# Digital Alpha: portfolio, investments and team

> Digital Alpha is a private equity based in United States. 5 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/digital-alpha-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Digital Alpha

Filed with the SEC to raise a fund in Jun 2026, closing $370M. Last cheque observed Aug 2019.

Quiet New fund $370M, Jun 2026 Private equity

Series A Growth Hardware Machine Learning Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **2617** days **00** hrs **00** min **00** sec

Median round **$20M** Rounds led **1 of 5** Sole investor **2 rounds** Mostly in **United States, 60%**

Pitch Digital Alpha

## Digital Alpha highlights

- 01 5 rounds on record
- 02 Mostly Series A and Growth: 100% of its rounds
- 03 Sole investor in 2 rounds, median $44M

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Hardware Machine Learning Venture Capital & Private Equity
- **Based in:** Henderson, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2019** 4 rounds
- **Aug** **[PacketFabric](https://millionrounds.com/company/packetfabric)** US · FinSMEs **$75M** Sole investor
- **Jun** **[Pryon](https://millionrounds.com/company/pryon)** Series A · US · FinSMEs **$20M** With 6 others
- **May** **[JetStream](https://millionrounds.com/company/jetstream)** Series A · US · FinSMEs **$7.7M** *Led*
- **Mar** **[UKCloud](https://millionrounds.com/company/ukcloud)** Growth · GB · FinSMEs **$33M** With 1 other
- **2017** 1 round
- **Oct** **[Connexin](https://millionrounds.com/company/connexin)** GB · FinSMEs **$13M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

RS **Rick Shrotri** Managing Member / Chief Compliance Officer i Form ADV

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$2.4B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Digital Alpha Advisors, LLC
- **SEC number:** CRD 286351

Funds on its Form ADV

**11** private funds, **$1.8B** in gross assets · filed Nov 2024

- Digital Alpha Fund II-A, L.P. *Private equity* 67 investors $690M
- Digital Alpha Fund II, L.P. *Private equity* 113 investors $387M
- Digital Alpha Fund A, L.P. *Private equity* 34 investors $285M
- Digital Alpha Fund, L.P. *Private equity* 38 investors $151M
- Digital Alpha Solutions Fund, L.P. *Private equity* 10 investors $130M
- Digital Alpha Overflow Fund 1, L.P. *Private equity* 2 investors $100M
- Digital Alpha Overflow Fund 2, L.P. *Private equity* 3 investors $40M
- DA Energybox Holdings 1, L.P. *Private equity* 2 investors $30M
- Digital Alpha Fund III SCSP *Private equity* -
- Digital Alpha Fund III, L.P. *Private equity* -

And 1 more on the filing.

New fund on file

**$370M**

raised in Jun 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Series A Growth

Median round joined **$20M** the round, not its cheque Alone, median **$44M**

Led 1 of 5 rounds **20%**

- **Sole investor:** 2 rounds
- **Last cheque:** Aug 2019

Rounds by stage said on their site

- Series A *2*
- Growth *1*

Cheques by year Led Joined

2017 2019

**Pitching Digital Alpha?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Recently backed

The latest companies Digital Alpha put money into.

[**PacketFabric** $75M · Aug 2019](https://millionrounds.com/company/packetfabric)[**Pryon** $20M · Jun 2019](https://millionrounds.com/company/pryon)[**JetStream** $7.7M · May 2019](https://millionrounds.com/company/jetstream)[**Connexin** $13M · Oct 2017](https://millionrounds.com/company/connexin)

## Quick answers about Digital Alpha

### What does Digital Alpha invest in?

Digital Alpha invests most often at Series A and Growth (100% of the rounds on record), in sectors such as Hardware, Machine Learning and Venture Capital & Private Equity.

### How active is Digital Alpha?

5 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Aug 2019.

### What has Digital Alpha invested in recently?

Its most recent investments on record: PacketFabric (Undisclosed round, Aug 2019), Pryon (Series A, Jun 2019) and JetStream (Series A, May 2019).

### How big are Digital Alpha's cheques?

The median round it joins is $20M.

### Does Digital Alpha lead rounds?

Yes: it led 1 of its 5 investments on record (20%).

### Where does Digital Alpha invest?

Most of the companies it backs are in the United States (60%) and the United Kingdom (40%).

### Is Digital Alpha investing now?

No investments in the last 12 months; the latest was in Aug 2019.

### What kind of investor is Digital Alpha?

Digital Alpha is a private equity firm based in Henderson, United States.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=digital-alpha-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=digital-alpha-2)
