RPM Ventures

RPM Ventures is a seed and early-stage venture capital firm founded in 2000 and headquartered in Ann Arbor, Michigan, with approximately $750 million in assets under management. The firm is co-founded by Managing Directors Marc Weiser and Tony Grover, both University of Michigan College of Engineering alumni, and has grown to include Managing Director Adam Boyden. RPM's investment approach is partner-driven and relationship-first: every partner contributes expertise to each portfolio company, reflecting a whole-team ethos built by partners who were themselves entrepreneurs before becoming investors. The firm focuses on tech-enabled B2B and B2B2C businesses, online marketplaces and automotive IT -- including connected car, mobility and transportation -- as well as fintech, insurtech and real estate tech. RPM leads rounds and has deployed across 59 tracked investments, producing 2 unicorns, 5 IPOs and 23 acquisitions. Headline portfolio names include SoFi (IPO), Getaround, Hippo and Firefly Aerospace. In October 2024 RPM led Firefly Aerospace's oversubscribed $175 million Series D, and the firm made four new investments in 2024. The most recent disclosed investment was Overalls, a human capital services company, in December 2025. RPM's deep roots in the University of Michigan and Midwest entrepreneurial community, combined with its specific domain expertise in automotive IT and connected mobility, give the firm access to deal flow that generalist funds rarely encounter. The partners' operator backgrounds allow them to engage substantively with technical founders on product strategy, go-to-market and scaling decisions at each stage of a company's development.