
High Alpha
Investments
123Portfolio Exits
19Funds
8Partners & Customers
5About High Alpha
High Alpha, based in Indianapolis, Indiana, is a venture studio focused on conceiving, launching, and scaling next generation enterprise cloud companies. High Alpha is comprised of High Alpha Studio and High Alpha Seed. High Alpha Studio creates, operates and supports new companies by providing a blend of services including: product development, sales and marketing, finance, brand and design, and talent development. High Alpha Seed invests in High Alpha Studio companies and other emerging enterprise cloud companies. The combination of High Alpha Studio and High Alpha Seed represents a new model for entrepreneurship that seeks to help companies reduce friction, increase velocity, and achieve enterprise scale.

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Latest High Alpha News
Sep 22, 2023
September 15, 2023 High Alpha moved its headquarters into Mass Ave’s Bottleworks District, becoming the development’s first tenant. (IBJ photo/Lesley Weidenbener) Venture studio High Alpha and fellow Indianapolis firm Engineered Innovation Group have formed a partnership whose goals include helping High Alpha more quickly integrate artificial intelligence into its portfolio companies. As part of the partnership, which was announced this week, High Alpha is making what it describes as a “strategic investment” into EIG, although both firms declined to reveal the amount of that investment. This represents the first outside investment for EIG, which until now has been self-financed. EIG is a software development and consulting firm launched by Jake Miller, a former software engineer at ExactTarget and Salesforce. After leaving Salesforce in 2018, Miller worked with fellow ExactTarget/Salesforce alum and tech entrepreneur Scott McCorkle to launch MetaCX, a tech startup that now does business as MetaImpact. Miller left MetaCX in late 2021 to launch EIG. The firm currently has 34 employees, half Indianapolis-based and half remote, and has another seven open positions for which it’s actively recruiting. To date, EIG has served 20 clients, including a number of High Alpha’s portfolio companies. EIG designs, builds and deploys business-to-business software products for its clients, and the firm has particular expertise in emerging technologies such as AI. High Alpha’s expertise is in conceiving, funding, launching and growing business-to-business software firms. By working together, EIG and High Alpha say they can combine their areas of expertise and potentially speed up the process of launching new startups. Through its work with clients, Miller said, EIG routinely uncovers new business ideas that it can now bring to High Alpha. EIG also offers the expertise in designing and building business-to-business software—a product that is at the heart of all High Alpha’s portfolio companies. For its part, High Alpha has the capital and the expertise it takes to build and launch startups. “It just makes sense for us to bring those two [areas of expertise] together, sort of like the end-to-end experience of starting a company,” Miller said. High Alpha Partner Eric Tobias offered a similar take, telling IBJ via email that the partnership “… provides High Alpha with access to remarkable technical acumen and a pipeline of new venture opportunities to explore.” Tobias said EIG can also help High Alpha’s existing portfolio companies accelerate their adoption of AI and the other emerging technologies in which EIG has expertise. As part of the partnership, Tobias will also join EIG’s board of directors; and EIG will become a High Alpha Studio portfolio company, giving it access to the sales, marketing, design and other services High Alpha offers to its portfolio companies. EIG remains an independent company, and Miller will remain its CEO. Please enable JavaScript to view this content. Story Continues Below
High Alpha Investments
123 Investments
High Alpha has made 123 investments. Their latest investment was in Engineered Innovation Group as part of their Seed VC on September 9, 2023.

High Alpha Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/19/2023 | Seed VC | Engineered Innovation Group | Yes | 1 | ||
8/7/2023 | Series A | Trava | $7.01M | No | 1 | |
5/9/2023 | Seed VC | Tenon | $3M | Yes | 3 | |
5/5/2023 | Seed VC - II | |||||
5/5/2023 | Unattributed VC |
Date | 9/19/2023 | 8/7/2023 | 5/9/2023 | 5/5/2023 | 5/5/2023 |
---|---|---|---|---|---|
Round | Seed VC | Series A | Seed VC | Seed VC - II | Unattributed VC |
Company | Engineered Innovation Group | Trava | Tenon | ||
Amount | $7.01M | $3M | |||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 3 |
High Alpha Portfolio Exits
19 Portfolio Exits
High Alpha has 19 portfolio exits. Their latest portfolio exit was Vibenomics on March 21, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/21/2023 | Acquired | 4 | |||
10/11/2022 | Acquired | 1 | |||
10/4/2022 | Acquired | 6 | |||
Date | 3/21/2023 | 10/11/2022 | 10/4/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 | 1 | 6 |
High Alpha Fund History
8 Fund Histories
High Alpha has 8 funds, including High Alpha Capital Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/11/2021 | High Alpha Capital Fund III | $110M | 2 | ||
7/17/2018 | High Alpha Studio II | ||||
7/16/2018 | High Alpha Co-Investment II | ||||
3/9/2018 | High Alpha Capital Fund II | ||||
6/10/2015 | High Alpha Capital Fund LP |
Closing Date | 3/11/2021 | 7/17/2018 | 7/16/2018 | 3/9/2018 | 6/10/2015 |
---|---|---|---|---|---|
Fund | High Alpha Capital Fund III | High Alpha Studio II | High Alpha Co-Investment II | High Alpha Capital Fund II | High Alpha Capital Fund LP |
Fund Type | |||||
Status | |||||
Amount | $110M | ||||
Sources | 2 |
High Alpha Partners & Customers
5 Partners and customers
High Alpha has 5 strategic partners and customers. High Alpha recently partnered with Engineered Innovation Group on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/19/2023 | Partner | United States | The partnership between High Alpha and EIG comes at a time when emerging technologies are increasingly recognized as critical for enterprise companies . | 1 | |
6/5/2023 | Partner | ||||
4/1/2022 | Partner | ||||
11/30/2018 | Partner | ||||
2/9/2016 | Partner |
Date | 9/19/2023 | 6/5/2023 | 4/1/2022 | 11/30/2018 | 2/9/2016 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | ||||
News Snippet | The partnership between High Alpha and EIG comes at a time when emerging technologies are increasingly recognized as critical for enterprise companies . | ||||
Sources | 1 |
High Alpha Team
6 Team Members
High Alpha has 6 team members, including current Chief Financial Officer, Nancy L. Corrie.
Name | Work History | Title | Status |
---|---|---|---|
Nancy L. Corrie | MATH Venture Partners, OCA Ventures, and Arthur Andersen | Chief Financial Officer | Current |
Name | Nancy L. Corrie | ||||
---|---|---|---|---|---|
Work History | MATH Venture Partners, OCA Ventures, and Arthur Andersen | ||||
Title | Chief Financial Officer | ||||
Status | Current |
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