Startup Woven removes resume from hiring process
Woven bills itself as a software company that helps high-growth engineering teams hit ambitious hiring goals. And it recently hit one of its own: closing on its first round of funding.
Small Biz Funding
Articles
Indy tech firm Encamp grows by making environmental compliance easier
When Goshen native Luke Jacobs, an environmental scientist and self-taught techie, developed software to streamline his job, he got a tepid response from his employer. Displeased, he tapped his brainiac brother and equally smart Indiana University classmate to start their own firm.
Elevate Ventures makes 3-year investment commitment to Bloomington, Columbus
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties.
Venture Club’s Innovation Showcase is a go
After InXInnovate LTD suddenly cancelled its local event this fall, the Venture Club of Indiana was forced to hustle to re-schedule their annual Innovation Showcase. With the help of The Heritage Group and other corporate supporters, it’s now set for October.
Indianapolis animal care business doubles size with expansion
A K-9 officer for the Indianapolis Metropolitan Police Department and his wife have completed a $2.1 million expansion of their 15-year-old kennel and animal-care business.
Purdue grads’ app-driven bike-share business picking up speed
In 2016, Purdue University students Candice Xie and Edwin Tan were looking for an affordable, easy-to-use means to get around campus. So they started a company to fill the need.
Levementum beating growth projections, snags $4M in funding
Officials for digital consultancy Levementum said the capital recently secured from a group led by Chicago-based Inoca Capital Partners will be used in part to add about 40 employees at its Indianapolis office this year.
Tech guru Steve Case’s Rise of the Rest Seed Fund pulls Indy area tech firms onto global stage
Since October, when the flashy former CEO of AOL drove his Rise of the Rest bus tour to Indianapolis, his company—Revolution—has invested in three local companies.
Indiana startups raised $34.5M from venture capitalists in first quarter
The second quarter is off to a fast start, a sign that this could be a strong year for raising capital in the state.
Centerfield raises $310M, includes 2 local companies among investments
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.
Infosys, Salesforce Tower, IoT lab among year’s biggest local tech stories
Gov. Eric Holcomb’s Next Level Trust Fund, which designates $250 million for venture capital, also made our list.
FBI raids financial services firm in Westfield
The bureau so far isn’t sharing details on its interest in Banc-serv, which provides services for small business lenders.
IU preps new VC fund amid agency revamp
The school plans to unveil a new venture capital fund this summer under the purview of the Indiana University Research and Technology Corp., which was overhauled to better address startup needs.
Wisconsin accelerator laying groundwork for Indy expansion
Gener8tor, a Wisconsin-based startup accelerator, is looking to set up shop in Indianapolis within the next year. Today, there are no application-based accelerators in the area.
Don Brown leads $2M funding round in Carmel tech firm
Lumavate sells software to manufacturers so they can give their customers relevant information about products when they need it.
Langellier: Many tech firms would be better off here
TechPoint CEO Mike Langellier spoke with IBJ about his group’s evolution, his interest in the internet of things, and why elected officials are increasingly paying attention to tech.
Study finds Indy startups lag in job growth
Startups in Indianapolis often have barely grown after five years in business, according to a new study, a development that’s rekindled criticism of the local venture capital landscape.
Bob Compton helped plant seeds of now-flourishing local tech community
Bob Compton invests in documentary films today, but in the 1980s, 1990s and 2000s, he helped fund firms like Software Artistry, Interactive Intelligence, Aprimo, ExactTarget and TinderBox.
PitchFeast helps grassroots entrepreneurs turn business ideas into reality
The PitchFeast crowd votes on the best pitch, and the winner gets 75 percent of admission proceeds plus pro bono business services.
Indy Chamber, Chase collaborate on grants for new export efforts
JPMorgan Chase provided $200,000 to fund the chamber’s GoGlobal Export Acceleration Grant program, which will target smaller companies and provide up to $5,000 in matching funds to cover business and marketing costs associated with new export activity.