
Wakestream Ventures
Description
Wakestream Ventures is an early-stage venture capital fund strategically located in Grand Rapids, Michigan, with a distinct focus on companies operating at the nexus of physical products and internet-driven technologies. The firm actively seeks out innovative startups that are leveraging digital advancements to enhance, distribute, or revolutionize tangible goods. This includes a broad spectrum of ventures, from e-commerce brands with unique physical offerings to companies integrating IoT into consumer products, or those creating new value chains through digital platforms for physical goods.
The fund typically provides initial investments ranging from $250,000 to $1,000,000, positioning itself to support promising early-stage companies as they scale. Wakestream Ventures is particularly interested in businesses demonstrating a clear path to profitability and led by strong, visionary teams capable of executing their growth strategies. Their investment philosophy extends beyond capital provision, aiming to be a strategic partner for their portfolio companies.
Wakestream Ventures' partners bring a wealth of experience to the table, having collectively invested in over 100 companies across various sectors prior to establishing the fund. This extensive background includes a track record of successful exits and public offerings, underscoring their deep understanding of the startup ecosystem and value creation. The firm is committed to fostering innovation within the physical product space, offering not only financial backing but also strategic guidance, operational support, and access to a valuable network to help founders navigate the complexities of building and scaling their ventures.
Investor Profile
Wakestream Ventures has backed more than 68 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 15% of its total and boasts 10 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Health Care, Information Technology.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (43%)
- Series A (25%)
- Series Unknown (12%)
- Series B (10%)
- Convertible Note (7%)
- Angel (3%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Health Care
- Information Technology
- Enterprise Software
- Analytics
- Saas
- Apps
- E-commerce
- Consumer Electronics
- Manufacturing
Frequently Asked Questions
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