# Highway 12 Ventures: portfolio, investments and team

> Highway 12 Ventures is a vc firm based in United States. 44 investments on record, latest Mar 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/highway-12-ventures (Millionrounds; every figure on the page links to its filing or article)

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

# Highway 12 Ventures

Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series B Venture Insurance Software Advertising

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 44 on record

Since the last cheque **4234** days **00** hrs **00** min **00** sec

Median round **$5.0M** Rounds led **0 of 44** Sole investor **4 rounds** Exits **6 from the portfolio** Mostly in **United States, 100%**

Pitch Highway 12 Ventures

## Highway 12 Ventures highlights

- 01 44 rounds on record
- 02 Mostly Series A and Series B: 60% of its rounds
- 03 Sole investor in 4 rounds, median $2.0M
- 04 6 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Insurance Software Advertising
- **Based in:** Boise, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **44 appearances**

- **2015** 1 round
- **Mar** **[Lendio](https://millionrounds.com/company/lendio)** Series C · US **$21M** With 6 others
- **2014** 2 rounds
- **May** **[Sphero](https://millionrounds.com/company/sphero)** Series D · US **$20M** With 3 others
- **Jan** **[GutCheck](https://millionrounds.com/company/gutcheck)** Series C · US **$4.0M** With 5 others
- **2013** 2 rounds
- **Aug** **[Lendio](https://millionrounds.com/company/lendio)** Series B · US · finsmes.com **$4.5M** With 2 others
- **Jun** **[GutCheck](https://millionrounds.com/company/gutcheck)** Series B · US · finsmes.com **$4.0M** With 3 others
- **2012** 4 rounds
- **May** **[Sphero](https://millionrounds.com/company/sphero)** Series C · US · gosphero.com **$5.0M** With 1 other
- **Jan** **[SendGrid](https://millionrounds.com/company/sendgrid)** Series B · US · techcrunch.com **$22M** With 5 others
- **Jan** **[Balihoo](https://millionrounds.com/company/balihoo)** Venture · US · finsmes.com **$5.0M** With 1 other
- **Jan** **[Kapost](https://millionrounds.com/company/kapost)** Seed · US · fis.dowjones.com **$1.5M** With 2 others
- **2011** 7 rounds
- **Sept** **[Purch](https://millionrounds.com/company/purch)** Series B · US · businesswire.com **$33M** With 2 others
- **Aug** **[OpenLogic](https://millionrounds.com/company/openlogic)** Venture · US · finsmes.com **$2.0M** With 4 others
- **Jun** **[Alliance Health Networks](https://millionrounds.com/company/alliance-health-networks)** Venture · US · techcrunch.com **$11M** With 3 others
- **Apr** **[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Series E · US · techcrunch.com **$10M** With 3 others
- **Apr** **[CradlePoint Technology](https://millionrounds.com/company/cradlepoint-technology)** Series B · US · sec.gov **$11M** With 1 other
- **Apr** **[Sphero](https://millionrounds.com/company/sphero)** Series B · US · techcrunch.com **$5.0M** With 2 others
- **Feb** **[Lendio](https://millionrounds.com/company/lendio)** Series A · US · techcrunch.com **$6.0M** With 2 others
- **2010** 6 rounds
- **Oct** **[GutCheck](https://millionrounds.com/company/gutcheck)** Series A · US · techcrunch.com **$2.0M** Sole investor
- **Sept** **[Kapost](https://millionrounds.com/company/kapost)** Series A · US · techcrunch.com **$1.1M** With 9 others
- **Aug** **[Kapost](https://millionrounds.com/company/kapost)** Seed · US · techcrunch.com **$1.1M** With 9 others
- **Apr** **[SendGrid](https://millionrounds.com/company/sendgrid)** Series A · US · techcrunch.com **$5.0M** With 8 others
- **Mar** **[Goomzee](https://millionrounds.com/company/goomzee)** Series A · US · techcrunch.com **$1.5M** Sole investor
- **Jan** **[Purch](https://millionrounds.com/company/purch)** Series A · US · eon.businesswire.com **$1.5M** With 1 other
- **2009** 7 rounds
- **Dec** **[SendGrid](https://millionrounds.com/company/sendgrid)** Series A · US · techcrunch.com **$750K** With 4 others
- **Nov** **[Everlater](https://millionrounds.com/company/everlater)** Series A · US · techcrunch.com **Undisclosed** Sole investor
- **Nov** **[Gizmoz](https://millionrounds.com/company/gizmoz)** Series C · US **$5.3M** With 1 other
- **Oct** **[Vico Software](https://millionrounds.com/company/vico-software)** Series B · US · vicosoftware.com **$3.6M** With 2 others
- **Sept** **[Alliance Health Networks](https://millionrounds.com/company/alliance-health-networks)** Series C · US · paidcontent.org **$3.3M** With 1 other
- **Aug** **[Balihoo](https://millionrounds.com/company/balihoo)** Series C · US · techcrunch.com **$7.0M** With 2 others
- **Jun** **[SynCardia Systems](https://millionrounds.com/company/syncardia-systems)** Series D · US · syncardia.com **$10M** Sole investor
- **2008** 5 rounds
- **Dec** **[Rebit](https://millionrounds.com/company/rebit)** Series B · US · rebit.com **$5.7M** With 2 others
- **Jul** **[TopTenREVIEWS](https://millionrounds.com/company/toptenreviews)** Series A · US · thealarmclock.com **$6.0M** With 1 other
- **Jul** **[Purch](https://millionrounds.com/company/purch)** Series A · US · businesswire.com **$6.0M** With 1 other
- **Jan** **[Max-Viz](https://millionrounds.com/company/max-viz)** Series A · US **$3.0M** With 2 others
- **Jan** **[Balihoo](https://millionrounds.com/company/balihoo)** Series B · US · venturebeat.com **$4.0M** With 1 other
- **2007** 3 rounds
- **Nov** **[Clinicient](https://millionrounds.com/company/clinicient)** Venture · US **$5.0M** With 1 other
- **Nov** **[M2E Power](https://millionrounds.com/company/m2e-power)** Series A · US **$8.0M** With 2 others
- **Jun** **[Daz 3d](https://millionrounds.com/company/daz-3d)** Series A · US · buyoutsnews.com **$4.2M** With 2 others
- **2006** 2 rounds
- **Sept** **[OpenLogic](https://millionrounds.com/company/openlogic)** Venture · US · openlogic.com **$4.3M** With 4 others
- **Mar** **[Vigilos](https://millionrounds.com/company/vigilos)** Venture · US · seattle.bizjournals.com **$6.0M** With 1 other
- **2005** 3 rounds
- **Sept** **[Carefx](https://millionrounds.com/company/carefx)** Series B · US **Undisclosed** With 7 others

