Entrepreneur Spotlight: Autobooks CEO & Co-Founder, Steve Robert Discusses Company Growth

In February, Detroit-based fintech startup Autobooks announced it raised $10 million in a Series A1 funding round! Investors included Draper Triangle, Baird Capital, Detroit Venture Partners, Invest Detroit and Invest Michigan. Autobooks provides online invoicing, payment and accounting software for the business customers of banks and credit unions. We spoke with Autobooks CEO and Founder, Steve… read more

Here are the Trends that will Gain Momentum in 2018

In 2017, MVCA was thrilled to present the 10th MVCA Annual Research Report, reflecting Michigan’s venture capital community in 2016. We had much to celebrate last year – as shown during the 2017 MVCA Annual Awards Dinner – and all indications point to the long-term vitality of the entrepreneurial community in Michigan. However, findings showed… read more

Autobooks CEO and Co-Founder, Steve Robert Plans for Company Growth in Michigan

Earlier this month, Troy-based startup, Autobooks, closed a Series A funding round led by Draper Triangle with Baird Capital, Detroit Venture Partners, and Invest Michigan. The company expects to double its number of employees and open an office in one of the most popular cities on the rise – Detroit. To learn more about the company’s… read more

Steve Robert

Autobooks Closes $5.5 Million Series A Financing Round

MVCA member Draper Triangle leads Series A financing round with Baird Capital, Detroit Venture Partners, and Invest Michigan. DETROIT, Mich. – Autobooks, a financial technology company that builds cash management tools to help small business owners, announced the closing of a $5.5 million Series A financing round led by Draper Triangle. This investment follows the company’s self-funded… read more

Autobooks

Congratulations, to the New Director of U-M Tech Transfer Venture Center

After a national search, Mike Psarouthakis has been selected as the new director of the U-M Tech Transfer Venture Center.  The Venture Center is responsible for helping to identify, develop and launch new startups based on U-M technologies, and works alongside licensing, legal and marketing specialists within U-M Tech Transfer.    Psarouthakis, who has served… read more

SkySpecs’ Drones Takes Off with $3.0 Series A Funding from Strong Great Lakes Region Syndicate

ANN ARBOR, Mich. – Nov. 9, 2015 – SkySpecs, Inc., an industry leader in drone collision avoidance and provider of an automated drone infrastructure inspection platform, announced today that it raised $3.0 million in a Series A round led by Venture Investors. The Series A round also included new investment from Huron River Ventures, Amherst… read more

Akadeum Life Sciences Closes $1M in Venture Funding

Ann Arbor, Michigan – October 09, 2015 From blood to food to medicine, cells are all around us. However, the current methods of separating those cells from their surroundings for research, diagnostics, and cell therapy–also known as cell sorting–can be time-consuming, costly, and damaging to the cells. To address this, Ann Arbor-based startup Akadeum Life Sciences… read more

Invest Michigan Looks to Create Sustainable Fund for Michigan Entrepreneurs

Invest Michigan will be the Michigan Pre-Seed Fund 2.0 manager and, is set to take advantage of Michigan’s unique entrepreneurial ecosystem, and show that sustainability is the path forward to the state’s vibrant future.