# eLab Ventures

eLab Ventures is a Venture Capital based in Ann Arbor, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Ann Arbor, United States
- **Region:** North America
- **Address:** 206 E Huron St., Suite 108, Ann Arbor, MI 48104
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** elabvc.com
- **LinkedIn:** https://www.linkedin.com/company/elabventures

## Regulatory record

- **CRD number:** 336115
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/336115

## About

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.

## Sectors

- AI/ML

## Offices

- 635 Mariners Island Ste 204, San Mateo, CA 94404

## People

- Paul Brown — Managing Director
- Doug Neal — Managing Director
- Bob Stefanski — Managing Director

## Questions

### 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.

## Related profiles

- [Eksim Ventures](https://altss.com/profile/eksim-ventures)
- [Elaghmore Partners](https://altss.com/profile/elaghmore-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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