Allos Ventures

Investors in early-stage B2B software and businses services companies in the Midwest.

In Indiana, Ohio, and the surrounding region, there is a significant gap between the number of early-stage companies seeking venture capital and the amount of venture capital targeting such investments. Angel investor (high net worth individuals) activity and state-based support for start-up companies have been accelerating — driving the creation of more businesses seeking venture capital. At the same time, several of the early-stage venture firms that historically served this region, particularly those investing outside of the life sciences, are no longer making new investments. Others have shifted to later-stage (i.e. already profitable) companies. And, firms based on the coasts are hesitant to invest in 'flyover' land, or at the very least like to have a local lead. All of these trends have made it hard for entrepreneurs to continue the momentum started with the help of their friends, family members, and angel investors. We formed Allos in early 2010 to help fill this gap. We only invest in early-stage companies, augmenting the capital provided by angel investors who have helped the companies reach a stage at which they are ready for their first institutional financing round.