Private Equity

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Genesis Innovation Group

Genesis Innovation Group is a U.S.-based medical device development firm that takes concepts from ideation to commercialization. It brings ingenuity,...

Genesis Innovation Group logo

Genesis Innovation Group

Genesis Innovation Group is a U.S.-based medical device development firm that takes concepts from ideation to commercialization. It brings ingenuity, collaborative partnership, and trusted expertise to guide innovators seeking to make an impact in the medical device marketplace. The firm offers a complete platform of medical device development services spanning ideation and engineering, business and finance, manufacturing, regulatory and quality, and market strategy and commercialization.

General information

Firm type

Private Equity

Year founded

2013

Location

Region

North America

Country

United States

City

Grand Rapids

Corporate office

Grand Rapids, MI, United States

Principals

Chance Leonard

Chief Executive Officer

Sector focus

Medical devices

Frequently asked questions

What investment stages does Genesis Innovation Group target?

The firm focuses on early-stage companies, specifically at the seed and start-up phases. This involves providing initial institutional capital to help founders move from proof-of-concept to their first commercial production runs. The strategy is designed to capture applied technology companies before they reach traditional Series A venture funds.

Where does Genesis Innovation Group source its deals?

The firm's deal flow is heavily concentrated in the Great Lakes manufacturing corridor, with a particular emphasis on the Grand Rapids and broader Michigan industrial base. Sourcing channels include university research labs, regional incubators, and direct founder relationships within the Midwest's advanced manufacturing ecosystem.

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