Startups to watch: Tenon Software
Tenon is a marketing-automation and marketing-work-management platform built natively on ServiceNow.
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Startups to watch: Backstroke
Backstroke provides a platform that helps business-to-consumer companies use generative artificial intelligence to create marketing messages for email, text and mobile notifications.
Startups to watch: Precision Care Technologies
Precision Care’s technology provides physical therapists, chiropractors, athletic trainers and others with precise, quantifiable data related to soft-tissue manipulation.
Startups to watch: Aerovy
Founder: Nick Gunady Established: 2023 Top executives: Nick Gunady, CEO Thomas Chen, chief technology officer Daniel DeLaurentis, chief scientist Equity raised: $1 million pre-seed round 2024 revenue: $227,000 Projected 2025 revenue: $1.1 million Employees: 5 Location: West Lafayette Affiliation: Purdue University Patents: The company’s technology is based on research by founder Nick Gunady with a […]
Q&A: Geng Wang works to help organizations that give back
Geng Wang and co-founder Michael Jeffrey launched the startup Civic Champs in 2019.
Startups to watch: Novilytic
The company—which provides tool sto pharmaceutical scientists and engineers—is projecting to reach $48 million in revenue within five years.
Startups to watch: Quasistatics Inc. (d/b/a Ixana)
Ixana provides chips and other technology that enables wearable and smart devices to securely communicate through touch by creating a private electric-field based network around humans,
Startups to watch: Stitch
Founders: Michael Burton, Bobby Tichy Established: 2022 Top executives: Michael Burton, CEO Brian Montminy, chief operating officer Bobby Tichy, chief solutions officer Stephen Rosenfeld, chief innovation officer Equity raised: did not disclose 2024 revenue: did not disclose Projected 2025 revenue: did not disclose Employees: more than 100 Location: Indianapolis. However, more than half of the […]
Startups to watch: Bereave
The Bereave platform offers tools for human resources and management teams to provide to employees and their families when they’re dealing with loss.
2025 Innovation Issue: What’s a startup? Most say it’s a company that’s young, disruptive and scalable
Even seasoned entrepreneurs and business executives have different takes about exactly what constitutes a startup—or at least a successful one.
Startups to watch: Adipo Therapeutics LLC
Adipo is developing a new approach to obesity treatment that converts subcutaneous white fat into healthier, energy-burning brown fat.
Startups to watch: Primary Record
Founders: Jean Ross, Jim McIntosh Established: 2020 Top executives: Jean Ross, CEO Jim McIntosh, head of product Dr. Chris Ross, chief medical officer Equity raised: $1 million pre-seed round that closed in December 2023 2024 revenue: less than $20,000 Projected 2025 revenue: more than $250,000 Employees: 3 Location: Fishers Affiliations: none Patents: none What does […]
Startups to watch: ReproHealth Technologies
ReproHealth makes devices to improve assisted reproduction in animals, including through in vitro fertilization and artificial insemination.
Startups to watch: Grannus Therapeutics
Founders: John Foglesong, Sanket Mishra, Brian Blagg Established: 2021 Top executives: John Foglesong, CEO and president Daniel Flynn, chief strategy officer Michael Rafferty, head of preclinical development Sanket Mishra, vice president of research Equity raised: $1 million seed round, $800,000 and $1 million from two bridge rounds, $700,000 Small Business Technology Transfer grant (non-equity) from […]
2025 Innovation Issue: Startup expert says founders need business skills in addition to a great idea
Rob Mathews, executive director of Ball State University’s Entrepreneurship Center, views leadership and innovation as inseparable attributes for a startup.
Innovation Issue 2025
Meet Indiana companies seeking to disrupt the health care, defense, agriculture, wearable device and even death industries using AI, quantum computing and other emerging technologies. These 20 companies are seeking to disrupt their industries Is the next Uber, SpaceX or Airbnb percolating right now in an Indiana co-working space, a university lab or even on […]
Indiana Historical Society to keep its building, land after agreement with governor’s office
The deal follows concerns raised during the 2025 legislative session over proposed budget language that could have stripped the nonprofit of its biggest asset.
Hoosier business executives say to voice tariff concerns, find alternative trade pathways
Representatives from Eli Lilly, Cook Medical and other Hoosier businesses gave advice about tariffs during the Indiana District Export Council’s annual trade and business conference Thursday at Newfields.
‘Innovation at every stage’: Lilly to invest up to $250M in broadened alliance with Purdue University
The extended partnership holds the potential to be the largest industry-academic agreement of its kind in the United States, Purdue President Mung Chiang said.
Residents, attorneys raise questions about city’s land acquisitions in planned Monon Trail expansion
City officials say the acquisition process is intended to clear up the ownership of the former rail line as they expand the trail from 10th to 96th streets.
