Startups to watch: Opendate
The Indianapolis-based startup is advertised as an all-in-one platform that offers tools in the three areas of scheduling concerts, processing tickets and marketing events.
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Startups to watch: StrapTech
A trio of young Indiana entrepreneurs has designed a product intended to minimize concern about loose cargo.
Startups to watch: Edge Sound Research
Since establishing significant operations in Indianapolis in late 2023, business has been booming for immersive audio company Edge Sound Research.
Startups to watch: BioBond Adhesives Inc.
Founder: Generational Food Rural Partner Fund, part of Big Idea Ventures Established: 2023 Top executive: Marc McConnaughey, CEO Equity raised: $6 million seed round, all from Generational Food Rural Partner Fund 2024 revenue: none Projected 2025 revenue: $3 million Employees: 14 Location: Westpoint (near Lafayette) Affiliations: BioBond uses licensed patent portfolios from Purdue University and […]
Startups to watch: 3Aware
3Aware is a technology company that helps medical-device makers generate the clinical evidence they need for development and approval.
Startups to watch: Verility Inc.
Founders: Liane Hart, Brian Kopp, Scott Baxter, Hadi Shafiee Established: 2018 Top executives: Liane Hart, CEO Brian Kopp, chief financial officer Hadi Shafiee, inventor and technical adviser Scott Baxter, chief product officer Equity raised: $100,000 pre-seed round, $100,000 seed round, $4 million Series A round 2024 revenue: none Projected 2025 revenue: none Employees: 4 Location: […]
Startups to watch: Tenon Software
Tenon is a marketing-automation and marketing-work-management platform built natively on ServiceNow.
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 […]