Local software firm Woven scores $8M in funding
Woven aims to streamline the hiring software engineers, a process that typically requires skills-testing and multiple rounds of interviews.
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Carmel-based tech firm Lumavate scores $6M investment
This is the sixth round of funding Lumavate has announced since its founding in 2015. The company offers a no-code platform that clients can use to create smartphone apps.
Indianapolis-based SEO firm Demandwell lands $5M in seed funding
Demandwell, which offers search-engine-optimization software, says the investment will help it reach growth goals that include tripling its revenues and headcount over the next year.
Indiana life science companies land a record $433M in venture capital in 2021
Indiana’s life-sciences sector, often hailed as a key driver of the state’s economy, landed a record $433 million in venture funding last year, despite the COVID-19 pandemic that challenged so many other sectors, from restaurants to airlines.
Tech firm Ironclad lands $150M in investment, plans to grow Indianapolis office
Ironclad, which allows users to negotiate, sign and manage online contracts, established a local presence when it acquired Indianapolis-based PactSafe a year ago.
High Alpha startup Castiron lands $6M in seed funding
High Alpha launched Castiron in October. The startup offers a platform for culinary artisans to sell their products, connect with customers and run their businesses.
American Resources partners with Heritage Group venture arm
Fishers-based American Resources Corp. said the effort will put the partners on the path to becoming the first and lowest-cost producer of domestically-sourced, purified and sustainable battery and magnet metals.
Carmel-based DriverReach lands $7.5M in equity funding
DriverReach, founded in 2016, offers a platform that makes it easier for customers to hire commercial truck drivers. The company said it plans to use its additional funding on hiring and product research and development.
Hoosier technology sector shatters investment record
TechPoint, the state’s not-for-profit tech accelerator, said the state saw more than $958 million in venture capital investment last year, which is nearly triple the previous record set in 2019.
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.
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.
CEO LaMothe set to step down at Elevate Ventures
During Chris LaMothe’s tenure, Elevate Ventures has grown to 16 funds with $150 million in assets under management and has invested nearly $125 million in about 450 startups
Tech firm Genesys lands $580M in funding
The company, which offers cloud-based software and other products for call-center operators, has a significant presence in Indianapolis but it’s unclear how the recent investment might affect local operations.
Allegion Ventures launches $100M technology investment fund
Allegion says it had such success with its first investment fund, which launched in 2018, that it’s now starting a second fund that’s twice the size of the original.
Fishers-based Formstack lands record $425M equity investment
The equity investment is by far the largest single capital raise by an Indiana-based technology company in the state’s history, according to Indianapolis-based TechPoint, a not-for-profit that supports the state’s tech industry.
High Alpha leads $10M investment in Chicago-based software startup Logik.io
Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.
Real estate tech startup Shaker lands $2M in seed funding
Shaker, which offers a platform for real estate agents and clients to communicate with each other, was launched last year by Indianapolis venture studio High Alpha.
Tech startup co-founded by Scott McCorkle secures another $7M in funding
MetaCX’s newest round of fundraising brings its total to $31.5 million, including multiple investments from several venture capital organizations.
High Alpha startup Filo lands $3M in seed funding
Filo, which was launched by Indianapolis-based venture studio High Alpha last year, offers an interactive platform for online meetings, gatherings and events.
Indianapolis chocolate business lands $5.25M in venture funding
The Indianapolis-based company behind artisanal chocolate brand SoChatti plans to use the funding to launch new products and innovations into the food-production industry. It also finalized its first industrial licensing agreement.