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VENTURE CAPITAL<br />
Invest<br />
Michigan<br />
www.investmichigan.org<br />
HEADQUARTERS:<br />
500 Griswold Street, Suite 1640<br />
Detroit MI 48226<br />
Ludlow<br />
Ventures<br />
www.ludlowventures.com<br />
HEADQUARTERS:<br />
1555 Broadway<br />
Detroit, MI 48226<br />
M E M B E R M E M B E R<br />
Staff:<br />
CHARLES MORET - President and CEO<br />
Charlie@investmichigan.org 313-244-0667<br />
Michigan Investment Professionals: 3<br />
Worldwide Investment Professionals: 3<br />
Assets Under Management:<br />
$8,000,000<br />
Funds Managed (Current and Historical): 1<br />
Actively Investing? Yes<br />
Firm Overview:<br />
Invest Michigan is the manager of the Michigan Pre-Seed Fund<br />
2.0. It is a Michigan nonprofit corporation based in Detroit and<br />
governed by its board of directors. As fund manager, Invest<br />
Michigan has a contract with the Michigan Strategic Fund to direct<br />
and manage a $6.8 million investment fund.<br />
While the funds it deploys come from the state, Invest Michigan is a<br />
private company governed by its board of directors. The processes<br />
it employs, the evaluations it conducts and the investment<br />
decisions it makes are independent from the State, as are the<br />
members of its leadership team and Board of Directors.<br />
Preferred Initial Investment Amount:<br />
$100,000<br />
Industry Sectors:<br />
Life Information Alternative Adv Materials Business Consumer<br />
Sciences Technology Energy Media & Manufacturing Services Products Other<br />
Staff:<br />
BRETT DEMARRAIS - Partner<br />
brett@ludlowventures.com<br />
JONATHAN TRIEST - Founding and Managing Partner<br />
jt@ludlowventures.com<br />
Michigan Investment Professionals: 2<br />
Worldwide Investment Professionals: 2<br />
Assets Under Management:<br />
$15,500,000<br />
Funds Managed (Current and Historical): 2<br />
Actively Investing? Yes<br />
Firm Overview:<br />
Ludlow operates differently because we’re a different kind of VC.<br />
We believe in VC without ego. We wear our hearts on our sleeves,<br />
avoiding the puffery and posturing that has given venture capital<br />
a bad name. We fund the dreams of entrepreneurs and startups,<br />
becoming close friends with all of the teams we invest in. VC is a<br />
customer service business; whether it’s testing product, leveraging<br />
our network, or forcing people to download your app, we’re here<br />
to help.<br />
Preferred Initial Investment Amount:<br />
$100,000<br />
Industry Sectors:<br />
Life Information Alternative Adv Materials Business Consumer<br />
Sciences Technology Energy Media & Manufacturing Services Products Other<br />
Life Science Subsector:<br />
Healthcare Animal Health/<br />
Pharmaceuticals Devices Diagnostics Biotechnology Services Agriculture Other<br />
Information Technology Subsector:<br />
Hardware Software Services Other<br />
Information Technology Subsector:<br />
Hardware Software Services Other<br />
Stages of Investment:<br />
Idea & Pre-Seed Seed Early Growth Mezzanine<br />
Stages of Investment:<br />
Idea & Pre-Seed Seed Early Growth Mezzanine<br />
26 DENOTES MICHIGAN SEATED