Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | IT (& TMT) • BioTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Retail (& E-Commerce) • HealthTech (& Fitness) • Medical Devices (& Hospital Services) • SaaS • Investment Management |
Stages | Startup, Early Stage, Expansion, Later Stage, MBO/LBO, Acquisition |
Investing | Canada |
Detroit Venture Partners, LLC (DVP) is a venture capital fund that specializes in providing a combination of debt, equity, and mezzanine financing to startups and companies at various stages of their growth. Based in the heart of Detroit, Michigan, DVP is focused on building a robust entrepreneurial ecosystem in their region by investing in innovative companies across a multitude of industries, including IT, BioTech, Business Solutions, FinTech, Hardware Manufacturing, Retail E-Commerce, HealthTech Fitness, Medical Devices Hospital Services, SaaS, and Investment Management. Since its inception in 2010 by Dan Gilbert, the founder and chairman of Rocket Companies, DVP has been committed to fostering the growth of early-stage tech companies that drive progress forward. DVP takes pride in partnering with visionary founders to help their portfolio companies flourish, leveraging synergies with the more than 90 companies within the Rock Family of Companies. The fund's investment expertise encompasses stages from startup to Later Stage, MBO/LBO, and Acquisition. Alongside financial investment, DVP brings to the table the heart and hustle that Detroit's long history of innovation embodies. Their team includes partners and venture partners who come from diverse backgrounds and bring varied expertise, all unified by the mission to support and scale companies that contribute positively to the world. With a hands-on approach, DVP works closely with its portfolio businesses, offering strategic guidance and operational support as needed, ultimately striving to create a positive impact on the economic landscape of Detroit and beyond.