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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.
On November 22, 2006 Highway 12 Ventures announced raising an undisclosed amount of funding from Darwin Ventures (lead investor) and other investors.