Startup for therapeutic gear raises $3M on way to market
Fishers-based Recovery Force LLC, which develops high-tech compression wearables for medical patients, athletes and military members, is working toward FDA approval.
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Tech veterans jumping back into saddle
Older technology entrepreneurs and executives who have experienced successful corporate exits often limit their startup involvement to mentoring, investing and board membership. But a raft of veteran technology leaders are getting involved again in a hands-on way.
Soaring Rx costs lift firm’s prospects, job creation
Rx Help Centers assists employers and customers as they navigate through the confusing web of prescription drug discounts. Business is so good that the company hopes to add 250 workers by 2017.
Research shows benefit of women in startup management teams
Recent research has found that high-growth startups with women on their management teams outperform those with all-male teams—a discovery that has spurred several central Indiana organizations to step up efforts to boost gender diversity.
Co-working space with charity bent to launch in Lawrence
Launch Cause, which will operate out of a new building at the former Fort Benjamin Harrison, bills itself as Indiana’s only co-working space specifically targeting not-for-profits.
Fantasy-football app developers team with DraftKings, ESPN’s Matthew Berry
Local entrepreneurs Mark Welsh and Charlie Russell last year started an app development company. And this year, they inked partnerships with ESPN fantasy football guru Matthew Berry and daily fantasy sports behemoth DraftKings for their first major endeavor.
Craft breweries rush to open outposts in northern suburbs
Small breweries are tapping the northern Indianapolis suburbs. Four have opened just this year, essentially doubling Hamilton County’s craft beer market. And that growth is expected to continue.
Globe-trotting financier launching angel firm
Indianapolis native Danny Chan, a managing director at Iconic Private Equity Partners, a Hong Kong-based firm, is back home in Indiana and ready to launch an angel investing group here that will help fund Hoosier startups of all stripes.
Upbeat Baggott boosts funding, tweaks ClusterTruck for rollout
The ExactTarget co-founder is wrapping up a $2 million seed-funding round and adjusting his new startup’s business model in anticipation of a December launch.
Startup haven Speak Easy taps new executive director
Danielle McDowell, 31, is best known locally for co-founding and selling hair products website Loxa Beauty to an industry giant in 2013.
Zionsville software startup lands $1M in venture capital
It’s the first venture funding round for 3-year-old Clear Software, an early mover in the trend of making pre-existing business software easier to use.
Startup now giving Interactive Intelligence big boost
Interactive Intelligence CEO Don Brown invested three years ago in a startup formed by an exiting employee. Last year, Interactive bought that startup–OrgSpan–and the move is starting to pay off.
Anderson company participates in White House Demo Day
President Barack Obama hosted the first White House Demo Day on Tuesday with more than 31 startup companies throughout the country represented, including one from Indiana.
Indy launches biz portal aimed at streamlining permitting
Indianapolis has joined about a dozen cities in hiring a California startup to develop a portal designed to help small business owners cut through red tape.
Pioneer in 3D printing has high hopes for education startup
Kim Brand and a business partner have launched a “maker space” startup focused on the education market, called 1st Maker Space. It targets students in formal and informal class settings, and 3D printers are just a part of its arsenal.
Local startups’ aim: Remodel home-services industry
Angie’s List has long been considered the 800-pound gorilla in the home-services market, an industry estimated to be worth at least $400 billion annually. But three tech startups from its own back yard believe they can better connect consumers and service providers.
Startup gives college baseball teams a competitive advantage
Noblesville-based Diamond Charts LLC has become a huge hit among college baseball teams big and small since two Rose-Hulman Institute of Technology alumni launched it in early 2013 with $200 and what seemed like a crazy idea.
Tech firm Bookacoach calls audible on business plan
Company officers are pleased so far with a bold decision last fall to ditch the consumer marketplace entirely and instead start selling software that helps sports academies run their businesses.
Startup-boosting groups emphasize brevity as virtue
Bite-size speeches are the thing at mingling events these days, as organizers aim to add speakers but avoid long, boring addresses. Getting to the point has always been valued in the business world, but some events now have rules around it.
OneJet sees opportunity offering six-seat, nonstop flights
Startup OneJet flies six-passenger Hawker 400s between medium-size cities like Indianapolis, Milwaukee and Pittsburgh.