Wakestream Ventures

Founded 2016
Founders Rick DeVos

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
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.
Total investments 58
Average round size
info
The average size of a deal this fund participated in
$2M
Portfolio companies 41
Rounds per year 8.20
Lead investments 8
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.28
Exits 7
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Enterprise Software
  • Hardware
  • Health Care
  • Information Technology
  • Software
Summary

Wakestream Ventures appeared to be the VC, which was created in 2016. The leading representative office of defined VC is situated in the Grand Rapids. The company was established in North America in United States.

For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. The fund has specific favorite in a number of founders of portfolio startups. If startup sums 4 of the founder, the chance for it to be financed is low. Among the most popular fund investment industries, there are Health Care, Enterprise Software. Among the most popular portfolio startups of the fund, we may highlight Benefit Mobile, GINKGOTREE, Shoulder Innovations.

The fund was created by Rick DeVos. We also calculated 4 valuable employees in our database.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Wakestream Ventures, startups are often financed by Grand Angels, Techstars, Harvard Business School Angels Chicago. The meaningful sponsors for the fund in investment in the same round are Start Garden, Invest Detroit, Michigan Angel Fund. In the next rounds fund is usually obtained by eLab Ventures, Lux Capital, Invest Detroit.

The fund is generally included in 2-6 deals every year. This Wakestream Ventures works on 20 percentage points less the average amount of lead investments comparing to the other organizations. Speaking about the real fund results, this VC is 7 percentage points less often commits exit comparing to other organizations. The important activity for fund was in 2015. The usual things for fund are deals in the range of 1 - 5 millions dollars. The higher amount of exits for fund were in 2019.

Read more

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

ATLAS Space Operations

Space Travel
1000K01 Apr 2021 United States, Traverse City

MaxOne

Apps
Information Technology
SaaS
Sports
Early Stage Venture
3M07 Jan 2021 United States, Grand Rapids

Magic Spoon

Food and Beverage
Food Processing
Sales
Snack Food
9M17 Nov 2020 United States, New York

Shoulder Innovations

Biotechnology
Health Care
Information Technology
Innovation Management
Medical Device
21M02 Nov 2020 United States, " United States"}

AdAdapted

Advertising
Brand Marketing
Digital Media
Software
3M30 Apr 2020 United States, Ann Arbor

ATLAS Space Operations

Space Travel
5M01 Mar 2020 United States, Traverse City

Magic Spoon

Food and Beverage
Food Processing
Sales
Snack Food
Seed
5M12 Sep 2019 United States, New York

Orbion Space Technology

Automotive
Information Technology
Logistics
Manufacturing
Software
Early Stage Venture
9M28 Aug 2019 United States, " United States"}

HealthBridge

Financial Services
FinTech
Health Care
Insurance
InsurTech
Early Stage Venture
8M23 Apr 2019 United States, Grand Rapids
News
MaxOne Raises $3.5M in Funding
– MaxOne from Grand Rapids, MI develops technology to help coaches interact and engage with athletes. – Company raised $3.5M in funding. – The round was led by Stadia Ventures with participation from Chris Paul, the Piquet Family Office, and Wakestream Ventures. – The new investment will be used to expand operations and business reach. Read more

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Wakestream Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: