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Ludlow Ventures

North America, Michigan, United States, Detroit

Description

Ludlow Ventures is a prominent Detroit-based venture capital firm with a strong focus on early-stage technology companies. Founded by Jonathon Triest and Brett deMarrais, the firm has established itself as a significant player in the venture ecosystem, particularly known for its hands-on approach and deep engagement with its portfolio companies. While headquartered in the Midwest, Ludlow Ventures maintains a broad investment scope, backing innovative startups across the United States and beyond, demonstrating a commitment to fostering technological advancement from diverse geographic locations.

The firm's investment strategy primarily targets pre-seed, seed, and Series A rounds, emphasizing disruptive technologies and scalable business models within the information technology sector. Ludlow Ventures exhibits a versatile investment thesis, spanning areas such as SaaS, fintech, consumer applications, and deep tech. They are known for providing initial capital ranging typically from $250,000 to $2,000,000, aiming to be the first institutional check or an early participant in a company's growth journey. This flexibility allows them to support founders at critical junctures, helping them achieve product-market fit and scale operations.

Ludlow Ventures boasts an impressive track record, having made over 300 investments since its inception. Their portfolio includes several high-profile companies that have achieved significant success and market recognition. Notable investments include Calm, a leading meditation and sleep app; The Athletic, a popular sports media company acquired by The New York Times; Ethos, a modern life insurance platform; and StockX, a global marketplace for sneakers and collectibles. The firm has also demonstrated a strong ability to generate returns for its limited partners, evidenced by over 100 successful exits, showcasing their acumen in identifying and nurturing promising ventures from their earliest stages through to lucrative acquisition or IPO.

This consistent performance and strategic investment approach underscore Ludlow Ventures' position as a key early-stage investor. Their commitment to supporting founders with more than just capital, but also with strategic guidance and network access, has cemented their reputation as a founder-friendly firm. They actively seek out ambitious entrepreneurs who are building the next generation of transformative companies, contributing significantly to the innovation landscape.

Investor Profile

Ludlow Ventures has backed more than 167 startups, with 6 new investments in the last 12 months alone. The firm has led 9 rounds, about 5% of its total and boasts 32 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Kenya.
  • Strong thematic focus on Software, E-Commerce, SaaS.
  • Typical check size: $250K – $2M.

Stage Focus

  • Seed (61%)
  • Series A (20%)
  • Pre Seed (7%)
  • Series B (4%)
  • Series Unknown (4%)
  • Convertible Note (1%)
  • Series C (1%)
  • Debt Financing (1%)
  • Angel (1%)
  • Non Equity Assistance (1%)

Country Focus

  • United States (97%)
  • Canada (2%)
  • Kenya (1%)
  • United Kingdom (1%)

Industry Focus

  • Software
  • E-commerce
  • Saas
  • Information Technology
  • Mobile
  • Mobile Apps
  • Fintech
  • Social Media
  • Internet
  • Apps
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ludlow Ventures frequently co-invest with?

Techstars
North America, Colorado, United States, Boulder
Co-Investments: 9
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 11
500 Global
North America, California, United States, San Francisco
Co-Investments: 16
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 14
Upfront Ventures
North America, California, United States, Santa Monica
Co-Investments: 7
Detroit Venture Partners
North America, Michigan, United States, Detroit
Co-Investments: 15
SV Angel
North America, California, United States, San Francisco
Co-Investments: 9
BoxGroup
North America, New York, United States, New York
Co-Investments: 8
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 8
Haystack
North America, California, United States, San Francisco
Co-Investments: 8

Which angels does Ludlow Ventures often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 6
RM
North America, California, United States, San Francisco
Shared Deals: 3
David Tisch
North America, New York, United States, New York
Shared Deals: 3
PB
North America, California, United States, Mountain View
Shared Deals: 4
Cyan Banister
North America, California, United States, San Francisco
Shared Deals: 3
AO
North America, California, United States, San Francisco
Shared Deals: 4
SB
North America, New York, United States, New York
Shared Deals: 6
NR
North America, California, United States, San Francisco
Shared Deals: 4
MC
North America, Texas, United States, Dallas
Shared Deals: 4
SP
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by Ludlow Ventures?

Boulevard

Los Angeles, California, United States

Boulevard provides beauty and wellness businesses with tools for booking, payments, marketing, and client relationship management.

B2BConsultingInternetMarketingSaaS
Series DJul 17, 2025
Amount Raised: $80,000,000
Row Zero

Seattle, Washington, United States

Row Zero offers a self-serve big data analytics platform with spreadsheet modeling and dashboard sharing capabilities.

AnalyticsBig DataBusiness IntelligenceInformation Technology
SeedMay 6, 2025
Amount Raised: $10,000,000
Stable Sea

San Francisco, California, United States

Stable Sea provides seamless, compliant, cost-effective stablecoin offramping solutions.

FinanceSoftwareWeb Development
SeedMar 19, 2025
Amount Raised: $3,500,000
Keebler Health

Durham, North Carolina, United States

Keebler Health is a developer of an AI-based risk adjustment tool for healthcare providers.

Artificial Intelligence (AI)BillingInformation Technology
SeedFeb 18, 2025
Amount Raised: $6,000,000
MirrorTab

San Francisco, California, United States

MirrorTab offers pixel streaming technology for web app security and customer interaction protection.

Information TechnologySoftwareWeb Apps
SeedNov 14, 2024
Amount Raised: $8,500,000
Tildei

New York, New York, United States

Conversations as Powerful as Your Brand: Take your marketing from personalized to personal.

Information TechnologyMarketingMessaging
SeedOct 8, 2024
Amount Raised: $6,000,000
Purchaser

Lexington, Kentucky, United States

Purchaser is automating industrial purchasing.

ManufacturingSaaS
SeedSep 23, 2024
Amount Raised: $4,000,000
Gumloop

Vancouver, British Columbia, Canada

Gumloop is a no-code platform to build and host AI-powered business automations.

Information Technology
SeedJul 23, 2024
Amount Raised: $3,109,663
Hona

Orem, Utah, United States

Hona eliminates unnecessary communication and improves customer experience with automatic update notifications.

Information TechnologySoftwareWeb Apps
Series AJun 17, 2024
Amount Raised: $9,500,000
ZeroMark

New York, New York, United States

ZeroMark is a defense product company building technology to ensure safety and precision when using kinetic and non lethal weapons.

Augmented RealityGovernmentLaw EnforcementNational SecurityRobotics
SeedMay 24, 2024
Amount Raised: $7,000,000