18 venture capital firms in Michigan
We list 18 venture capital firms in Michigan as of November 2026: each has an SEC filing on file, and the list was last checked on 6 Nov 2026. The cities with the most head offices on this list are Ann Arbor (5), Grand Rapids (3) and Detroit (2).
Top 9 venture capital firms in Michigan, ranked by recent fund activity
Among firms with a published profile and a dated fund or deal in the last 24 months. The rule: Activity score out of 100: recency of the latest fund filing or dated deal (50: full marks within 3 months, then stepping down at 6, 12 and 24 months), size of the fund on file on a log scale (35) and completeness of the public record (15). It is a measure of activity and fit, not of quality or returns. The same rule orders the whole list; it is repeated in the method box.
Grand Ventures
Type: VC firm · HQ: Grand Rapids, MI · Stages: Seed · Focus: AI, Developer Tools, Fintech, Healthtech · Latest activity: New deal, Sep 2026 · Fund size on file: $100M (SEC Form D, 2022)
Dated new deal in Sep 2026; $100M fund on file (SEC Form D, 2022); backs seed; 6 named decision-makers on file.
RPM Ventures
Type: VC firm · HQ: Ann Arbor, MI · Stages: Seed · Focus: Space, Future of Work, Healthtech, Fintech · Latest activity: New fund, Sep 2026 · Fund size on file: $165M (SEC Form D, 2026)
Latest fund filing dated Sep 2026; $165M fund on file (SEC Form D, 2026); backs seed; 3 named decision-makers on file.
Arboretum Ventures
Type: VC firm · HQ: Ann Arbor, MI · Stages: Series A, Series B · Focus: Healthtech, Biotech, Medtech · Latest activity: Portfolio news, Mar 2026 · Fund size on file: $250M (SEC Form D, 2022)
Portfolio news dated Mar 2026; $250M fund on file (SEC Form D, 2022); backs Series A, Series B; 7 named decision-makers on file.
Ludlow Ventures
Type: VC firm · HQ: Oak Park, MI · Stages: Seed · Focus: AI, Fintech, SaaS, Hardware · Latest activity: New fund, Jan 2026 · Fund size on file: $65M (SEC Form D, 2021)
Latest fund filing dated Jan 2026; $65M fund on file (SEC Form D, 2021); backs seed; 2 named decision-makers on file.
Assembly Ventures
Type: VC firm · HQ: Detroit, MI · Focus: AI, Developer Tools, Logistics, Mobility · Latest activity: New fund, Feb 2026 · Fund size on file: $40M (SEC Form D, 2026)
Latest fund filing dated Feb 2026; $40M fund on file (SEC Form D, 2026); 5 named decision-makers on file.
Mudita Venture Partners
Type: VC firm · HQ: Bingham Farms, MI · Stages: Seed · Focus: AI, Fintech, Future of Work, B2B · Latest activity: New fund, Apr 2026 · Fund size on file: $16M (SEC Form D, 2026)
Latest fund filing dated Apr 2026; $16M fund on file (SEC Form D, 2026); backs seed; 8 named decision-makers on file.
640 Oxford
Type: VC firm · HQ: Farmington Hills, MI · Stages: Seed · Focus: AI, Healthtech, Industrial Tech, Food and Beverage · Latest activity: New fund, Mar 2026 · Fund size on file: $12M (SEC Form D, 2022)
Latest fund filing dated Mar 2026; $12M fund on file (SEC Form D, 2022); backs seed; 2 named decision-makers on file.
Augment Ventures
Type: VC firm · HQ: Ann Arbor, MI · Stages: Seed · Focus: AI, Energy, Data, Industrial Tech · Latest activity: New fund, Dec 2024 · Fund size on file: $75M (SEC Form D, 2024)
Latest fund filing dated Dec 2024; $75M fund on file (SEC Form D, 2024); backs seed; 4 named decision-makers on file.
Banana Cap
Type: VC firm · HQ: Ann Arbor, MI · Stages: Pre-seed, Seed · Focus: Consumer, Fintech, Healthtech, Gaming · Latest activity: New deal, Feb 2025 · Fund size on file: $7M (SEC Form D, 2022)
Dated new deal in Feb 2025; $7M fund on file (SEC Form D, 2022); backs pre-seed, seed; 1 named decision-maker on file.
