Allos Ventures, a Cincinnati, OH- and Indianapolis, IN-based venture capital firm focused on building high-growth tech companies in the Midwest, closed its latest fund, at $52m.
Allos III continues the firm’s focus on investing in early-stage software and tech-enabled business service companies. The fund has already invested in eight companies including: 120WaterAudit (Indianapolis), Abre.io (Cincinnati), BlastPoint (Pittsburgh), Curate Solutions (Madison), Docket (Indianapolis), Encamp (Indianapolis), PERQ (Indianapolis), and Sharpen (Indianapolis).
Led by venture capital and SaaS veterans Don Aquilano, John McIlwraith and David Kerr, Allos Ventures invests in early-stage technology companies based in the Midwest. Investments focus on B2B software companies at a Series A or B stage, augmenting the capital provided by seed and startup investors. In addition to the capital, the firm provides, portfolio companies benefit from the extensive operating and business-building experience of its managing partners, who make themselves available as needed to support each portfolio company’s growth.
In addition to opening a new office in Indianapolis, Allos also added Paul Ehlinger as an associate to the team in 2019.
FinSMEs
23/01/2020