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General Information

Websiteinvestdetroit.com...
Employees1
Founded3/2010
DescriptionSeed and Early Stage Fund

Funds

Offices

Detroit, USA

People

Managing Director
President & CEO
Vice President
Vice President, Loan Administration
Vice President, Administration
Board of Directors
Board of Directors
Board of Directors
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Tags

First Step Fund

The First Step Fund provides emerging companies with access to seed capital, focused mentoring in areas consistent with growing the business, and a network that will work to foster demand and create opportunities.

Recent Milestones

Investments

Company Date Round Size Participants
Varsity News Network 2/2014Series A$3M9
LevelEleven 9/2013Venture Round$2M8
Seelio 4/2013Seed$900k6
LevelEleven 4/2013Seed$500k3
Stik 3/2013Series A$2.3M4
Fusion Coolant Systems 1/2013Series A$600k3
Larky 12/2012Seed$650k2
Are You a Human 5/2012Venture Round3
Side.Cr 12/2011Seed14
Are You a Human 10/2011Venture Round3
Are You a Human 7/2011Series A$750k3

Videos

Sources

    Crains Detroit (crainsdetroit.com) [edit]
    Crains Detroit (crainsdetroit.com) [edit]
    TechCrunch (techcrunch.com) [edit]
    Crains Detroit (crainsdetroit.com) [edit]
  1. Varsity News Network Closes $3M Series A To Expand Its High School Athletic Platform Nationwide (techcrunch.com) [edit]
  2. LevelEleven Raises $2M For Sales Motivation App From Salesforce.com, A Former NBA Star And An NFL Offensive Tackle (techcrunch.com) [edit]
  3. Student Portfolio Site Seelio Raises Just Under $1 Million, Takes Its Platform Directly To Educators (techcrunch.com) [edit]
  4. LevelEleven lands another $500K to gamify sales and CRM (venturebeat.com) [edit]
  5. Social Recommendations Startup Stik Relaunches, Raises $2.3M From Detroit Venture Partners And North Coast Technology Investors (techcrunch.com) [edit]
  6. Fusion Coolant Systems Raises $600K in Series A Funding (finsmes.com) [edit]
  7. techcrunch.com [edit]
  8. Detroit Venture Partners Source [edit]
  9. Hail A Fellow Human, Not A Taxi With “SideCar” – The New P2P Uber (techcrunch.com) [edit]
  10. Detroit Venture Partners Source [edit]
  11. Are You a Human Raises $750K in Series A Funding Round (finsmes.com) [edit]
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Last Edited 2/17/14

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