# Detroit Innovate: portfolio, investments and team

> Detroit Innovate is a vc firm. 3 investments on record, latest Sept 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/detroit-innovate (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Detroit Innovate

Last cheque observed Sep 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet New fund $50K, Mar 2014 VC firm

Venture Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **4072** days **00** hrs **00** min **00** sec

Median round **$1.3M** Rounds led **0 of 3**

Pitch Detroit Innovate

## Detroit Innovate highlights

- 01 3 rounds on record
- 02 Mostly Venture and Series B: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2015** 2 rounds
- **Sept** **[Varsity News Network](https://millionrounds.com/company/varsity-news-network)** Venture · US **$3.7M** With 6 others
- **Jan** **[Sportsman Tracker](https://millionrounds.com/company/sportsman-tracker)** Venture · US **$950K** With 3 others
- **2014** 1 round
- **Feb** **[ArborMetrix](https://millionrounds.com/company/arbormetrix)** Series B · US **$1.3M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

AF **Adrian Fortino** Manager of General Partner i Filing they signed

DB **David Blaszkiewicz** Manager of General Partner i Filing they signed

MR **Mahendra Ramsinghani** Manager of General Partner i Filing they signed

We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

New fund on file

**$50K**

raised in Mar 2014

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Venture Series B

Median round joined **$1.3M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2015

Rounds by stage said on their site

- Venture *2*
- Series B *1*

Cheques by year Led Joined

2014 2015

Often in the room with

- [Start Garden](https://millionrounds.com/fund/start-garden) 2

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## Who they invest alongside

The investors most often in the same rounds as Detroit Innovate. A count of rooms they were both in, not a relationship either has claimed.

[**Start Garden** VC firm **2** rounds together](https://millionrounds.com/fund/start-garden)

## Quick answers about Detroit Innovate

### What does Detroit Innovate invest in?

Detroit Innovate invests most often at Venture and Series B (100% of the rounds on record).

### How active is Detroit Innovate?

3 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2015.

### How big are Detroit Innovate's cheques?

The median round it joins is $1.3M.

### Is Detroit Innovate investing now?

No investments in the last 12 months; the latest was in Sept 2015.

### Who does Detroit Innovate invest alongside?

Most often Start Garden (2 rounds together).

### What kind of investor is Detroit Innovate?

Detroit Innovate is a VC firm.

### Has Detroit Innovate raised a new fund?

Its latest fund filing with the SEC was in Mar 2014, reporting $50K raised.

### Where does this information on Detroit Innovate come from?

From public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=detroit-innovate) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=detroit-innovate)
