Tech startup led by Scott McCorkle lands $5.1M in angel funding
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
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Indy-based Olio Health secures $13M in growth funding
The company, which has developed a workflow and collaboration software platform designed to improve post-acute care outcomes for patients, said it plans to use the funding to further product development and make key hires in several departments.
New (Ind)Venture collaboration features three local VC events
The Venture Club of Indiana, TechPoint, 50 South Capital and Elevate Ventures are hosting three back-to-back events next week for investors and Indiana founders. By working together, the organizations hope to gain more traction than they could separately.
Jackson M. Andrews: A carpe diem call to action for Midwestern investors
More than 75% of venture capital is deployed in just three states—California, Massachusetts and New York. But 75% of the nation’s gross domestic product is outside those states.
Newest High Alpha company helps brands collaborate
Colaboratory offers a platform that helps brands identify potential partners and collaborate with them. The company, which has been operating in stealth mode since January, has now publicly launched.
Indianapolis-based Trava Security lands $4.5M in venture funding
This is the second major funding round for Trava, which was launched by High Alpha in 2020. The company offers cybersecurity risk management and insurance for small and medium-sized companies.
Ag tech startup closes $3.5M funding round for livestock fertility platform
The technology, Fertile-Eyez, analyzes swine fertility, which enables livestock producers to accelerate reproduction among the herd.
Indianapolis-based Scale Computing lands $55M investment
Scale Computing CEO Jeff Ready said the $55 million investment will help the fast-growing company move closer to its goal of an initial public offering.
Indiana’s tech firms saw strong venture investment activity in 2Q
Indiana-based tech firms attracted a combined $166 million in investments last quarter, according to a report released this week by Indianapolis-based TechPoint. The quarterly total was up sharply from the first quarter, despite the nationwide tech slowdown.
Elevate Ventures is opening its annual pitch event to the public
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
New High Alpha startup Holder aims to tap potential of Web 3.0
Holder, the latest startup to launch out of Indianapolis-based venture studio High Alpha, offers a marketing platform built for the emerging era of blockchain technology.
IBJ Podcast: Is a funding slowdown hitting the local tech sector?
IBJ tech reporter Susan Orr talked with local tech firms and venture funders about the trends and tells host Mason King about their concerns and expectations.
Tech firms grow wary as funding streams slow
The red-hot tech industry is cooling down, and local industry insiders say they’re preparing for a landscape in which venture funding may be harder for companies to secure.
Accounting-tech firm Decimal lands $9.2M investment
Decimal’s software platform helps customers automate and outsource accounting tasks like bookkeeping and payroll. The company has added 30 employees since February.
Indianapolis-based tech firm Encamp lands $30M investment
Encamp’s software helps its customers fulfill environmental reporting and compliance issues. The company has attracted $47.2 million in investment since its launch in 2017.
Fishers tech firm Vibenomics lands $12.3M in growth capital
Fishers-based Vibenomics, which provides in-store music, audio advertising and messaging to retail customers, said the funding will help fuel its growth.
Tech leaders say increasing support for new graduates, investors can strengthen tech sector
Local tech-industry executives say an expansion of an existing investor tax-credit program, plus an increased emphasis on high-school computer education, would go a long way to help support the state’s tech sector.
Indiana life sciences companies landed $15B in funding in 2021
The funding included 39 Indiana life-science companies raising $433.5 million last year in venture capital, an increase of almost $200 million compared to 2020, according to a report issued by BioCrossroads.
Marketing-tech startup Prodport lands $3.6M investment
Prodport’s CEO and cofounder is Ohad Hecht of Carmel, who formerly led marketing-tech firm Emarsys until leaving that company last year.
Seasoned local executive Ting Gootee tapped to lead TechPoint
Gootee, who has been the chief investment officer at Indianapolis-based Elevate Ventures since 2014, is a well-known figure in Indiana’s technology, investment and entrepreneurship circles.