High Alpha

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 12, 2026	Bearing	$4.5M Seed	AZ-VC	Lightbank, PHX Ventures
Jan 29, 2026	Datalinx AI	$4.2M Seed	High Alpha	AperiamVentures, Ari Paparo, Arup Banerjee, Berkeley Frontier Fund, Databricks Ventures, Frederic Kerrest
Oct 1, 2025	EvenUp	$150.0M Series E	—	645 Ventures, Gautam Gupta, Kevin Hartz, Accel, Alt Capital, Andreessen Horowitz, Bain Capital Ventures, Bessemer Venture Partners, Bond, DCM, DTCP, Jenny Fielding, Scott Hartley, Forerunner Ventures, Foundry Group, Greylock, Insight Partners, Lightspeed Venture Partners, Maverick Capital, NFX, Ribbit Capital, SignalFire, Thrive Capital, Tribe Capital, Underscore VC, Y Combinator, Aaron Levie, Allison Pickens (Allison Pickens Ventures), Frederic Kerrest, Gokul Rajaram, Howie Liu, Marc Benioff, Matt Macinnis, Mike Liu, Mike Vernal, Scott Belsky
Oct 1, 2025	Cercli	$12.0M Series A	—	Afore Capital, Elevate Ventures, Foundation Capital, Maven Ventures, Picus Capital, TM3 Capital, Y Combinator, Allison Pickens (Allison Pickens Ventures), Amir Farha, Francesco Simoneschi, Karim Atiyeh, Tim Seears, Tony Jamous
Sep 1, 2025	Pimly	$2.0M Venture Round	—	Baird Capital, Bessemer Venture Partners, MassMutual Ventures, Menlo Ventures, Jeff Richards
Sep 1, 2025	DroneDeploy	$15.0M Venture Round	—	AngelPad, Bessemer Venture Partners, Emergence Capital, Scale Venture Partners, The General Partnership, Uncork Capital, XYZ Venture Capital
Sep 1, 2025	Trially	$5.0M Seed	—	Flyover Capital
Sep 1, 2025	Markup AI	$28.0M Series A	—	Costanoa Ventures, Foundry Group, Touchdown Ventures
Aug 1, 2025	Boost My School	$10.0M Series A	—	Allos Ventures, Drive Capital, Openview Venture Partners
Jul 1, 2025	Backstroke	$3.0M Seed	—	Baird Capital, Bessemer Venture Partners, MassMutual Ventures, Menlo Ventures, Jeff Richards
Jul 1, 2025	Kadence	$20.0M Series A	—	Hambro Perks, Kickstart Fund, Frederic Kerrest, Will Martin
Jul 1, 2025	PlayerZero	$5.0M Seed	—	645 Ventures, 8VC, Abstract Ventures, Bennett Siegel, Kevin Hartz, Adverb Ventures, Alchemy Ventures, Alt Capital, Ben Taft's Genius Ventures, Citi Ventures, Craft Ventures, DFJ, DST Global, Expa, Felicis Ventures, First Round Capital, Forerunner Ventures, Foundation Capital, Foundry Group, Fuel Capital, Green Bay Ventures, Greylock, Intel Capital, LGF, Liquid 2 Ventures, Maniv Mobility, Matrix, Maverick Capital, Nyca Partners, Radical Ventures, Scribble Ventures, Seven Seven Six, SignalFire, South Park Commons, SV Angel, Thayer Ventures, Thrive Capital, Toyota Ventures, Two Sigma Ventures, Uncork Capital, Underscore VC, Weekend Fund, WndrCo LLC, Y Combinator, Amjad Masad, Austin Ogilvie, Chris Bennett, Daniel Kan, Deborah Liu, DJ Patil, Drew Houston, Dylan Field, Eric Futoran, Evan Moore, Fidji Simo, Guillaume Luccisano, Guillermo Rauch, Howie Liu, Jacob Kerzner, Jason Kay, Justin Mateen, Kevin Lin, Marc Benioff, Mark Pincus, Mike Abbott, Mike Liu, Mike Vernal, Nate Matherson, Nitay Joffe, Prescott Watson, Quinn Slack, Shishir Mehrotra, Stewart Butterfield, Tobias Lutke, Yan-David Erlich
Jul 1, 2025	StrongestLayer	$5.0M Seed	—	Sorenson Ventures
Jun 1, 2025	Mandolin	$40.0M Series A	—	645 Ventures, CRV, Fika Ventures, Foundry Group, Goat Capital, Greylock, Index Ventures, Khosla Ventures, Kleiner Perkins, Maverick Capital, Saga, Sequoia Capital, SignalFire, The Community Fund, Thrive Capital, Underscore VC, Balaji Srinivasan, Ding Zhou, Guillermo Rauch, Karim Atiyeh, Marc Benioff, Michael Stoppelman, Mike Liu, Scott Belsky, Steve King, Varsha Rao
Jun 1, 2025	Klutch.ai	$8.0M Seed	—	Andreessen Horowitz, Avalanche VC, Bling Capital, BR Capital, Dunce Capital, Equal Ventures, Hyde Park Venture Partners, Lazerow Ventures, Maven 11 Capital, Not Boring Capital, Ravelin Capital, Runa Capital, Tusk Venture Partners, Union Square Ventures, Village Global, Y Combinator, Bradley Horowitz, Kyle Vogt, Trent McConaghy
