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Wakestream Ventures

Company

Investment-firm

Financing round

General

About Company
Wakestream Ventures is an early stage fund that invests in founders working with physical products converging with the internet.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Start Garden, SG Fund LLC, SG Fund II LLC, WSV Fund III LLC

founded date

01.04.2016

founders

Number of employees

IPO status

Private

Description

Based in Grand Rapids, Michigan, Wakestream Ventures is an early-stage venture capital firm that specializes in investing in startups that work with physical products and emerging technologies. With a focus on the IoT and technical physical product space, Wakestream Ventures leverages the region's rich history in innovation, industrial design, and manufacturing to provide a unique advantage to their portfolio companies. The firm offers deal sizes ranging from $150K to $500K in initial investment size, with follow-on commitments for 2nd and 3rd rounds up to $1.5M cumulative. Wakestream Ventures considers themselves an early-stage generalist fund that seeks to back founders with innovative ideas and the drive to bring them to market.
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People

Founders
1
Rick DeVos
Rick DeVos

Rick DeVos

Rick DeVos is an entrepreneur. With a past in successful (and unsuccessful) startups, investment, and a fascination with platforms that people can use their creativity to create value, he founded Start Garden. Rick’s projects include Spout.com, The Common, Momentum, ArtPrize, and 5×5 Night. Rick graduated from Calvin College in 2004 with a degree in Communication and currently serves on the Board of Directors for the Grand Rapids Art Museum and Urban Institute for Contemporary Art. You can find Rick flying a helicopter (no lie), singing karaoke with friends, or capturing photos on his travels. Rick resides in Ada with his wife, Melissa, their 2 daughters, and their dog.

current job

Wakestream Ventures
Wakestream Ventures

organization founded

5

Rick DeVos

Employee Profiles
6
Rick DeVos

Rick DeVos

Partner

Joseph Lampen

Joseph Lampen

Finance Director

Benjamin Gott

Benjamin Gott

Entrepreneur in Residence

Mike Morin

Mike Morin

Investment Partner

Kim Pasquino

Kim Pasquino

Partner

Mike DeVries

Mike DeVries

Chief Investment Officer

Activity

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