BLOOMFIELD HILLS – The Ides Of March could bring good news from two Great Lakes Angels portfolio companies, which will update investors on the progress they’ve made in the past year to achieve their milestones. The updates will come at an evening dinner meeting for accredited investors scheduled for March 15.
GLA will have some investors in the two deals discuss the valuation of the company when they went in the deal, how long it took them to close, what kind of interface they have had since the investment and their feeling about the company at this time. Plus the companies will show any milestones achieved since the investment.
This will help new investors become comfortable with the process and roles they can play. Angel investors have already provided the foundation for some of this country?s most exciting new businesses. Angels are poised to play a vital role in the economic growth of Michigan and the region. Great Lakes Angels is the only investor group in Southeast Michigan that combines active investment activities with ongoing educational opportunities for high net worth individuals. High net worth individuals can diversify and enhance their investment portfolio in a supportive, confidential environment in collaboration with experienced investors.
The two presenting companies are Accuri Instruments and imX Solutions.
Accuri Instruments was founded in 2004, and has developed an inexpensive and versatile prototype of flow cytometer, which is used for analyzing cells in research and drug discovery applications. Accuri launched operations in February, 2005 with a $800K Series A round breakthrough technology licensed from the University of Michigan. Accuri builds instruments for life science research and drug discovery. Our product line includes instruments, software, consumables, service and support.
imX Solutions seeks to provide consumers with a safer and more secure way to shop the Internet, or make online banking payments. imX has created a unique patented technology platform where a user has a physical form factor, currently in the form of a business card sized CD-ROM, that is placed in their computer and used as an authentication for Internet shopping or online banking transactions.
The meeting is open to all accredited investors from Michigan, Ohio and Ontario. he deadline for registration is Mar. 10th.
To register for the monthly dinner meeting, click on
