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Highway 12 Ventures
Highway 12 Ventures is a venture capital based in Boise, founded 2000; the Altss profile covers its classification, headquarters, registration, AUM band, and...
Highway 12 Ventures
General information
Firm type
Venture Capital
Year founded
2000
Location
Region
North America
Country
United States
City
Boise
Corporate office
Boise, ID, United States
Principals
Mark Solon
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Highway 12 Ventures?
Mark Solon, the firm's co-founder and Managing Partner, leads the investment team from Boise, Idaho. He has been the primary decision-maker since the firm's formation in 2000, guiding its strategy of early-stage enterprise technology investments across the Intermountain West.
What is Highway 12 Ventures' geographic focus?
The firm concentrates exclusively on the Intermountain West, primarily Idaho, Utah, Montana, and Colorado. This regional mandate represents a structural departure from most venture funds, which cluster in Silicon Valley, New York, or Boston, and allows Highway 12 to build proprietary deal flow in less competitive markets.
Does Highway 12 participate in fund commitments or only direct deals?
Highway 12 Ventures makes direct equity investments in early-stage companies, typically at the seed or Series A stage. It does not publicly market a fund-of-funds program or act primarily as a limited partner in other venture funds, positioning itself as a hands-on direct investor for its portfolio.
What sectors does Highway 12 Ventures typically target?
The firm targets enterprise technology with a business-to-business focus. Confirmed sectors of interest include enterprise SaaS, cybersecurity, digital health, and industrial technology, reflecting the software and engineering talent pools concentrated in its target geography.
Does Highway 12 Ventures maintain philanthropic structures or adjacent vehicles?
Highway 12 does not disclose separate philanthropic foundations. However, Managing Partner Mark Solon co-founded the Boise Angel Alliance in 2012, a separate community organization designed to expand early-stage investment activity in Idaho outside the firm's proprietary fund operations. This functions more as ecosystem infrastructure than a dedicated impact investing vehicle.
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