06.04.2013 Views

MVCA 2011 Annual Report - Grand Angels

MVCA 2011 Annual Report - Grand Angels

MVCA 2011 Annual Report - Grand Angels

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

IN MICHIGAN IN <strong>2011</strong>, THERE WERE...<br />

27 VENTURE fIRMS<br />

66 INVESTMENT PROfESSIONALS<br />

$3B TOTAL CAPITAL UNdER MANAgEMENT; $60M AVERAgE fUNd SIZE<br />

4 fUNdS CLOSINg; $348M RAISEd<br />

95 CURRENT VC-BACKEd COMPANIES<br />

$370M AVAILABLE CAPITAL<br />

93 OUT-Of-STATE VENTURE CAPITAL fIRMS wITh MIChIgAN INVESTMENTS<br />

3 PORTfOLIO COMPANY EXITS<br />

<strong>2011</strong> VENTURE CAPITAL fINANCINgS<br />

$191M VC INVESTEd IN MIChIgAN<br />

38+ INVESTMENTS<br />

22 NEw COMPANIES fUNdEd<br />

IN <strong>2011</strong> NATIONALLY,<br />

THERE WERE...<br />

842 VENTURE fIRMS<br />

6,125 INVESTMENT PROfESSIONALS<br />

$197B TOTAL CAPITAL UNdER MANAgEMENT<br />

ANgEL INVESTORS<br />

5 ANgEL INVESTMENT NETwORKS<br />

2 ANgEL fUNdS<br />

$9.5M <strong>2011</strong> ANgEL ANd<br />

PRE-SEEd INVESTMENT<br />

87 COMPANIES RECEIVINg<br />

ANgEL & PRE-SEEd INVESTMENTS<br />

MICHIGAN<br />

<strong>MVCA</strong> <strong>2011</strong> VENTURE CAPITAL REPORT 23

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!