The startup picture in Ann Arbor

Outside financing is substantial: 362 tracked companies have raised money. Censys's $40 million Series D and HistoSonics's $250 million financing show that Ann Arbor can produce large rounds, particularly around cybersecurity and biomedical innovation.

Startups in Ann Arbor - Funding, Founders & Investors

Everything startup in one place: who's building, how the landscape clusters, the people and investors behind it, and whether the capital is real.

Compendia Bioscience

Global Life Sciences Innovation Platform

est. 2006 · 75,000 staff · raised outside money

Marc Casper — CEO & President · Bachelor's degree, Finance Wesleyan

Alex Bradley — Senior Director

Domino's Pizza

Global Pizza Delivery with AI-Optimized Logistics

est. 1960 · 11,200 staff · raised outside money

Frederico Autran — Owner

Patrick Doyle — Ex-CEO & President

Cabinetworks

Provider of kitchen designing and installation services

est. 2020 · 8,000 staff · raised outside money

John Barkhouse — CEO · Master of Business Administration Bradley University

Truck Hero

Truck Hero: Custom Truck Accessories for Functionality and Style

est. 2007 · 5,000 staff · raised outside money

William Reminder — CEO & President · Bachelor of Business Administration Eastern Michigan University

Merative

Provider of healthcare data and analytics platform for the health industry

est. 2022 · 3,000 staff · raised outside money

Gerry Mccarthy — CEO and Board Director

ProQuest

Advanced Scholarly Database Management

est. 2008 · 2,133 staff · raised outside money

Renat Nasibullin — Ceo

Home Point Financial

Sustainable Homeownership Mortgage Platform

est. 2007 · 1,820 staff · raised outside money

Willie Newman — CEO & President · BBA University of Michigan

ForeSee

Customer Experience Intelligence Platform

est. 2001 · 1,214 staff · raised outside money

Pete Daffern — CEO

Ubiquiti

Provider of an NLP-based solution to extract information from datasets

est. 2000 · 1,059 staff · raised outside money

Nandit Soparkar — Co-Founder & CEO

Keith Thompson — Co-Founder & CTO

Car and Driver

Digital Expansion of Automotive Media Brand

est. 1955 · 685 staff · raised outside money

Greg Sinclair — CEO

Duo

Cloud-based Internet Security Platform

est. 2010 · 640 staff · raised outside money

Dug Song — Co-Founder & CEO · BS University of Michigan

Jon Oberheide — Co-Founder

Coupa

Supply Chain Analytics Platform for Demand Forecasting

est. 1998 · 510 staff · raised outside money

Toby Brzoznowski — Ex-Co-Founder · BA University of Michigan

Razat Gaurav — Ex-CEO

University Bank

University Bank Community Banking

est. 1986 · 496 staff · raised outside money

Stephen Ranzini — CEO & President

Kaydon

Custom Bearing Solutions for Industrial Applications

est. 1983 · 370 staff · raised outside money

Tom Johnstone — CEO & President

Cayman Chem

Biotech Kit Supplier with Preclinical Discovery

est. 1980 · 309 staff · raised outside money

Kirk Maxey — Owner

SkySpecs

Renewable energy asset management and optimization.

est. 2012 · 289 staff · raised outside money

Samuel DeBruin — Co-Founder · BSE University of Michigan

Thomas Brady — Co-Founder & CTO

Arbortext

Provider of AR/VR based digital transformation services

est. 1988 · 250 staff · raised outside money

Jim Heppelmann — CEO

Esperion Therapeutics

Oral Non-Statin LDL-C Therapy

est. 1998 · 240 staff · raised outside money

Timothy Mayleben — CEO

C3 Industries

Manufacturer of legal medical & recreational cannabis products

est. 2016 · 214 staff · raised outside money

Ankur Rungta — Co-Founder & CEO · University of Michigan

Vishal Rungta — Co-Founder, President, Board Member

Abita Healthcare

Developer of an AI-based practise management software for dental clinics

est. 2018 · 199 staff · raised outside money

Hitesh Kakrani — Co-Founder

Jatin Kakrani — Co-Founder

May Mobility

Developer of autonomous vehicle technology using multi-policy decision-making artificial intelligence

