Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Allos Ventures is a venture capital firm founded in Cincinnati, Ohio, dedicated to supporting high-potential tech companies in the Midwest. Established to address the funding gap for startups in the region, Allos Ventures focuses on partnering with entrepreneurs to accelerate growth and build value in their businesses. The firm operates with a geographic concentration that allows for hands-on support and face-to-face meetings, enhancing the collaborative nature of their investments.
Currently, Allos Ventures manages over $100 million in assets across four closed funds, with its most recent fund, Allos III, closing at $52 million in January 2020. The firm primarily invests in early-stage companies, specifically in the B2B software and tech-enabled services sectors. Allos Ventures has a portfolio of 12 companies, reflecting its strategy of maintaining a concentrated investment approach to maximize support and involvement.
In addition to its Cincinnati headquarters, Allos Ventures has a presence in Indianapolis, Indiana. The firm’s team includes experienced professionals who bring a wealth of knowledge and expertise to their portfolio companies. Notable milestones include the successful closing of multiple funds and the establishment of a sister fund, Sixty8 Capital, which focuses on diverse founders.
Allos Ventures primarily invests in early-stage companies within the B2B software and tech-enabled services sectors. The firm targets investments in businesses located within a five-hour drive of its Cincinnati and Indianapolis offices, allowing for close collaboration and hands-on support. This geographic focus enables Allos Ventures to engage deeply with its portfolio companies, enhancing their growth potential.
The firm typically invests at the pre-seed, seed, seed-plus, and Series A stages, with initial check sizes averaging between $1.5 million and $2 million. Allos Ventures acts as a lead investor, providing term sheets and assisting in the formation of investor syndicates. The firm seeks exceptional entrepreneurs who demonstrate a strong vision and the capability to execute their business plans effectively.
Allos Ventures emphasizes the importance of building value in its portfolio companies through active involvement and support. The firm’s investment strategy is rooted in the belief that the Midwest has exceptional startups but insufficient capital past the startup stage, making their role crucial in the region's tech ecosystem.
Allos Ventures has a diverse portfolio of 12 companies, primarily in the B2B software and tech-enabled services sectors. Notable portfolio companies include:
In addition to these notable companies, Allos Ventures has invested in other startups such as Abre.io, an education data platform based in Cincinnati, and BlastPoint, an AI customer intelligence company in Pittsburgh. The firm maintains a concentrated portfolio, typically supporting around 12 companies per fund to ensure deep involvement and effective mentorship.
Megan Glover: CEO & Co-Founder of 120Water, brings extensive experience in water quality management and technology.
Max Yoder: CEO & Co-Founder of Lessonly, focuses on training software solutions for teams.
Amy Brown: CEO of Authenticx, specializes in customer experience analytics.
Steve Johns: CEO of OneCause, provides fundraising solutions for nonprofits.
Luke Jacobs: CEO & Co-Founder of Encamp, focuses on environmental compliance software.
David Kerr: Managing Director with a background in venture capital and startup growth.
John McIlwraith: Managing Director, experienced in supporting early-stage companies.
Julie Whitehead: Operating Partner & CFO, oversees financial operations and strategy.
Allie Singer: Manager of Accounting & Finance, supports financial management and reporting.
To pitch Allos Ventures, founders should reach out via email at info@allosventures.com. It is important to include a comprehensive pitch deck that outlines the business model, market opportunity, and team background. The firm appreciates well-structured presentations that clearly convey the startup's vision and potential for growth.
Response times may vary, but founders can generally expect to hear back within a few weeks. Allos Ventures prefers warm introductions, so leveraging connections within the Midwest tech community can be beneficial.
In January 2020, Allos Ventures announced the closing of its third fund, Allos III, at $52 million. This fund is focused on early-stage investments in B2B software and tech-enabled services.
Allos Ventures continues to actively support its portfolio companies, providing mentorship and strategic guidance to enhance their growth potential. The firm has been recognized for its commitment to the Midwest tech ecosystem and its role in addressing the funding gap for startups in the region.
What are Allos Ventures' investment criteria?
Allos Ventures primarily invests in early-stage B2B software and tech-enabled services companies. The firm looks for exceptional entrepreneurs with a strong vision and the ability to execute their business plans effectively. They prefer companies located within a five-hour drive of their Cincinnati and Indianapolis offices to facilitate hands-on support.
How can I apply or pitch to Allos Ventures?
Founders can reach out to Allos Ventures via email at info@allosventures.com. It is advisable to include a detailed pitch deck that outlines the business model, market opportunity, and team background. The firm values clarity and thoroughness in the pitch materials.
What makes Allos Ventures different from other VC firms?
Allos Ventures differentiates itself through its geographic focus on the Midwest, allowing for deep involvement with portfolio companies. The firm acts as a lead investor, providing term sheets and assisting in forming investor syndicates, which enhances the growth potential of its investments.
What is the typical check size for investments?
Allos Ventures typically invests between $1.5 million and $2 million in its portfolio companies. This check size is aimed at providing sufficient capital to support early-stage growth and development.
What is the firm's post-investment involvement like?
Allos Ventures maintains a hands-on approach with its portfolio companies, offering mentorship, operational support, and strategic guidance. The firm’s team actively engages with founders to help navigate challenges and capitalize on growth opportunities.
What is the fund size and how many companies do they invest in?
Allos Ventures has over $100 million in assets under management across four closed funds. The firm typically supports around 12 companies per fund, allowing for concentrated investment and focused support.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.