Investor Type | Firm |
Type of Fund | Angel network |
Industries | Other • Education • Hardware (& Manufacturing) • Retail (& E-Commerce) • Entertainment (& Sports) • CleanTech • A.I. (& Big Data) • Gaming (& eSports) • Food & Beverage • Medical Devices (& Hospital Services) • DeepTech • Healthcare (& Wellness) • Investment Management • Life Science • Mobility • Consumer |
Stages | Early, Pre-seed, Seed |
Investing | United States • Netherlands |
Investment Range | $250,000 - $1,000,000 |
Grand Angels is an angel group based in Grand Rapids, Michigan that specializes in early-stage investments. They operate as a part of the Michigan Capital Network, with a focus on fostering growth within Michigan's economy through their financial commitments and support. Grand Angels positions itself as not just a source of funding but also as a guiding hand for entrepreneurs, providing mentoring, strategic advice, and valuable networks and connections. Their investment interests are diverse, encompassing sectors such as B2B technology, advanced manufacturing, advanced agriculture technology, life science, and more. Moreover, they extend their operations to several other angel groups, namely Ka-zoo Angels, Woodward Angels, Flint Angels, and Bluewater Angels, indicating a broad spectrum of regional engagement. The firm curates a portfolio of investments across various industries, emphasizing their specialty in equity investment with a limit range of $250,000 to $1,000,000. Their early stage focus typically includes the Pre-seed and Seed stages, reflecting their commitment to nurturing businesses from the ground up. Grand Angels was founded by former Grand Bank founder and CEO Charles C. Stoddard alongside serial entrepreneur Craig T. Hall, indicative of roots in both financial services and entrepreneurship. Their monthly meetings not only serve as a platform for reviewing investment opportunities but also for educational workshops and networking sessions, demonstrating their role in community and skill development. To ensure robust oversight and strategic direction, individuals such as Meagan Malm, a notable alumnus of the University of Michigan's Ross School of Business, have been appointed in leadership roles, further illustrating their emphasis on attracting top talent and expertise to manage the portfolio and drive success in their investments.