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Kristian Andersen

North America, Indiana, United States, Indianapolis

Description

Kristian Andersen is a highly influential figure in the Midwest venture capital and startup ecosystem, best known as a co-founder and partner at High Alpha, a unique venture studio and fund based in Indianapolis. High Alpha operates with a dual model: it conceives, launches, and scales new B2B SaaS companies through its studio arm, while also investing in promising early-stage SaaS companies through its venture fund. Andersen's extensive experience as a serial entrepreneur, including his role as a co-founder at Octiv (formerly TinderBox), underpins his strategic insights into building and scaling technology businesses. His work at High Alpha is central to fostering innovation and supporting the growth of the B2B SaaS sector, particularly in the region.

High Alpha's investment strategy, significantly shaped by partners like Andersen, focuses on providing capital and operational expertise to high-potential B2B SaaS ventures. The High Alpha Venture Fund primarily targets Seed and Series A rounds, seeking to lead or co-lead investments in companies poised for significant growth. With the launch of High Alpha Fund III in 2023, which raised $100 million, the firm typically deploys initial checks ranging from $1 million to $5 million for these early-stage investments. This range reflects their commitment to providing substantial capital to help companies achieve critical milestones and scale effectively. The studio model also involves significant initial capital allocation to new ventures, often in the multi-million dollar range, to build them from the ground up.

Andersen's involvement extends beyond capital deployment; he is deeply engaged in the strategic development and mentorship of portfolio companies. His vision for High Alpha has positioned it as a key player in transforming Indianapolis into a burgeoning tech hub, attracting talent and capital to the region. The firm's unique studio approach, combined with its traditional fund investments, allows for a comprehensive impact on the B2B SaaS landscape, from ideation to market leadership. Through High Alpha, Andersen continues to be a driving force behind the creation and acceleration of innovative software companies, reinforcing the firm's reputation as a founder-friendly and value-add investor.

Investor Profile

Kristian Andersen has backed more than 32 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, Germany.
  • Strong thematic focus on Software, SaaS, E-Commerce.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (56%)
  • Series A (13%)
  • Convertible Note (13%)
  • Series B (9%)
  • Angel (6%)
  • Undisclosed (3%)

Country Focus

  • United States (97%)
  • Germany (3%)

Industry Focus

  • Software
  • Saas
  • E-commerce
  • Analytics
  • Enterprise Software
  • Social Media
  • Information Technology
  • Apps
  • Blogging Platforms
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Kristian Andersen frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 1
Western Technology Investment
North America, California, United States, Portola Valley
Co-Investments: 2
QueensBridge Venture Partners
North America, California, United States, Los Angeles
Co-Investments: 2
FundersClub
North America, California, United States, San Francisco
Co-Investments: 2
Felicis
North America, California, United States, Menlo Park
Co-Investments: 1
SV Angel
North America, California, United States, San Francisco
Co-Investments: 2
Digital Garage
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1
Elevate Ventures
North America, Indiana, United States, Indianapolis
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 1
Gravity Ventures
North America, Indiana, United States, Indianapolis
Co-Investments: 5

Which angels does Kristian Andersen often collaborate with?

JA
North America, California, United States, San Francisco
Shared Deals: 1
Dan Rose
North America, California, United States, Palo Alto
Shared Deals: 1
AL
North America, California, United States
Shared Deals: 1
BY
North America, California, United States, San Francisco
Shared Deals: 1
MS
North America, United States
Shared Deals: 1
FN
North America, California, United States, Menlo Park
Shared Deals: 1
CD
North America, New York, United States, New York
Shared Deals: 1
PN
North America, California, United States, Palo Alto
Shared Deals: 1
AD
North America, California, United States, San Francisco
Shared Deals: 1
KH
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Kristian Andersen?

Sportsman Tracker

Grand Rapids, Michigan, United States

Sportsman Tracker is a cross-platform digital toolset designed to increase success opportunities for hunters and fishermen.

AppsHuntingInformation TechnologyService IndustrySoftware
Series BMay 12, 2019
Amount Raised: $2,055,287
The Prepared

Berlin, Berlin, Germany

The Prepared is a collection of guides and information platform.

Public Safety
UndisclosedDec 1, 2018
The Bee Corp

Indianapolis, Indiana, United States

Infrared image analysis to help growers and beekeepers price pollination.

AgTechAnalyticsSoftware
SeedSep 6, 2017
Tecovas

Austin, Texas, United States

Tecovas is a direct-to-consumer western-wear company that sells cowboy boots.

Direct SalesE-CommerceFashion
Convertible NoteDec 1, 2015
ClusterTruck

Indianapolis, Indiana, United States

ClusterTruck is a provider of online food delivery platform used to offer foods at the doorsteps of customers.

DeliveryE-CommerceFood and BeverageFood TrucksRestaurants
AngelSep 1, 2015
Periodic

Bloomington, Indiana, United States

Periodic powers instant booking for global brands, marketplaces, and SaaS companies through its white label booking platform and API.

E-CommerceEnterprise SoftwareInternetMarketplaceSaaS
SeedApr 1, 2015
Geofeedia

Chicago, Illinois, United States

Geofeedia is specializing in location-based social media monitoring, intelligence, and analysis for corporate security and more.

AnalyticsLocation Based ServicesSaaSSocial MediaSocial Media Management
Series AMar 5, 2015
Amount Raised: $3,000,000
MightySignal

San Francisco, California, United States

MightySignal is a mobile application index that enables businesses to make sense of data patterns generated by mobile app companies.

AnalyticsAppsB2BiOSMobile AppsSaaS
SeedFeb 3, 2015
Amount Raised: $1,200,000
Visible.vc

Chicago, Illinois, United States

Visible.vc is an investor relationship management platform used by company founders across the globe.

FinanceSoftwareVenture Capital
SeedOct 1, 2014
Emplify

Fishers, Indiana, United States

Emplify is an employee engagement measurement that enables executives to ask for, analyze, and act on employee feedback.

AnalyticsHuman ResourcesInformation TechnologyInternetMobile AppsSaaSSoftware
Convertible NoteJul 1, 2014