Displaying items tagged: Wakestream Ventures LLC

Facility Health Inc.’s sale to a North Carolina software solutions provider is another example of a startup company backed by local investors in West Michigan that led to a successful exit.

The $2 million in capital that ADHD Online LLC raised will support further growth nationally as telehealth overall plays a larger role in the health care industry.

Even as a small northern Kent County school with an enrollment shy of 400 students, Kent City High School has viewers from all over the country tune in and watch its sports teams in action.

Here is the MiBiz Growth Report for November 22, 2020.

Ryan Vaughn can count many accomplishments over the last decade after co-founding and scaling VNN Inc., originally known as Varsity News Network. 

The COVID-19 pandemic that dismantled daily routines and hammered the economy has forced investors to pivot along with the companies they back financially.

ELMONT — A Grand Rapids-area software company that uses artificial intelligence to help health care providers monitor and maintain their facilities and equipment plans to scale operations with the backing of nearly $1.3 million in capital raised from investors.

Grand Ventures I LP’s lead investment in a Chicago digital health company typifies what’s occurring in venture capital in Michigan and neighboring states: Funds based in the region are backing Great Lakes-based startups.

Against the backdrop of West Michigan’s nascent medical device industry and an expanding array of resources, high-tech health care startups are finding the tools they need to start and grow their businesses in the region.

Here is the MiBiz Growth Report for Oct. 29, 2018.

GRAND RAPIDS — The $1.7 million in capital CertifID LLC raised earlier this year perhaps typifies how investors view the tech sector these days.

Urbaneer LLC, a provider of home furnishings geared toward smaller living units, has spun out of Rockford Construction Co. Inc.

GRAND RAPIDS –– The city of Grand Rapids over the next year will join the growing ranks of cities around the world seeking to enhance their data management practices.

Venture capital investors put more money into a similar numbers of deals in 2017 compared to the prior year, a sign that target companies are maturing and securing larger capital rounds.

More automotive suppliers these days are finding it’s easier to buy cutting-edge technology companies than to develop the complex systems on their own.

An investment from one of the world’s largest suppliers positions AlSentis LLC to penetrate the automotive market far further with its touch-control technology.

GRAND RAPIDS — The latest investment that positions enterprise software developer Blue Medora Inc. for further growth reflects the emergence of venture capital in the Midwest over the past decade.

Enterprise software developer Blue Medora LLC has raised another $8 million in capital that will support continued growth.

HOLLAND — With $600,000 in new capital, a West Michigan startup plans to fund an upcoming human clinical trial for its medical device technology.

An Ann Arbor company that wants to take traditional workplace wellness to an entirely new level using artificial intelligence has drawn a large share of capital from Grand Rapids-based investors.

GRAND RAPIDS — A growing manufacturer of high-tech food carts could serve as an example of the kind of business development that’s possible in West Michigan.

MOVE Systems International, a New York City-based manufacturer of eco-friendly food carts and accompanying electrical systems, plans to expand its manufacturing facilities in West Michigan.

GRAND RAPIDS — Despite the many accolades for West Michigan’s economy in recent years, prosperity hasn’t necessarily reached all people in the broader community to the same extent.

GRAND RAPIDS — Betsy DeVos’ new role as U.S. Secretary of Education under President Donald Trump will require her to step away from some of her vast business interests to comply with federal ethics laws.

GRAND RAPIDS — Citing concerns over widespread inequality, economic development stakeholders want to improve their outreach to the growing Latino population in the greater Grand Rapids area.

LANSING — A group of Lansing-area investors wants to provide seed capital to one new company annually that’s just getting off the ground.

HOLLAND — A $555,000 investment gives a Holland-based sports-related mobile application developer the seed capital it needs to pursue additional clients and grow the business.

The first time Jason Mejeur pitched to a prospective venture capital investor, armed with his “crappy” PowerPoint presentation to explain his concept, he failed to secure any money.

GRAND RAPIDS — The sale of RespondWell LLC last summer for an undisclosed sum was the first exit recorded by venture capital firm Michigan Accelerator Fund.

GRAND RAPIDS — After closing last spring on a $2 million venture capital investment, Ted Spooner began seeking another $8 million for his company, RespondWell LLC, a Grand Rapids-based telehealth provider.