eLab Ventures

eLab Ventures is a state-registered investment adviser with offices in Ann Arbor, MI. It advises venture capital funds focused on early-stage technology...

Overview

eLab Ventures is a state-registered investment adviser with offices in Ann Arbor, MI. It advises venture capital funds focused on early-stage technology startups. eLab Ventures is affiliated with the University of Michigan.

Website

elabvc.com

linkedin.com/company/elabventures

General information

Firm type

Venture Capital

Year founded

2012

Location

Region

North America

Country

United States

City

Ann Arbor

Corporate office

206 E Huron St., Suite 108, Ann Arbor, MI 48104

Additional offices

635 Mariners Island Ste 204, San Mateo, CA 94404

Principals

Paul Brown

Managing Director

Doug Neal

Managing Director

Bob Stefanski

Managing Director

Sector focus

AI/ML

Who makes investment decisions at eLab Ventures?

The three managing directors — Paul Brown, Doug Neal, and Bob Stefanski — lead the firm. The website presents them as a flat, collegial partnership with no CIO or CEO designation. Associate Paul Stefanski and a roster of four technical advisors support sourcing and diligence.

What is eLab Ventures' investment thesis?

The firm invests only in companies where artificial intelligence is the primary source of competitive advantage. It does not diversify into non-AI verticals. This singular mandate drives its entire portfolio selection and differentiates it from generalist early-stage funds.

Where does eLab Ventures source its deals?

The firm operates from two offices — Ann Arbor, Michigan and San Mateo, California — and sources from both established coastal networks and underrepresented talent pools in the Midwest. Its advisor bench of prominent academic researchers provides additional university and lab-driven deal flow.

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