Tech exec Mike Langellier joins High Alpha venture studio – Indianapolis Business Journal

The previous CEO of Indianapolis-based TechPoint has a brand new gig in Indy. Mike Langellier has joined Excessive Alpha as working accomplice and head of latest ventures, and the enterprise studio says he’ll assist uncover, refine and launch new tech firms.

Langellier led the not-for-profit development accelerator for Indiana’s know-how sector for 9 years earlier than saying his plans to depart in January 2022. He formally stepped down in Might.

Excessive Alpha Accomplice Kristian Andersen mentioned Langellier has “an ideal storm of expertise and experiences” that the enterprise studio can faucet into. Andersen mentioned he and his Excessive Alpha companions have had a protracted relationship with Langellier and hoped to deliver him aboard the enterprise studio sooner or later.

Like Excessive Alpha’s founders, Andersen mentioned, Langellier has private expertise launching a startup and a deep dedication to Indianapolis. “He’s lower from an analogous material.”

Langellier is an Illinois native and DePauw College graduate. He got here to Indianapolis by the Orr Fellowship, a two-year paid fellowship that locations school graduates in space firms and organizations. Langellier went on to grow to be the co-founder of MyJibe LLC, a private finance software program firm that was later offered to Utah-based MoneyDesktop.

In 2012 Langellier joined TechPoint, an Indianapolis-based not-for-profit group that was fashioned in 2003 to advertise and strengthen the state’s know-how business.

“From his Orr Fellowship expertise to founding his personal profitable know-how firm to main TechPoint, Mike has been an exceptional chief and pal,” Excessive Alpha co-founder Scott Dorsey mentioned in written remarks. “I’ve been privileged to help him as he reworked tech in Indiana over the past 9 years and I’m thrilled to have him becoming a member of the Excessive Alpha staff.”

Langellier mentioned he took his time to search out his subsequent enterprise and located it “proper in my yard.”

“I really like new concepts, constructing issues and fixing issues. I knew I wished to do extra of that within the subsequent chapter, and that’s what this New Ventures position is about. I’ll be answerable for determining which companies to begin and which founding groups to begin them,” mentioned Langellier in a written assertion. “I additionally wished to do extra enterprise investing, and a enterprise studio is a uncommon place the place I can do each. It simply so occurs that the world’s greatest enterprise studio is right here in Indy.”

Excessive Alpha was based in 2015 by Dorsey, Andersen, Eric Tobias and Mike Fitzgerald. The studio says it has raised greater than $260 million and launched greater than 30 firms since its inception.