First 10 of 18 venture capital firms in Michigan
| Investor | Type | HQ | Stagesour research | Focusour research | Latest fund or deal | Fund sizeas filed or stated | Checked | Contacts |
|---|---|---|---|---|---|---|---|---|
| Grand Ventures | VC firm | Grand Rapids, MI | Seed | AI, Developer Tools, Fintech, Healthtech | New deal, Sep 2026 | $100M (SEC Form D, 2022) | 5 Nov 2026 | 6 names, firm email · Unlock |
| RPM Ventures | VC firm | Ann Arbor, MI | Seed | Space, Future of Work, Healthtech, Fintech | New fund, Sep 2026 | $165M (SEC Form D, 2026) | 4 Nov 2026 | 3 names · Unlock |
| Arboretum Ventures | VC firm | Ann Arbor, MI | Series A, Series B | Healthtech, Biotech, Medtech | Portfolio news, Mar 2026 | $250M (SEC Form D, 2022) | 5 Nov 2026 | 7 names · Unlock |
| Ludlow Ventures | VC firm | Oak Park, MI | Seed | AI, Fintech, SaaS, Hardware | New fund, Jan 2026 | $65M (SEC Form D, 2021) | 4 Nov 2026 | 2 names · Unlock |
| Assembly Ventures | VC firm | Detroit, MI | AI, Developer Tools, Logistics, Mobility | New fund, Feb 2026 | $40M (SEC Form D, 2026) | 4 Nov 2026 | 5 names, firm email · Unlock | |
| Mudita Venture Partners | VC firm | Bingham Farms, MI | Seed | AI, Fintech, Future of Work, B2B | New fund, Apr 2026 | $16M (SEC Form D, 2026) | 4 Nov 2026 | 8 names, firm email · Unlock |
| 640 Oxford | VC firm | Farmington Hills, MI | Seed | AI, Healthtech, Industrial Tech, Food and Beverage | New fund, Mar 2026 | $12M (SEC Form D, 2022) | 4 Nov 2026 | 2 names · Unlock |
| Augment Ventures | VC firm | Ann Arbor, MI | Seed | AI, Energy, Data, Industrial Tech | New fund, Dec 2024 | $75M (SEC Form D, 2024) | 5 Nov 2026 | 4 names, firm email · Unlock |
| Banana Cap | VC firm | Ann Arbor, MI | Pre-seed, Seed | Consumer, Fintech, Healthtech, Gaming | New deal, Feb 2025 | $7M (SEC Form D, 2022) | 5 Nov 2026 | 1 name · Unlock |
| Marram Ventures | VC firm | Saugatuck, MI | Seed, Series A, Series B | Healthtech, AI, Medtech, Biotech | $38M (SEC Form ADV) | 5 Nov 2026 | 2 names, firm email · Unlock |
You are seeing 10 of 18. The full list adds 8 more firms and 67 named decision-makers.
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How these 18 break down
By city
| City | On this list | Share |
|---|---|---|
| Ann Arbor | 5 | 28% |
| Grand Rapids | 3 | 17% |
| Detroit | 2 | 11% |
| Bloomfield Hills | 2 | 11% |
By stage
| Stage | On this list | Share |
|---|---|---|
| Pre-Seed | 2 | 11% |
| Seed | 9 | 50% |
| Series A | 3 | 17% |
| Series B | 2 | 11% |
Stage is our research. A firm can back more than one stage.
By sector
| Sector | On this list | Share |
|---|---|---|
| AI | 10 | 56% |
| SaaS | 8 | 44% |
| Healthtech | 7 | 39% |
| Fintech | 5 | 28% |
| Hardware | 5 | 28% |
| Medtech | 4 | 22% |
| Deep Tech | 4 | 22% |
| Logistics | 4 | 22% |
| Industrial Tech | 4 | 22% |
| Developer Tools | 3 | 17% |
| B2B | 3 | 17% |
| Biotech | 3 | 17% |
Sector is our research. A firm can carry more than one sector.
Method and limits
- Source
- All 18 rows carry an SEC filing (Form D or Form ADV). 12 of the 18 have a website we checked; the other 6 rest on the filing or register entry alone. Filing date and fund size are SEC data where a filing exists. Stage, sector and check size are our research.
- Inclusion rule
- Organizations that back startups. Individuals, buyout funds and firms we found to be inactive are left out. This list holds VC firms, fund managers and corporate venture arms; accelerators and angel networks are in their own lists. Place: head office in Michigan.
- Order
- Firms with a published profile come first. Activity score out of 100: recency of the latest fund filing or dated deal (50: full marks within 3 months, then stepping down at 6, 12 and 24 months), size of the fund on file on a log scale (35) and completeness of the public record (15). It is a measure of activity and fit, not of quality or returns.
- Last refreshed
- November 2026. Rows on this list were checked between 4 Nov 2026 and 6 Nov 2026.
- Fill rates
- Of 18 rows: stage 10, sector 12, fund size 16, website 12. In the paid file: named decision-makers on 17 rows, firm email on 5, LinkedIn page on 4, check size on 3.
- Corrections
- Email [email protected] or use the update form. We act within 5 working days.
Questions
How many VC firms are in Michigan?
We list 18 as of November 2026. 12 of the 18 have a fund filing or a dated deal in the last 12 months.
Which cities in Michigan have the most VC firms?
Ann Arbor (5), Grand Rapids (3) and Detroit (2).
Which Michigan VC funds filed with the SEC in the last 12 months?
9 of the 18 have a fund filing dated in the last 12 months. The most recent on this list are RPM Ventures (Sep 2026), Sprint (Sep 2026) and Fontinalis Capital (Jul 2026).
What stages do venture capital firms in Michigan back?
Of the 10 with a stage on file, seed (9), Series A (3) and pre-seed (2). A firm can back more than one stage, and 8 rows have no stage on file yet.
Where does the data on venture capital firms in Michigan come from and how often is it updated?
All 18 rows have an SEC filing on file (Form D or Form ADV). Filing date and fund size come from the filing. Stage, sector and check size are our research. Rows on this list were last checked on 6 Nov 2026 at the latest. The whole file is re-verified twice a year.
Can I download the list of venture capital firms in Michigan as a spreadsheet?
Yes. The file holds all 18 rows in Excel and CSV, with 67 named decision-makers and 5 firm emails, for $49 one-time. 10 rows are free on this page.
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