Allos Ventures Adds Managing Director

Posted: Updated:
Kerr has also previously held executive roles with Groupon, Angie’s List and GHX. Kerr has also previously held executive roles with Groupon, Angie’s List and GHX.

Indianapolis-based venture capital firm Allos Ventures has added David Kerr as its third managing director. He most recently served as chief executive officer of Allos portfolio company Octiv.

Kerr has also previously held executive roles with Groupon, Angie’s List and GHX.

In March, Colorado-based Conga acquired Octiv. In 2016, Octiv, previously known as TinderBox, announced a $3 million expansion and plans for more than 200 new jobs in Indianapolis.

Kerr joins Allos founders Don Aquilano and John McIlwraith as managing directors at Allos. The firm, founded in 2010, focuses on investing in early-stage Midwest tech companies. Other portfolio companies include Aprimo, Emplify, Lessonly, OneCause and Lumavate. In all, Allos has invested in more than 20 companies.

"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 in a news release. "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."

  • Perspectives

    • The Evolution of Business: From Bottom Line to Value Creation And Impact

      In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • (Image Courtesy: Lilly Oncology)

      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • Rose-Hulman Adds New Major

      Rose-Hulman Institute of Technology students now have another option when choosing a major. The Institute has added a engineering design major which is expected to offer a multidisciplinary experience. Students are enrolled to start the new program in the 2018-2019 school year. 

    • GM recently announced it would invest more than $1 billion in its Fort Wayne Assembly plant.

      Auto Job Fair Coming to Allen County

      General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...