Top 14 Startups in Michigan in 2023

Updated:

August 30, 2023

Unicorns Startups Failed Startups Accelerators & Incubators

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CTA

Countless startups in the Michigan are being launched every day.

Many fail because they did not learn from the success of other companies who've managed to rise above.

We just published this list of 14 well-known and fast-growing Michigan companies that impressed investors.

14 Startups in the Michigan

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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1) Lineage Logistics

Lineage Logistics is a warehouse and logistics firm specializing in temperature-controlled logistics and supply chain management.

Details of the startup:

Started in: 2012
Industries: Food Delivery, Food Processing, Logistics, Supply Chain Management, Warehousing
Number of employees: 10001+
Funding: $7,000,000,000
Funding rounds: 4
Number of investors: 10 (Morgan Stanley, Stonepeak Infrastructure Partners, D1 Capital Partners, EPIQ Capital Group, Oxford Properties Group)

You can find their website here.

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2) StockX

StockX is an online marketplace where you can purchase and sell high-demand, limited-edition sneakers.

Details of the startup:

Started in: 2015
Founders: Chris Kaufman, Dan Gilbert, Greg Schwartz, Josh Luber
Industries: E-Commerce, E-Commerce Platforms, Marketplace, Sales, Shoes
Number of employees: 1001-5000
Funding: $690,000,000
Funding rounds: 9
Number of investors: 26 (General Atlantic, DST Global, Battery Ventures, GGV Capital, SV Angel)

You can find their website here.

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3) Plex Systems

Plex Systems manufactures goods using a smart manufacturing platform.

Details of the startup:

Started in: 1995
Founders: Jerry Foster
Industries: Cloud Computing, Enterprise Resource Planning (ERP), Manufacturing, Software
Number of employees: 501-1000
Funding: $186,500,000
Funding rounds: 5
Number of investors: 4 (Francisco Partners, T. Rowe Price, Accel, Apax Partners)

You can find their website here.

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4) BluJay Solutions

LSPs, freight forwarders, and other businesses use BluJay Solutions' logistics and transportation software and services.

Details of the startup:

Started in: 1972
Industries: Freight Service, Logistics, Software, Supply Chain Management, Transportation
Number of employees: 501-1000
Funding: $500,000,000
Funding rounds: 2
Number of investors: 3 (Temasek Holdings, TPG, BlueBay Asset Management)

You can find their website here.

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5) FarmLogs

More than one-third of US row crop farmers have access to FarmLogs' platform, which provides essential operational data insights.

Details of the startup:

Started in: 2012
Founders: Brad Koch, Jesse Vollmar
Industries: Agriculture, Big Data, Internet, Software
Number of employees: 51-100
Funding: $37,000,000
Funding rounds: 5
Number of investors: 9 (SV Angel, Y Combinator, Drive Capital, Hyde Park Venture Partners, Detroit Venture Partners)

You can find their website here.

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6) SkySpecs

SkySpecs uses cutting-edge robotics to automate the operation and maintenance of utility-scale wind turbines.

Details of the startup:

Started in: 2012
Founders: Danny Ellis, Jonathan Bendes, Ryan Morton, Samuel DeBruin, Tom Brady
Industries: Aerospace, Analytics, Asset Management, Drones, Energy Efficiency, Productivity Tools, Renewable Energy, Robotics, Wind Energy
Number of employees: 51-100
Funding: $38,659,113
Funding rounds: 6
Number of investors: 14 (Techstars, Endeavor Catalyst, Ann Arbor SPARK, McRock Capital, R/GA Ventures)

You can find their website here.

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7) Airspace Link

Airspace Link is a Low Altitude Authorization and Notification Capability (LAANC) Platform for UAS/Drones that has been approved by the FAA.

Details of the startup:

Started in: 2018
Founders: Ana Healander, Daniel Bradshaw, Michael Healander
Industries: Aerospace, Drone Management, Drones, Geospatial, Government, Mapping Services
Number of employees: 11-50
Funding: $18,000,070
Funding rounds: 4
Number of investors: 10 (Techstars, Altos Ventures, Indicator Ventures, Detroit Venture Partners, Ludlow Ventures)

You can find their website here.

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8) May Mobility

May Mobility is using autonomous technology to improve cities and make the world a safer, greener, and more accessible place.

Details of the startup:

Started in: 2017
Founders: Alisyn Malek, Edwin Olson, Steve Vozar
Industries: Automotive, Autonomous Vehicles, Transportation, Travel
Number of employees: 101-250
Funding: $83,620,000
Funding rounds: 6
Number of investors: 15 (SV Angel, Y Combinator, Toyota Motor, Maven Ventures, Toyota Ventures)

You can find their website here.

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9) Duo Security

Duo Security is a company that sells and services security software.

Details of the startup:

Started in: 2009
Founders: Dug Song, Jonathan Oberheide
Industries: Cloud Security, Cyber Security, Enterprise Software, Network Security, SaaS, Software
Number of employees: 251-500
Funding: $121,500,000
Funding rounds: 6
Number of investors: 12 (Index Ventures, True Ventures, Workday, GV, Redpoint)

You can find their website here.

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10) Healthy Roots Dolls

Healthy Roots is a toy company that makes dolls and storybooks to teach young girls of color about natural hair care.

Details of the startup:

Started in: 2015
Founders: Yelitsa Jean-Charles
Industries: Beauty, Children, Consumer Goods, Toys, Women's
Number of employees: 44470
Funding: $1,000,000
Funding rounds: 3
Number of investors: 10 (Backstage Capital, MassChallenge, Sahil Lavingia, The Community Fund, New Voices Fund)

You can find their website here.

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11) OneStream Software

OneStream Software is a software development firm that specializes in financial planning and analysis.

Details of the startup:

Started in: 2010
Founders: Robert Powers, Tom Shea
Industries: Information Technology, Software
Number of employees: 101-250
Funding: $200,000,000
Funding rounds: 1
Number of investors: 3 (Tiger Global Management, D1 Capital Partners, Investment Group of Santa Barbara)

You can find their website here.

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12) Clinc

Clinc is a conversational AI platform that allows businesses to create next-generation virtual assistants that are "human-in-the-room" level.

Details of the startup:

Started in: 2015
Founders: Jason Mars, Johann Hauswald, Lingjia Tang, Michael Laurenzano
Industries: Artificial Intelligence, Machine Learning, Software
Number of employees: 51-100
Funding: $59,750,000
Funding rounds: 4
Number of investors: 6 (Insight Partners, Drive Capital, DFJ Growth, Hyde Park Venture Partners, eLab Ventures)

You can find their website here.

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13) Autobooks

Autobooks is the first online banking-based, fully integrated payments and accounting application for businesses.

Details of the startup:

Started in: 2015
Founders: Aaron Schmid, Steven Robert, Vincent Thomas
Industries: Accounting, Banking, Financial Services, FinTech, Payments
Number of employees: 51-100
Funding: $47,800,000
Funding rounds: 5
Number of investors: 8 (Detroit Venture Partners, TD Bank, Baird Capital, MissionOG, Draper Triangle)

You can find their website here.

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14) WorkForce Software

For complex scheduling, time and attendance, absence management, and compliance requirements, workforce management software solutions are available.

Details of the startup:

Started in: 1999
Founders: Kevin Choksi, Michael Knister
Industries: Computer, Management Information Systems, Software
Number of employees: 501-1000
Funding: $17,000,000
Funding rounds: 3
Number of investors: 4 (Insight Partners, K1 Investment Management, Elliott Management Corp., Triangle Capital Corporation)

You can find their website here.

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