Rock Ventures LLC was the holding company for businessman Dan Gilbert's portfolio of companies, investments, and real estate. It was based in Detroit, Michigan and engaged in community development in both Detroit and Cleveland, Ohio.[2] Its over 110 affiliated companies included the Cleveland Cavaliers, Hollywood Casino at Greektown, and Rocket Mortgage.
 | |
| Company type | Private holding company |
|---|---|
| Founded | 1985 |
| Founder | Dan Gilbert |
| Headquarters | , United States |
Key people | Dan Gilbert, Founder and Chairman |
| Revenue |  $6.7 billion (2019)[1] |
| Owner | Dan Gilbert |
Number of employees | Over 30,000 (2019)[1] |
| Subsidiaries | Amrock, Jack Entertainment, Rocket Companies Inc., Bedrock |
| Website | www |
In 2023 Rock Ventures became ROCK, the Family Office for the Gilberts.[3]
History
editRock Ventures was founded by Dan Gilbert in 1985.[4][5][6]
Companies
editRock Ventures was the parent company of more than 110 companies.[2] ROCK is the rebranded company that took the place of Rock Ventures. ROCK is the office that connects the Family of Companies to the For More Than Profit philosophy created by Dan Gilbert [7]
Financial services
editEspecially under the subsidiary holding company, Rock Holdings Inc., Rock Ventures, LLC owns a number of complementary financial service companies, including:[8]
- Amrock
- Benzinga
- In-House Realty
- Instore
- InStore Finance
- One Reverse Mortgage LLC
- Rock Connections
- Rock Processing
- Rocket Companies Inc.
- Rocket Mortgage, LLC
Gaming
editDeveloped under Jack Entertainment, Rock Ventures holds ownership stake in number of gaming ventures, including:[9][10]
Investment
editRock Ventures has invested in a number of companies, primarily in Detroit and Cleveland areas, including:[11][12]
- Bedrocket Media Ventures
- Bizdom
- BodyPartChart
- Cellerant Therapeutics
- Connect America
- Detroit Venture Partners
- Foodjunky
- Gas Station TV
- Genius
- Northcentral University
- Opsmatic
- PaymentScholar
- Protect America
- Purchasing Power
- RapidAdvance
- Ritz-Carlton, Cleveland
- Robb Report
- Rockbridge Growth Equity
- Savorfull
- Social Proof
- Socrates
- Spirit Shop
- SpiroSpano
- Ternpro
- Triad Retail Media
Real estate
editRock Ventures owns a number of real estate investment, development, and service companies, including:[13]
- Bedrock Management Services LLC[14]
- dPop!
- Rocket Fiber[15]
- Rock Companies
Sports
editRock Ventures owns, or is the majority owner of, a number of sports companies, including:[16][17]
- Cleveland Cavaliers
- Cleveland Charge
- Cleveland Monsters
- Fathead
- Rocket Mortgage FieldHouse
- Veritix
- Xenith LLC[18]
Technology
editRock Ventures is an owner of a number of technology companies, including:[19]
- Are You A Human
- backstitch
- Big River
- BoostUp
- Campus Commandos
- ChoreMonster
- Cribspot
- Deck of Dice
- Detroit Labs
- Dictionary.com
- eCollect
- Ginkgotree
- Grand Circus
- GreenLancer
- iRule
- Krossover
- LevelEleven
- The Madison Block
- Marxent Labs
- Passage
- ProSites
- Queryly
- Quikly
- Rockbot
- Sift
- Tap in 2
- TeamInn
- UpTo
- Virteom
- WaitTime
- Wedit
- WSC Sports Technologies
Real estate properties
editRock Ventures is an owner of over 75 real estate properties, primarily in Detroit, including:[20][21][22]
- 1001 Woodward
- Book Tower[14]
- Chrysler House
- David Stott Building
- Federal Reserve Bank of Chicago Detroit Branch Building
- First National Building
- Globe Tobacco Building
- L. B. King and Company Building
- One Campus Martius
- One Detroit Center
- One Woodward Avenue
- The Qube
- Savoyard Centre
- Vinton Building
- Wright-Kay Building
Community development
editRock Ventures is engaged in community development, philanthropy, and government relations in both Detroit, Michigan and Cleveland, Ohio.[2][5][23]
References
edit- ^ a b "Rock Ventures". Forbes.
- ^ a b c "About Us". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ name="ROCK">"Rock Family Office". rock.com. ROCK. Retrieved 2024-08-07.
- ^ Burns, Matt (August 26, 2014). "Dan Gilbert To Make The Case For Detroit At Disrupt SF". TechCrunch. Retrieved 2015-09-01.
- ^ a b Pinho, Kirk; Walsh, Dustin (31 March 2013). "Change quickens: Gilbert's downtown plan". Crain's Detroit Business. Retrieved 2015-09-01.
- ^ "Rock Ventures | Company Overview & News". Forbes. Retrieved 2024-07-25.
- ^ "Our Impact". rock.com. ROCK. Retrieved 2024-08-07.
- ^ "Financial Services". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ "Gaming". rockventures.com. Rock Ventures. Archived from the original on 2016-03-04. Retrieved 2015-09-01.
- ^ Bill Shea and Kirk Pinho (February 23, 2016). "Greektown Casino-Hotel to be renamed Jack Detroit Casino-Hotel Greektown". Crain's Detroit Business. Retrieved February 26, 2016.
- ^ "Investment". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ "Other". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ "Real Estate". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ a b Austin, Dan (28 August 2015). "Dan Gilbert to buy Detroit's abandoned Book Tower". Detroit Free Press. Retrieved 2015-09-01.
- ^ Henderson, Tom (March 1, 2015). "Rocket Fiber's launch includes a second stage". Crain's Detroit Business. Retrieved 2015-09-01.
- ^ "Sports". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ Larimer, Sarah (July 14, 2014). "How Cleveland Cavaliers owner Dan Gilbert made his fortune". Washington Post. Retrieved 2015-09-01.
- ^ Shea, Bill (April 27, 2015). "Dan Gilbert moves football helmet maker to Detroit from Massachusetts". Crain's Cleveland Business. Retrieved 2015-09-01.
- ^ "Technology". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ "Properties". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
- ^ Sorge, Marge (July 17, 2013). "Dan Gilbert and Rock Ventures own or control more than 30 properties Downtown". blog.thedetroithub.com. Detroit Unspun. Retrieved 2015-09-01.
- ^ McGraw, Bill (July 15, 2013). "For The First Time: All The Facts And Figures On Dan Gilbert's Investment In Detroit". deadlinedetroit.com. Retrieved 2015-09-01.
- ^ "City Initiatives". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
