Indianapolis entrepreneurs launch AI training firm Pragmatico
Pragmatico, co-founded by Santiago Jaramillo, Rod Feuer and James Paden, offers hands-on workshops to help both beginners and advanced users effectively use AI in their organizations.
Small Biz Startups
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The Bee Corp. dissolves, but its technology lives on
The company’s signature technology, called Verifli, uses infrared imagery, data analytics and a smartphone app to determine the size of the bee colony inside a hive—a faster and less invasive method than manually inspecting the hive.
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Elevate Ventures moving HQ to prominent downtown building
Elevate Ventures, which occupies a 6,000-square-foot office on the north side of Indianapolis, will relocate to a much larger space at 1 Virginia Ave. within the next few months.
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Ireland-based startup Wiistream to establish U.S. HQ in Indianapolis
Wiistream’s introduction to Indianapolis came last year via One-Zero, a sports tech conference that takes place twice a year: in Dublin, Ireland, in the spring and in Indianapolis in the fall.
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Pacers sign uniform patch sponsorship deal with Fishers-based Spokenote
At Wednesday’s home game against the Milwaukee Bucks, the Pacers will debut their new Spokenote patches, which feature a black-and-white QR code. No other major sports team has ever had a QR code on its jersey until now, the Pacers said.
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Articles
High Alpha Innovation helps launch Japan-based venture studio
The U.S. is home to robust startup activity, but that’s not the case in Japan—which is what makes that country appealing for firms like High Alpha Innovation, its managing director said.
Zionsville-based tech startup Adverank plans to add 37 employees
Zionsville-based software startup Adverank has reached an incentives agreement with the state based on its expansion plan.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Indianapolis-based software startup Champion lands $3.3M in seed funding
Champion, a marketing data firm founded in 2023 by former employees of Salesforce and Aircall, has raised a total of $5.3 million since its launch.
Indianapolis tech startup Reportwell lands $1.1M investment
The founders designed the online platform to make it easier for K-12 schools to file required regulatory compliance reports. The company also sees opportunities in other regulated industries such as higher education, utilities and health care.
Indianapolis-based The Heritage Group hires entrepreneur-in-residence
Mitch Black’s main role is as an adviser to the New Venture Group’s 35 portfolio companies, helping them navigate the challenges that young companies face.
New High Alpha startup offers financial services to fellow startups
Topo Advisors was founded by its CEO, Tim Page, who formerly helped advise High Alpha portfolio companies when he worked as finance manager at the venture studio.
Elevate Ventures announces finalists for $1 million IN-Prize pitch contest
For this year’s contest, 10 of the 25 finalists are Indiana-based startups. In last year’s contest, only two finalists were based here.
Indianapolis tech startup Arrive calls off planned merger
Smart-mailbox startup Arrive AI, which in December announced plans to merge with Canada-based Brüush Oral Care Inc. and become a public company, says it has called off the deal.
New High Alpha startup, Luster, offers AI-powered sales training
Luster, which launched out of Indianapolis-based venture studio High Alpha, offers a software platform that creates custom training sessions for salespeople. The company had its public debut this week and already has landed a few paying customers.
Local tech exec R.J. Talyor launches marketing startup with $2M in seed funding
Talyor is the CEO and one of the four locally based co-founders of Backstroke, which uses generative artificial intelligence to create customized marketing emails at scale
Indianapolis-based tech startup Holder ceases operations
Holder, a blockchain-focused marketing tech firm, launched out of Indianapolis venture studio High Alpha in 2022. Its CEO told IBJ the company was too early to market in an emerging industry.
Sports Tech HQ initiative lands $4.5M in state funding
The goal of Sports Tech HQ is to build Indiana’s sports technology sector, in part by luring startups here and helping them connect with the state’s existing sports ecosystem.
Indianapolis-based Paxafe secures $9M investment
Paxafe’s software helps customers identify and avoid potential logistical disruptions in shipments of temperature-sensitive products such as pharmaceuticals and foods.
New ed-tech accelerator announces its first four participants
The program, a joint effort between Butler University, Indianapolis-based TechPoint and Wisconsin-based gener8tor, offers $100,000 investments to each of the participating companies.
Tech firm MadeLabs moves from Chicago area to Fishers, eyes local growth
MadeLabs serves software-as-a-service companies and does everything from building software products for clients to helping them integrate or modernize their existing products.
Lafayette-based co-working group offering entrepreneur training in Indianapolis
The seven-week program, called MBXax, covers topics including sales and marketing, business models, product/market fit and go-to-market strategies.
Online marketing firm Pneuma planning to relocate from Denver to Fishers
Online marketing firm Pneuma Media LLC plans to hire 26 people over the next five years, the company announced Tuesday.
Fishers-based Membershine planning to add 61 jobs
Membershine, which launched in 2020, offers an online platform for membership-based groups such as homeowners associations.