High Alpha Research Vehicle

Westwood Holdings Group, Inc. Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023

DALLAS, Aug. 02, 2023 (GLOBE NEWSWIRE) --  Westwood Holdings Group, Inc. (NYSE: WHG) today reported second quarter 2023 earnings. Significant items for the quarter include:

Key Points: 
  • DALLAS, Aug. 02, 2023 (GLOBE NEWSWIRE) --  Westwood Holdings Group, Inc. (NYSE: WHG) today reported second quarter 2023 earnings.
  • Net income of $2.9 million compared with the first quarter's $0.7 million and a net loss of $0.4 million in 2022's second quarter.
  • Westwood held $38.1 million in cash and short-term investments as of June 30, 2023, up $5.8 million from the first quarter.
  • Westwood will host a conference call to discuss second quarter 2023 results and other business matters at 4:30 p.m. Eastern time today.

Matt Keezer, Momentum Ventures CEO, Recognizes the Success and Impact of Leading Venture Studios

Retrieved on: 
Tuesday, July 11, 2023

Their forward-thinking approach, commitment to innovation, and proven track record highlight the strength and viability of the venture studio model.

Key Points: 
  • Their forward-thinking approach, commitment to innovation, and proven track record highlight the strength and viability of the venture studio model.
  • In recent years, venture studios have not only grown in popularity but also in effectiveness.
  • A 2022 report from the Global Startup Studio Network (GSSN) revealed that startups emerging from venture studios are significantly outpacing traditional startups, boasting a 30% higher success rate.
  • Matt Keezer, Momentum Ventures' CEO, adds, "We are inspired by the work that High Alpha, Highline Beta, and Antler are doing.

Bountiful Launches Groundbreaking Referral-as-a-Service Platform to Activate Hiring Networks

Retrieved on: 
Tuesday, June 27, 2023

Bountiful , a referral-as-a-service platform, is proud to announce its launch out of Venture Studio High Alpha today.

Key Points: 
  • Bountiful , a referral-as-a-service platform, is proud to announce its launch out of Venture Studio High Alpha today.
  • The platform revolutionizes how companies hire by activating personal and professional networks to drive quality job candidates and build better and more diverse teams.
  • With Bountiful, early customers have gone from 75 days without filling a role to four qualified and diverse finalists in 21 days.”
    With Bountiful, companies can activate their internal and external networks to hire qualified candidates faster.
  • “Bountiful provides an engaging, compelling solution where everyone from hiring managers to referrers to job candidates win,” said Acadian Ventures Founder and General Partner Jason Corsello.

Champion Launches to Reinvent Enterprise Customer Advocacy

Retrieved on: 
Tuesday, June 20, 2023

Champion , the platform for second-order revenue, is announcing its launch out of Venture Studio High Alpha today.

Key Points: 
  • Champion , the platform for second-order revenue, is announcing its launch out of Venture Studio High Alpha today.
  • The company is led by CEO and Co-Founder Jeff Reekers, an experienced leader who previously served as chief marketing officer at Aircall.
  • “For companies, there’s so much untapped potential in working alongside their power users, biggest advocates and loyal customers,” said High Alpha Partner Eric Tobias.
  • “Champion is going to fundamentally change how companies partner and work with their power users to create incredible outcomes for all involved parties.

Syrup.io Pioneers AI-Driven Email Marketing for Hyper-Personalization, Led by High Alpha Capital's $3.3M Seed Round

Retrieved on: 
Tuesday, May 23, 2023

Syrup has secured $3.3 million in seed funding, led by Mike Fitzgerald and High Alpha Capital, a leading venture firm specializing in next-generation B2B SaaS companies.

Key Points: 
  • Syrup has secured $3.3 million in seed funding, led by Mike Fitzgerald and High Alpha Capital, a leading venture firm specializing in next-generation B2B SaaS companies.
  • Syrup's Product-led Email (PLE) platform is designed to help SaaS companies build stronger relationships with their customers by providing a tailored communication experience.
  • "Traditional email service providers are too complex and not designed for the modern tech stack," said Brad Owen, CEO and Co-Founder of Syrup.
  • "Brad Owen and Michael Classen are the type of visionary founders we're proud to support," said Mike Fitzgerald, Partner at High Alpha.

