(Stock image courtesy: Pexels.com/Karolina Grabowsky)
by: Wes Mills, Inside INdiana Business
Posted:
Mar 11, 2021 / 02:21 PM EST
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