Allegion Ventures

Allegion Ventures is the corporate venture capital arm of Allegion, a Fortune 500 global leader in security products and solutions headquartered in Dublin, Ireland. Launched in March 2018 with a $50 million Fund I and subsequently expanded with a $100 million Fund II, the firm has deployed $150 million across two vehicles to invest in innovative technology and software bridging physical and digital security. President Rob Martens, who also serves as Allegion's Head of External Partnering and Global Futurist, leads the strategic direction, alongside Managing Director Bobby Prostko and Principal John Goodwin. Allegion Ventures targets seed through Series B investments with check sizes of $1 million to $15 million, focusing on IoT and data security, building analytics, construction lifecycle management, property management, and access control — sectors where the parent company has deep domain expertise. The portfolio of 19 companies includes Openpath (access control), HqO (workplace experience), Robin (workplace management), Pindrop (voice security), VergeSense (spatial intelligence), Ambient.ai (computer vision security), and Asylon (drone security). The fund is managed in partnership with Touchdown Ventures, which assists several Fortune 500 corporate VCs. Allegion Ventures backs solutions that make security and access smarter, stronger, faster, and less intrusive. Portfolio companies gain access to Allegion's global distribution channels, deep technology expertise in physical security, and an established customer base spanning commercial real estate, hospitality, healthcare, and institutional environments — advantages that create meaningful go-to-market acceleration for startups in the built environment security space.