Investment Details
Investor Type
Private Investment Firm
Asset Class Focus
Venture Capital, Private Equity
Stage Focus
Seed, Early Stage, Growth, Late Stage
Geographical Focus
United States
Industries Focus
- Technology
- Healthcare
- Media
- Business Services
- Consumer Products
- Life Sciences
- Information Technology
- Mobility
- Alternative Energy
- Advanced Materials & Manufacturing
Investment Size:
250,000 to 5,000,000 USD
Investor Details
Wakestream Ventures is a private investment firm based in Grand Rapids, Michigan, focusing on early-stage financing across a diverse range of industries in the United States. The firm primarily invests in sectors such as technology, healthcare, consumer products, mobility, media, advanced materials and manufacturing, business services, alternative energy, life sciences, and information technology. Wakestream Ventures is actively investing and manages assets under management totaling $44 million. The firm's investment stages include seed, early stage, growth, and late stage, with preferred initial investments ranging from $250,000 to $5 million. The firm is led by Chief Investment Officer Mike DeVries, who brings over 30 years of experience in both operating and investing in early-stage companies. Prior to joining Wakestream Ventures, DeVries served as President and CEO of A-Med Systems, a California-based cardiac device company, and held positions at Medtronic's venture organization focused on cardiac surgery technology. He also served on the management team at DLP, a Michigan-based cardiac device company acquired by Medtronic. DeVries holds an MBA from Grand Valley State University and a BA from Calvin College. Under his leadership, Wakestream Ventures continues to support and guide startups through the process of capitalizing and growing their businesses. The firm's portfolio includes companies across various sectors, reflecting its commitment to fostering innovation and growth in diverse industries. Wakestream Ventures operates with a focus on leveraging the Midwest's expertise in manufacturing and global enterprise, backing founders working where physical products converge with the Internet. The firm is actively investing and continues to seek opportunities to support early-stage companies in their growth and development.
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