# Michigan Capital Network

Michigan Capital Network is a Private Equity based in Grand Rapids, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Grand Rapids, United States
- **Region:** North America
- **Address:** 37 Ottawa Ave NW, Suite 200, Grand Rapids, MI 49503, United States
- **Founded:** 2008
- **Assets under management:** $250M (per firm website, 2026)
- **Website:** michigancapitalnetwork.com
- **LinkedIn:** https://www.linkedin.com/company/bluewater-angels

## About

Michigan Capital Network connects accredited investors with high-potential early-stage companies, offering curated opportunities to support innovation while generating meaningful returns. It is one of Michigan’s most active and most consistent investment organizations, helping innovative individuals transform seed ideas into reality through prompt investment and monitoring. The firm oversees five venture capital funds as well as the largest association of Michigan angel investing groups, and is committed to growing strong entrepreneurs and companies in Michigan and the Midwest region.

## Sectors

- Life Sciences
- Advanced Manufacturing
- AgriTech & FoodTech
- Enterprise Software

## People

- Paul D’Amato — CEO & Founding Partner
- Jody Vanderwel — Founding Partner
- Dale Grogan — Managing Partner
- Meagan Malm — Partner & Director of Operations

## Questions

### How does Michigan Capital Network source proprietary deal flow?

The firm sources primarily through its embedded position in Michigan's entrepreneurial ecosystem. It operates a statewide angel trade association that coordinates multiple regional chapters, most recently adding the Lansing-based Capital Community Angels in February 2026. This network gives it early visibility into companies emerging from Michigan incubators, universities, and startup programs.

### Does Michigan Capital Network participate in fund commitments or only direct deals?

The firm writes checks through both its managed funds and via its angel network's direct investments. Its five-fund platform provides pooled capital for larger rounds, while the angel network enables side-by-side co-investment in earlier-stage opportunities, particularly seed and start-up rounds.

## Related profiles

- [Michigan Capital Advisors](https://altss.com/profile/michigan-capital-advisors)
- [Michigan Economic Development Corporation](https://altss.com/profile/michigan-economic-development-corporation)

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Last updated: 2026-08-11T15:07:26.757Z

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