🦊/Investors

CANTILEVER INVESTORS

Venture capital

Ann Arbor · Pre-Seed–Series A · 15 people tracked

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1 people in our graph share verified history with the CANTILEVER INVESTORS team — schools, employers, funds. One of them is your warm intro.

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Investment thesis

Cantilever Investors focuses on discovering early-stage technologies with compelling commercial opportunities. The fund leads and participates in pre-seed, seed, and early Series A rounds, favoring companies with multiple exit paths. It emphasizes hands-on involvement, frequently collaborating with founders for months or years before investing and taking active roles in the commercialization process to protect its investments. Target companies have typically conducted extensive customer discovery and due diligence to establish market fit, a viable business model, and early traction. For its LPs, the fund sources, vets, and de-risks investable opportunities, allowing them to co-invest alongside the fund or independently, aiming for high returns through early checks and follow-on investments.

Invests inDeep TechSector AgnosticAnn Arbor

Source: firm website, verified Sep 20, 2026.

Stage
Pre-Seed–Series A
HQ
Ann Arbor, US
Leads rounds
Leads
Instruments
Equity
Founded
2018
Tracked investments
24
IPOs
1

Team · 15 people

from the firm's website & public directories
Mark Smith· Founder MIHQ, Business Development Advisor
Don Verlee· Advisor
Dr. Michelle Tokarz· Advanced Material, Customer Discovery
George Ehlert· Advisor
Jack Ahrens· Fund Advisor
John Finch· Advisor
John Freshley· Advisor
John Stinson· Investment Committee
Lloyd Doigan· Intellectual Property, Business Development
Mark Ehlert· Advisor
Mark Sellers· Investment Strategy
Max von Wels· Investment Analyst

What they invest in

from 13 of 24 portfolio companies

Biotech ×8Healthtech ×8Medical Devices ×5Deep Tech ×4AI & Machine Learning ×2Hardware ×2Advanced Manufacturing ×1Energy ×1

HQs:United States×11

Investments · 24 tracked

founders shown can be your intro path

By year:2024 · 12021 · 12020 · 12019 · 12014 · 15 dated

Acurx Pharmaceuticalsacurxpharma.comNASDAQ: ACXP

Acurx Pharmaceuticals is a clinical-stage biopharmaceutical company developing a new class of antibiotics targeting bacterial infections classified as priority pathogens by the WHO, CDC, and FDA.

BiotechHealthtechStaten Island, US

Robert J. DeLuccia(Executive Officer, Director)David Luci(Founder)inDavid P. Luci(President, Chief Executive Officer and Director)inRobert G. Shawah(Executive Officer)in

BoardJoseph Scodari(Director)Carl Sailer(Director)

Brio Devicebriodevice.comSep 2019

HealthtechAnn Arbor, US

RONALD FRISBIE(Executive Officer)WILLIAM CLARKE(Director)HANNAH HENSEL(Executive Officer, Director)

Board seatSteve Tokarz· per SEC Form D

Co-investorsInvest Michigan

AcuraStemacurastem.comin𝕏

AcuraStem is a patient-based biotechnology company developing therapies for neurodegenerative diseases including sporadic ALS and frontotemporal dementia (FTD).

BiotechDeep TechHealthtechPasadena, US

Justin Ichida(Director)inSam Alworth(Founder)inMarcel van der Brug(Executive Officer)in

BoardQing Liu-Michael(Director)Paul August(Director)

Co-investorsKeiretsu Forum

Akadeum Life Sciencesakadeum.comin𝕏

Akadeum manufactures GMP-compliant ancillary materials for cell and gene therapy applications, specializing in microbubble-based negative selection products.

Advanced ManufacturingBiotechDeep TechHealthtechMedical DevicesAnn Arbor, US

Kalyan Handique(Executive Officer, Director)John Younger(Executive Officer, Director)inJames Militello(Executive Officer)

BoardJeffrey S. Williams(Director)Paul D'Amato(Director)inDan Kidle(Director)in

Co-investorsArboretum VenturesBeringeaBerkeley CatalystBlueStone Venture PartnerseLab VenturesHemisphere Ventures LLC+7 more

Carmell Therapeuticsin

BiotechPittsburgh, US

Alan I. West(Executive Officer, Director)Paul Kornblith(Executive Officer, Director)

BoardWilliam Newlin(Director)James Jordan(Director)Richard Upton(Director)

Co-investorsDellin Investments

Dynamo Metricsdynamometrics.comin

Ann Arbor, US

NIGEL GRISWOLD(Executive Officer, Director)inBENJAMIN CALNIN(Executive Officer, Director)

Co-investorsID Ventures

InRealityinreality.comin𝕏

inReality provides radar-based sensors and cloud software that measure in-store shopper engagement with product displays, tracking metrics like stopping power and lost revenue.

