BY Tom Henderson
Facility Health Inc., a Belmont-based health care startup just north of Grand Rapids, closed at the end of January on
a seed round of funding of $1.3 million.
The company makes software to help large health care systems more efficiently monitor and repair infrastructure
components such as heating and cooling systems and operating room equipment.
The round was led by Wakestream Ventures LLC, an investment arm of the DeVos family based in Grand Rapids.
The last participant to join the round was the Grand Rapids-based Grand Angels, which closed on an investment of
$350,000 at the end of January. That included money from the angel group’s newest and largest investment fund, as
well as individual members of the Grand Angels and members of other angel groups affiliated with the Grand Angels
through the Michigan Capital Network.
Read the full article on Crain’s website.