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Renaissance Venture Capital

Company

Investment-firm

Financing round

General

About Company
The Renaissance Venture Capital Fund is a Michigan-based fund of funds that supports the growth of venture capital in Michigan.

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founded date

01.12.2008

founders

Number of employees

IPO status

Private

Description

The fund, established in 2008, focuses on investing in rounds with four participants and typically deals in the range of $10-50 million. It has a preference for startups in the Medical Device and Service Industry sectors and has invested in companies such as Cirius Therapeutics, Millendo Therapeutics, and ArborMetrix. The fund is more active in exiting investments compared to other organizations and has a higher investment activity in 2017. Startups seeking investment from the fund are usually 2-3 years old, and the fund has no specific preference for the number of founders. Renaissance Venture Capital Fund has successfully built strong working relationships and aims to achieve regional success through investment returns and economic growth.
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Financials

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People

Founders
1
Chris Rizik
Chris Rizik

Chris Rizik

Christopher L. Rizik is the Chief Executive Officer and Fund Manager of the Renaissance Venture Capital Fund. With three decades of experience in technology, finance and law, he has played a principal role in dozens of multi-million dollar venture capital transactions. Prior to forming Renaissance, Chris served as a co-founder, partner, and Board member of Ardesta, LLC, an industry accelerator dedicated to the development of microsystems and other small technologies. Chris also co-founded and served as Managing Director of Avalon Investments, then Michigan’s largest venture capital firm. During his tenure at Avalon and Ardesta, he accepted four consecutive “Deal of the Year” awards from the Michigan Venture Capital Association. Prior to joining Avalon, Chris was a senior partner with Dickinson Wright PLLC, one of the Midwest’s oldest law firms, where he led the firm’s Emerging Company department. He also passed the Certified Public Accounting examination and worked at PriceWaterhouse Coopers. Chris is also the founder of SoulTracks.com, America’s most popular soul music online magazine. Chris currently serves as a member of the Executive Committee and is the Finance Subcommittee Chair of the Michigan Economic Development Corporation (the state’s economic development organization), and chairs the Executive Committee of the high tech accelerator TechTown and the Investment Committee of the innovative First Step Fund. Chris also serves on the Steering Committee of the New Economy Initiative, the National Advisory Board of the University of Michigan Office of Technology Transfer, and boards or advisory boards of Invest Detroit, the Community Foundation of Southeastern Michigan, University of Detroit Jesuit, and several venture capital funds, including the Procter & Gamble-led fund of funds, Cintrifuse. Chris is a 2017 EY Entrepreneur of the Year winner and a past Crain’s Detroit Business magazine “Newsmaker of the Year.”

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Renaissance Venture Capital
Renaissance Venture Capital

Chris Rizik

Employee Profiles
4

Jessica Ives

Chief administrative officer

Vince Nystrom

Vice president business development

Jeffrey Rinvelt

Jeffrey Rinvelt

Principal

Chris Rizik

Chris Rizik

Fund Manager

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