Apr 1, 2025	Canopy	$70.0M Series C	—	Ankona Capital, Benchmark, Deep Fork Capital, GSR Ventures, Hustle Fund, Kindred Ventures, Matrix, Nyca Partners, Pareto Holdings, Pelion Venture Partners, Louis Beryl
Apr 1, 2025	Outtake	$17.0M Series A	—	10100, 2xN, Kevin Hartz, ACME Capital, Atomic, Benchmark, Cota Capital, Craft Ventures, Matt Ocko, Zachary Bogue, ENIAC Ventures, Expa, First Round Capital, Founder Collective, General Atlantic, Graph Ventures, David Krane, M.G. Siegler, Innovation Endeavors, Shawn Modarresi, K2 Global, Kapor Capital, Kleiner Perkins, LAUNCH, Lead Edge Capital, Long Journey Ventures, Lowercarbon Capital, Menlo Ventures, NextGen Venture Partners, Pelion Venture Partners, Sequoia Capital, Structure Capital, Summit Partners, Techstars, The Hit Forge, Vayner RSE, Babak Nivi, Jay Z, Jeff Bezos, Jeremy Stoppelman, JOHN FANNING, John Kobs, Josh Spear, Khaled Helioui, Megan Quinn, MG Siegler, Scott Banister, Scott Belsky, Shervin Pishevar, Troy Carter
Feb 1, 2025	Ivo	$16.0M Series A	—	Costanoa Ventures, Hoxton Ventures, Powerhouse Ventures, Uncork Capital, Tom Williams
Feb 1, 2025	Saronic	$600.0M Series C	—	8VC, Afore Capital, Andreessen Horowitz, Anorak Ventures, Avalanche VC, Battery Ventures, Bling Capital, BR Capital, Caffeinated Capital, Cherry Ventures, Construct Capital, Countdown Capital, Cubit Capital, CVS Health, Kelly Chen, Dunce Capital, Equal Ventures, Floodgate, Founders Fund, General Catalyst, Hyde Park Venture Partners, IVP, Lazerow Ventures, Lightspeed Venture Partners, Lux Capital, Maven 11 Capital, Not Boring Capital, Picus Capital, Pillar VC, Ravelin Capital, Runa Capital, Saga, Spark Capital, Stash Ventures, Tusk Venture Partners, Union Square Ventures, Village Global, Y Combinator, Bradley Horowitz, Esther Dyson, Harry Hurst, Justin Mateen, Koen Koeppen, Kyle Vogt, Nick Sinai, Rob Meyerson, Trent McConaghy, Yoshua Bengio
Feb 1, 2025	SmartSuite	$13.0M Series A	—	Crosslink Capital, Emergence Capital, Sorenson Ventures, Matt Gorniak
Feb 1, 2025	Arize AI	$70.0M Series C	—	Alumni Ventures, Array Ventures, Battery Ventures, Bloomberg Beta, Blu Venture Investors, C2 Investment, CapitalG, Cornerstone VC, Cyberstarts VC, Elevate Ventures, Episode 1 Ventures, Finch Capital, Foundation Capital, Human Ventures, Innovation Endeavors, Lightspeed Venture Partners, M12, Maven Ventures, Menlo Ventures, Glenn Solomon, Oren Yunger, Predictive VC, Redpoint Ventures, Red Swan Ventures, Seven Seven Six, Swift Ventures, TCV, Thomvest Ventures, TM3 Capital, Trinity Ventures, Unusual Ventures, Y Combinator, Ameet Patel, Amjad Masad, Andrew Nutter, Arash Ferdowsi, Bobby Goodlatte, Damien Lane, Didier Valet, James Hind, Jonathan Wegener, Karim Atiyeh, Lisha Li, Mandeep Singh, Omri Casspi, Sahil Lavingia, Sahin Boydas, Tim Seears
Feb 1, 2025	TaxGPT	$5.0M Seed	—	Andreessen Horowitz, Avalanche VC, Benhamou Global Ventures, Bling Capital, BR Capital, Dunce Capital, Equal Ventures, Hyde Park Venture Partners, LAUNCH, Lazerow Ventures, Maven 11 Capital, Not Boring Capital, Ravelin Capital, Runa Capital, SenseAI Ventures, Tusk Venture Partners, Union Square Ventures, Village Global, Y Combinator, Bradley Horowitz, Krishna Mehra, Kyle Vogt, Trent McConaghy
Nov 1, 2024	PlayAI	$21.0M Seed	—	Ankona Capital, Benchmark, CapitalX, Deep Fork Capital, GSR Ventures, Hustle Fund, Kindred Ventures, Matrix, Nyca Partners, Pareto Holdings, Pelion Venture Partners, Race Capital, Amjad Masad, Dharmesh Shah, Louis Beryl
Nov 1, 2024	Seb AI	$100K Seed	—	Emergence Capital, Forum Ventures, GTMFund, Dan Wright, Jon Runyan
Nov 1, 2024	Blinder	$150K Seed	—	Bread and Butter Ventures, Company Ventures, Forum Ventures, Founders Fund, LAUNCHub Ventures, Allison Barr Allen, Daniel Rothman, Daren Cotter, Todd Ruppert

