High Alpha sharpens focus on building the best place in the world for founders to start SaaS Companies; taps Mike Langellier to lead New Ventures

INDIANAPOLIS--(BUSINESS WIRE)--Mike Langellier, former TechPoint CEO and one of Indiana’s most well-known tech leaders, has joined High Alpha as an operating partner where he will help the venture studio discover, refine and launch new tech companies.

Founded by technology entrepreneurs Scott Dorsey, Eric Tobias, Mike Fitzgerald and Kristian Andersen in 2015, High Alpha pioneered the venture studio model and has raised more than $260 million across three funds and three studios. Since its inception, the firm has founded and launched more than 30 companies, including leading cloud companies Zylo, Lessonly, MetaCX, Mandolin, Casted, Bolster and more.

Langellier, who in May ended a nine-year run leading TechPoint, Indiana’s tech ecosystem growth initiative, said he took his time to find the perfect next step.

“I considered a lot of things, and it turned out that the best next thing was right in my backyard,” said Langellier. “It came down in part to people. I’ve known and respected the team at High Alpha for a long time. Scott Dorsey has been a special board member, mentor and friend for over a decade. This is a great place to grow, make an impact, and do life.”

Scott Dorsey shared, “From his Orr Fellowship experience to founding his own successful technology company to leading TechPoint, Mike has been a phenomenal leader and friend. I’ve been privileged to support him as he transformed tech in Indiana over the last nine years and I’m thrilled to have him joining the High Alpha team.”

“Additionally,” Langellier elaborated, “I love new ideas, building things and solving problems. I knew I wanted to do more of that in the next chapter, and that’s what this New Ventures role is about. I’ll be responsible for figuring out which businesses to start and which founding teams to start them. I also wanted to do more venture investing, and a venture studio is a rare place where I can do both. It just so happens that the world’s best venture studio is here in Indy. Lastly, I was energized when Kristian described his aspirations for the next evolution of High Alpha and my role in it. I believe there is still a lot of untapped entrepreneurial potential and prospective founders that a venture studio can uniquely unleash.”

High Alpha partner Kristian Andersen said, “Mike is an ideal fit to step into this role as we continue to evolve our model to better serve the needs of entrepreneurs. We’re building the best place in the world for a founder to launch and scale a software company,” he said. “That means finding the most talented repeat and first-time founders from diverse backgrounds to invite into our process. Uniquely, Mike has built both software companies and nationally lauded initiatives that attract talent and catalyze them to create economic opportunity. We’re thrilled to have him join our team in this leadership capacity.”

TechPoint’s new President and CEO Ting Gootee said, “Successful venture and community building is a team sport. We are excited about this leadership expansion, and our continued partnership with High Alpha and with Mike in his new role in making Indiana a top destination for digital innovators and tech founders.”

About High Alpha

High Alpha is a leading venture studio that conceives, launches and scales next-generation B2B SaaS companies. Founded in 2015 by tech veterans Scott Dorsey, Eric Tobias, Mike Fitzgerald and Kristian Andersen, the Indianapolis-based firm pioneered the venture studio model.

To date, High Alpha has raised over $250M across three studios and three funds and has launched and invested in more than 75 startups, including Attentive, SalesLoft, Zylo, Terminus, The Mom Project, Rheaply, LogicGate, MetaCX, Mandolin, project44 and more.

For more information, visit www.highalpha.com or follow on Twitter @highalpha.