IncWell

IncWell is a private venture capital firm that focuses on investing in seed and early-stage technology companies. Their mission is to grow great ideas into great businesses by providing funding opportunities and strategic business support to entrepreneurs and teams they believe in. The firm offers seed stage investments to startups in sectors such as clean energy technology, medical technology, healthcare, transportation technology, and information technology, including software and consumer electronics. Investments typically range from $100,000 to $250,000.

In addition to financial backing, IncWell provides startup consulting through mentorships and introductions to strategic partners. The firm was founded in May 2013 by Tom LaSorda, former CEO of Chrysler LLC and Fisker Automotive. Other limited partners include Roger Penske, owner of the Penske Corporation, Ted Fuller, a real estate developer in Birmingham, MI, John Melstrom, a partner at Fenner Melstrom & Dooling PLC for 45 years, Wayne Sales, former CEO of Canadian Tire, and Stephen Polk, former CEO of R.L. Polk & Co. The firm is headquartered in Birmingham, Michigan, United States.

IncWell's investment strategy emphasizes supporting U.S. and Canadian startup companies that present breakthrough or disruptive technologies backed by strong leadership. The firm is actively investing and has a preferred initial investment size of $250,000. Their portfolio includes companies in various sectors, reflecting a diverse approach to fostering innovation and growth in the technology industry.