High Alpha Raises $125 Million for Largest Fund to Date

Key Highlights:

• High Alpha IV closes at $125 million, surpassing its $110 million target.
• Fund focuses on building and investing in early-stage SaaS companies.
• ServiceNow joins as a significant investor.
• Three new partners promoted within High Alpha.

Source (Business Wire)

Notable Quotes:

• “We’ve never been in a better position to help entrepreneurs reach their full potential and create breakout, enterprise SaaS companies.” — Scott Dorsey , Managing Partner at High Alpha
• “High Alpha has a proven track record of building with world-class founders, they have deep experience and expertise as operators, and they share in our mission to revolutionize the way work gets done.” — Victor Chang , VP at ServiceNow Ventures

Our Take:

High Alpha’s successful raise of $125 million for its fourth fund underscores the firm's growing influence in the enterprise SaaS space. Surpassing its target amidst a challenging economic environment highlights the robust confidence investors have in High Alpha’s unique model that combines operating and investing. The inclusion of significant partners like ServiceNow further validates High Alpha’s strategic approach and its potential to drive innovation and growth in the enterprise software industry. Promoting key individuals within the firm also signals a strong internal growth trajectory, ensuring experienced leadership as High Alpha continues to support and scale new SaaS ventures.