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Grand Ventures
Grand Ventures is a Grand Rapids-based venture firm led by Tim Streit, investing in early-stage enterprise software, fintech, and industrial technology…
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Grand Rapids
Corporate office
Grand Rapids, MI, United States
Principals
Tim Streit
Managing Partner
Nathan Owen
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Grand Ventures?
Investment decisions are led by Managing Partner Tim Streit, a veteran of the Midwest venture and startup ecosystem. Managing Director Nathan Owen also plays a key role in sourcing and portfolio management. The firm maintains a flat decision-making structure typical of small venture partnerships, where partners directly vet and sponsor each deal.
What investment stages does Grand Ventures typically target?
Grand Ventures targets early-stage and growth-stage rounds, with the majority of its activity concentrated at seed and Series A. The firm will also participate in later-stage rounds for existing portfolio companies. Its check sizes are not publicly disclosed but are consistent with a lead or co-lead role in regional early-stage deals.
Is Grand Ventures focused exclusively on the Midwest?
The firm's core thesis centers on the Midwest — particularly Michigan, Illinois, Ohio, and Indiana — but it also invests nationally when a deal aligns with its sector focus. Its Midwest orientation reflects a structural belief that the region's industrial and logistics base produces undervalued enterprise technology companies compared to coastal markets.
Which sectors does Grand Ventures explicitly avoid?
Grand Ventures has not publicly enumerated excluded sectors, but its portfolio pattern shows no involvement in consumer social media, direct-to-consumer brands, hardware-intensive deep tech, or biopharmaceuticals. The firm concentrates on B2B software and technology-enabled services where enterprise sales cycles and go-to-market execution are the primary value drivers.
Does Grand Ventures participate in fund commitments or only direct deals?
The firm operates as a direct venture investor and does not publicly market a fund-of-funds program. Its strategy centers on building a concentrated portfolio of direct equity positions where the partners can actively support portfolio companies on board-level strategic decisions and executive hiring.
How does Grand Ventures source proprietary deal flow?
Grand Ventures sources deals through a network of regional universities, Midwestern family offices, and the industrial and manufacturing corridors that define the Great Lakes economy. Managing Partner Tim Streit's long tenure in the Michigan startup community also generates inbound referrals from founders and angel investors who operate outside the coastal venture circuit.
What is Grand Ventures' known posture on co-investments alongside external GPs?
Grand Ventures regularly co-invests with larger coastal funds that seek regional expertise in Midwest-based rounds. The firm serves as a bridge for coastal investors entering deals in markets where Grand Ventures has deeper on-the-ground relationships, and publicly-documented syndicates include both well-known national firms and regional co-investors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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