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

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **6 in all**

**[Everlater](https://millionrounds.com/company/everlater)** Bought by MapQuest **Undisclosed** Nov 2012

**[Max-Viz](https://millionrounds.com/company/max-viz)** Bought by Astronics **Undisclosed** Jul 2012

**[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Bought by Federated Media **Undisclosed** Oct 2011

**[Carefx](https://millionrounds.com/company/carefx)** Bought by Harris **Undisclosed** Feb 2011

**[Gizmoz](https://millionrounds.com/company/gizmoz)** Bought by Daz 3d **Undisclosed** Dec 2009

**[M2E Power](https://millionrounds.com/company/m2e-power)** Bought by Motionetics **Undisclosed** Jul 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Series B Venture

Median round joined **$5.0M** the round, not its cheque Alone, median **$2.0M**

Led 0 of 44 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Mar 2015
- **Exits:** 6 from the portfolio

Rounds by stage said on their site

- Series A *15*
- Series B *11*
- Venture *7*
- Series C *6*
- Series D *2*
- Seed *2*

Cheques by year Led Joined

2003 2015

Often in the room with

- [Village Ventures](https://millionrounds.com/fund/village-ventures) 16
- [Foundry Group](https://millionrounds.com/fund/foundry) 6
- [Appian Ventures](https://millionrounds.com/fund/appian-ventures) 4
- [David Cohen](https://millionrounds.com/fund/david-cohen) 4
- [High Country Venture](https://millionrounds.com/fund/high-country-ventures) 4
- [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) 4

**Pitching Highway 12 Ventures?** 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 *→*

## Who they invest alongside

The investors most often in the same rounds as Highway 12 Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Village Ventures** VC firm **16** rounds together](https://millionrounds.com/fund/village-ventures)[**Foundry Group** VC firm **6** rounds together](https://millionrounds.com/fund/foundry)[**Appian Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/appian-ventures)[**David Cohen** Angel **4** rounds together](https://millionrounds.com/fund/david-cohen)[**High Country Venture** VC firm **4** rounds together](https://millionrounds.com/fund/high-country-ventures)[**Pelion Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/pelion-venture-partners)[**Techstars** VC firm **4** rounds together](https://millionrounds.com/fund/techstars)[**Grotech Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/grotech-ventures)[**Red Rock Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/red-rock-ventures)[**Softtech VC** VC firm **3** rounds together](https://millionrounds.com/fund/softtech-vc)[**Tribeca Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/tribeca-venture-partners)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups)

## Quick answers about Highway 12 Ventures

### What does Highway 12 Ventures invest in?

Highway 12 Ventures invests most often at Series A and Series B (60% of the rounds on record), in sectors such as Insurance, Software and Advertising.

### How active is Highway 12 Ventures?

44 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2015.

### How big are Highway 12 Ventures's cheques?

The median round it joins is $5.0M.

### Does Highway 12 Ventures lead rounds?

Rarely, if at all: none of its 44 investments on record names it as the lead.

### Where does Highway 12 Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is Highway 12 Ventures investing now?

No investments in the last 12 months; the latest was in Mar 2015.

### Who does Highway 12 Ventures invest alongside?

Most often Village Ventures (16 rounds together), Foundry Group (6 rounds together) and Appian Ventures (4 rounds together).

### What kind of investor is Highway 12 Ventures?

Highway 12 Ventures is a VC firm based in Boise, 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=highway-12-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=highway-12-ventures)