WEBVTT

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>>GERRY: IT'S TIME NOW TO GO
INSIDE INNOVATION BROUGHT TO YOU
BY DMI.
CARMEL-BASED ALLEGION VENTURES

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IS ON THE HUNT FOR POTENTIAL
PORTFOLIO COMPANIES.
A NEW $50 MILLION CORPORATE
VENTURE FUND, LAUNCHED IN MARCH,

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WILL TARGET EARLY-STAGE STARTUPS
DEVELOPING INNOVATIVE
TECHNOLOGIES AND PRODUCTS IN THE
SECURITY FIELD.

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THE MAN LEADING THE FUND IS A
RECOGNIZED LEADER IN THE IOT
SPACE...ALLEGION VENTURES
PRESIDENT ROB MARTENS.

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WELCOME!
>> THANK YOU FOR HAVING ME.
GREAT TO BE HERE.
>> FIRST OF ALL, FOR FOLKS

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THAT DON'T KNOW ABOUT THE
COMPANY THEY HAVE A SUBSTANTIAL
PRESENCE A SPIN OUT FROM A
FAMILIAR NAME INGERSOLL-RAND.

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>> IN 2013, ALLEGION WAS
FORMED SPINNING OUT FROM
INGERSOLL-RAND AND OUR AMERICAS
HEADQUARTERS IS ACTUALLY IN

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CARMEL.
WE ARE A TWO AND A HALF BILLION
DOLLAR SECURITY AND SAFETY
COMPANY.

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WE HAVE ABOUT 10,000 EMPLOYEES
GLOBALLY SERVING CUSTOMERS AND
OVER 30 COUNTRIES.
>> A MAJOR PRESENCE RIGHT HERE

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IN CENTRAL INDIANA.
LET'S TALK ABOUT THE CORPORATE
VENTURE FUND.
50 MILLION-DOLLAR FUND THAT'S A

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SIGNIFICANT COMMITMENT AND HAS
THE POTENTIAL TO BE POSITIVE.
YOU COULD LOOK FOR INVESTMENT
ALL OVER THE WORLD REALLY, BUT

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IT COULD BE VERY ADVANTAGEOUS
FOR INDIANA.
>> ABSOLUTELY IN INDIANA
ESPECIALLY THE CENTRAL AREAS IS

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A HOTBED FOR TECHNOLOGY RIGHT
NOW.
THANKS TO ORGANIZATIONS LIKE
TECH POINT, MIKE LINGLE LAYER

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ESPECIALLY WHAT WE'VE SEEN FROM
THE HIGH ELF A TEAM, ERIC
TOBIAS, MIKE FITZGERALD,
CHRISTIAN ANDERSON, INCREDIBLE

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ENERGY AND A LOT OF THINGS GOING
ON AND YOU TAKE THAT AND ADD
ALONG THE IOT LED THAT MAYOR
FADNESS AND SCOTT WEXLER HAVE

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GOTTEN OUT THERE AND IT'S JUST A
CRUCIBLE FOR GREAT THINGS TO
HAPPEN.
>> TALK ABOUT THE FUND AND THE

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INVESTMENTS YOU'VE BEEN LOOKING
FOR.
>> IT'S A VERY TARGETED FUND.
THIS IS THE BRAINCHILD OF OUR

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CEO AND CHAIRMAN.
HISTORICALLY CORPORATE VENTURE
FUNDS HAVE BEEN A LITTLE HEAVY,
IT MAY BE A LITTLE BUREAUCRATIC,

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ONEROUS FOR AN ENTREPRENEUR OR
SMALL BUSINESS.
OUR IDEA WAS BE TOO LIGHTWEIGHT
AND REGARDLESS OF THE STAGE YOU

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ARE IN IN TERMS OF TALKING WITH
US REALLY WANT TO ADD VALUE TO
YOU WHETHER IT'S SHARING A
SPECIAL SKILL THAT WE HAVE IN

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MANUFACTURING, MAKING
CONNECTIONS FOR YOU OR THE LIKE.
FUNDAMENTALLY OUR FOCUS IS ON
PEOPLE AND ASSET FLOW.

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AND IDENTIFYING EMERGING
TECHNOLOGIES THAT CAN HELP US
TELL A BETTER NARRATIVE AROUND
SECURITY AND SAFETY.

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>> AS WE WERE TALKING OF
CAMERA YOU REALLY WANT THIS TO
BE A DIFFERENT FUND.
>> ABSOLUTELY WE ARE

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INTERESTED IN INVESTING IN
COMPANIES THAT YOU CAN SHARE
CORE EXPERTISE.
AND YOU WILL FIND THE CAPITAL

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AND WHAT'S MORE IMPORTANT AS THE
COLLABORATION AND PARTNERSHIP IN
FROM OUR STANDPOINT THE
DISCOVERY.

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THERE'S A LOT OF WAYS THAT
ALLEGIANT CAN WORK WITH YOU.
IT DOESN'T NECESSARILY HAVE TO
BE IN THE FORM OF A CAPITAL

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INFUSION -- ALLEGION ALTHOUGH IF
YOU NEED THAT AND IT'S A GREAT
FIT WE CAN DO THAT.
>> FROM A TIMELINE STANDPOINT

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YOU LAUNCHED THE FUND IN MARCH.
WHAT ARE YOU LOOKING AT FOR YOUR
FIRST INVESTMENT?
>> OUR PIPELINE IS VERY

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ROBUST.
WE'VE HAD REALLY OVER 50
COMPANIES WE'VE HAD
CONVERSATIONS WITH AND SOME HAVE

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BEEN LOCAL.
OBVIOUSLY ALLEGION IS A GLOBAL
COMPANY SO A GREAT BLEND AND
CENTRAL INDIANA HAS SOME

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COMPETITIVE TECHNOLOGY AND VERY
COMPETITIVE ENTREPRENEURS.
>> VERY GOOD WE WILL FOLLOW
THE STORY A 50 MILLION-DOLLAR