Draper Goren Blockchain (
@DGBVentures ) just opened its second office in Troy, Michigan.
First office outside of LA and a strategic move into the mortgage capital of the country.
Draper Goren Blockchain's new office at 3221 W. Big Beaver Road will serve as a strategic hub for incubating and accelerating portfolio companies, with a focus on real estate technology startups.
The office will be led by founding partner
@Bleznak, who was born and raised in the area, and will house DGB's expanding team of six employees while serving as a meeting space and coworking environment for Michigan-based portfolio companies.
The expansion comes on the heels of exceptional performance from the firm's PropTech portfolio companies, including Troy-headquartered mortgage broker
@LitFinancial_ and Birmingham-based AIVRE, an AI-powered appraisal software platform.
Detroit's PropTech ecosystem is thriving. Rocket Companies anchors the market. The talent is there. The opportunity is massive.
Founded in 2023 by
@TimDraper,
@AlonGoren, and David Bleznak, Draper Goren Blockchain started as a blockchain venture studio.
The firm makes regular investments, averaging about one new portfolio company a month, while also doubling up on growing teams and continually investing in them.
That's the venture studio model: Invest. Incubate. Accelerate. Support relentlessly.