Ann Arbor SPARK

Founders Rick Snyder

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 100
Average round size
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The average size of a deal this fund participated in
$942K
Portfolio companies 88
Rounds per year 5.56
Lead investments 11
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.11
Exits 16
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Biotechnology
  • Health Care
  • Manufacturing
  • Information Technology
  • Medical Device
Summary

In 2005 was created Ann Arbor SPARK, which is appeared as Corporate Investor. The fund was located in North America if to be more exact in United States. The leading representative office of defined Corporate Investor is situated in the Ann Arbor.

The typical case for the fund is to invest in rounds with 1-2 participants. Despite the Ann Arbor SPARK, startups are often financed by Pennstro Ventures, Focus Ventures, Detroit Venture Partners. The meaningful sponsors for the fund in investment in the same round are Wakestream Ventures, Steve Fireng, Robert Dowdell. In the next rounds fund is usually obtained by Huron River Ventures, OUP (Osage University Partners), Michigan Economic Development Corporation.

Comparing to the other companies, this Ann Arbor SPARK performs on 16 percentage points less the average number of lead investments. The important activity for fund was in 2012. Despite it in 2019 the fund had an activity. The fund is constantly included in 7-12 deals per year. The common things for fund are deals in the range of 1 - 5 millions dollars. The increased amount of exits for fund were in 2016. Speaking about the real fund results, this Corporate Investor is 10 percentage points less often commits exit comparing to other organizations.

The fund was created by Rick Snyder.

The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Barracuda Networks, Vestaron Corporation, Millendo Therapeutics Among the most successful fund investment fields, there are Manufacturing, Medical.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Ann Arbor SPARK:
Typical Co-investors
Ann Arbor SPARK is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Ann Arbor SPARK:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

360ofme

Asset Management
Health Care
Information Services
Information Technology
Insurance
Software
25 Sep 2023 Royal Oak, Michigan, United States

Biotechnology
$2M23 Feb 2021 Michigan, United States

Orbion Space Technology

Automotive
Information Technology
Logistics
Manufacturing
Software
$9M28 Aug 2019 Michigan, United States

SPLT (Splitting Fares)

CleanTech
Software
Transportation
Travel
$680K01 Jan 2017 New York, New York, United States

Banza

Consumer Goods
Food and Beverage
Food Processing
Manufacturing
Organic Food
$1M11 Nov 2015 Detroit, Michigan, United States

Argo Labs

Software
Video Editing
Web Design
$100K20 Jul 2015 Ann Arbor, Michigan, United States

SkySpecs

Aerospace
Analytics
Asset Management
Drones
Energy Efficiency
Productivity Tools
Renewable Energy
Robotics
Wind Energy
$500K14 Nov 2014 Ann Arbor, Michigan, United States

CureLauncher

Biotechnology
Health Care
Medical
$500K12 Sep 2014 Michigan, United States

LEX TM3 SYSTEMS

Manufacturing
Mobile
Power Grid
Renewable Energy
30 Jan 2014 Florida, United States

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Total investments 100
Average round size 942K
Rounds per year 5.56
Peak activity year 2012
Lead investments 11
Follow on index 0.11
Exits 16
Group Appearance index 0.22

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

360ofme

Asset Management
Health Care
Information Services
Information Technology
Insurance
Software
25 Sep 2023 Royal Oak, Michigan, United States

Biotechnology
$2M23 Feb 2021 Michigan, United States

Orbion Space Technology

Automotive
Information Technology
Logistics
Manufacturing
Software
$9M28 Aug 2019 Michigan, United States

SPLT (Splitting Fares)

CleanTech
Software
Transportation
Travel
$680K01 Jan 2017 New York, New York, United States

Banza

Consumer Goods
Food and Beverage
Food Processing
Manufacturing
Organic Food
$1M11 Nov 2015 Detroit, Michigan, United States

Argo Labs

Software
Video Editing
Web Design
$100K20 Jul 2015 Ann Arbor, Michigan, United States

SkySpecs

Aerospace
Analytics
Asset Management
Drones
Energy Efficiency
Productivity Tools
Renewable Energy
Robotics
Wind Energy
$500K14 Nov 2014 Ann Arbor, Michigan, United States

CureLauncher

Biotechnology
Health Care
Medical
$500K12 Sep 2014 Michigan, United States

LEX TM3 SYSTEMS

Manufacturing
Mobile
Power Grid
Renewable Energy
30 Jan 2014 Florida, United States
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