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 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."