Ludlow Management Group, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- HQ
- MI
Ludlow Management Group, LLC is Ludlow Ventures, an early-stage venture firm established in 2010. The firm backs founders early and builds its approach around people, since it believes that at the early stages the people matter most. Ludlow is run by Jonathon Triest, Brett deMarrais and Lindsay Daugherty, who have been backing founders since 2010.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Seed, Series A |
| Sectors | Not stated | Not enough dated deals | Media, Ecommerce, Consumer, Enterprise SaaS, Logistics |
| Regions | Not stated | Not enough dated deals | CA, NY |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2011 | 6 | Media, Enterprise SaaS, Fintech |
| 2012 | 10 | Media, Ecommerce, Consumer |
| 2013 | 12 | Media, Ecommerce, Logistics |
| 2014 | 17 | Media, Consumer, Ecommerce |
| 2015 | 20 | Fintech, Media, Consumer |
| 2016 | 14 | Media, Consumer, AI applications |
| 2017 | 6 | Devtools, Biotech, Ecommerce |
| 2018 | 9 | Ecommerce, Logistics, AI applications |
| 2019 | 12 | Consumer, Ecommerce, Logistics |
| 2020 | 6 | Enterprise SaaS, Gaming, Hardware |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2011 | 0 | 4 | 2 | 0 | 0 |
| 2012 | 0 | 7 | 1 | 0 | 0 |
| 2013 | 0 | 6 | 5 | 0 | 0 |
| 2014 | 0 | 11 | 3 | 1 | 0 |
| 2015 | 0 | 14 | 4 | 0 | 0 |
| 2016 | 0 | 9 | 4 | 0 | 0 |
| 2017 | 1 | 1 | 1 | 2 | 0 |
| 2018 | 0 | 7 | 1 | 0 | 0 |
| 2019 | 5 | 2 | 4 | 0 | 0 |
| 2020 | 0 | 5 | 0 | 1 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Ludlow Ventures Detroit V LP Ludlow Ventures is an early-stage venture firm that backs founders early. It believes people matter most at the early stages, and it meets exceptional founders, builds real relationships with them, and backs those who feel inevitable. Inferred from the firm's website | approx. 2026 | $60M (Form D) | Raising |
| Ludlow Ventures Detroit IV LP Ludlow Ventures is an early-stage venture firm that backs founders early. It believes people matter most at the early stages, and it meets exceptional founders, builds real relationships with them, and backs those who feel inevitable. Inferred from the firm's website | approx. 2023 | $65M (Form D) | Open, writing first checks |
| Ludlow Ventures Detroit III LP | approx. 2021 | $65M (Form D) | Follow-ons only |
03 · People across funds
- Blake Robbins, Managing Director of the General Partner of the Issuer
Ludlow Ventures Detroit III LP (Named on Form D)
- Brett deMarrais
Ludlow Ventures Detroit V LP (Named on Form D); Ludlow Ventures Detroit IV LP (Named on Form D); Ludlow Ventures Detroit III LP (Named on Form D)
- Jonathon Triest
Ludlow Ventures Detroit V LP (Named on Form D); Ludlow Ventures Detroit IV LP (Named on Form D); Ludlow Ventures Detroit III LP (Named on Form D)
- Lindsay Daugherty
Ludlow Ventures Detroit V LP (Team); Ludlow Ventures Detroit IV LP (Team); Ludlow Ventures Detroit III LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026