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Fund profile

Detroit Venture Partners

Detroit Venture Partners

Detroit, United States

Not leading

About

Detroit Venture Partners (DVP), founded in 2010 by Dan Gilbert, is a venture capital firm committed to backing early-stage tech startups that aim to drive innovation and economic growth. Based in Detroit, DVP is part of the broader Rock Family of Companies, which includes Rocket Companies, Bedrock Detroit, and the Cleveland Cavaliers. This extensive network enables DVP to offer its portfolio companies not only financial backing but also strategic partnerships and resources to help them scale effectively. DVP focuses on investing in startups that embody creativity, grit, and passion. They have a strong emphasis on companies in the technology sector, including fintech, SaaS, and logistics. Some of their notable portfolio companies include StockX, Livegistics, 100 Thieves, and CoverTree. By fostering innovation, DVP contributes to Detroit’s entrepreneurial ecosystem, helping to rejuvenate the city’s long history of industrial innovation. In addition to their investment activities, DVP runs a Summer Fellowship program that offers MBA and undergraduate students hands-on experience in venture capital and early-stage startups.

Details

Average check

$3M-$10M
$10M-$50M

Round

Seed
Series A
Pre-Seed

Previous Investments

Advertising & MarketingAgritech & FarmingAI & Deep TechBiotechCleanTech & SustainabilityCommunications & MessagingConsumer Goods & ElectronicsData & AnalyticsE-commerce & RetailEducationEnergy & UtilitiesFashion & ApparelFintech & Financial servicesFood & BeverageGamingHardware. Robotics & IoTHealthtech & WellnessHR & RecruitmentLegal & Professional servicesLifestyleMedia, Events & EntertainmentNatural ResourcesOtherPharmaReal Estate & ProptechSecurity & PrivacySocial mediaSoftware & AppsSports & FitnessTransportation & MobilityTravel & TourismVR & ARWeb 3.0

Highlights

$873.8k

Historical average check

$25M

Historical max check

October 2024

Last investment date

104

Investments

E-commerce & Retail

Sports & Fitness

Healthtech & Wellness

Fintech & Financial services

Real Estate & Proptech

Consumer Goods & Electronics

Software & Apps

Pharma

AI & Deep Tech

Hardware. Robotics & IoT

Transportation & Mobility

VR & AR

Other

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Contacts

Website

Detroit.vc

Email

info@detroit.vc

Social

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