Draper Goren Blockchain (DGB), a leading blockchain venture studio, today announced the opening of its new office in Troy, Michigan. The expansion comes on the heels of exceptional performance from the firm’s PropTech portfolio companies, including LitFinancial, one of the fastest-growing mortgage brokerages in the country, and AIVRE, an innovative AI-powered appraisal software platform.
The new Detroit-area office will serve as a strategic hub for incubating and accelerating DGB’s portfolio companies while housing its expanding team of operators dedicated to scaling next-generation ventures. The Michigan location offers DGB direct proximity to major mortgage institutions and PropTech talent, enabling deeper integration with the country’s financial and real estate technology infrastructure.
The expansion comes at a time of surging demand for blockchain-integrated property and mortgage solutions. DGB’s portfolio companies, such as LitFinancial, one of the nation’s fastest-growing mortgage brokerages, and AIVRE, an AI-powered appraisal software platform, have demonstrated exceptional performance, reflecting a broader industry shift toward automation, transparency, and efficiency in property transactions.
“I’m incredibly excited to see our companies thriving at this level,” said Alon Goren, Founding Partner at Draper Goren Blockchain. “Opening a second homebase in Michigan is a testament to our success, and I couldn’t be prouder to have it led by my incredible partner, David Bleznak.”
Over the past year, DGB’s PropTech ventures have achieved over 60% portfolio growth, with several companies reaching new funding and partnership milestones. The Michigan office is set to accelerate this momentum by providing a launchpad for innovations in AI-driven mortgage processing, decentralized property financing, and data transparency tools for lenders and appraisers.
“Michigan offers an unparalleled ecosystem for PropTech innovation,” added David Bleznak, Founding Partner at Draper Goren Blockchain. “Our venture studio’s performance has been exceptional, and this expansion allows us to deepen our roots in the mortgage capital of the country while building a world-class team to support our portfolio companies’ continued growth.”
About Draper Goren Blockchain
Draper Goren Blockchain is an early-stage blockchain venture studio founded by Tim Draper, Alon Goren, and David Bleznak. The firm creates and accelerates world-changing startups and offers partners unparalleled access to opportunities across the financial technology and blockchain industry.
