Innovative Capital Solutions
for private companies & their shareholders
Times have changed.
Building private companies takes more effort, dedication and capital than ever before. And achieving company exits by trade sale or IPO takes more than double the time that it did a decade ago. As a result, founders, executives and investors face tremendous challenges maintaining a collective focus on corporate aspirations while also pursuing their own individual return objectives.
Second Alpha Partners can help. Second Alpha crafts innovative capital solutions that allow founders, managers and investors in private companies to achieve liquidity prior to company sales or IPOs. Second Alpha buys shares and convertible securities on a secondary basis.
Founders
Management
Angels
VC & PE Funds
Corporates
Founders
Management
Angels
VC & PE Funds
Corporates
Press

Prove Advances Pre-Fill Platform With 400 Million Transactions and Announces a Revolutionary Advancement in Frictionless Identity Authentication
Prove Identity, Inc. (“Prove”) announced it has surpassed 400 million pre-fill transactions across 150 million users. Strong and accelerating adoption across financial services and gaming continues to validate the growing demand for fast, secure, and low-friction identity authentication and makes clear that continuous innovation is a market mandate.

Bitsight Surpasses $200 Million in ARR, Accelerating Leadership in Cyber Risk Intelligence
Bitsight, the global leader in cyber risk intelligence, today announced it has surpassed $200 million in annual recurring revenue (ARR). The milestone builds on the company’s strong close to the previous fiscal year, which included positive free cash flow, and reflects growing demand for integrated cyber risk and threat intelligence solutions.

Strava to Acquire Runna, A Leading Running Training App
Strava, the app for active people, today announced that it has entered into a definitive agreement to acquire Runna, a UK-headquartered tech company developing personalized running training plans and coaching. The acquisition unites the world’s largest fitness community with a leading app in the fiercely competitive running training space, creating compelling value for users and shareholders of both companies.