DGB Expands to Detroit, Betting Big on Real Estate Technology

LOS ANGELES & TROY, MICHIGAN – October 14, 2025 - 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 portfolio companies while housing DGB's expanding team of operators who drive growth across the firm's ventures. The location positions DGB at the epicenter of the U.S. mortgage industry, providing direct access to critical PropTech infrastructure and talent.

"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."

"Michigan offers an unparalleled ecosystem for PropTech innovation," said 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.

Media Contact:

Brenna Johnson
brenna@dgb.vc