Startups face cautious investors amid economic woes
Many startups are attempting to find their wings at a time when consumers are tightening their belts and being more picky about how to spend their money.
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Q&A with Zach Garrett on his startup Liftify
The startup works with companies across North America to help them build stronger reputations by increasing online reviews from customers, which leads to a rise in organic search rankings and possibly more business leads.
Heritage Group finds success with venture fund
To date HG Ventures has invested nearly $200 million in a total of 30 companies, eight of which had been participants in The Heritage Group Accelerator.
Q&A with Titi Obasanya, a Nigeria native helping Hoosier entrepreneurs
Obasanya was living in Lagos, Nigeria, and planning to move to the United States when a LinkedIn ad for a job at Elevate Ventures caught her eye.
With new funding, Kheprw seeks to develop Black entrepreneurs
An organization focused on empowering Black residents in Indianapolis has received a huge boost as one of the first recipients of funding through the Indianapolis African American Quality of Life initiatives.
New High Alpha startup, Stitch, offers software consulting for Twilio users
Stitch, an Indianapolis-based software consultancy, was founded in July by three former leaders at Indianapolis-based Lev. Stitch now has about 20 employees, a number its CEO says could grow to 150 or more over the next three years.
Tax-credit online marketplace creates connections for more deals
Indiana’s entrepreneurial community has high hopes that the new service will help attract more out-of-state investment in Hoosier startups.
Online sneaker business is a Fishers father-daughter venture
Abby Vitale’s struggle to find sneakers she liked in a woman’s size 7 last year at a shoe resellers’ convention has led to a growing business and has established an online community for female sneakerheads.
Q&A with Dan Tashnek, who moved his California tech startup to Indy
Prevounce Health already had two remote employees here, and the central location and business-friendly climate were appealing. The company moved here in October, taking office and warehouse space on Post Road.
Auto enthusiasts pay $200K+ for customizable condos for their cars
The desire to connect with people who are passionate about anything with wheels and a motor led entrepreneur Jay Farmer to open Motor District Garage Condos in Westfield.
Entrepreneurial duo launches business to sell cornhole scoreboard
Paul Dytmire and Andy Klotz are learning it requires patience and money to develop and sell a product that helps cornhole players answer an often-heard question: “What’s the score?”
Filmmakers launch visual-effects company in Indianapolis
Directors Josh Boone and Josh Trank are two of 11 partners in new digital filmmaking company Helix Pictures Inc.
Indiana’s Mom Water could be 1-million-case success story
The drink, flavored water infused with vodka, debuted just 16 months ago. The company operates out of Ferdinand, 15 miles south of Jasper, and the product is manufactured in Indianapolis.
Q&A with Randy De John, who’s working to bring back customer service
Randy De John experienced the flaws of the food-delivery industry firsthand at his home in Fishers. So, being a restaurant industry veteran of 37 years and a former managing partner at Casler’s Kitchen & Bar, he decided to do something about it.
Cryptocurrency bank with Hoosier connections draws banking regulators’ scrutiny
San Francisco-based Anchorage Digital Bank, which announced in January its plans to open an Indiana office, is the subject of a consent order issued by federal banking regulators. But both the regulators and Anchorage say the bank is working to come into compliance with Bank Secrecy Act and anti-money-laundering regulations.
As demand to snag remote workers rises, Indy-based MakeMyMove fetches $2.6M
MakeMyMove, which launched about a year ago, will use the investment to scale up and hire several new employees, particularly in the areas of engineering, product development and sales.
Startups raked in $621 billion in 2021, shattering funding records
In 2021, investors more than doubled the amount of cash they handed out to startups, according to new data from research firm CB Insights.
Republic, Rolls-Royce sign on as investors in early-stage air mobility effort
Indianapolis-based Republic Airways, along with Rolls-Royce, are among numerous investors in Eve, an urban air mobility company that aims to develop an international network of electric vertical-lift aircraft.
2021 Newsmaker: Alan Bacon, Mali Simone Jeffers, GangGang co-founders
Mali Simone Jeffers and Alan Bacon had the idea for cultural startup GangGang just more than a year ago, while sitting together one night on their couch: Why not incubate the creative economy and culture like you might a technology company or sector, while promoting equity along the way?
2021 Newsmaker: Eric Tobias, Scott Dorsey, Mike Fitzgerald, Kristian Andersen; High Alpha partners
The pandemic has not slowed Indianapolis-based venture studio High Alpha—and in fact, the move to remote work and increasing dependence on technology has probably sped up its activity.