est. 2017 · 196 staff · raised outside money

Edwin Olson — Co-Founder & CEO

FAAC

FAAC Incorporated: Tech-Enabled Weapon Simulation Training

est. 1971 · 175 staff · raised outside money

Kurt Flosky — CEO & President

DaySmart

Spa Management SaaS Platform

est. 1999 · 172 staff · raised outside money

Chris Jackson — Co-Founder & VP

Mark Jackson — Co-Founder & President · Masters - Eccs Wayne State University

LynxDx

Standalone prostate cancer screening & covid testing center

est. 2015 · 156 staff · raised outside money

Arul Chinnaiyan — Founder

cluster · 325 companies

Business Services

23 founded since 2018 · 17 funded

Sub-themes

marketing services · 66it services · 54management consulting services · 34hr services · 24legal services · 22services for nonprofits · 18

e.g. University of Michigan College of Engineering, NSF, second to none

cluster · 228 companies

Enterprise Applications

34 founded since 2018 · 48 funded

Sub-themes

saas · 59enterprise software · 58hrtech · 38marketingtech · 34manufacturing tech · 20healthcare it · 17

e.g. ForeSee, Ubiquiti, LearnDash

cluster · 202 companies

Healthcare

16 founded since 2018 · 21 funded

Sub-themes

rehabilitation and long-term care · 32clinic chains · 28services for healthcare providers · 21biopharma outsourcing · 18fitness and wellness centers · 12healthcare foundations · 10

e.g. Michigan Medicine, IHA, Terumocv

cluster · 186 companies

Consumer

29 founded since 2018 · 27 funded

Sub-themes

b2c e-commerce · 40sports services · 24professional consumer services · 20logistics tech · 16social platforms · 14sports tech · 14

e.g. BELFOR Franchise Group, Borders, Molly Maid USA

cluster · 135 companies

Healthtech

40 founded since 2018 · 47 funded

Sub-themes

healthcare it · 71life sciences tech · 18disease self management · 15fitness & wellness tech · 13enterprise software · 11online health information · 10

e.g. Compendia Bioscience, Truven Health, Merative

cluster · 113 companies

Life Sciences

11 founded since 2018 · 66 funded

Sub-themes

life sciences platforms and tools · 26genomics · 23life sciences tech · 18oncology · 13cardiac and vascular disorders · 10healthcare it · 8

e.g. Compendia Bioscience, Truven Health, Terumo Cardiovascular Group

cluster · 106 companies

Education

4 founded since 2018 · 7 funded

Sub-themes

higher education institutions · 39educational support services · 23continuing education centres · 15k-12 schools · 8academic tutoring · 5educational publishers · 4

e.g. University of Michigan Medical School, washtenaw community college, Ann Arbor Public Schools

cluster · 106 companies

Financial Services

5 founded since 2018 · 9 funded

Sub-themes

asset management · 25finance & accounting services · 18services for investment industry · 15consumer and sme loans · 9banks · 9insurance carriers · 8

e.g. Home Point Financial, Homepoint, Gold Star Mortgage Financial

cluster · 97 companies

Real Estate And Construction

4 founded since 2018 · 5 funded

Sub-themes

real estate brokers · 15real estate & infrastructure developers · 14architects · 14property management services · 13interior designers · 12building materials · 7

e.g. Cabinetworks, Masco Cabinetry, Reinhart Realtors

cluster · 96 companies

High Tech

23 founded since 2018 · 45 funded

Sub-themes

deep tech · 16artificial intelligence · 9drones · 7iot applications · 7internet of things infrastructure · 7logistics tech · 7

