Venture CapitalRIA · CRD 309168SEC-RegisteredPrivate Fund Adviser

Updated:

Higher Ground Labs

Higher Ground Labs is an SEC-registered investment adviser with offices in Chicago, IL. It advises on impact investing strategies.

Higher Ground Labs logo

Higher Ground Labs

Higher Ground Labs is an SEC-registered investment adviser with offices in Chicago, IL. It advises on impact investing strategies. The firm focuses on environmental and social issues.

General information

Firm type

Venture Capital

Year founded

2017

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

Shomik Dutta

Co-Founder & Managing Partner

Betsy Hoover

Co-Founder & Managing Partner

Sector focus

Civic TechnologyEnterprise SoftwareClimateTechDigital HealthAI/MLMedia & Entertainment

Frequently asked questions

Who founded Higher Ground Labs and what was their background before launching the firm?

Higher Ground Labs was co-founded in 2017 by Shomik Dutta and Betsy Hoover. Dutta is a former White House advisor under President Obama and was an early-stage investor prior to launching the firm. Hoover served as the director of digital organizing for Obama's 2012 re-election campaign. Both founders brought operational campaign experience to the venture thesis that political technology deserved dedicated early-stage capital.

What investment stages does Higher Ground Labs target?

The firm focuses almost exclusively on pre-seed and seed-stage companies. Initial check sizes typically range from $100,000 to $250,000. The accelerator program provides a structured path to first institutional capital for startups building tools for campaigns, advocacy groups, and civic organizations.

Is Higher Ground Labs politically aligned, and does that affect its investment mandate?

Yes, the firm is explicitly aligned with center-left and progressive politics. Its limited partners are largely Democratic donors and foundations, and its portfolio companies build technology for Democratic campaigns, advocacy groups, and civic-engagement efforts. This ideological alignment functions as a sourcing and distribution advantage, not a restriction — the firm invests where the political mission and market opportunity overlap.

How does Higher Ground Labs source its deal flow?

Deal flow originates primarily through the founders' extensive political networks — campaign staff, party committees, advocacy organizations, and fellow Obama alumni. The firm's accelerator applications surface early-stage political-tech founders who may not appear on traditional venture radars. This sourcing model is distinct from generalist funds, which rarely encounter political-technology startups before they graduate to later stages.

Does Higher Ground Labs invest in non-political technology companies?

The firm's core mandate is political and civic technology, but its portfolio does extend into adjacent categories. Some investments target climate technology platforms serving advocacy groups, digital health startups with a social-impact angle, and local-media ventures. These adjacencies share a throughline of mission-driven entrepreneurship rather than pure political infrastructure.

What is Higher Ground Labs' relationship with the Democratic Party?

Higher Ground Labs is an independent venture firm, not an arm of the Democratic Party. However, it maintains close operational ties: in 2023 it announced a partnership with the Democratic National Committee to pilot startup tools across state parties. The firm's portfolio companies are widely used by Democratic campaigns and committees, creating a de facto pipeline from the accelerator into party infrastructure.

Has Higher Ground Labs had any notable portfolio exits?

The most prominent disclosed exit is Mobilize, a volunteer-recruitment and event-management platform that was acquired by EveryAction in November 2020. Mobilize had become a critical tool for Democratic campaigns, processing millions of volunteer shifts. The acquisition validated the thesis that political-tech startups could reach scale and attract strategic buyers from the broader nonprofit and campaign-software ecosystem.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on venture capital firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Chicago Venture Capital profiles