Second Alpha Partners
Venture capitalNew York · Series C–Late Stage · 6 people tracked
Find your way into Second Alpha Partners
487 people in our graph share verified history with the Second Alpha Partners team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Second Alpha specializes in secondary investing, buying partial or full shareholder positions from founders, executives, angels, VCs, corporate investors and PE firms, and also engaging in convertible debt purchases, recaps, pay-to-plays and restructurings. Founded on the belief that shareholders should not wait a decade for liquidity, the firm provides partial or full liquidity without forcing premature exits. It targets mature venture-stage, growth equity and middle-market firms with proven business models, at least $20M in revenue, profitability or a clear path to it, and a preference for highly-recurring revenue models. Second Alpha uses extensive data analysis to drive efficient diligence and better outcomes, and takes a supportive role in investor syndicates.
Source: firm website, verified Sep 1, 2026.
Team · 6 people
from the firm's website & public directories
What they invest in
from 15 of 36 portfolio companiesAI & Machine Learning ×7SaaS ×7Enterprise Software ×5AdTech ×4Marketing Tech ×4Cybersecurity ×3Healthtech ×3Cloud Computing ×2
HQs:United States×12Canada×1
Who they back
founder profiles across 12 portfolio companiesFounding team size:solo founder×52 founders×53 founders×2
Where their founders studiedfrom 15 founders with education data
Massachusetts Institute of Technology ×3Harvard University ×2
Where their founders worked beforefrom 15 founders with career history
Stanford University ×3Recrue Media Digital Advertising ×2
Investments · 36 tracked
founders shown can be your intro pathBy year:2025 · 12022 · 12018 · 12015 · 12012 · 15 dated
Coursera is an online learning platform offering courses, certificates, and career programs from universities and companies such as Google.
EdTechEnterprise SoftwareFuture of WorkMarketplacesSaaSMountain View, US
Daphne Koller(Co-Founder & President)inAndrew Ng(Director)inRichard Levin(Chief Executive Officer)
BoardDan Avida(Director)Scott Sandell(Director)inJohn Doerr(Director)in
Co-investorsAllied Venture PartnersFelicis VenturesG SquaredGSV VenturesKleiner PerkinsLearn Capital+9 more
EverQuote operates an online marketplace where consumers answer questions about their insurance needs and are matched with insurance providers to compare quotes for auto and other policies.
AdTechFintechInsurTechMarketplacesCambridge, US
David Blundin(Director)inSeth Birnbaum(Executive Officer, Director)David Mason(Executive Officer)John Wagner(Executive Officer)inJayme Mendalin
BoardSanju Bansal(Director)
Co-investorsBlue Ivy VenturesCastor Ventures (an Alumni Ventures Fund)Link VenturesSavano Capital PartnersStratim CapitalLeawood Venture Capital Llc+1 more
MNTN provides self-serve software for connected TV advertising that enables brands to run television ads and measure performance across conversions, revenue, and site visits.
AdTechMarketing TechNew York, US
Mark Douglas(President & CEO)in
Co-investorsBaroda VenturesBonfire VenturesGreycroftMercato PartnersQualcomm Ventures
23andMe operates a research platform that collects genetic data from millions of users to advance genomic research and health discovery.
BiotechDigital HealthDirect to ConsumerHealthtechLongevityMountain View, US
Anne Wojcicki(Co-founder & CEO)inLinda Avey(Co-founder)Paul Cheung(Co-founder)Andrew Page(Executive Officer, Director)Kathy Hibbs(Executive Officer)in
BoardEsther Dyson(Director)
Co-investorsAllied Venture PartnersCivilization Ventures Management, LlcEQUIAMG SquaredHouston Angel NetworkInvestX+12 more
Provides digital forensics software solutions for law enforcement and government agencies, including the Forensic Toolkit (FTK).
Provider of cloud-based applications and communication services to simplify operations and improve efficiency.
Offers juried art, craft, and design products for the home and wardrobe.
Delivers secure voice messaging for highly regulated industries and large enterprises.
Membership subscription and e-commerce shop introducing customers to under-the-radar brands and goods.
