High Alpha funding firms far and wide with $21M war chest
The Indianapolis-based venture studio and its investment arm have been looking beyond Indianapolis, making investments in out-of-town companies and forging a national reputation.
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Octiv strikes harmony with new investor, lands $4.75M
The sales software firm formerly known as TinderBox raised nearly $5 million in a funding round led by GE Ventures, the venture capital arm of General Electric.
Venture capital firm refuels with new $65 million fund
Chicago-based Hyde Park Venture Partners, which established an Indianapolis office in 2015, said it plans to invest the capital in about 75 companies over the next few years, mostly in the Midwest.
File-management software firm grabs $1.1 million in first VC haul
SmartFile Inc. secured the investment from Vision Tech Angels and Elevate Ventures. It plans to use a majority of the cash on sales and marketing.
New venture firm Charmides off to blazing start
Charmides, one of the area’s newest venture capital funds—was launched in June 2015 by a 27-year-old basketball player from Carmel and his father.
Carmel software firm lands $1.5M in VC from big names
Founded in early 2015, Bolstra pivoted to selling software this spring and then secured equity capital from Bill Godfrey’s 4G Ventures, among others
Bluebridge raises $3 million in VC, launches subsidiary
The Fishers-based company has pulled more venture capital from existing and new investors, part of which will fuel the growth of a new employee-engagement company.
Hoosier companies land $26M in VC as activity heats up
Indiana had its most active venture investing quarter in 16 years, led by a mix of relatively new startups and young companies in expansion mode.
Biotech firm lands funding for cancer targeting
Animated Dynamics Inc. has raised $1.7 million in early funding to help it get its technology to market.
Study finds Indy startups lag in job growth
Startups in Indianapolis often have barely grown after five years in business, according to a new study, a development that’s rekindled criticism of the local venture capital landscape.
Former Finish Line execs help sports-software firm score $1M
Indianapolis-based Upper Hand Inc. got an assist from investors including Finish Line Inc. co-founder Larry Sablosky.
DemandJump attracts more big-name investors with $1.8M round
The marketing software company, which was named “Startup of the Year” by TechPoint, has lured equity capital from Collina Ventures partner Mark Hill and a prominent Boston-based venture capitalist.
Bob Compton helped plant seeds of now-flourishing local tech community
Bob Compton invests in documentary films today, but in the 1980s, 1990s and 2000s, he helped fund firms like Software Artistry, Interactive Intelligence, Aprimo, ExactTarget and TinderBox.
Carmel whiskey business lands $7.5 million in funding
Beach Whiskey LLC, led by beverage entrepreneur J. Smoke Wallin, announced Thursday it has snagged enough financing to begin selling its product in California, Florida and Hawaii.
Indianapolis health analytics company lands nearly $4M in VC
Springbuk, which aims to simplify the jobs of HR benefits and wellness managers, plans to use the money on product innovation and hiring.
Broad Ripple media firm nets $25M in equity round
Odyssey, a Broad Ripple firm behind a fast-growing website for millennials, has raised a game-changing sum as it plans more hires.
State’s life sciences sector on rise while struggling with talent, capital
Shortages of workers and investment dollars remain the two biggest challenges for Indiana’s life sciences industry, which otherwise is showing robust vital signs and embarking on high-profile collaborations.
Hoosier startups grab $24 million in VC in first quarter
As venture investments ebbed in the first quarter nationally, Indiana slightly increased its pace of fundraising. Most of the funds, though, went to one company.
CloudOne raises $9M to fuel growth in ‘Internet of things’
The Fishers-based company, which helps manufacturers manage their Internet-connected products, now has raised about $21.9 million since its inception in 2010.
Local software firm Lesson.ly lands $5 million in VC
Lesson.ly, which sells cloud-based employee-training software, brought on a new investor thanks in part to former ExactTarget CEO Scott Dorsey.