The MVCA Annual Research Reports provide relevant data regarding Michigan's venture capital industry.
We are pleased to present the 10th MVCA Annual Research Report, reflecting Michigan’s venture capital community in 2016. This year also marks the 15th anniversary of the Michigan Venture Capital Association and we’ve never been prouder to represent the 33 venture firms in Michigan, all of whom are willing to take chances on tomorrow’s big ideas today. Our members clearly reflect optimism, reporting almost unanimous confidence in Michigan’s entrepreneurial and investment community and their ability to find and retain top talent here. To learn more about how venture investors feel about the Michigan market, MVCA conducted its first Partners Survey, the results of which are included in the report.Download the Report
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Key Findings
33 Venture Capital Firms
$4B Total Capital Under Management
93 Venture Capital Professionals
$568M Venture Capital Available for New Startups
Every $1Invested in a Michigan Startup by a Michigan-Based Venture Capital Firm Attracts $4.61 of Investment from Outside of Michigan
141 Venture-Backed Companies in Michigan
343 Venture Capital Firms from Outside of Michigan have Invested in Startups in Michigan
$222M Venture Capital Invested in 54 Michigan Startups in 2016