eLab Ventures

eLab Ventures, headquartered in Ann Arbor, Michigan, is an early-stage technology venture capital fund established in 2011. The firm primarily focuses on investing in innovative technology companies during their Seed and Series A funding rounds. With a strong emphasis on sectors such as enterprise software, mobile, SaaS, big data, cloud computing, artificial intelligence, machine learning, cybersecurity, fintech, and digital health, eLab Ventures positions itself as a key supporter of disruptive technologies.

The venture firm typically provides initial investments ranging from $250,000 to $1,000,000, aiming to support companies in their critical early growth phases. Beyond the initial capital injection, eLab Ventures demonstrates a commitment to its portfolio companies by reserving capital for follow-on investments, potentially contributing up to $5,000,000 in subsequent rounds. While maintaining a strong presence in the Midwest, particularly around its Ann Arbor base, eLab Ventures also actively seeks opportunities in Silicon Valley, reflecting a broad geographic scope for its investment activities.

Since its inception, eLab Ventures has built a robust portfolio, having made over 60 investments in promising technology startups. The firm prides itself on not just providing capital, but also leveraging its extensive network and operational expertise to help portfolio companies scale. Key figures like Managing Director Doug Neal and Venture Partners Rick Snyder and Mike Finney bring significant experience to the table, guiding companies through strategic development and market expansion. This hands-on approach, combined with a clear investment strategy, underscores eLab Ventures' role in fostering the next generation of tech innovators.