High Alpha portfolio company raises $3.5 million
Pattern89, formerly known as Quantifi, intends to use the latest round of funding to expand its marketing efforts, scale its platform, and grow its data science, sales, and marketing teams.
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Software firm Perq raises $5 million from tech heavyweights
The company’s founders used millions of dollars in capital from their original company—which offered print and direct-mail services—to launch a software division.
Indiana venture capital activity surges in third quarter, report says
Hoosier companies landed $53.5 million in venture capital on 16 deals from July 1 to Sept. 31, according the report released Tuesday.
Tech firm Sigstr secures $4 million growth capital investment
The investment round was led by Edison Partners. Funds will be used to advance new product development and enterprise market adoption, Sigstr officials said.
Local tech firm Emplify lands $7.5 million in venture capital
It’s the first round of growth capital secured by the company, which focuses on human resources-related software-as-a-service products.
Venture Club’s Innovation Showcase is a go
After InXInnovate LTD suddenly cancelled its local event this fall, the Venture Club of Indiana was forced to hustle to re-schedule their annual Innovation Showcase. With the help of The Heritage Group and other corporate supporters, it’s now set for October.
Heavyweight venture capitalists headed to local TechPoint event
Forty venture capitalists from 12 states will descend on Indianapolis Sept. 12 and 13 to network and hear pitches from some of the region’s most promising young tech companies.
Local sports groups, franchises team up with tech biz-accelerator operator
Local partners will include the Pacers, Colts and NCAA. But state officials declined to specify the contribution from Indiana’s Next Level Fund, a new state-backed venture pool with $250 million to invest.
Family-run firm to invest $50M annually via venture arm
Based in Indianapolis, The Heritage Group plans to look for investment opportunities globally but has a strong interest in investing in innovative ventures in its own backyard.
Kenzie Academy scores $4.2 million, plans to expand school
Butler University is among the group of investors in Kenzie Academy’s college-alternative model, which combines one year of immersive learning with one year of paid work in the company’s tech-consulting subsidiary.
High Alpha secures more than $100 million for two new funds
Indianapolis-based "venture studio" High Alpha on Monday announced plans to take operations to the next level by adding two funds worth more than $100 million and two new investors with national reputations.
Local technology firm lands $5.5 million in venture capital
PactSafe, an Indianapolis tech firm that offers clients a cloud-based contracting platform, said the infusion of capital will allow it to add up to 20 employees by year’s end.
Allos Ventures plans $50M-plus VC fund, adds director
The 8-year-old firm, which focuses on investing in early-stage Midwestern tech companies, this week filed plans with the Securities and Exchange Commission to raise $50 million to $100 million for the new fund.
Levementum beating growth projections, snags $4M in funding
Officials for digital consultancy Levementum said the capital recently secured from a group led by Chicago-based Inoca Capital Partners will be used in part to add about 40 employees at its Indianapolis office this year.
Software firm DemandJump lands $6 million in venture capital
The new funding will be invested into sales, marketing and product innovation expansion, company officials said.
Sports software firm lands $1.5M in VC
Officials for Upper Hand Inc. said the cash infusion will be used to develop technical and strategic partnerships and expand hiring efforts in customer support and product development.
Indiana life sciences firms raise record $111M in venture capital in 2017
A $44 million VC infusion in 2017 for biosciences firm On Target Laboratories was one indication that Indiana’s life sciences sector is finally starting to pull down some serious venture funding.
Venture studio High Alpha offers its firms mentoring, money, marketing and more
Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.
Carmel-based tech firm Lumavate raises $2.5 million in seed funding
The funding round included participation from locally based investors Allos Ventures, Collina Ventures, Elevate Ventures and former Interactive Intelligence CEO Don Brown, as well as others.
State set to unleash new venture funding
The Hogsett administration and the City-County Council are weighing whether to kill a little-known organization that has quietly worked the past two decades on the redevelopment of key downtown projects.