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Formidable Asset Management is a Cincinnati, Ohio-based investment management firm that builds and manages financial portfolios for both individual and institutional clients. Operating as a registered investment adviser with the United States SEC, the firm employs alternative hedge fund strategies, including long/short equity approaches, to manage market exposure. The organization also provides comprehensive financial planning consulting and specialized advisory services to its client base through its proprietary Numovo Program. Operating with a dedicated team of approximately 20 employees, the firm has successfully more than doubled its total assets under management under its current executive leadership. The organization maintains strong ties to the local civic and entrepreneurial ecosystem through involvement with the Cincinnati Mayor's Task Force on Immigration and the technology startup Joey. Formidable Asset Management was founded in 2013 by chief executive officer and managing partner Will Brown.
Formidable Asset Management has 2 tracked investments across 2 companies. The latest tracked deal is $9.0M Series A in Owl's Brew in September 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 25, 2021 | Owl's Brew | $9.0M Series A | Formidable Asset Management | Jeannie MAI, Keleigh Teller, SAM Taylor Johnson, Cambridge Companies SPG, Connecticut Innovations, Tidal River, Wheelhouse |
| Nov 5, 2019 | Imbed Biosciences | $4.0M Series A Extension | Formidable Asset Management | Wisc Partners |