Anchorage, Alaska · Established 2019
Patient, conviction-led capital for the companies reshaping the next economy — from the ground up.
Our Story
Denali Peak Capital was founded on a simple belief: the most durable companies are built by operators who understand the terrain. We back founders solving hard problems in markets the coasts often overlook.
Every partner has founded, scaled, or operated a business. We understand the altitude that comes with building from zero.
We take meaningful stakes and stay committed. A smaller portfolio means deeper relationships and more useful capital.
We believe the Pacific Northwest and Mountain West are producing world-class companies at a fraction of coastal valuations.
We are not managing to a three-year cycle. We invest alongside founders for the full climb — from seed through meaningful liquidity events.
What started as a small seed fund in 2019 has grown into one of the region's most active early-stage investors. We manage capital across two funds for a select group of institutional LPs and family offices who share our long-term orientation.
Our edge is proximity — to founders, to markets, and to one another. Decisions are made by a small, aligned team that doesn't need committees or consensus. When we believe in a founder, we move fast and stay close.
Fund Investments
We invest alongside a select group of best-in-class regional fund managers — each with deep operator roots, concentrated positions, and a long-horizon orientation that mirrors our own.
Growth Equity
Venture
Real Assets
Private Equity
Venture
Investment Thesis
We concentrate on three themes where we have deep operator knowledge and where regional advantages compound over time.
The energy transition creates enormous opportunity in a region rich with renewable potential — hydro, wind, geothermal, and emerging storage. We back the software and hardware enabling that shift.
Legacy industries — mining, agriculture, logistics, fisheries — are decades behind on digitization. Modern software stacks built for these verticals can achieve category-defining outcomes with modest capital.
Connectivity is the foundation of every opportunity ahead. We invest in the networks, platforms, and protocols making the Pacific Northwest and Mountain West competitive on a global stage.
Our Team
A tight-knit team of operators, investors, and builders with deep roots in the region and genuine conviction in the companies we back.
Barb Rockenbach
Managing Partner
20 years scaling energy and infrastructure businesses across the Pacific Northwest. Previously COO at ArcticGrid prior to Denali's founding investment.
Grayce Paoletta
General Partner
Former founder and operator with two exits in enterprise SaaS. Leads portfolio construction and sourcing across Idaho, Montana, and Washington.
Ian Beaudoin
General Partner
Built and sold two climate-tech companies before moving to the capital side. Leads all energy and climate investments and sits on four portfolio boards.
Mark Durrant
Partner
Operator background in digital infrastructure and broadband networks. Leads investments across connectivity, data, and emerging digital platforms.
Noah Dudziak
Partner
Previously a principal at a Pacific Northwest growth fund. Focused on supply chain, logistics, and cold chain technology investments.
Siam Fiaz
Partner, Health Tech
Physician and entrepreneur with deep expertise in rural health delivery. Leads all healthcare and telehealth portfolio investments and strategy.
Vinay Singh
VP, Platform & Operations
Builds the systems and relationships that help portfolio companies scale — from talent pipelines to LP communications and fund operations.
Get in Touch
We respond to every thoughtful inquiry. Whether you're a founder, LP, or fellow investor — we'd like to hear from you.
737 W 5th Ave, Suite 1800
Anchorage, Alaska 99501