Detroit Venture Partners

Summary

Detroit Venture Partners appeared to be the VC, which was created in 2010. The main office of represented VC is situated in the Detroit. The venture was found in North America in United States.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Detroit Venture Partners, startups are often financed by Hyde Park Venture Partners, NCT Ventures, Village Ventures. The meaningful sponsors for the fund in investment in the same round are Ludlow Ventures, NCT Ventures, Stage 1 Ventures. In the next rounds fund is usually obtained by NCT Ventures, Ludlow Ventures, BIP Capital.

This Detroit Venture Partners works on 17 percentage points less the average amount of lead investments comparing to the other organizations. Deals in the range of 1 - 5 millions dollars are the general things for fund. The typical startup value when the investment from Detroit Venture Partners is 5-10 millions dollars. The real fund results show that this VC is 46 percentage points more often commits exit comparing to other companies. The increased amount of exits for fund were in 2017. The high activity for fund was in 2011. Despite it in 2019 the fund had an activity. The fund is generally included in 7-12 deals every year.

This organization was formed by Brian Hermelin, Dan Gilbert. We also calculated 4 valuable employees in our database.

Among the various public portfolio startups of the fund, we may underline StockX, Dwolla, Miso Media Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has exact preference in a number of founders of portfolio startups. If startup sums 1 of the founder, the chance for it to be financed is low. We can highlight the next thriving fund investment areas, such as Digital Media, Mobile.