Highway 12 Ventures is a venture capital and private equity firm investing in early-stage high-growth startup companies that is headquartered in Boise, Idaho and was founded in 2001. According to the firms LinkedIn (as of November 2019) they have approximately $100 million of assets under its management.
On July 26, 2011 Highway 12 Ventures announced that they will not be raising future venture capital funds. The co-founder and managing partner of Highway 12 Ventures, Mark Solon, made the following statements regarding the firms decision to cease raising venture capital:
The industry's lengthening time-to-exit horizons makes it hard to simultaneously manage the portfolio and raise a new fund.
Notable investments made by Highway 12 Ventures include: Lendio, Sphero, GutCheck, SendGrid, Balihoo, Kapost, Purch, Sovrn, Everlater, Rebit, Gizmoz, Vico Software, Telemetric, Carefx, and M2E Power.
Highway 12 Venture Fund II, L.P.
On November 22, 2006 Highway 12 Ventures announced raising an undisclosed amount of funding from Darwin Ventures (lead investor) and other investors.