e.g. Ubiquiti, Coupa, SkySpecs

Founder & Background	Role	Company
Marc Casper CEO & President-Invitrogen,Thermo Fisher Scientific \| Ex-KENDRO LABORATORY PRODUCTS,DADE BEHRING \| Wesleyan University,Harvard Bus	CEO & President	Compendia Bioscience
John Barkhouse Ex-Clarios, Brookfield Asset Management, Newalta, Bredero Shaw, Irving Shipbuilding, Caterpillar, Perkins Engines. Bradley Univers	CEO	Cabinetworks
William Reminder Bachelor of Business Administration Eastern Michigan University	CEO & President	Truck Hero
Gerry Mccarthy Merative, ex-Esolutions, ex-Transunion, Marquette University, 1991	CEO and Board Director	Merative
Renat Nasibullin Proquest, Казанский государственный финансово-экономический институт (КГФЭИ)	Ceo	ProQuest
Willie Newman Ex-Cole Taylor Bank, ABN AMRO Mortgage Group. University of Michigan BBA 1986, Wayne State University MBA 1989	CEO & President	Home Point Financial
Pete Daffern Jiminny, ex-Unily, ex-Eloomi, Sheffield University, 1988	CEO	ForeSee
Nandit Soparkar Ex- AT&T Bell Laboratories, IBM TJ Watson Research Center. Indian Institute of Technology B.Tech, University of Texas MS & PhD.	Co-Founder & CEO	Ubiquiti
Keith Thompson Ex-Ford Motor Company. University of Illinois BS, Stanford University MS & PhD, University of Michigan MS.	Co-Founder & CTO	Ubiquiti
Dug Song Cisco, ex-Founder-monkey, Zattoo, Pinoccio. University of Michigan BS 1997	Co-Founder & CEO	Duo
Jon Oberheide Ex-Arbor Networks, Merit Network. University of Michigan 2006, 2008 & PhD 2010	Co-Founder	Duo
Toby Brzoznowski Ex-170 Systems, PTC, Perceptron. University of Michigan BA 1993	Ex-Co-Founder	Coupa
Razat Gaurav Ex-Advisory RG, JDA Software, i2 Technologies, Ernst & Young. Illinois Institute of Technology BS	Ex-CEO	Coupa
Tom Johnstone CEO SKF.	CEO & President	Kaydon
Kirk Maxey Resonance Pharma, university of Michigan, 1985	Owner	Cayman Chem
Samuel DeBruin Ex-Endectra. University of Michigan BSE 2012	Co-Founder	SkySpecs
Thomas Brady university of Michigan	Co-Founder & CTO	SkySpecs
Daniel Ellis University of Michigan M.S.E., Aerospace Engineering 2013 \| University of Michigan B.S.E., Aerospace Engineering 2010	Co-Founder & CEO	SkySpecs
Jim Heppelmann PTC, Sensata. University of Minnesota BS	CEO	Arbortext
Timothy Mayleben Also - Director, Marinus Pharmaceuticals; Ex-DeNovo Sciences, Aastrom Biosciences, NightHawk Radiology Services	CEO	Esperion Therapeutics

backgrounds shown where available

314 investors are on record backing Ann Arbor companies. The most committed:

Most active — backed 2+ companies

ID Ventures

HHS

Invest Detroit

Arboretum Ventures

National Science Foundation

Michigan Angel Fund

3Alpha Wave Global

3Goldman Sachs

3Michigan Founders Fund

3Venture Investors

3HRV

3Invest Michigan

Institutional

ID Ventures · VC fundInvest Detroit · VC fundArboretum Ventures · VC fundMichigan Founders Fund · VC fundVenture Investors · VC fundHRV · VC fundInvest Michigan · VC fundNorth Coast Technology Investors · VC fundWolverine Venture Fund · VC fundeLab Ventures · VC fundMercury Fund · VC fundInvestor Growth Capital · VC fundGoogle Ventures · VC fundResonant Venture Partners · VC fund+ 139 more

