VC firm
Thornapple River Capital
- Investor type
- VC
- Investing status
- Activeas of 2026-09-20Source (opens in a new tab)
- Headquarters
- Grand Rapids, MI, United States
- Founded
- 2015
- Assets under management
- $79.4MForm ADV private fund GAV, as of 2026-03-27Source (opens in a new tab)
- Funds
- 5
- Legal name
- Thornapple River Capital, LLC
- thornapplecap.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- Blog (opens in a new tab)
- Team page (opens in a new tab)
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Record updated 29 September 2026
About
Thornapple River Capital is a closely held investment partnership that invests in and supports teams across healthcare, biotech, medical devices, AIML, deeptech, alt. transport, and more
Investment approach
- Thesis
- Building and investing in early-stage companies driving tomorrowSource (opens in a new tab)
- Investing status notes
- a closely held investment partnership actively creating and investing in early-stage companies
Funds
- THORNAPPLE RIVER CAPITAL - VENTURE FUND LLC
- Main fund
- STEELE PARTNERS LLC
- Main fund
- STEELE OZ PREFERRED LLC
- Main fund
- KANTSTRAAT LLC
- Main fund
- TRC-VENTURE FUND II, LLC
- Main fund
SEC registration
- Registered adviser
- THORNAPPLE RIVER CAPITAL LLC
- CRD number
- 291052 (opens in a new tab)
- SEC file number
- 802-120000
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $79.4Mas of 2026-03-27
- Private funds reported
- 5
- Principal office
- GRAND RAPIDS, MI, United States
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