HardwareIoTRetail TechCincinnati, US

Shylesh Karuvath(Founder)inJohn DeCaprio(CEO and Manager of InReality, LLC)

BoardDaniel Bailey(Manager of InReality, LLC)Dan Meyer(Manager of InReality, LLC)

Co-investorsKeiretsu Forum

Lightlinemedicallightlinemedical.comin

Light Line Medical develops visible light technology for catheters that reduces infections and improves patient outcomes in minimally invasive medical procedures.

BiotechDeep TechHealthtechMedical Devices

Kevin Shifrinin

Co-investorsAstiaHouston Angel Network

Pathwarepathware.comin

Pathware provides real-time biopsy quality assessment technology for pathologists to determine sample adequacy on-site, reducing repeat procedures and unnecessary surgeries.

AI & Machine LearningHealthtechMedical Devices

Co-investorsInnoventures IowaNext Level VenturesSolas BioVenturesLevel Eight Ventures

Peptinovopeptinovo.comJun 2021

Peptinovo develops PALM™, a targeted drug-delivery platform that encapsulates chemotherapy drugs to deliver them directly to cancer cells while sparing healthy tissue, reducing side effects and enabling higher therapeutic doses.

BiotechDeep TechHealthtechMedical DevicesAnn Arbor, US

Ren Homan(Founder)inREYNOLD HOMAN(Executive Officer, Director)BILL ELLIOTT(Executive Officer)inSTEVE TOKAZ(Executive Officer, Director)

BoardDAVID ROMENESCO(Director)FRED BROWN(Director)

Co-investorsID VenturesWMU Biosciences Research & Commercialization Center

Spinal Simplicityspinalsimplicity.comin𝕏Oct 2014

Spinal Simplicity is a medical device company founded in 2008 that develops implants and procedure solutions for spinal fusion and sacroiliac joint stabilization, sold to physician partners treating chronic back pain.

BiotechHardwareHealthtechMedical DevicesOverland Park, US

Jonathan Hess(Executive Officer)inTim McCown(Executive Officer)inJulie Mckee(Executive Officer)inTodd Moseley(Co-Founder)inHarold Hess(Co-founder, Chief Medical Officer & Neurosurgeon)in

Co-investorsBlue Hour VenturesNueterra Capital

Stabilux Biosciencesstabiluxbiosciences.comApr 2024

BiotechAnn Arbor, US

JONATHAN LEINONEN(Executive Officer, Director)YOKE KHIN YAP(Executive Officer, Director)MICHAEL MORTLOCK(Executive Officer)MARK EHLERT(Director)STEVE TOKARZ(Executive Officer, Director)JOHN RANSOM(Director)

Co-investorsID VenturesInvest Michigan

Zivezive.aiin

Zive provides operational and compliance automation software designed for fund managers to streamline administrative tasks and reporting.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Rajesh Gopi(Founder & CEO)in

Co-investors7BC Venture CapitalEagle VentureNew Leaf InvestSparq Capital (SFO)CerraCap VenturesHeadline

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

NanosoundAttune MedicalHotel Communications Network IncKineta Immuno Oncology LlcKineta Inc Drug DiscoveryKyto TechnologyMassvr LlcOrion BiotechnologyRvelocity IncToma BiosciencesXenocor

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

1 IPOs

Acurx PharmaceuticalsNASDAQ: ACXP

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has CANTILEVER INVESTORS made?
CANTILEVER INVESTORS has 24 tracked investments, 1 of which have exited.
What stage does CANTILEVER INVESTORS invest at?
CANTILEVER INVESTORS invests at the Pre-Seed, Seed, Series A stages.
What sectors does CANTILEVER INVESTORS focus on?
CANTILEVER INVESTORS focuses on Deep Tech, Sector Agnostic.
Where is CANTILEVER INVESTORS located?
CANTILEVER INVESTORS is headquartered in Ann Arbor, US.
Does CANTILEVER INVESTORS lead rounds?
Yes, CANTILEVER INVESTORS leads investment rounds.

Media · Podcasts & interviews

featuring the team

#opnaskaninvestor - Steve Tokarz, General and Managing Partner at Cantilever Investors Fund

Open People Network · Steve Tokarz

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