Investments
114Portfolio Exits
23Funds
9Service Providers
1Latest Ludlow Ventures News
Nov 17, 2023
Workshop , an Omaha, NE-based provider of an email platform for internal communications, raised $12M in Series A funding. The round was led by McCarthy Capital with participation from Ludlow Ventures and M25. The company intends to use the funds to accelerate the innovation of its solution for internal email, recruit additional talent for the engineering team, scale its go-to-market efforts, including expand sales and marketing and reinforcing the customer success team with additional support. Co-founded in 2020 by Rick Knudtson (former co-founder of Flywheel), Ben Stevinson, and Derek Homann (former founders of Median), Workshop is a platform that is dedicated to create, send, and measure employee emails and branded internal communications across distributed teams. It’s intentionally built for internal use, with drag-and-drop templates, automatically updated distribution lists, and valuable engagement data. It also integrates with all of the internal communication channels, including Slack, Sharepoint, SMS, Microsoft Teams, and more. The tool is used by Fortune 500 companies and name-brand organizations worldwide, including Papa John’s, Steve Madden, Edelman Financial, Northern Tool, Movement Mortgage, and more. FinSMEs
Ludlow Ventures Investments
114 Investments
Ludlow Ventures has made 114 investments. Their latest investment was in Workshop as part of their Series A on October 10, 2023.
Ludlow Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/30/2023 | Series A | Workshop | $12M | No | 3 | |
9/21/2023 | Seed VC | Mona Lee | $3.25M | Yes | Coalition Operators, Pags Group, Palm Tree Crew Crypto, Plug and Play Ventures, Shrug Capital, and Undisclosed Investors | 2 |
7/10/2023 | Seed VC - II | Hona | $2.1M | Yes | Soma Capital, and Y Combinator | 1 |
3/16/2023 | Series A | |||||
9/19/2022 | Seed VC |
Date | 10/30/2023 | 9/21/2023 | 7/10/2023 | 3/16/2023 | 9/19/2022 |
|---|---|---|---|---|---|
Round | Series A | Seed VC | Seed VC - II | Series A | Seed VC |
Company | Workshop | Mona Lee | Hona | ||
Amount | $12M | $3.25M | $2.1M | ||
New? | No | Yes | Yes | ||
Co-Investors | Coalition Operators, Pags Group, Palm Tree Crew Crypto, Plug and Play Ventures, Shrug Capital, and Undisclosed Investors | Soma Capital, and Y Combinator | |||
Sources | 3 | 2 | 1 |
Ludlow Ventures Portfolio Exits
23 Portfolio Exits
Ludlow Ventures has 23 portfolio exits. Their latest portfolio exit was Punchlist on November 14, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/14/2023 | Acquired | 1 | |||
7/6/2023 | Acquired | 9 | |||
4/10/2023 | Corporate Majority | 1 | |||
Date | 11/14/2023 | 7/6/2023 | 4/10/2023 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Corporate Majority | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 9 | 1 |
Ludlow Ventures Fund History
9 Fund Histories
Ludlow Ventures has 9 funds, including Ludlow Ventures Detroit III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/5/2021 | Ludlow Ventures Detroit III | $65M | 1 | ||
4/5/2019 | Ludlow Ventures Detroit II-A | ||||
3/21/2019 | Ludlow Ventures Detroit III | ||||
12/31/2018 | Ludlow Ventures Detroit II | ||||
7/3/2017 | Ludlow Ventures Detroit I |
Closing Date | 1/5/2021 | 4/5/2019 | 3/21/2019 | 12/31/2018 | 7/3/2017 |
|---|---|---|---|---|---|
Fund | Ludlow Ventures Detroit III | Ludlow Ventures Detroit II-A | Ludlow Ventures Detroit III | Ludlow Ventures Detroit II | Ludlow Ventures Detroit I |
Fund Type | |||||
Status | |||||
Amount | $65M | ||||
Sources | 1 |
Ludlow Ventures Service Providers
1 Service Provider
Ludlow Ventures has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Counsel | General Counsel |
Service Provider | |
|---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type | General Counsel |
Partnership data by VentureSource
Ludlow Ventures Team
3 Team Members
Ludlow Ventures has 3 team members, including current Managing Partner, Jonathon Triest.
Name | Work History | Title | Status |
|---|---|---|---|
Jonathon Triest | Managing Partner | Current | |
Name | Jonathon Triest | ||
|---|---|---|---|
Work History | |||
Title | Managing Partner | ||
Status | Current |
Loading...