Grand Angels was founded by former Grand Bank founder and CEO Charles C. Stoddard and serial entrepreneur, Craig T. Hall. The firm is the only regional investment group that offers mentoring paired with a relatively patient exit strategy, meaning invested funds may not need to be returned as quickly as would be expected by commercial or other investors. Grand Angels typically invests from $250K to $1M in early-stage companies across a wide range of sectors. Grand Angels invests in businesses located in Michigan, with a preference for those located in Kent, Ottawa and Muskegon counties. Grand Angels has invested over $8 million since its inception.