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High Alpha is a venture capital firm founded in 2015 and based in Indianapolis, Indiana. The firm specializes in creating and funding B2B SaaS companies, partnering with founders to help them realize their full potential. Established by Scott Dorsey, Eric Tobias, Kristian Andersen, and Mike Fitzgerald, High Alpha leverages their extensive experience in entrepreneurship and venture-backed startups to support its portfolio companies.
As of now, High Alpha manages a fund size of $110 million and has launched over 40 companies. The firm employs a hybrid model that combines a venture studio with traditional venture funding, allowing it to create companies from scratch while also investing in external startups. High Alpha has been recognized as Indiana's largest VC fund at the time of its close, marking a significant milestone in its growth.
High Alpha's notable milestones include being named to TIME's inaugural list of America's Top Venture Capital Firms in 2025, highlighting its reputation and influence in the venture capital landscape. The firm operates primarily in North America and has a diverse LP base, including Foundry and Emergence Capital, both of which are top-tier enterprise software VCs.
High Alpha invests in enterprise software companies across North America, focusing on sectors such as SaaS, agtech, healthcare, and logistics. The firm employs three distinct investment strategies: Anchor, Co-Invest, and Studio. The Anchor strategy involves leading Seed to Series A financings, while Co-Invest allows High Alpha to participate alongside trusted lead investors in Seed, Series A, and Series B rounds. The Studio strategy focuses on investing in proprietary opportunities launched from High Alpha Studio, enabling the firm to create companies from the ground up.
The firm emphasizes a hands-on approach to company building, combining operational expertise with investment to support founders throughout their journey. High Alpha seeks to partner with founders who demonstrate strong vision and execution capabilities, providing not just capital but also strategic guidance and resources to help them scale their businesses effectively.
High Alpha has launched and funded over 40 companies, showcasing a diverse portfolio that includes notable names such as:
In addition to these current portfolio companies, High Alpha has achieved notable exits with companies like Sigstr, acquired by Terminus in 2019, and Octiv, a sales platform. The firm's focus on B2B SaaS is evident through its investments in companies that address various needs within enterprise software, from sales enablement to marketing technology.
Scott Dorsey: Co-Founder and Managing Partner. Former CEO of ExactTarget, which was acquired by Salesforce for $2.5 billion in 2013. Dorsey has extensive experience in entrepreneurship and venture-backed startups.
Eric Tobias: Co-Founder and Operating Partner. Also a former executive at ExactTarget, Tobias brings significant operational expertise to High Alpha.
Kristian Andersen: Co-Founder and Partner. Andersen has a strong background in venture capital and entrepreneurship, contributing to High Alpha's strategic direction.
Mike Fitzgerald: Co-Founder and Partner. Fitzgerald, another ExactTarget alumnus, plays a key role in High Alpha's investment strategy.
Blake Koriath: Partner and Chief Financial Officer. Koriath oversees financial operations and strategy at High Alpha.
Ashley Blevins: Director of HR and Talent. Blevins manages talent acquisition and organizational development within the firm.
Eric Goodman: VP, General Counsel. Goodman provides legal oversight and guidance for High Alpha's operations.
Jon Hubartt: VP, Design & Product. Hubartt focuses on product development and design strategies for portfolio companies.
Mollie Kuramoto: Director of Marketing. Kuramoto leads marketing initiatives and brand strategy for High Alpha.
To pitch to High Alpha, founders should visit their contact page at High Alpha's contact page. The firm prefers direct outreach and encourages founders to include a clear overview of their business, market opportunity, and team in their pitch deck. High Alpha values concise and informative presentations that highlight key metrics and growth potential.
Response times may vary, but founders can expect to hear back within a reasonable timeframe after submitting their pitch. High Alpha appreciates warm introductions but is open to direct applications as well.
In March 2025, High Alpha was named to TIME's inaugural list of America's Top Venture Capital Firms, marking a significant recognition for the firm as the only Indiana-based firm on the list.
In 2021, High Alpha raised $110 million for its third fund, making it Indiana's largest VC fund at the time of its close. This fund is part of a broader strategy that includes a revamped venture studio, which has raised over $100 million separately.
High Alpha has been actively launching and funding companies, with a portfolio exceeding 40 companies, including notable investments in Lessonly and Salesloft.
What are High Alpha's investment criteria?
High Alpha primarily invests in B2B SaaS companies at the Seed, Series A, and Series B stages. The firm looks for founders with strong vision and execution capabilities, particularly in sectors such as agtech, healthcare, logistics, and enterprise software.
How can I apply or pitch to High Alpha?
Founders can pitch to High Alpha by visiting their contact page at High Alpha's contact page. The firm encourages direct outreach for potential investment opportunities.
What makes High Alpha different from other venture firms?
High Alpha combines a venture studio model with traditional venture funding, allowing them to create companies from scratch while also investing in external startups. This unique approach provides portfolio companies with access to operational expertise and resources beyond just capital.
What is High Alpha's geographic scope?
High Alpha primarily focuses on investments in North America, targeting enterprise software companies across various sectors.
What is the typical check size for investments?
High Alpha typically invests between $1 million and $5 million in its portfolio companies, aligning with its focus on Seed to Series B stages.
What kind of post-investment involvement does High Alpha have?
High Alpha takes a hands-on approach to support its portfolio companies, providing strategic guidance, operational expertise, and resources to help founders scale their businesses effectively.
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