eLab Ventures
Venture capitalAnn Arbor · Seed–Series A · 8 people tracked
Investment thesis
eLab Ventures focuses on backing businesses in which AI serves as the differentiating factor for creating market disruption. The firm concentrates its investments on AI-driven companies positioned to reshape their markets.
Source: firm website, verified Aug 7, 2026.
Team · 8 people
from the firm's website
What they invest in
from 24 of 29 portfolio companiesAI & Machine Learning ×12Enterprise Software ×6Data & Infrastructure ×5Hardware ×5Developer Tools ×4IoT ×4SaaS ×4Advanced Manufacturing ×3
HQs:United States×10Hong Kong×1
Investments · 29 tracked
founders shown can be your intro pathGrand Rapids, US
Carl B. Erickson(Director)Michael Morin(Director)Jason Mark Plimi(Director)Nathan E. Owen(Executive Officer, Director)David V. Huhn(Director)Paul D'Amato(Director)
Board seatDoug Neal· per SEC Form D · $10M raise · filed Aug 2016
Adrenaline Interactive provides in-game advertising technology that places real brands into mobile games through proprietary reskinning software, serving both game publishers seeking new revenue and advertisers wanting to reach players.
AdTechGaming
Carson Mathews(CEO)
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
Jeffrey S. Williams(Director)Brandon McNaughton(Executive Officer, Director)James Militello(Executive Officer)Kalyan Handique(Executive Officer, Director)Douglas Neal(Director)John Younger(Executive Officer, Director)
Aperia develops tire management technology that monitors and maintains tire inflation and predictive maintenance for commercial fleets and consumers.
HardwareIoTLogistics & Supply Chain
JACK FUCHS(Director)JOSHUA CARTER(Executive Officer, Director)HAL KRUTH(Director)BRANDON RICHARDSON(Executive Officer)ANDREW SMITH(Director)STEPHEN GRAND(Director)
BlastPoint provides software that transforms data into actionable intelligence for organizations, helping them drive growth while considering long-term impacts and protecting against unintended harms from data-driven decisions.
AI & Machine LearningData & InfrastructureEnterprise SoftwarePittsburgh, US
Tomer Borenstein(Director, Executive Officer)Alison Alvarez(Founder)Tony CebzanovKelsey Hall(Director of Operations)
BoardDoug Neal(Director)Michael Perrin(Director)
Cobalt provides penetration testing as a service (PTaaS) and offensive security testing for enterprises, offering both on-demand pentests and continuous testing programs enhanced with AI-powered vulnerability detection.
CybersecurityEnterprise SoftwareSaaS
GripFusion develops tactile measurement technology embedded in baseballs paired with analytics software to measure pitcher grip force, spatial distribution, and timing.
AI & Machine LearningHardwareSports Tech
Mason J. Ferlic(Founder & CEO)Michael T. Freehill(Founder)
A healthcare software company that uses AI to improve clinical registry data abstraction and patient care operations, combining domain expertise from healthcare with machine learning technology developed by former researchers at leading tech companies.
AI & Machine LearningDigital Health
LineLeap operates a mobile app that allows nightlife customers to skip venue lines, purchase cover charges, buy event tickets, and order drinks at bars and clubs.
ConsumerFoodTechFuture of WorkMarketplacesNew York City, US
Nicholas Becker(Founder)inMax Schauff(Founder)inPatrick Skelly(Founder)in
Motmot develops robotic systems to modernize how cities and water utilities manage and monitor their water infrastructure.
AI & Machine LearningCleantechData & InfrastructureEnterprise SoftwareGovTechIoTRoboticsEast Lansing, US
Elliot Smith(Executive Officer, Director)Zack(Head of Brand, Marketing & Communications)in
Pinnacle provides text-based management coaching delivered via Slack, connecting managers with coaches for personalized guidance on leadership skills, team engagement, and conflict resolution.
Future of WorkHR Tech
Rachio makes smart irrigation controllers that automatically adjust watering based on weather, season, and local conditions to reduce outdoor water waste for residential properties.
Climate TechConsumerHardwareIoT<UNKNOWN>, US
Franz Garsombke(Executive Officer, Director, Promoter)Christopher M. Klein(Executive Officer, Director, Promoter)Gary Stone(Executive Officer)Robert Hawk(Director)Jonathan Hallett(Director)Karl Khoury(Director)
Sight Machine develops AI agents that optimize manufacturing operations by analyzing industrial data, connecting production systems, and providing autonomous recommendations to improve output and reduce waste.
Advanced ManufacturingAI & Machine LearningEnterprise Software
Pulsora provides an ESG management platform that helps companies track, measure, and report on environmental, social, and governance performance.
Climate TechData & InfrastructureEnterprise SoftwareImpact & Social GoodSaaS
Traxen provides driver assistance and fleet management technology for truck drivers and fleet managers, delivering cost savings through improved fuel efficiency, reduced insurance claims, and enhanced driver safety.
AI & Machine LearningIoTLogistics & Supply ChainMobility & Transportation
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.
Frequently asked questions
- What stage does eLab Ventures invest at?
- eLab Ventures invests at the Seed, Series A stages.
- What is eLab Ventures's typical check size?
- eLab Ventures typically writes checks of $25K – $100K.
- What sectors does eLab Ventures focus on?
- eLab Ventures focuses on AI & Machine Learning.
- Where is eLab Ventures located?
- eLab Ventures is headquartered in Ann Arbor, US.
- Does eLab Ventures lead rounds?
- eLab Ventures typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamFund Facts | Doug Neal, eLab Ventures | MEDC - YouTube
Michigan Economic Development Corporation · Doug Neal
Bob Stefanski, eLab Ventures | Mobile World Congress 2017 - YouTube
SiliconANGLE theCUBE · Bob Stefanski
Fund Facts | Doug Neal of eLab Ventures | MEDC | How can #startups virtually engage with the venture capital community? Doug Neal of eLab ventures shares his advice for #entrepreneurs in our newest... | By Michigan Economic Development Corporation | Facebook
Doug Neal · facebook.com
Images
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