Tenon's Revolutionary Marketing Solution Built on ServiceNow Attracts $3M in Seed Funding from ServiceNow Ventures and High Alpha

Retrieved on: 
Tuesday, May 9, 2023

Tenon , an enterprise marketing workflow company today announced it has raised a $3M seed round led by High Alpha and ServiceNow Ventures.

Key Points: 
  • Tenon , an enterprise marketing workflow company today announced it has raised a $3M seed round led by High Alpha and ServiceNow Ventures.
  • Person previously held the role of CMO at Nuvolo and as a Global ServiceNow Leader for Dell Technologies.
  • Founded in 2015 by veteran SaaS founders who created the Salesforce Marketing Cloud, their portfolio includes disruptive marketing solutions like Lessonly, Zylo, G2, Terminus, and Octiv.
  • Already the top choice in the marketing departments of global enterprises, Tenon is quickly becoming an integral part of high-performing marketing teams.

Westwood Holdings Group, Inc. Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, April 26, 2023

DALLAS, April 26, 2023 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE: WHG) today reported first quarter 2023 earnings. Significant items for the quarter include:

Key Points: 
  • DALLAS, April 26, 2023 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE: WHG) today reported first quarter 2023 earnings.
  • As of March 31, 2023 Westwood held $32.3 million in cash and short-term investments as of March 31, 2023, down $6.9 million from year end.
  • We declared a cash dividend of $0.15 per common share, payable on July 3, 2023 to stockholders of record on June 2, 2023.
  • Westwood will host a conference call to discuss first quarter 2023 results and other business matters at 4:30 p.m. Eastern time today.

Tenon Unveils Transformative Solution for Enterprise Marketers in Partnership With ServiceNow and High Alpha

Retrieved on: 
Wednesday, April 12, 2023

Today, Tenon , an enterprise marketing work management platform built on ServiceNow , is announcing its official launch with High Alpha .

Key Points: 
  • Today, Tenon , an enterprise marketing work management platform built on ServiceNow , is announcing its official launch with High Alpha .
  • The Now Platform serves as the foundation for Tenon, bringing workflow alignment and digital efficiency to marketers.
  • "Powered by the Now Platform, Tenon is changing the way marketers work," said John Ball, senior vice president and general manager, customer and industry workflows at ServiceNow.
  • “The founding team at Tenon is uniquely positioned to build the next generation of marketing tools on the ServiceNow platform," said High Alpha Partner Mike Fitzgerald.

Zylo secures additional $5M in funding to fuel continued growth amid surging demand for smart spending and economic uncertainty

Retrieved on: 
Thursday, February 16, 2023

INDIANAPOLIS, Feb. 16, 2023 /PRNewswire/ -- Zylo, the enterprise leader in SaaS Management, today announces it has secured an additional $5 million in Series C funding from MassMutual Ventures and celebrates key milestones from 2022, further solidifying its position as the market leader.  

Key Points: 
  • "Zylo has emerged not only as the category creator, but the clear category leader setting the standard for SaaS Management technology today."
  • Zylo announced the first tranche of its $31.5M Series C raise in November.
  • This additional funding comes in the wake of an exceptionally strong year of growth for Zylo.
  • These individuals include D. Wayne Poole as COO, Courtney Shaffer Lovold as SVP of Sales and Jason Leet as CFO.

Pimly Launches The Product Cloud, the First Salesforce-native Product Information Management Platform

Retrieved on: 
Tuesday, February 7, 2023

CHICAGO, Feb. 7, 2023 /PRNewswire/ -- Pimly, the first ever Product Cloud, makes Salesforce the source of truth for critical product information allowing employees, prospects, partners and customers to become experts on product information. 

Key Points: 
  • "By bringing a 360-degree view of product information into Salesforce CRM, Pimly solves the data silo problem and distributes always-on, always-accurate product information to all company stakeholders that drive results."
  • "Salesforce is an incredible platform, since Pimly is built on core, (Sales Cloud, Service Cloud, Lightning Commerce, Order Management, etc.)
  • Seedbox Solution, an innovator in the agricultural packaging industry chose Pimly for its first Product Information Management System.
  • Pimly provides a simple way to unify all our product information including images, videos, technical specifications and installation information into one system.