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Grand Angels

North America, Michigan, United States, Holland

Description

Grand Angels is a prominent angel investment group headquartered in Holland, Michigan, serving the West Michigan region and beyond. Established in 2004, the firm focuses on providing crucial early-stage capital to high-growth companies with disruptive technologies and strong management teams. Their investment philosophy extends beyond mere financial injection, emphasizing active mentorship, strategic guidance, and leveraging their extensive network to support portfolio companies' development and scaling efforts.

Since its inception, Grand Angels has made a significant impact on the regional entrepreneurial ecosystem. The group has deployed over $65 million in capital across more than 50 companies, demonstrating a consistent commitment to fostering innovation and economic growth. Their typical initial investment ranges from $250,000 to $1,000,000, positioning them as a key funding source for startups seeking seed or early Series A rounds. Grand Angels frequently participates in follow-on funding rounds, often increasing their total investment in a single company to several million dollars as it achieves milestones and demonstrates continued potential.

The firm's investment interests span a diverse array of high-potential sectors. They actively seek opportunities within life sciences, advanced manufacturing, and information technology, reflecting the region's economic strengths and emerging trends. Grand Angels prides itself on identifying companies that not only possess innovative products or services but also exhibit a clear path to market and a scalable business model. Their hands-on approach and deep industry expertise make them a valuable partner for entrepreneurs navigating the challenges of early-stage growth.

Investor Profile

Grand Angels has backed more than 24 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 21% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, South Africa.
  • Strong thematic focus on Biotechnology, Health Care, Software.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (29%)
  • Series A (25%)
  • Series B (17%)
  • Series Unknown (13%)
  • Debt Financing (8%)
  • Convertible Note (4%)
  • Angel (4%)

Country Focus

  • United States (96%)
  • South Africa (4%)

Industry Focus

  • Biotechnology
  • Health Care
  • Software
  • Life Science
  • Medical Device
  • Analytics
  • Manufacturing
  • Information Technology
  • Medical
  • Therapeutics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Grand Angels frequently co-invest with?

Plymouth Growth
North America, Michigan, United States, Ann Arbor
Co-Investments: 2
eLab Ventures
North America, Michigan, United States, Ann Arbor
Co-Investments: 2
Capital Community Angel Investors
North America, Michigan, United States, East Lansing
Co-Investments: 3
Michigan Rise
North America, Michigan, United States, East Lansing
Co-Investments: 2
Michigan Angel Fund
North America, Michigan, United States, Ann Arbor
Co-Investments: 3
Biosciences Research and Commercialization Center (BRCC)
North America, Michigan, United States, Kalamazoo
Co-Investments: 4
Arboretum Ventures
North America, Michigan, United States, Ann Arbor
Co-Investments: 2
Apjohn ventures
North America, Michigan, United States, Kalamazoo
Co-Investments: 2
Wakestream Ventures
North America, Michigan, United States, Grand Rapids
Co-Investments: 4
Blue Water Angels
North America, Michigan, United States, Midland
Co-Investments: 2

Which angels does Grand Angels often collaborate with?

Lior Prosor
Asia, Israel
Shared Deals: 1

What are some of recent deals done by Grand Angels?

Akadeum Life Sciences

Ann Arbor, Michigan, United States

Akadeum develops bioseparation products to facilitate the removal of target cells from biological samples.

BiotechnologyInformation TechnologyLife ScienceMedical
Series BOct 12, 2021
Amount Raised: $17,500,000
ONL Therapeutics

Ann Arbor, Michigan, United States

ONL Therapeutics is a biopharmaceutical company dedicated to protecting vision through the protection of photoreceptors.

BiotechnologyHealth CarePharmaceuticalTherapeutics
Series BDec 22, 2020
Amount Raised: $46,900,000
Ripple Science

Ann Arbor, Michigan, United States

Ripple Science accelerates clinical research with its HIPAA-compliant suite of tools.

Clinical TrialsHealth CareSaaSSoftware
SeedSep 29, 2020
KitoTech Medical

Seattle, Washington, United States

KitoTech Medical is a medical device company developing and commercializing products for wound closure and wound care.

BiotechnologyHealth CareManufacturingMedical Device
Convertible NoteAug 1, 2020
Amount Raised: $3,000,000
Ocuphire Pharma

Farmington Hills, Michigan, United States

Ocuphire Pharma, a clinical-stage biopharmaceutical company, develops and commercializes therapies for patients with ophthalmic disorders.

BiopharmaBiotechnologyPharmaceutical
SeedJul 22, 2019
Amount Raised: $5,000,000
Ambiq Micro

Austin, Texas, United States

Ambiq Micro is a semiconductor manufacturing company that develops mixed-signal solutions for wireless electronics.

Consumer ElectronicsInternet of ThingsManufacturingSemiconductorWearables
Series UnknownJun 5, 2018
Amount Raised: $11,443,650
Channel Dynamix

Johannesburg, NA - South Africa, South Africa

Channel Dynamix is an advertising company that offers lead generation, qualification, product development, and sales process optimization.

AdvertisingAnalyticsLead GenerationLead ManagementProduct DesignSalesSecuritySoftware
SeedOct 1, 2017
Amount Raised: $2,100,000
HistoSonics

Plymouth, Minnesota, United States

HistoSonics specializes in developing non-invasive medical devices, interventional radiology, and surgical robotics.

Health CareMedicalMedical Device
Series BMar 13, 2017
Amount Raised: $8,260,313
Micro-LAM Technologies

Portage, Michigan, United States

Micro-LAM Technologies offers cutting edge technology through its state-of-the-art retrofittable system.

CommercialIndustrialNanotechnology
AngelMar 13, 2017
Amount Raised: $535,000
Tetra Therapeutics

Grand Rapids, Michigan, United States

Tetra Therapeutics is a clinical stage biotechnology company developing a portfolio of therapeutic products.

BiotechnologyTherapeutics
Series ANov 29, 2016
Amount Raised: $5,000,000