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Stage 2 Innovations is a venture capital firm seeking early to mid-stage startup company investments in the Michigan region. Stage 2 Innovations was co-founded in 2011 by Tom LaSorda, former President & CEO of Chrysler, and Simon Boag, an experienced investor in start-up companies. Stage 2 Innovations' first fund was formed in 2011 in the amount of $100 million, seeking to make investments of several million dollars each, typically in a second round as a Series A or B. Stage 2 Innovations considers its unique positioning as providing expertise in commercialization of entrepreneurs' ideas, including private companies with uncommercialized patents. Stage 2 Innovations is based in Troy, Michigan.