Michigan's startup landscape is a blend of its automotive history and new technology sectors. The state is home to companies in mobility, e-commerce, and cybersecurity.
Automotive parts company First Brands Group has raised $1.1 billion in funding. Meanwhile, the online marketplace StockX has secured $690 million.
Below is our list of 19 Michigan startups worth keeping an eye on.
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Get the Sheet for $50May Mobility builds autonomous driving technology for public transportation networks. They deploy fleets of self-driving shuttles to offer communities a safer and more accessible transit option.
| Year Founded | 2017 |
| Founders | Alisyn Malek, Edwin Olson, Steve Vozar |
| Funding Amount | $309.6M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Y Combinator, SV Angel, Liquid 2 Ventures, Toyota Motor, Palm Drive Capital |
First Brands Group develops and sells premium automotive parts for the global aftermarket industry. Their portfolio includes market-leading brands like FRAM filters, Raybestos brakes, and TRICO wiper blades.
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | $1.1B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
Ankored builds a compliance automation platform for organizations that manage youth coaches and staff. Their system simplifies the process by handling background checks, tracking training, and organizing information into individual dashboards.
| Year Founded | — |
| Founders | — |
| Funding Amount | $8.2M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Rally Ventures |
StockX created a live marketplace for buying and selling limited-edition sneakers, apparel, and electronics. The platform is known for its stock market-like model, which uses real-time pricing and authentication to ensure fair value for high-demand goods.
| Year Founded | 2015 |
| Founders | Chris Kaufman, Dan Gilbert, Greg Schwartz, Josh Luber |
| Funding Amount | $690M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Secondary Market |
| Top Investors | General Atlantic, Battery Ventures, Tiger Global Management, SV Angel, Sands Capital Ventures |
Censys provides an internet intelligence platform used by security teams for threat hunting and exposure management. Their technology continuously scans the internet, giving organizations a complete view of their attack surface to proactively address risks.
| Year Founded | 2017 |
| Founders | Alex Halderman, Brian Kelly, David Adrian, David Corcoran, Zakir Durumeric |
| Funding Amount | $128.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Mango Capital, GV, Intel Capital, Greylock, Decibel Partners |
Consumers Energy provides electric and natural gas to millions of customers as one of the nation's largest combination utilities. They are focused on maintaining a reliable energy supply while actively developing a cleaner, more sustainable power generation portfolio.
| Year Founded | 1886 |
| Founders | William A. Foote |
| Funding Amount | $100M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Grant |
| Top Investors | US Department of Energy |
Workit Health operates a virtual-first clinic providing evidence-based treatment for substance use disorders. Their online programs deliver patient-centered care, making professional addiction treatment more accessible.
| Year Founded | 2015 |
| Founders | Lisa McLaughlin, Robin McIntosh |
| Funding Amount | $138.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Grant |
| Top Investors | National Science Foundation, Insight Partners, Endeavor Catalyst, Lux Capital, Bossa Invest |
Slate Auto manufactures electric motor vehicles for the modern driver. Their work is centered on producing innovative EVs to help accelerate the transition to sustainable transportation.
| Year Founded | — |
| Founders | — |
| Funding Amount | $111M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | General Catalyst, Slauson & Co., TWG Global, Bezos Expeditions, Thomas Tull |
Hush provides a cyberprivacy service that reduces social engineering and phishing risks for companies. Their AI-powered platform protects employees by finding and removing their personal information from the internet.
| Year Founded | 2021 |
| Founders | Karthik Nallamothu, Mykolas Rambus |
| Funding Amount | $6.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Collab Capital, Greycroft, Google for Startups, Detroit Venture Partners, Annox Capital |
ADASTEC builds an SAE Level-4 automated driving software platform specifically for commercial vehicles. Their technology, known as flowride.ai, enables OEMs to create modern and connected public transportation buses.
| Year Founded | 2018 |
| Founders | Ali Peker, Atalay Taskoparan, Dr. Kerem Par, Kamil Guclu, Murat Emre Duman |
| Funding Amount | $9.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Maxis, APY Ventures, Red Cedar Ventures, National Park Service, Technology & Innovation Fund |
9 Additional Michigan Startups Worth Following
Our top ten picks are just a glimpse into the state's growing startup scene. Many other companies are making moves in fields like analytics, mobility, and biotech.
With over $168 million raised between them, these companies are well funded for the road ahead. Here’s a look at the rest of the startups shaping Michigan's startup ecosystem.