Company attributes
Venture Capital Firm attributes
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Lake Street Capital ("LSC") provides advice to and invests in small private companies. The firm focuses on the technology, healthcare and business services sectors. Located in Detroit, the firm is active in the emerging entrepreneurial community providing management and financing advice to start-ups.
The firm was founded in 2003 to acquire investments in the secondary direct market, acquiring venture capital investments in private companies from existing investors ("Secondary Directs"). Since 2003, LSC successfully managed two institutionally-backed funds with over $400 million of invested capital in over 100 companies across diverse industries, locations, and stages of development. The firm acquired positions from major corporations, financial institutions, founders and other institutional investors. Transaction sizes ranged from $1 million to over $50 million.
Lake Street Capital has made investments in LucidMedia, Silicon Genesis, Sequence Design, Frictionless Commerce, Celion Networks and Network Elements.
Lake Street Capital has had 3 exits. Lake Street Capital's most notable exits include LucidMedia, Frictionless Commerce, and Sequence Design.
