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Venture capital firm

Invest Detroit Ventures

Detroit venture arm funding early-stage companies through its First Capital Fund and tech talent programmes

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TrustList summary

Invest Detroit Ventures, also called ID Ventures, invests in early-stage companies in Michigan. Its First Capital Fund gives genesis funding to businesses at the earliest stage of commercialisation, using quick and flexible instruments.

According to its 2018 review, the fund launched in March 2017 and had received over 280 applications and approved 28 investments by the end of 2018. Backers of the fund include MEDC, the New Economy Initiative and the Invest Detroit Foundation.

What Invest Detroit Ventures offers

  • First Capital Fund: first-round money for new companies.
  • Detroit Innovate portfolio: investments and follow-on support.
  • Hacker Fellows: paid fellowships and internships for emerging tech talent at Michigan startups.
  • Portfolio management: help finding resources and talent for portfolio firms.
  • Accelerate Michigan: a pitch competition event.

Who it works with

Early-stage founders and young developers in Michigan.

Key facts

  • Based in: Detroit, Michigan, USA
  • Managing directors: Patti Glaza and Martin Dober

Summary written by TrustList from the business's own published information, Oct 2026.

Categories & features

  • Michigan
  • Government
  • It
  • Arts
  • Detroit,
  • Early Stage
  • Venture Capital

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