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Venture capital is the lifeblood of most startups and later-stage companies in growth mode. But much of the nation’s VC funding is concentrated in just a few places, which experts say makes it harder to raise money in the Midwest. Across the country, venture funds have raised less money since pandemic highs, which means the […]

3Aware is a technology company that helps medical-device makers generate the clinical evidence they need for development and approval.

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: […]

Tenon is a marketing-automation and marketing-work-management platform built natively on ServiceNow.

Backstroke provides a platform that helps business-to-consumer companies use generative artificial intelligence to create marketing messages for email, text and mobile notifications.

Precision Care’s technology provides physical therapists, chiropractors, athletic trainers and others with precise, quantifiable data related to soft-tissue manipulation.

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 […]

The company—which provides tool sto pharmaceutical scientists and engineers—is projecting to reach $48 million in revenue within five years.