Grand Ventures’ 2022 Year in Review
As a firm, we are excited to share some highlights from this past year.
Portfolio Company Funding: In 2022, Grand Ventures’ portfolio companies raised $310 million across 9 different funding rounds, ranging from Seed to Series C. The average round size was $34 million.
Team Growth: To support the growth of Grand Ventures over the past year, we added three new faces to the team in 2022 including:
- Kelly Wiarda, Marketing & Operations Lead
- Erica Klenz, Investment Analyst
- Nick Cohn, Investment Analyst
New Investments: We added five new companies to our portfolio this year including:
- Carputty, a completely re-engineered financing process for vehicles.
- iink Payments, a digital payments network for multi-party property insurance claims.
- medZERO- an employer-sponsored wellness platform for healthcare.
- Paccurate- smart cartonization software for efficient shippers.
- Payload- headless CMS and application framework.
Recognitions: General Partner Camila Noordeloos received recognition for her achievements as:
- Business Insiders’ 39 Most Important VCs in the Midwest, according to other VCs
- Kauffman Fellows’ Class Class 27
New Co-Investors: With each of our new investments, we welcomed new co-investors to our GV community including:
In The News: A few notable articles from 2022 that feature Grand Ventures:
- Business Insider: 39 Most Important VCs in the Midwest, according to other VCs — featuring Camila
- Forbes: Carputty Wins Investor Millions To Dull Auto Financing Pain Points featuring Grand Ventures
- Grand Rapids Business Journal: Grand Ventures Invests in Digital Payment Platform featuring Tim Streit
- Grand Rapids Business Journal: Grand Ventures Invests in Content Management Platform featuring Nathan Owen
- MiBiz: VC fund leads $3M investment in platform that expedites property insurance claim payments featuring Tim Streit
- The Spencer Covey Show: featuring Tim Streit
- What are You Doing? Podcast: Leadership Advice from Nathan Owen
Conclusion: As we wrap up 2022, we are already deep into planning for 2023. We’re incredibly grateful for our growing team and portfolio. 2022 has been a busy year for us, and we look forward to new opportunities in the coming year.
