Rock Ventures

ROCK
Company typePrivate holding company
Founded1985
FounderDan Gilbert
Headquarters
Detroit, Michigan
,
United States
Key people
Dan Gilbert, Founder and Chairman
RevenueIncrease $6.7 billion (2019)[1]
OwnerDan Gilbert
Number of employees
Over 30,000 (2019)[1]
SubsidiariesAmrock, Jack Entertainment, Rocket Companies Inc., Bedrock
Websitewww.rock.com
Footnotes / references
[2]

Rock Ventures LLC is the holding company for businessman Dan Gilbert's portfolio of companies, investments, and real estate. It is based in Detroit, Michigan and engaged in community development in both Detroit and Cleveland, Ohio.[3] Its over 110 affiliated companies included the Cleveland Cavaliers, Hollywood Casino at Greektown, and Rocket Mortgage.

In 2023 Rock Ventures became ROCK, the Family Office for the Gilberts.[4]

History

[edit]

Rock Ventures was founded by Dan Gilbert in 1985.[5]

By 2018, Rock Ventures accounted for 17,000 jobs in the City of Detroit, making it the largest employer and taxpayer in the city.[6]

Companies

[edit]

Rock Ventures was the parent company of more than 110 companies.[3] 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

[edit]

Especially 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

Investment

[edit]

Rock Ventures has invested in a number of companies, primarily in Detroit and Cleveland areas, including:[9][10]

Real estate

[edit]

Rock Ventures owns a number of real estate investment, development, and service companies, including:[11]

Sports

[edit]

Rock Ventures owns, or is the majority owner of, a number of sports companies, including:[14][15]

Technology

[edit]

Rock Ventures is an owner of a number of technology companies, including:[17]

  • 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

[edit]

Rock Ventures is an owner of over 75 real estate properties, primarily in Detroit, including:[18][19][20]

Community development

[edit]

Rock Ventures is engaged in community development, philanthropy, and government relations in both Detroit, Michigan and Cleveland, Ohio.[3][5][21]

References

[edit]
  1. ^ a b "Rock Ventures". Forbes.
  2. ^ "Our Story". ROCK. Retrieved 17 December 2024.
  3. ^ a b c "About Us". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  4. ^ "Rock Family Office". rock.com. ROCK. Retrieved 2024-08-07.
  5. ^ a b Pinho, Kirk; Walsh, Dustin (31 March 2013). "Change quickens: Gilbert's downtown plan". Crain's Detroit Business. Retrieved 2015-09-01.
  6. ^ Feloni, Richard (18 August 2018). "Billionaire Dan Gilbert has already bet $5.6 billion on Detroit's future, but money can't solve his biggest challenge". Business Insider. Retrieved 17 December 2024.
  7. ^ "Our Impact". rock.com. ROCK. Retrieved 2024-08-07.
  8. ^ "Financial Services". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  9. ^ "Investment". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  10. ^ "Other". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  11. ^ "Real Estate". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  12. ^ a b Austin, Dan (28 August 2015). "Dan Gilbert to buy Detroit's abandoned Book Tower". Detroit Free Press. Retrieved 2015-09-01.
  13. ^ Henderson, Tom (March 1, 2015). "Rocket Fiber's launch includes a second stage". Crain's Detroit Business. Retrieved 2015-09-01.
  14. ^ "Sports". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  15. ^ Larimer, Sarah (July 14, 2014). "How Cleveland Cavaliers owner Dan Gilbert made his fortune". Washington Post. Retrieved 2015-09-01.
  16. ^ Shea, Bill (April 27, 2015). "Dan Gilbert moves football helmet maker to Detroit from Massachusetts". Crain's Cleveland Business. Retrieved 2015-09-01.
  17. ^ "Technology". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  18. ^ "Properties". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
  19. ^ 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.
  20. ^ 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.
  21. ^ "City Initiatives". rockventures.com. Rock Ventures. Retrieved 2015-09-01.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Rock_Ventures&oldid=1265341011"