High Alpha startup Castiron lands $6M in seed funding

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Castiron Inc., an e-commerce platform company launched last fall by Indianapolis-based venture studio High Alpha, has raised $6 million in seed funding, the company announced Tuesday.

The seed funding comes from High Alpha along with New York City-based Bowery Capital and Boulder, Colorado-based Foundry Group.

Castiron offers an e-commerce platform that allows culinary artisans to connect with customers, sell online, manage inventory and delivery, and simplify business operations.

“We exist to help our artisans build successful businesses and we are heartened by the support of our mission by our new partners,” Castiron cofounder and CEO Mark Josephson said in a written statement. Josephson was formerly the chief executive of link management platform Bitly.

Castiron says it sees opportunities amid the industry disruption brought about by the pandemic. Namely, some of the people who lost their food-service jobs because of restaurant closures have since launched their own food-based businesses.

The company currently has nine employees: six in Indianapolis and one each in California, Ohio and New York City.

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