Highway 12 Ventures

Highway 12 Ventures was an early-stage venture capital firm based in Boise, Idaho, established in 2005. The firm primarily focused its investments on high-growth companies within the Intermountain West region, targeting sectors such as software, internet, and technology-enabled services. Highway 12 Ventures is notably no longer actively making new investments, having ceased new investment activities around December 2011. Their current focus is solely on supporting their existing portfolio companies, rather than seeking new opportunities.

During its active period, Highway 12 Ventures built a portfolio of 28 companies, demonstrating a commitment to fostering early-stage innovation in its target geographies and industries. The firm achieved at least one notable exit, with Clearwater Analytics being a prominent success story from its portfolio. While specific typical check sizes for their historical investments are not widely publicized, early reports from their founding indicated a potential investment range of $250,000 to $1 million per company.

Given their inactive status for new investments, Highway 12 Ventures does not currently engage in typical first cheque allocations. Their operational model has shifted entirely to portfolio management, making them an unsuitable prospect for startups seeking new capital. The firm's historical impact was primarily within the Intermountain West's burgeoning tech scene during its active investment years.