Co-investorsRemarkable VenturesScout VenturesScout Ventures
US based money manager offering investing and retirement solutions
Co-investorsAnthemis VentureFrancisco PartnersGlobespan Capital PartnersGrand VenturesKhosla VenturesKinnevik+1 more
Bitsight provides a cyber risk intelligence platform that monitors entities across the internet to identify vulnerabilities and emerging threats in real time.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaSCambridge, US
Nagarjuna Venna(Executive Officer, Director)inStephen Boyer(Executive Officer)inShaun McConnon(Executive Officer, Director)Robert T Turner(Executive Officer, Director)Elizabeth Fischer(Executive Officer)inBrian Cohen(Executive Officer)in
Co-investors33NAlphaDriveCapital Midwest FundComcast VenturesFlybridge Capital PartnersGlobespan Capital Partners+7 more
BOLT Insurance offers a platform for small business owners to select and purchase insurance.
Code42 (now part of Mimecast) offers Incydr, a data loss prevention and insider risk management tool that detects and blocks data exfiltration across work channels, including uploads to unsanctioned generative AI tools.
AI & Machine LearningCybersecuritySaaSMinneapolis, US
Matthew Dornquast(Director)Mitch Coopet(Founder)inElizabeth Fortier(Executive Officer)Joe Payne(Executive Officer, Director)in
BoardHarry Gruner(Director)inPing Li(Director)in
Co-investorsAccelJMI EquityNew Enterprise Associates (NEA)NewView CapitalSplit Rock Partners
A streaming data platform supporting large streaming companies with billions of streams across billions of devices.
A fintech company allowing employees to access their earned pay in advance of a pay period.
Provides a Critical Event Management platform to help organizations manage critical events.
An online loyalty marketplace for businesses to manage and issue loyalty points, rewards, and gift cards.
Provides technology and services to bring universities' degree programs online.
Campbell, US
Edward M. Fields(Executive Officer, Director)John Toth(Executive Officer)
BoardBryan Stolle(Director)inKay Krafft(Director)Jaroslaw Gabor(Director)Jay Fulcher(Director)in
Co-investorsCheyenne VenturesWildcat Venture Partners
Digital content publisher focused on food, health, fashion, and fitness.
Mirantis provides infrastructure automation software and GPU-based cloud services for multi-cluster, hybrid multicloud, and workload migration environments.
AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareMountain View, US
Alex Freedland(Executive Officer, Director)inAdrian Ionel(Executive Officer, Director)inShaun O'Mearain
BoardDharmesh Thakker(Director)Elise Huang(Director)Jim Dvorkin(Director)in
Co-investorsAugust CapitalIntel CapitalSapphire VenturesWestSummit CapitalAndreessen Horowitz
Software enabling enterprises to securely support their mobile workforces.
ON24 provides a digital engagement platform that uses AI to turn webinars, content hubs, and virtual events into personalized content journeys for B2B sales and marketing teams.
AI & Machine LearningMarketing TechSaaS
Sharat Sharan(Founder)in
Co-investorsBand of AngelsCanaan PartnersMidCap Financial InvestmentRho VenturesSkagerak CapitalUS Venture Partners+1 more
OpenX is a supply-side platform (SSP) for digital advertising that uses AI, data leadership, and proprietary identity technology to manage ad inventory and targeting.
AdTechAI & Machine LearningNot specified on page, US
DAMON REEVE(Director)inTIM CADOGAN(Executive Officer, Director)in
BoardNINO MARAKOVIC(Director)ANDREW Scott BRACCIA(Director)BERNARD DALLE(Director)JON MILLER(Director)
Co-investorsChartline Capital PartnersDag VenturesIndex VenturesMitsui Global InvestmentPresidio VenturesSapphire Ventures+2 more
Phone-centric identity platform that helps companies mitigate fraud while accelerating revenue and reducing operational expenses.
Co-investorsBlue Venture FundsMassMutual VenturesOpus CapitalCapital One Ventures
Provides a mobile identity verification and authentication solution for secure global commerce.
Runna provides personalized running training plans for athletes of all levels, from beginners to elite competitors, covering distances from 5K to ultramarathons.
