High Alpha

What is High Alpha?

High Alpha stands as a distinguished venture firm specializing in B2B SaaS (Software as a Service) with a venture studio base situated in Indianapolis, Indiana. Their focus is on creating and scaling companies within the B2B SaaS arena, partnering with founders to foster businesses that realize their utmost potential.

They are keen on identifying and investing in enterprise software opportunities which display a subscription-based revenue model, demonstrating commitment to ongoing value for businesses. High Alpha is particularly interested in fresh-tech applied to longstanding problems in fields such as cloud services and infrastructure, logistics and distribution, future of work, and blockchain technologies.

However, they tend to exclude consumer internet, e-commerce, games, and dating apps from their investment scope. Their investment strategy is comprehensive; not only do they engage in company creation through their studio but also bolster exceptional SaaS companies externally via their $110 million fund.

For outside investments, they target operations and sales within the U.S. and Canada, catering to financing rounds ranging from pre-seed to Series B. High Alpha tailors their investments to align with their desired check sizes, generally between $1-5 million, and positions themselves as potential leading investors, but also remains open to co-investments or syndicate participation.

With a flexible investment range of $100,000 to $5,000,000 and a sweet spot at $1,500,000, High Alpha has cultivated an expansive portfolio, reflecting their breadth in seed to series A specializations. Their investments touch on various sub-segments including web marketplaces, business solutions, sales and marketing software, and even sectors with a focus on women.

This encapsulates a comprehensive investment thesis dedicated to innovation and growth in the enterprise software space.

What they say:

We invest in B2B SaaS.

High Alpha is an Indianapolis-based venture studio, focusing on company creation and scale in the B2B SaaS space. High Alpha Capital is where we make external investments (outside of our studio) from our $110M fund into companies with sales and operations in the US & Canada, raising pre-seed through Series B financings, looking for average check sizes between $1-5M. Within B2B SaaS, we're generally agnostic, but have quite a few investments in ecommerce, supply chain & logistics, future of work, enterprise software and more. We typically like to lead, but will also co-invest or invest as part of a syndicate.