Defining a New Model: The Venture Builder Approach

  • 4.18.2025
  • Matt Brady
Elliott-Keynote
High Alpha Innovation CEO Elliott Parker gave a keynote on AI and the case for human ingenuity.
David Senra Podcast
Founders Podcast host David Senra gave a keynote talk on what it takes to build world-changing companies.
Governments and Philanthropies
High Alpha Innovation General Manager Lesa Mitchell moderated a panel on building through partnerships with governments and philanthropies.
Networking
Alloy provided great networking opportunities for attendees, allowing them to share insights and ideas on their own transformation initiatives.
Sustainability Panel
Southern Company Managing Director, New Ventures Robin Lanier spoke on a panel about the energy sector's sustainability efforts.
Healthcare Panel
Microsoft for Startups Worldwide Lead, Health & Life Sciences Sally Ann Frank took part in our panel on healthcare transformation.
Agriculture Panel.
Make Hay CEO and Co-founder Scott Nelson discussed the ongoing transformation in the food and agriculture value chain.

When we started Alloy Partners, we struggled with a familiar startup problem: defining our own category.

We were born out of High Alpha, one of the country's most successful venture studios. But from the beginning, we were working on something different. Big organizations — Fortune 500 companies, research universities, government agencies — came to us with problems they couldn’t solve through traditional means.

"Could we create startups to address them?" That question set us on a new path.

In 2020, we spun out of High Alpha as High Alpha Innovation (now Alloy Partners) to focus entirely on building startups in partnership with large institutions. Within just a few years, we’d launched dozens of companies tackling real-world problems in healthcare, energy, logistics, and more.

But defining what we were was harder than launching what we built:

  • We weren’t consultants, though we worked side-by-side with strategy and innovation teams.
  • We weren’t a venture studio, though we created companies from scratch.
  • We weren’t an accelerator, though we supported early-stage companies on their growth path.

Eventually, we landed on a term that felt right: Venture Builder.

It’s a name that cuts to the essence of what we do. But like any new category, it needs some explanation.

We Don’t Go It Alone

Unlike traditional venture studios, we don’t sit in a room dreaming up startups in isolation. Our ideas don’t begin with trends or market white space. They begin with deep, strategic partnerships.

We work closely with large organizations — corporations, universities, government agencies — to uncover urgent, systemic problems worth solving.

We aren’t just looking for interesting concepts. We’re looking for high-conviction ideas that tie directly to the jobs that matter inside our partner’s business. If a startup idea doesn’t move the needle for the organization that helped surface it, it doesn’t meet our bar.

That’s why our partnerships run deep.

We collaborate with strategists, innovators, and business leaders to define what success looks like — not just in theory, but in practice. And because we operate in complex, regulated industries like healthcare, energy, and financial services, our teams immerse themselves in each partner’s domain.

We don't just learn the market — we speak the language.

We Think Like Founders from Day One

The venture-building process starts earlier than most people realize. Long before a startup is launched, long before there's a product or even a pitch deck, we’re doing the work of a founder.

We start by falling in love with the problem.

That means understanding it in context — through user research, expert interviews, market mapping, and behavioral insight. We frame the problem like a founder would: What’s broken, why, and who’s feeling the pain?

Only then do we begin shaping potential solutions. We pressure-test business models, evaluate delivery mechanisms, and build early economic assumptions. If the case holds up, we move into product.

We Build Products Before There’s a Company

As the solution takes shape, we shift into product development:

  • What should the user experience feel like?
  • What’s better than the alternatives?
  • Why will it win?

Our design and product teams prototype early MVPs, define user journeys, and test concepts directly in the market. We often line up design partners, pilot programs, or even paying customers before the company technically exists.

That’s because when we do launch a startup, it’s not hypothetical. It’s already real.

We Build with Advantage

One of the most powerful elements of venture building is the ability to embed advantage from the start. And when you’re building with a Fortune 500 partner, advantage is everywhere — if you know how to use it.

That could mean early revenue from a flagship customer, proprietary data, access to supply chains or distribution, or simple validation. Most pre-seed startups don’t get to say, “Our first customer was a global enterprise.”

Ours do.

That’s why they often hit revenue quickly and raise follow-on funding in under 18 months.

Advantage also flows from our extended network — of investors, advisors, operators, and partner institutions.

We like to say, "If we aren’t creating advantage, we’re creating disadvantage."

There’s no middle ground.

A New Category, Still in Progress

We’ll continue to evolve what it means to be a Venture Builder. But what we know is this:

It’s no longer enough to say what we aren’t.

We are not a studio. We are not a consultancy. We are not an accelerator. We are something new.

We are partners in creation. We build startups from scratch with people and institutions who have something at stake. And we believe the best companies are the ones born from real problems that actually matter.

If you're sitting on a big, thorny problem — and traditional innovation paths aren’t cutting it — venture building might be the lever you’ve been missing.

Let’s build something that wasn’t possible before.

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