Michigan Angel Fund

Summary

The leading representative office of defined VC is situated in the Ann Arbor. The venture was found in North America in United States.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Michigan Angel Fund, startups are often financed by North Coast Technology Investors, First Step Fund, Ann Arbor SPARK. The meaningful sponsors for the fund in investment in the same round are Wakestream Ventures, Capital Community Angel Investors, Northern Michigan Angels. In the next rounds fund is usually obtained by Wakestream Ventures, NHN Investment, Intel Capital.

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 1 and less years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Avegant, Shoulder Innovations, Ocuphire Pharma. Among the most successful fund investment fields, there are Pharmaceutical, Higher Education. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little.

The fund is generally included in 2-6 deals every year. Speaking about the real fund results, this VC is 13 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2017. Deals in the range of 1 - 5 millions dollars are the general things for fund.