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at High Alpha.

Senior Financial Analyst

Leadership Team

Key people at High Alpha.

Senior Financial Analyst

Deep Dive

High Alpha is a venture studio and investment firm founded in 2015 in Indianapolis, Indiana, that creates and funds B2B SaaS companies by combining company building with venture capital. Its mission is to partner with founders to accelerate the creation, launch, and scaling of enterprise cloud companies, providing comprehensive operational support including product development, marketing, finance, and talent development. High Alpha focuses primarily on enterprise software sectors such as supply chain, ecommerce, future of work, and healthcare, impacting the startup ecosystem by launching over 40 companies, backing 100+ founders, and creating 900+ jobs, thus transforming the venture-building industry with a hands-on, founder-centric approach[1][2][3][4].

High Alpha was founded by Scott Dorsey, Eric Tobias, Kristian Andersen, and Mike Fitzgerald—entrepreneurs and longtime collaborators with extensive experience in venture-backed startups. The firm evolved from their shared vision to support entrepreneurs more effectively by uniting venture capital with operational company building. Since its inception, High Alpha has expanded its studio and capital activities, raising multiple funds, making acquisitions, and forming strategic partnerships such as with Purdue University. This evolution reflects a growing focus on enterprise SaaS and a commitment to accelerating startups from idea to exit[2][4].

Core Differentiators

Unique Investment Model: High Alpha combines venture capital investment with an embedded venture studio that co-creates companies alongside founders, offering operational resources from product design to HR[1][6].
Network Strength: The firm leverages a strong network of founders, investors, and corporate partners, including strategic alliances like the one with Purdue University[2].
Track Record: Over 40 studio companies launched, 100+ founders backed, multiple acquisitions, and consistent fundraises demonstrate a proven ability to build and scale startups[2][7].
Operating Support: Dedicated teams provide product development, marketing, go-to-market strategy, finance, legal, and talent acquisition support, accelerating time to market and growth[1][6].

Role in the Broader Tech Landscape

High Alpha rides the growing trend of enterprise SaaS and cloud-based software solutions, addressing increasing demand for digital transformation across industries. The timing is favorable due to accelerating cloud adoption, AI integration, and the need for scalable, efficient business software. By blending venture capital with hands-on company building, High Alpha influences the ecosystem by reducing startup risk, speeding innovation cycles, and fostering a collaborative environment that bridges founders and investors. This model challenges traditional venture capital approaches and helps shape the future of enterprise software entrepreneurship[1][3][6].

Quick Take & Future Outlook

Looking ahead, High Alpha is poised to deepen its focus on enterprise SaaS, leveraging its recent $125 million fund to back and build more startups in high-growth sectors like AI security, supply chain, and workplace operations. Trends such as generative AI and hybrid work solutions will likely shape its portfolio and strategic initiatives. As the venture studio model gains traction, High Alpha’s influence may expand beyond Indianapolis to become a national or global leader in venture building, continuing to redefine how startups are created and scaled in the enterprise software space[2][3][7].

This integrated approach to venture creation and funding positions High Alpha uniquely to help founders go faster and further, fulfilling its founding vision to transform entrepreneurship in the enterprise SaaS domain.

Sources

Core Differentiators

Unique Investment Model: High Alpha combines venture capital investment with an embedded venture studio that co-creates companies alongside founders, offering operational resources from product design to HR[1][6].
Network Strength: The firm leverages a strong network of founders, investors, and corporate partners, including strategic alliances like the one with Purdue University[2].
Track Record: Over 40 studio companies launched, 100+ founders backed, multiple acquisitions, and consistent fundraises demonstrate a proven ability to build and scale startups[2][7].
Operating Support: Dedicated teams provide product development, marketing, go-to-market strategy, finance, legal, and talent acquisition support, accelerating time to market and growth[1][6].