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Genesis Innovation Group

Venture studiooperating company · company profile

Grand Rapids · Seed–Series A · 13 people tracked

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Investment thesis

Genesis Innovation Group operates as a builder and investor in the medical device space, partnering directly with entrepreneurs and inventors to develop technology from concept to market. It combines a full platform of development services—ideation and engineering, governance and fundraising, manufacturing, regulatory and quality, and commercialization—with hands-on investment. The group leverages a network of surgeons, researchers, manufacturers, and distributors to accelerate development and expand market reach. It has launched subsidiaries such as Capitan Orthopedics, reflecting a venture-studio approach where the team is directly involved in creating and scaling companies rather than acting solely as a passive capital provider.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Grand Rapids, Michigan, US
Instruments
Equity
Founded
2013
AUM
$10M
Tracked investments
10

Team · 13 people

from the firm's website & curated & public directories
Rich Mazzola· Co-founder & CFO of Project MedTech
Travis Mark· Founder of Galen Medical Systems
Jon Chau· Patent Attorney
Justin Crawford· General Counsel, Honigman
Luke Aram· Senior Project Engineer

Project engineer with over two years at J&J, credited with 71 patents and 10 product launches.

Vince Boileau· Managing Partner at Boileau & CO

Founder mafia

2 people who came through Genesis Innovation Group went on to found or lead other companies.

What they invest in

from 5 of 10 portfolio companies

Healthtech ×4Hardware ×3Medical Devices ×3Biotech ×2

HQs:United States×5

Investments · 10 tracked

founders shown can be your intro path
Shoulder Innovationsshoulderinnovations.cominNYSE: SI

Shoulder Innovations develops InSet® glenoid technology for shoulder joint implants that reduce the rocking horse effect and provide mechanical stability, serving patients with severe shoulder arthritis.

HardwareHealthtechMedical DevicesNorthern California, US

Robert Ball(CEO & Executive Chairman)Matthew Ahearn(Chief Operating Officer)Jeff Points(Executive Officer)David Blue(Executive Officer)Don Running(Manager and Chief Executive Officer)Jeff Ondrla(Chief Technology Officer)

Co-investorsAPERTURE Venture PartnersArboretum VenturesGlobal BrainInvest MichiganLightstone VenturesUS Venture Partners+2 more

Capitan Orthopedicscapitanortho.com

Capitan Orthopedics develops SupraSpacer, a minimally invasive shoulder implant that acts as a spacer to restore joint alignment for patients with irreparable rotator cuff tears.

HardwareHealthtechMedical DevicesGrand Rapids, US

Chance Leonard(Chief Executive Officer)

BoardRobert Sean Churchill(Director)Jeff Ondrla(Director)Chance W. Leonard(Executive Officer, Director)inR. Sean Churchill(Board Member / Surgeon Design Team)Rich Mazzola(Co-Founder & CFO of Project MedTech)

Embodyacquired by ExtraOrtho

Developer of biointegrative soft tissue regeneration solutions for orthopedic injuries; acquired by Zimmer Biomet in 2023.

BiotechVienna, US

Jeffrey Conroy(Chief Executive Officer)Michael Francis(Director)Tim Meyers(Director)Michael O'Kane(Director)

BoardRob Ball(Director)

HAPPE Spine

HealthtechGrand Rapids, US

Ryan Roeder(Executive Officer, Director)

BoardMatt Ahearn(Director)Brian McCollum(Director)Ben Olds(Director)Matt Milanowski(Director)Steven Foster(Director)

Co-investorsWMU Biosciences Research & Commercialization Center

Imascap SASacquired by Wright Medical

Company that grew with strategy development and investment from Genesis.

INTEGRATE-C Fusion Device

A monolithic hydroxyapatite-impregnated PEEK spinal fusion device with porous regions for load bearing and healing.

MyBackHub

Platform integrating AI scanning, patient health history, and expert guidance to create personalized back-pain care plans.

Nanochonnanochon.comin

Nanochon develops Chondrograft, a 3D-printed, off-the-shelf orthopedic implant that is press-fit into damaged knee cartilage to support the body's natural tissue healing.

BiotechHardwareHealthtechMedical DevicesWashington, US

Benjamin Holmes(Executive Officer, Director)Nathan Castro(Executive Officer, Director)Ben Holmes(CEO & Co-founder)

BoardNick Pachuda(Director)Kurt Jacobus(Director)Robert Creeden(Director)

Co-investorsAsimov VenturesWealthing VC ClubTEDCO

ProVoyance

Custom software development platform using AI and ML for healthcare and digital health, transforming medical imaging and patient engagement.

SupraSpacer

A shoulder joint spacer implant that restores anatomical spacing and joint alignment when the rotator cuff is torn.

Exits · 3

IPOs and acquisitions across the tracked portfolio

Shoulder InnovationsNYSE: SIEmbodyacq. by ExtraOrthoImascap SASacq. by Wright Medical

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Genesis Innovation Group made?
Genesis Innovation Group has 10 tracked investments, 2 of which have exited via acquisition or IPO.
What stage does Genesis Innovation Group invest at?
Genesis Innovation Group invests at the Seed, Series A stages.
What sectors does Genesis Innovation Group focus on?
Genesis Innovation Group focuses on Digital Health, Healthtech, Medical Devices.
Where is Genesis Innovation Group located?
Genesis Innovation Group is headquartered in Grand Rapids, US.
Who does Genesis Innovation Group co-invest with?
Genesis Innovation Group most often shares deals with WMU Biosciences Research & Commercialization Center, Arboretum Ventures, Global Brain, among 10 tracked co-investors.

Images

Genesis Innovation Group photoGenesis Innovation Group photo

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