Detroit is quickly becoming one of the top centers of technological innovation in the country. Strong local research universities, low cost of living, and strong manufacturing, automotive, and supply chain infrastructures are starting to tip the scale in the Motor City’s favor as more expensive hubs like San Francisco become less in favor by millennials in the tech industry. Today we’re looking at ten Detroit start-ups that are making waves.
“StockX is a live, bid/ask marketplace (‘stock market’) for buying and selling limited edition, high demand sneakers. StockX ‘legit checks’ all sneakers to ensure that they are 100% authentic. StockX also offers a sneaker ‘price guide’ based on real-time market data and rich market analysis.” The company has also expanded to streetwear, watches, handbags, and other products.
Sentinl was founded by NRA member Omer Kiyani with the goal of making gun ownership safer. Flagship product IDENTILOCK is “the fastest, easiest, and most accessible trigger lock on the market,” using three individual fingerprint profiles to secure a number of different gun models.
3. Ludlow Ventures
Ludlow Ventures is a venture capital firm without the ego typically found in their field. They’ve invested in companies from Honey to Wag to Lumi to Dwolla.
“Benzinga is a dynamic and innovative financial media outlet that empowers investors with high-quality, unique content that is coveted by Wall Street’s top traders. Benzinga provides timely, actionable ideas that help users navigate even the most uncertain and volatile markets – in real-time with an unmatched caliber.”
5. Lunar Labs
Lunar Wireless is changing the smartphone game by letting you “pay-per-app to get the data you need without monthly charges. You can unlock any individual app on our 4G Network for just 25¢ a day. Once those 24 hours are up, you can unlock apps and services again at your convenience.”
“Mapbox is the location data platform for mobile and web applications. We provide building blocks to add location features like maps, search, and navigation into any experience you create.”
Quikly is a digital marketing start-up that “uses a combination of scarcity, anticipation, empowerment, and competition to capture consumers’ attention and enable marketers to acquire, activate, and retain consumers.” Customers earn better rewards for responding to promotions more quickly and marketers gain a more engaged consumer base.
8. Detroit Labs
Detroit Labs builds mobile apps and websites but the most interesting segment of the start-up is the three-month apprenticeship program that trains prospective employees in coding and software development while providing pay and benefits.
LevelEleven creates sales-motivation software and smart apps for sales teams at companies like Hewlett Packard and Comcast Business.
GreenLancer is “a web-based solar design firm that supplies the designs needed to build and install residential solar electric systems throughout the United States.” Their services include feasibility studies, concept designs, and permit packages.
By Jared Hoffman
Research Associate, JMJ Phillip Group