Allos Ventures Announces David Kerr as Managing Director
INDIANAPOLIS – June 5, 2018 – Allos Ventures, an Indianapolis-based venture capital firm focused on investing in early-stage Midwest tech companies, has added David Kerr as its third managing director. Kerr will join Allos founders and Midwest VC veterans Don Aquilano and John McIlwraith.
Kerr was most recently the CEO of Octiv, an Indianapolis-based Allos portfolio company that was successfully acquired by Conga in April. Prior to Octiv, Kerr held senior executive roles with Groupon, Angie’s List and GHX and was involved in building and leading several successful startups.
“To have someone of David’s caliber joining the firm is momentous,” said Don Aquilano, Allos Ventures co-founder and managing director. “His depth of leadership experience building startup and mature software companies will be of enormous value to us and the companies in which we invest.”
“Working with the team at Allos through my time with Octiv gave me a glimpse into the major impact the firm continues to make in Midwest tech,” said Kerr. “By partnering with SaaS leaders from our portfolio companies and working to broaden investments to newly maturing tech markets throughout Indiana and the Midwest, my goal is to help expand that ripple effect.”
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About Allos Ventures:
Allos Ventures invests in early-stage technology companies based in the Midwest, augmenting the capital provided by seed and startup investors who’ve helped the companies reach a stage at which they’re ready for their first institutional venture capital financing round. In addition to the growth capital Allos provides, portfolio companies are able to leverage the extensive operating and business-building experience of the firm’s managing partners, who make themselves available as needed to support each portfolio companies’ growth.