# Detroit Venture Partners LP: portfolio, investments and team

> Detroit Venture Partners LP is a vc firm based in United States. 26 investments on record, latest Oct 2013. Portfolio, stages, co-investors and team.

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

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

# Detroit Venture Partners LP

Last cheque observed Oct 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed Series A Venture

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 26 on record

Since the last cheque **4751** days **00** hrs **00** min **00** sec

Median round **$1.2M** Rounds led **0 of 26** Sole investor **3 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch Detroit Venture Partners LP

## Detroit Venture Partners LP highlights

- 01 26 rounds on record
- 02 Mostly Seed and Series A: 81% of its rounds
- 03 Sole investor in 3 rounds, median $1.5M
- 04 2 exits from the portfolio

## What they do

> SEC Form ADV: exempt reporting adviser From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Detroit, MI, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **26 appearances**

- **2013** 9 rounds
- **Oct** **[BoostUp](https://millionrounds.com/company/boostup)** Seed · US · finsmes.com **$1.0M** With 2 others
- **Sept** **[LevelEleven](https://millionrounds.com/company/leveleleven)** Seed · US · techcrunch.com **$2.0M** With 7 others
- **Jul** **[ChoreMonster](https://millionrounds.com/company/choremonster)** Seed · US · pevc.dowjones.com **$1.5M** Sole investor
- **Jun** **[GINKGOTREE](https://millionrounds.com/company/ginkgotree)** Series A · US **$1.0M** With 2 others
- **Jun** **[Opsmatic](https://millionrounds.com/company/opsmatic)** Seed · US **$3.0M** With 8 others
- **May** **[Grand Circus](https://millionrounds.com/company/grand-circus)** Venture · US **$1.3M** Sole investor
- **Mar** **[Chalkfly](https://millionrounds.com/company/chalkfly)** Series A · US · modeldmedia.com **$750K** With 4 others
- **Mar** **[Quikly](https://millionrounds.com/company/quikly)** Series A · US · sec.gov **$1.0M** With 3 others
- **Mar** **[SocialProof](https://millionrounds.com/company/socialproof)** Series A · US · techcrunch.com **$2.3M** With 3 others
- **2012** 4 rounds
- **Jun** **[Rockbot](https://millionrounds.com/company/rockbot)** Seed · US · techcrunch.com **$1.2M** With 7 others
- **May** **[Are You a Human](https://millionrounds.com/company/are-you-a-human)** US **Undisclosed** With 2 others
- **Apr** **[Quikly](https://millionrounds.com/company/quikly)** Seed · US **Undisclosed** With 1 other
- **Mar** **[UpTo](https://millionrounds.com/company/upto)** Venture · US **Undisclosed** With 2 others
- **2011** 13 rounds
- **Dec** **[Sociocast](https://millionrounds.com/company/sociocast)** Seed · US · techcrunch.com **$1.5M** With 4 others
- **Dec** **[Marxent](https://millionrounds.com/company/marxent)** Venture · US · finsmes.com **$1.0M** With 2 others
- **Nov** **[StyleCaster](https://millionrounds.com/company/stylecaster)** Series A · US · venturebeat.com **$1.0M** With 5 others
- **Nov** **[Instore](https://millionrounds.com/company/instore)** Seed · US · gigaom.com **$1.2M** With 5 others
- **Oct** **[Are You a Human](https://millionrounds.com/company/are-you-a-human)** US **Undisclosed** With 2 others
- **Oct** **[UpTo](https://millionrounds.com/company/upto)** Seed · US · techcrunch.com **$875K** With 1 other
- **Sept** **[Flud](https://millionrounds.com/company/flud)** US **Undisclosed** With 3 others
- **Sept** **[Miso Media](https://millionrounds.com/company/miso-media)** Series A · US · techcrunch.com **$2.4M** With 3 others
- **Jul** **[Are You a Human](https://millionrounds.com/company/are-you-a-human)** Series A · US · finsmes.com **$750K** With 2 others
- **Jun** **[Marxent](https://millionrounds.com/company/marxent)** US **Undisclosed** With 2 others
- **Jun** **[hiredMYway.com](https://millionrounds.com/company/hiredmyway-com)** US · modeldmedia.com **Undisclosed** With 2 others
- **Apr** **[Flud](https://millionrounds.com/company/flud)** Seed · US · techcrunch.com **$1.0M** With 3 others
- **Mar** **[Sociocast](https://millionrounds.com/company/sociocast)** Series B · US · research-live.com **$1.8M** Sole investor

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 **2 named**

BM **Brian Michael Hermelin** Partner i Form ADV

DG **Daniel Gilbert** Partner i Form ADV

We also hold **3** people 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$56M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Detroit Venture Partners LP
- **SEC number:** CRD 281114

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Opsmatic](https://millionrounds.com/company/opsmatic)** Bought by New Relic **Undisclosed** Nov 2015

**[StyleCaster](https://millionrounds.com/company/stylecaster)** Bought by SheKnows Media **Undisclosed** Aug 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Venture

Median round joined **$1.2M** the round, not its cheque Alone, median **$1.5M**

Led 0 of 26 rounds **0%**

- **Sole investor:** 3 rounds
- **Last cheque:** Oct 2013
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Seed *10*
- Series A *7*
- Venture *3*
- Series B *1*

Cheques by year Led Joined

2011 2013

Often in the room with

- [Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) 6
- [Invest Detroit](https://millionrounds.com/fund/invest-detroit) 5
- [Frankel Commercialization Fund](https://millionrounds.com/fund/frankel-commercialization-fund) 3
- [Beck Besecker](https://millionrounds.com/fund/beck-besecker) 2
- [David Fry](https://millionrounds.com/fund/david-fry) 2
- [Google Ventures](https://millionrounds.com/fund/gv) 2

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## Who they invest alongside

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

[**Ludlow Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/ludlow-ventures)[**Invest Detroit** VC firm **5** rounds together](https://millionrounds.com/fund/invest-detroit)[**Frankel Commercialization Fund** VC firm **3** rounds together](https://millionrounds.com/fund/frankel-commercialization-fund)[**Beck Besecker** Angel **2** rounds together](https://millionrounds.com/fund/beck-besecker)[**David Fry** Angel **2** rounds together](https://millionrounds.com/fund/david-fry)[**Google Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/gv)[**JFJF Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/jfjf-ventures)[**Pennstro Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/pennstro-ventures)[**Stage 1 Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/stage-1-ventures)[**Start Garden** VC firm **2** rounds together](https://millionrounds.com/fund/start-garden)[**capitalB** Angel network **2** rounds together](https://millionrounds.com/fund/capitalb)

## Quick answers about Detroit Venture Partners LP

### What does Detroit Venture Partners LP invest in?

Detroit Venture Partners LP invests most often at Seed and Series A (81% of the rounds on record).

### How active is Detroit Venture Partners LP?

26 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2013.

### How big are Detroit Venture Partners LP's cheques?

The median round it joins is $1.2M.

### Does Detroit Venture Partners LP lead rounds?

Rarely, if at all: none of its 26 investments on record names it as the lead.

### Where does Detroit Venture Partners LP invest?

Most of the companies it backs are in the United States (100%).

### Is Detroit Venture Partners LP investing now?

No investments in the last 12 months; the latest was in Oct 2013.

### Who does Detroit Venture Partners LP invest alongside?

Most often Ludlow Ventures (6 rounds together), Invest Detroit (5 rounds together) and Frankel Commercialization Fund (3 rounds together).

### What kind of investor is Detroit Venture Partners LP?

Detroit Venture Partners LP is a VC firm based in Detroit, MI, United States.

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