High Alpha Capital closes $110M venture fund
INDIANAPOLIS (Inside INdiana Business) — Indianapolis-based High Alpha Capital has closed on a $110 million fund to help support new entrepreneurs who want to make their mark with cloud-based technology. This was the third fund the venture has launched and together, they account for $215 million.
The software-focused venture firm says the new fund will allow it to invest in pre-Seed, seed and Series A rounds.
“High Alpha Capital III provides us with an incredible opportunity to further our mission of supporting early-stage software entrepreneurs who are shaping the future through technology. We pride ourselves on bringing entrepreneurial empathy and an operator’s mindset to each portfolio company that our team is privileged to support,” said High Alpha Managing Partner Scott Dorsey, who leads the organization with Kristian Andersen, Eric Tobias and Mike Fitzgerald.
Previous investments made by High Alpha Capital include companies such as Attentive, SalesLoft, Zylo, Terminus, The Mom Project, Lessonly, LogicGate, MetaCX, and Socio, among others.
The new venture fund is affiliated with Indianapolis-based High Alpha Studio which co-founds and launches new software companies. High Alpha Capital invests in both High Alpha Studio companies and outside entrepreneurs.
High Alpha also recently completed a new 42,000 square foot office and community space in Indianapolis’s Bottleworks District, which the business hopes to become a primary hub for entrepreneurship in the Midwest.