Grand Ventures

Grand Ventures is an early-stage venture capital firm headquartered in Grand Rapids, Michigan, with a focused investment strategy targeting B2B SaaS companies. The firm primarily invests in seed-stage businesses located in emerging regions across the United States and Canada, aiming to capitalize on innovation outside traditional tech hubs. Their investment thesis centers on supporting companies that leverage software to solve critical business challenges, spanning various sectors within the B2B landscape, including areas like supply chain, logistics, and healthcare technology.

The firm manages two distinct funds, demonstrating a growing commitment to the early-stage ecosystem. Grand Ventures closed its inaugural Fund I in 2018, raising $20 million to deploy into promising startups. Building on this initial success, they subsequently closed Fund II in 2022, significantly expanding their capital base with $50 million. This combined capital of $70 million allows Grand Ventures to provide substantial support to its portfolio companies, not only through initial investments but also by reserving capital for follow-on rounds as companies scale.

Grand Ventures typically provides initial investments ranging from $500,000 to $2 million. This targeted check size aligns with the needs of seed-stage B2B SaaS companies, helping them achieve key milestones such as product development, market validation, and early customer acquisition. The firm emphasizes a hands-on approach, leveraging its team's operational experience to assist founders in navigating the complexities of early-stage growth. Their portfolio reflects a diverse array of B2B SaaS solutions, underscoring their broad applicability within the enterprise software domain.