Seelio secures $600K in seed capital, Menlo mentorship

Internet start-up Seelio has landed an investment from the Michigan Pre-Seed Capital Fund, which is part of a larger angel round worth slightly more than $600,000.

The investment has allowed the downtown Ann Arbor-based company to expand its staff to 10 employees and two interns. It is now looking for strategic investors and has moved into the offices of Menlo Innovations, which is helping mentor the 1-year-old firm.

"We're very proud to be based out of Ann Arbor," says Moses Lee, co-founder & CEO of Seelio. "We have a very good team that is committed to the state of Michigan."

Seelio is developing a software platform that allows college students to showcase their portfolio of work. "We're able to document the entire story of a project and who you worked with," Lee says.

The platform is currently being used in 800 college campus across the U.S., including the University of Texas, UCLA, MIT, Albion College, Eastern Michigan University, Wayne State University and the University of Michigan, among many others. Seelio plans to expand its geographic reach around the world with universities in Europe the next in line.

"Some major universities are interested in this platform," Lee says.

Source: Moses Lee, co-founder & CEO of Seelio
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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