Brad Kelsheimer

Chief Financial Officer at LDI, Ltd.

📍 Greater Indianapolis, United States🔄 Updated September 2026💼 6 investments📅 25 years investing🗓 Last invested Nov 2024
VC🌍 United States
6
Total investments
0
Early stage
2
Mid stage
2
Late stage
25y
Years active

Portfolio

4 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Nov 2024
The global leader in sustainable, recycled rubber barriers made from waste tires. Currently, the top two uses for waste tires are burning and burying them. Innovation: We have a better solution. Pretred recycles and repurposes waste tires into industrial barriers and blocks. Our patented, green alternative offers superior benefits, competitive pricing, and solid margins. Closed-Loop Capacity: We recycle 60 waste tires for every 6-foot barrier we make. One-mile of barriers can reuse 52,800 tires and one manufacturing facility can use up to 3 million waste tires per year. Our barriers are 95% recycled material and 100% recyclable. Our goal is to establish multiple facilities that will recycle billions of pounds of waste tires every year. Environmental Problems: Waste tires have one of the worst recycling records. 300 million waste tires are created in the U.S. annually. Colorado is home to a 60 million waste tires dump (largest in U.S.). Founder: Eric Davis Co-Founders: Ricke Welle, Jeff Olson
mid stageManufacturing
Board Observer
Sep 2019
As the leading provider of impact-driven mentoring programs, we partner with 180+ higher education institutions to provide all students with a relevant, trained peer, professional, or alumni mentor. Our partner institutions have seen an average reduction in melt rates of -13.79% and an average effect on retention of +3.84%, with a total of more than 250,000 mentorships created since our inception in 2015. Mentor Collective is the industry-leading provider of mentoring programs and voted one of BuiltIns 100 Best Remote-First Places to Work! Were proud to be backed by mission-driven investors including Lumina Foundation and Resolve Growth Partners. MC is hiring! See here: https://www.builtinboston.com/company/mentor-collective/jobs
Board Observer
2018
Our mission is to help everyone connected to incarceration build better lives. Offering the largest library of educational, vocational and social-emotional learning programming in the industry, behavior management tools for facilities, and communication tools for incarcerated individuals, Edovo fosters a culture of rehabilitation while providing staff with the tools to streamline facility operations and engage their incarcerated population. Edovo's unique incentive system uses entertainment as a motivator, and has led to an industry leading 80%+ week to week user engagement, more than double the industry average. Learners can take courses at their own pace, making the system ideal for all kinds of learning styles. Edovo is committed to closing the programming gap behind bars, decreasing recidivism and improving opportunities for those who are affected by incarceration. We provide free access to meaningful education and increased communication with external support systems to better prepare incarcerated people for re-entry and improve public safety. Our goals are to reduce communication rates and fees across the industry, lower the national recidivism rate, make reentry easier on people who were incarcerated, and for every person who uses Edovo to be able to create opportunities for themselves and others. Some background information: Costs • Over $80B is spent annually on jails and prisons at the county, state, and federal level • An additional $175B is spent annually on the courts and police required to support jails and prisons Recidivism • More than 50% of those incarcerated will return to jail or prison after release Education • Participation in educational programming reduces recidivism by 43% Communication • Incarcerated people who are able to connect with support networks while incarcerated have better success after being released. Savings • Investment of $1 in educational programming will save taxpayers $5
mid stageE-learning
Board Member/Investor
2009
InfraWare believes that people deserve to be enabled to deliver their most amazing performance. The value of their time, the dignity of their work, and the importance of the professional outcomes demand it. We innovate and continuously improve A.I. to leverage human performance by providing machine-assisted content production in highly regulated environments where repetitive documentation is important but burdensome, including transcription, court reporting and property valuation.
Experience · 9 entries
All (9)
Investments (6)
Board (5)
2024
Board Member
Nov 2024
The global leader in sustainable, recycled rubber barriers made from waste tires. Currently, the top two uses for waste tires are burning and burying them. Innovation: We have a better solution. Pretred recycles and repurposes waste tires into industrial barriers and blocks. Our patented, green alternative offers superior benefits, competitive pricing, and solid margins. Closed-Loop Capacity: We recycle 60 waste tires for every 6-foot barrier we make. One-mile of barriers can reuse 52,800 tires and one manufacturing facility can use up to 3 million waste tires per year. Our barriers are 95% recycled material and 100% recyclable. Our goal is to establish multiple facilities that will recycle billions of pounds of waste tires every year. Environmental Problems: Waste tires have one of the worst recycling records. 300 million waste tires are created in the U.S. annually. Colorado is home to a 60 million waste tires dump (largest in U.S.). Founder: Eric Davis Co-Founders: Ricke Welle, Jeff Olson
mid stageManufacturing
2019
Board Observer
Sep 2019
As the leading provider of impact-driven mentoring programs, we partner with 180+ higher education institutions to provide all students with a relevant, trained peer, professional, or alumni mentor. Our partner institutions have seen an average reduction in melt rates of -13.79% and an average effect on retention of +3.84%, with a total of more than 250,000 mentorships created since our inception in 2015. Mentor Collective is the industry-leading provider of mentoring programs and voted one of BuiltIns 100 Best Remote-First Places to Work! Were proud to be backed by mission-driven investors including Lumina Foundation and Resolve Growth Partners. MC is hiring! See here: https://www.builtinboston.com/company/mentor-collective/jobs
2018
Board Observer
2018
Our mission is to help everyone connected to incarceration build better lives. Offering the largest library of educational, vocational and social-emotional learning programming in the industry, behavior management tools for facilities, and communication tools for incarcerated individuals, Edovo fosters a culture of rehabilitation while providing staff with the tools to streamline facility operations and engage their incarcerated population. Edovo's unique incentive system uses entertainment as a motivator, and has led to an industry leading 80%+ week to week user engagement, more than double the industry average. Learners can take courses at their own pace, making the system ideal for all kinds of learning styles. Edovo is committed to closing the programming gap behind bars, decreasing recidivism and improving opportunities for those who are affected by incarceration. We provide free access to meaningful education and increased communication with external support systems to better prepare incarcerated people for re-entry and improve public safety. Our goals are to reduce communication rates and fees across the industry, lower the national recidivism rate, make reentry easier on people who were incarcerated, and for every person who uses Edovo to be able to create opportunities for themselves and others. Some background information: Costs • Over $80B is spent annually on jails and prisons at the county, state, and federal level • An additional $175B is spent annually on the courts and police required to support jails and prisons Recidivism • More than 50% of those incarcerated will return to jail or prison after release Education • Participation in educational programming reduces recidivism by 43% Communication • Incarcerated people who are able to connect with support networks while incarcerated have better success after being released. Savings • Investment of $1 in educational programming will save taxpayers $5
mid stageE-learning
2017
CFO, Vice President of Finance and Investments
Jun 2017
Lumina Foundation is an independent, private foundation committed to making opportunities for learning beyond high school available to all. The Foundation envisions a system that is easy to navigate, delivers fair results, and meets the nation’s need for talent through a broad range of credentials. Our goal is to prepare people for informed citizenship and success in a global economy.
2009
Board Member/Investor
2009
InfraWare believes that people deserve to be enabled to deliver their most amazing performance. The value of their time, the dignity of their work, and the importance of the professional outcomes demand it. We innovate and continuously improve A.I. to leverage human performance by providing machine-assisted content production in highly regulated environments where repetitive documentation is important but burdensome, including transcription, court reporting and property valuation.
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Investment activity
2001–2024 · 6 investments
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