Invest Detroit

Invest Detroit stands as a pivotal non-profit community development financial institution (CDFI) and economic development organization, deeply committed to fostering inclusive growth within the city of Detroit. Operating with a comprehensive strategy, the organization deploys capital and provides strategic support across various sectors, including real estate development, small business lending, and venture capital. Its overarching mission is to revitalize Detroit's economy by creating jobs, supporting local businesses, and enhancing community assets, thereby addressing historical disparities and building a more equitable future for its residents.

A key component of Invest Detroit's venture capital efforts is the Detroit Innovate fund, specifically designed to fuel the growth of early-stage, high-growth technology companies within the city. This fund plays a crucial role in nurturing Detroit's burgeoning startup ecosystem, providing essential seed and early-stage capital to promising ventures. Detroit Innovate actively seeks out and invests in companies that demonstrate strong potential for innovation, scalability, and significant job creation, with a particular emphasis on supporting diverse founders and businesses rooted in the Detroit community.

Invest Detroit's impact extends significantly beyond individual investments. The organization manages multiple funds, with total assets under management exceeding $200 million, demonstrating its substantial financial capacity. Since its inception, Invest Detroit has deployed over $500 million in capital, a figure that has successfully leveraged billions more in private and public investment into Detroit's economy. Specifically, the Detroit Innovate fund has invested over $12 million into more than 30 companies, contributing directly to the development of a vibrant entrepreneurial landscape and solidifying Detroit's position as an emerging hub for innovation and technology.