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DeSimone Group Investments operates as a family office, providing growth capital for early and mid-stage companies. The firm employs a hands-on investment model, offering financial backing and strategic operational guidance. It targets promising ventures across diverse sectors, fostering development beyond funding, engaging actively with leadership to navigate challenges and optimize growth.
Michael DeSimone founded the firm around 2010, transitioning from a three-decade career owning automotive dealerships. His move into angel investing stemmed from demand for early-stage capital by entrepreneurs seeking his acumen. Leveraging vast experience in scaling businesses, DeSimone realized his expertise uniquely benefits nascent ventures needing partnership.
The firm targets diverse early and mid-stage companies, primarily in the Philadelphia tri-state area, from software to life sciences. DeSimone Group Investments' vision centers on building a robust portfolio by backing strong leadership teams. It strives to be a dedicated, long-term partner, committed to their strategic advancement and sustainable growth.
DeSimone Group Investments has 1 tracked investment across 1 company. The latest tracked deal is $7.0M Series A in CloudMine in March 2015.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2015 | CloudMine | $7.0M Series A | Safeguard Scientifics | BEN Franklin Technology Partners, Dreamit Ventures, Mentortech Ventures, MID Atlantic Angel Group, Robin Hood Ventures |