Investments
101Portfolio Exits
13Funds
3About Grand Angels
Grand Angels is focused on investing in companies that enhance the economic development of West Michigan. The group invests in businesses located in Michigan, with a preference for those located in Kent, Ottawa and Muskegon counties.
Want to inform investors similar to Grand Angels about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Grand Angels News
Feb 27, 2023
Vanderwel's 'solid leadership' propels Grand Angels, West Michigan ...- MiBiz: West Michigan Business News Not a member yet? Free Membership for Qualified Investors and Industry Participants Easily Customize Content to Match Your Investment Preferences Breaking News 24/7/365 Alternative Investment Listings & LeaderBoards Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets,Presentations, Investment Mandates, Video PitchBooks & More! Company Directory AUM Accelerator Program (designed for investment managers) Over 450K+ Industry Headlines, Posts and Updates ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN.PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THIS IS NOT A SOLICITATION FOR INVESTMENT.THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY.IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM.PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT. ALPHAMAVEN
Grand Angels Investments
101 Investments
Grand Angels has made 101 investments. Their latest investment was in Micro-LAM as part of their Series B on November 11, 2019.
Grand Angels Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/5/2019 | Series B | Micro-LAM | $2.48M | Yes | 2 | |
7/22/2019 | Series A | Ocuphire Pharma | $5M | Yes | 10 | |
2/8/2017 | Series B | HistoSonics | $8.26M | No | 2 | |
8/30/2016 | Series B | |||||
8/2/2016 | Series A - III |
Date | 11/5/2019 | 7/22/2019 | 2/8/2017 | 8/30/2016 | 8/2/2016 |
|---|---|---|---|---|---|
Round | Series B | Series A | Series B | Series B | Series A - III |
Company | Micro-LAM | Ocuphire Pharma | HistoSonics | ||
Amount | $2.48M | $5M | $8.26M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 10 | 2 |
Grand Angels Portfolio Exits
13 Portfolio Exits
Grand Angels has 13 portfolio exits. Their latest portfolio exit was VNN on March 02, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/2/2022 | Merger | 1 | |||
7/9/2020 | Acquired | 1 | |||
6/18/2020 | Reverse Merger | 3 | |||
Date | 3/2/2022 | 7/9/2020 | 6/18/2020 | ||
|---|---|---|---|---|---|
Exit | Merger | Acquired | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 | 3 |
Grand Angels Fund History
3 Fund Histories
Grand Angels has 3 funds, including Grand Angels Venture Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/31/2019 | Grand Angels Venture Fund III | Early-Stage Venture Capital | Open | $11.7M | 3 |
12/31/2014 | Grand Angels Venture Fund II | ||||
Grand Angels-Blue Medora |
Closing Date | 12/31/2019 | 12/31/2014 | |
|---|---|---|---|
Fund | Grand Angels Venture Fund III | Grand Angels Venture Fund II | Grand Angels-Blue Medora |
Fund Type | Early-Stage Venture Capital | ||
Status | Open | ||
Amount | $11.7M | ||
Sources | 3 |
Grand Angels Team
5 Team Members
Grand Angels has 5 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Michael J Jandernoa | Founder | Current | |
Name | Michael J Jandernoa | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
