
Ludlow Ventures
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
Frequently Asked Questions
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