GRAND RAPIDS – In Michigan Venture Capital has been on a slow and steady rise. Now, experienced investor Tim Streit of Huron River Ventures along with McKeel Hagerty an entrepreneur and investor, launched the newest VC firm Grand Ventures.
Previously Streit co-founded Huron River Ventures, which raised $16 million and invested in leading technology companies including Ambiq Micro and FarmLogs. Its portfolio has raised more than $200 million in follow-on funding from some of the nation’s top venture capital funds. McKeel started his company Hagerty Insurance with just 30 employees and now has more than 840 employees worldwide measuring a growth resulting in total insured value coverage in excess of $36 billion. Together the two co-founders of Grand Ventures aim to provide capital and strategic support to entrepreneurs starting high impact technology companies in industries with a strong presence in the Midwest.
We got to chat with them both to learn more on their goals and vision for Grand Ventures.
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