Private & corporate backers

HHSNational Science FoundationMichigan Angel FundAlpha Wave GlobalGoldman SachsRenaissance Venture Capital FundLead Edge CapitalBroadoak Capital PartnersMichigan Economic DevelopmentSwapnil Mehta+ 151 more

hover a name to see who they backed

Funded startups — peer cities

Madison

439

Ann Arbor

362

130Bloomington

101Champaign

46East Lansing

34Michigan

11Indiana

0Wisconsin

0Illinois

Companies that have raised

Company	Industry	Rounds	Latest Round	Founded
Bank of Ann Arbor	banking	1	2021-11	1996
MediaSpan Group	computer software	2	2003-04	1968
Optilogic	business/productivity software	2	2023-10	2012
Upkara	biotechnology	2	2023-05	2014
Kumanu	computer software	6	2024-09	2015
FAAC	computer software	1	2018-09	1971
Ecovia Renewables	biotechnology	5	2023-03	2014
Aquaro Histology	biotechnology	1	2017-11	2013
Blackbird Mezz Lender	financial services	1	2024-01
Huron Valley Financial	financial services	1	2016-07	1997
Estrakon	marketing and advertising	1	2011-08	2003
Reveal Design Automation	semiconductors	3	2016-03	2009
ContentOro	marketing and advertising	1	2015-06	2014
Scoutforce	sports	1	2011-05	2008
PROMISEVISION 3D	medical devices	2	2018-02	2009
HALO Chest Seal	medical devices	1	2012-02
Pott Farms	farming	1	2019-02	2015
Gwydion	computer software	1	2017-07	2015
TwoScoreTwo	information technology and services	1	2017-07	2016
Ann Arbor SPARK	venture capital & private equity	31	2011-08	2005
MI Bioresearch	biotechnology	4	2014-12	2003
One More Game	computer games	1	2022-10	2022
PathwaysGI	mental health care	1	2023-03	2022
284 Partners	financial services	1	—	2010
3D Biomatrix	biotechnology	0	2013-07	2009

round amounts sparse for tier-3 cities — counts shown, dollar totals withheld

Company	Industry	Founded	Employees
Arbor Awning	construction	2026	—
Subaru Of Ann Arbor	automotive	2026	—
MeetMatch	computer software	2026	—
Arbor Halides	oil & energy	2025	—
Baker Calling	electrical/electronic manufacturing	2025	—
Stellar Options	financial services	2025	—
Suetra	hospital & health care	2025	—
Treetown AI	e-learning	2025	—
EGI Battery	electrical/electronic manufacturing	2025	—
Waizy.Pro	information technology and services	2025	—
NeuralLens	computer software	2024	—
SaferDrive AI	computer software	2024	—
88 Tabs	health, wellness and fitness	2024	—
Ann Arbor Community Land Trust	non-profit organization management	2024	—
Ann Arbor Tree Service	consumer services	2024	—
Arbor Dog Daycare	consumer services	2024	—
Municipal.report	information technology and services	2024	—
Student Athlete Score	sports	2024	—
M12 Planner	information technology and services	2024	—
MaxCare AI	hospital & health care	2024	—

The startup picture in Ann Arbor

Compendia Bioscience

Domino's Pizza

Cabinetworks

Truck Hero

Merative

ProQuest

Home Point Financial

ForeSee

Ubiquiti

Car and Driver

Duo

Coupa

University Bank

Kaydon

Cayman Chem

SkySpecs

Arbortext

Esperion Therapeutics

C3 Industries

Abita Healthcare

May Mobility

FAAC

DaySmart

LynxDx

Business Services

Enterprise Applications

Healthcare

Consumer

Healthtech

Life Sciences

Education

Financial Services

Real Estate And Construction

High Tech

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