HealthtechSports TechWellness & Fitness
Ben Parker(Founder)in
Co-investorsCircle & Co.Creator VenturesD&FG ElementsEka Ventures
Provides a real-time lifecycle marketing platform for customer engagement campaigns.
A travel technology company using AI and data science to reduce friction and personalize the travel experience.
Provided television viewing enhancements for professional sporting events; acquired by SMT in 2016.
Co-investorsEscalate Capital Partners
Strava is a mobile app and online platform where athletes track and share their workouts, activities, and athletic performance with a community of fitness enthusiasts.
ConsumerHealthtechSocialSports TechSan Francisco, US
Michael Horvath(Founder)inDavis Kitchel(Founder)inMark Gainey(Founder)in
Co-investors4M HoldingCapnamicFounders Circle CapitalJackson Square VenturesTCV
TERAGO provides managed connectivity and secure network solutions for Canadian businesses, built on its national wireless infrastructure and partner ecosystem.
Cloud ComputingCybersecurityEnterprise SoftwareIoTThornhill, CA
Daniel Vucinic(Chief Executive Officer)inMatthew Gerber(Executive Officer, Director)
Co-investorsLaunch Capital
Enables secure payments on merchant websites and apps without registration or login; acquired by Nuance in 2016.
Trust & Will is an online estate planning platform that guides customers through creating legally customized wills, trusts, and related documents.
ConsumerFintechLegalTechSaaSSan Diego, US
Cody Barbo(Founder)in
Co-investorsCerity Partners VenturesCurql Collective, LLCHalogen Ventures Management Company LlcJackson Square VenturesLink VenturesRosecliff Ventures+3 more
tvScientific offers a connected TV (CTV) advertising platform with real-time reporting that integrates with Google Analytics to track traffic, conversions, and return on investment from CTV ad campaigns.
AdTechAI & Machine LearningMarketing TechSaaS
Jason Fairchild(Founder)inDavid Koye(Founder)in
Co-investorsNewRoad Capital Partners, LLCNorwest Venture PartnersProgress VenturesUnanimous CapitalAperiam VenturesAperiamVentures+2 more
Provides managed services for voice and data networks for enterprises and their IT organizations.
UserTesting provides a human insight platform that helps Product, Marketing, Digital, and CX teams at enterprises collect and analyze real human feedback to validate decisions and improve customer experiences.
AI & Machine LearningEnterprise SoftwareImpact & Social GoodMarketing TechSaaSBellevue, US
Co-investorsAccelDag VenturesIntercept VenturesOpenView Venture PartnersTeamworthy VenturesVCFA Group+2 more
Exits · 3
IPOs and acquisitions across the tracked portfolioPortfolio news
latest coverage across their companies
Strava · forgeglobal.com · Aug 28, 2026
EverQuote · themarketsdaily.com · Aug 22, 2026
Runna · support.runna.com · Aug 19, 2026
ON24 · koalagains.com · Jul 28, 2026
MNTN · manilatimes.net · Jul 13, 2026
OpenX · openx.com · Jan 14, 2026
Frequently asked questions
- How many investments has Second Alpha Partners made?
- Second Alpha Partners has 36 tracked investments, 3 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Second Alpha Partners invest at?
- Second Alpha Partners invests at the Series C, Growth, Late Stage stages.
- What sectors does Second Alpha Partners focus on?
- Second Alpha Partners focuses on AdTech, Advanced Manufacturing, AI & Machine Learning, Cloud Computing, Consumer, Crypto & Web3, Cybersecurity, Digital Health, E-commerce, EdTech, Enterprise Software, Fintech, Healthtech, InsurTech, LegalTech, Logistics & Supply Chain, Marketing Tech, Media & Entertainment, SaaS, Travel & Hospitality.
- Where is Second Alpha Partners located?
- Second Alpha Partners is headquartered in New York, US.
- Does Second Alpha Partners lead rounds?
- Yes, Second Alpha Partners leads investment rounds.
- Who does Second Alpha Partners co-invest with?
- Second Alpha Partners most often shares deals with New Enterprise Associates (NEA), Sapphire Ventures, Accel, among 99 tracked co-investors.
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