January Update

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Alpha VP Doubles its Staff to Serve 400 VC Firms with Growth Capital

In 2019, Alpha made 5 investments bringing its total portfolio to 17. Each company is a category creator and leader: Gecko Robotics, GoPuff, Ro, Socure, and SpotHero. In aggregate, Alpha’s portfolio grew net revenues to nearly $11 billion at a 53% three-year CAGR.

 

SpotHero is the digital parking leader and the largest place to buy and sell parking in North America. Millions of drivers use SpotHero’s mobile apps and website to find, book and access off-street parking in 7,000 locations across 300 cities.
 
Gecko is focusing on industrial plant inspections using acoustic, laser, electromagnetic and other non-destructive testing modules. Once this massive amount of critical data has been gathered, Gecko’s software helps predict when and where infrastructure failure will occur.
 

Founded in 2017, Ro is a healthcare technology company with a mission to provide personalized healthcare to everyone on the planet. Ro has three end-to-end verticals: Rory (women’s health), Roman (men’s health), and Zero (fighting addiction).
 
Socure is a New York-based software company that provides consumers and businesses with a next-generation security SaaS solution to fight against the risk of identity theft and related fraudulent activities.
 

goPuff is the fastest growing digital convenience retailer, delivering the products customers need and crave with speed and affordability.

Alpha more than doubled the size of its team, adding Nick von Horn, Alec Schultze and Liang Zhao in New York, and advisors Michael Staton and Omar Agely in San Francisco. Our larger, more experienced team will enable Alpha to deepen our relationships with the early stage specialist venture community.

Alpha’s annual team dinner at Aretsky’s Patroon

Our mission remains to let no growth round investment opportunity go underutilized for our venture capital partners. Specialist venture firms hold the edge as the first funders of future unicorns, and Alpha supplies their growth capital with shared economics in their best opportunities.

Alpha is grateful to its 400 sourcing partners with whom we share economics. To name a few recent partners: 3L, FF, Math Venture Partners, Princeville Global and SOSV.

Since 2014, Alpha has committed over $100 million. As we had access to over $600 million in additional opportunity, watch for Alpha to continue to grow its assets under management in 2020. Also, given this excess, where appropriate, we often invite partners and growth-stage firms to co-invest with us on larger opportunities.

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