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Pentathlon Ventures

vc$255MCo-investsLeads rounds

◆ Fund Size

$255M

◆ Check Size

$1.0M→$1.5M

◆ Location

United States

◆ Portfolio

10 companies

◆ Activity

Statusactively investing

◆ Links

◆ Share this fund

◆ Investment Thesis

Overlooked founders offer some of the most unique growth opportunities in the market. Talent is everywhere. Capital isn't. NCTF invests capital and conviction in underrepresented, under-resourced entrepreneurs of color building scalable, early- to mid-stage companies across Michigan—staying close enough to help great companies grow by opening doors to customers, talent, and the relationships that turn a good company into a great one.

◆ About Pentathlon Ventures

New Community Transformation Fund (NCTF) is a venture capital fund backed by two deployed funds, with over 10 companies backed across Michigan. Founded by Skot Welch and Birgit Klohs, NCTF is the only fund in West Michigan to receive a $9.8M commitment from the Michigan Strategic Fund (MSF). It is not a grant or charity but a real fund pursuing strong, risk-adjusted returns alongside measurable community impact. NCTF partners with founders from pre-seed through Seed+/Series A, surrounding every company with mentors, customers, and resources through relationships including The Right Place.

◆ Sectors

Enterprise SoftwareGenerative AIFintechCybersecurityLogistics Tech

◆ Stages

seed

◆ Geography Focus

India

◆ Team

NameTitleRoleLinks
Abid AliManaging Director & Principal, NCTF Board MemberBoard Memberin
AshokManaging Partner—
Birgit KlohsPartner and Co-Founder, NCTF Board Executive ChairPartnerin
Christal JacksonFounder, NCTF Board MemberBoard Memberin
Garrick RochowPartner, NCTF Board MemberBoard Memberin
Kwame AnkuPartner, NCTF Board MemberBoard Memberin
Ron Hall Jr.President & CEO, NCTF Board MemberBoard Memberin
Skot WelchPartner and Co-FounderPartnerin
Steve JandernoaPartner, NCTF Chair, Ex OfficioBoard Chair (Ex Officio)in
Vivian PickardPresident & CEO, NCTF Board MemberBoard Memberin

◆ Tracked Investments

◆ Notable Investments

OPNRHummus GoodnessFunctional FluidicsHOLO FootwearSuperProcureIntelliThinkTreZixVodexCerebryClearTrustExtraaEdgeTurboHireDistaDOQFY

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does Pentathlon Ventures invest in?

Pentathlon Ventures invests in Enterprise Software, Generative AI, Fintech, Cybersecurity and Logistics Tech at the seed stage.

Which geographies does Pentathlon Ventures focus on?

Pentathlon Ventures focuses on India, and is headquartered in United States.

What is Pentathlon Ventures's typical check size?

Pentathlon Ventures typically writes checks of $1M to $1.5M.

Which startups has Pentathlon Ventures backed?

Pentathlon Ventures has 1 tracked investment on Fusion42, including Revspot.