Detroit Venture Partners Press Releases

InvestNext, the technology company that streamlines fundraising, communication and payout for real estate investors, today announced it has closed a seed round of $600,000 to grow its team and online platform.

Today Marxent, the leader in 3D Commerce for the home vertical, announced it has secured Series C financing. The cash infusion will fund strategic value creation opportunities such as international expansion and new product development.

A new restaurant concept that serves on-the-go breadless sandwiches has raised $1.1 million in capital and chosen its first physical location, slated to open in spring 2021. Dec. 4, 2020 [DETROIT] — A new restaurant concept that serves on-the-go breadless sandwiches has raised $1.1 million in capital and chosen its first physical location, slated to […]

There are a lot of unknowns that make engaging customers especially challenging right now. Quikly, a Detroit-based martech company, developed a new product to help consumer-facing brands urgently motivate their customers. Quikly Swap is designed to target key consumer segments and incentivize actions that create acquisition and retention — fast.

Digital Onboarding, Inc., a SaaS technology company that provides a fully automated customer and member engagement platform, announced that it has closed its Series A investment. The round included investments from Detroit Venture Partners and other institutional and individual investors.

Autobooks, a small business payment and accounting services platform, today announced they reached the milestone of partnering with 61 financial institutions across the nation. Autobooks upgrades small business banking for financial institutions of all sizes by transforming existing digital banking channels into an Ecommerce platform for small businesses. To support financial institutions in the product launch, Autobooks powers a full suite of go-to-market services to ensure an effective and efficient deployment.

– New tech-forward distributor of annuities and life insurance launches platform to pay agent commissions within one day of application submission, at no cost – During COVID-19, agents are waiting over 50% longer to receive annuity commissions, according to new data from Signal Advisors – More than just fast commissions, end-to-end platform simplifies licensing & […]

Grand Circus and the Great Lakes Observing System (GLOS) today announced that the two organizations will partner to incorporate live environmental data into the coding academy's training programs. Grand Circus students will now have access to many types of data managed by the Ann Arbor-based binational nonprofit, which collects, manages, and shares key data sets that support science, policy, management, and industry in the Great Lakes.

Guardhat today announced its participation in the Eurofins SAFER@WORKTM program; a collection of testing, tracing, and analysis tools developed to enhance workplace safety measures in accordance with U.S. CDC (Center for Disease Control and Prevention) guidelines.

Sift, the modern people directory on a mission to make work more human, today announced the successful completion of a $3 million Series A round of financing. The investment is led by Detroit-based Rock Holdings and will be used to expand Sift's sales and marketing teams as they respond to rising demand from a marketplace hungry for digital workplace solutions in the wake of COVID-19.

Autobooks, the Detroit-based small business payment and accounting platform, today announced that Missouri-based First Bank has integrated the platform into their digital banking experience. Known for its intuitive user experience and useful digital tools, the Autobooks suite is designed with the small banking customer in mind and provides essential tools to maintain cash flow.

Guardhat today announced a partnership with Oloid to integrate its spatial and geofencing IoT solutions with Oloid's AI-enabled touchless workplace system. The partnership will empower organizations to operate under CDC recommendations for social distancing and elevated body temperature scanning by integrating a highly intuitive platform for workplace contact tracing with an organization's existing systems and hardware.

TCF Bank today announced it has teamed with Detroit fintech company Autobooks to provide an integrated banking experience to its small business customers. Starting today, small business customers of Chemical Bank, a division of TCF National Bank, can enroll in Autobooks at www.ChemicalBank.com/autobooks and within a few moments begin accepting online payments via ACH and Credit Card — with funds deposited directly into their Chemical Bank checking account.

FordDirect and Waymark today announced a partnership that will provide Ford and Lincoln dealerships with free, custom commercials that allow them to quickly reach their audiences with updates on how they are adapting to the COVID-19 pandemic. Additionally, Waymark has designed a series of free COVID-19 response templates for businesses of all sizes in a variety of industries.

Guardhat, a leader in the smart industrial safety industry, today announced that it has partnered with Atlanta-based startup FireHUD, Inc., a provider of biometric monitoring to prevent overexertion on the worksite.

Autobooks, a small business payment and accounting platform built on Microsoft Azure, today announced the launch of a new initiative to encourage small businesses to "Get Paid with Autobooks." This initiative will enable small businesses and nonprofits to enroll directly with Autobooks to receive card and ACH payments online and have those payments deposited directly into their existing account at their financial institution. Additionally, Autobooks is waiving monthly fees for customers using Get Paid through 2020 in light of the unique financial strain COVID-19 has placed on small businesses.

Sift, the modern people directory, today announced that it is offering its enterprise software for free to businesses adapting to remote workplaces amid COVID-19. The Detroit-based workplace collaboration company is launching the "Work Together, Apart" program with an extended six-month free trial.

Grand Circus today announced that it has created a Community Relief scholarship for its coding bootcamp training programs to specifically help community members impacted by the global COVID-19 pandemic.