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Ivan Alo

Managing Partner at New Age Capital

Ivan Alo is the Co-Founder and Managing Partner of New Age Capital, a thesis-driven seed stage venture capital firm founded in 2016.12 New Age Capital focuses on investing in tech and tech-enabled startups founded and led by Black and Latino entrepreneurs.12

Professional Background

  • New Age Capital: Co-founded in 2016 with LaDante McMillon15
  • Lightspeed Venture Partners: Served as Scout Ambassador (September 2020 - Present) and Investment Scout (September 2018 - September 2020)1
  • CNERGY Inc: Business Development & Strategy (July 2018 - June 2020)1
  • TIAA-CREF: Analyst, Domestic Portfolio Management, Global Real Estate (August 2013 - June 2017)1

Education

  • Bachelor of Science in Finance from Boston College16
  • Studied abroad at Venice International University1

Achievements

  • Named in Forbes 30 Under 30 for Venture Capital in 202014

Investment Philosophy

New Age Capital aims to invest in companies with a product already in the market, at least six months of traction, and revenue.2 They typically invest $750K-$1M at the seed stage.26 Alo and his firm prioritize building relationships with founders well in advance of their need for capital, often fostering connections for 6 months to 2 years before investing.3

Ivan Alo and his partner have positioned New Age Capital as the "people's VC," focusing on representation and empathy for the experiences of Black and Latino entrepreneurs.5 Their mission is to create and support a world where people of all backgrounds have access to new ideas and opportunities through technology.1

Highlights

Oct 7 · mercury.com
Ivan Alo | Investor Database - Mercury Bank
May 1 · signal.nfx.com
Ivan Alo's Investing Profile - New Age Capital Managing Partner
Feb 22 · ventureforward.org
Spotlight on Black emerging managers: Ivan Alo and LaDante ...
Spotlight on Black emerging managers: Ivan Alo and LaDante ...
Dec 9 · vcsheet.com
Ivan Alo (New Age Capital) / VC Breakdown & Contact
May 11 · CNN
She was tired of seeing Black stereotypes on TV. So she started her own streaming service - CNN
May 11 · Forbes
BLCK VC Launches Scout Program With Lightspeed, Sequoia To Support More Black Investors - Forbes
Jan 1 · newage.vc
About - New Age Capital
About - New Age Capital

Related Questions

What are some notable investments made by New Age Capital?
How did Ivan Alo and LaDante McMillon meet?
What is the investment strategy of New Age Capital?
How does New Age Capital support the startups it invests in?
What are the key sectors Ivan Alo focuses on for investments?
Ivan Alo
Ivan Alo, photo 1
Ivan Alo, photo 2
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Location

Brooklyn, New York, United States