New High Alpha startup offers financial services to fellow startups
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Indianapolis-based venture firm High Alpha announced Wednesday that it has launched its latest startup—a finance and accounting firm called Topo Advisors.
Topo, the doing-business-as name for Propel Financial Services Inc., is an Indianapolis-based startup that has six employees. Its founder and CEO, Tim Page is a certified public accountant who previously served as finance manager at High Alpha.
Page, 30, was also named as one of IBJ’s 20 in their Twenties honorees in 2023.
During his time at High Alpha, Page helped more than 20 High Alpha portfolio companies plan for fundraising, hiring and growth.
Now, Topo plans to do something similar. The company will exclusively serve venture-backed startups, serving as a fractional executive to its clients.
Several of Topo’s early clients, in fact, are other High Alpha portfolio companies, including Flaunt, Tenon, Liminal, and The Engineered Innovation Group.
“We are thrilled to officially launch Topo, and to continue offering our expertise to the vibrant startup ecosystem we’ve grown alongside,” Page said in a written statement.
Fractional executives serve in temporary or part-time business management roles that can include services such as finance, accounting, human resources and more. The concept of hiring a fractional executive can be appealing to startups, who might not yet be able to (or need to) hire a full-time seasoned executive for certain roles.
Topo will operate from High Alpha’s headquarters at 830 Massachusetts Ave. in the Bottleworks District.