Engineered Innovation Group lands state tax incentives
The Indianapolis-based software development firm had one employee when it launched in December 2021. The company now has 26 employees—and big ambitions for continued growth.
Small Biz Startups
-
ClusterTruck spins off its software platform into a standalone business
The spinoff, Empower Delivery, is targeting independent restaurant chains that have between five and 50 locations in a market but haven’t yet gotten into delivery in a big way.
Read More -
IBJ Podcast: Is a funding slowdown hitting the local tech sector?
IBJ tech reporter Susan Orr talked with local tech firms and venture funders about the trends and tells host Mason King about their concerns and expectations.
Read More -
UPDATE: Tech startup Qualifi lands $2.5M in seed funding
Indianapolis-based Qualifi, which launched in 2019, offers technology that helps customers quickly screen job applicants using automated phone calls.
Read More -
Elanco, High Alpha Innovation launch ag-tech startup Athian
The startup, Athian, aims to help farmers and ranchers measure, and eventually monetize, their efforts to reduce the carbon footprint of their cattle operations.
Read More
Articles
Tech startup Qualifi lands $4.5M in growth capital
Indianapolis-based Qualifi, which launched in 2019, offers a platform that allows employers to quickly screen groups of job candidates via automated phone interviews.
Smart-mailbox startup rebrands as Arrive, expects to generate revenue soon
The company, which launched in 2019, hasn’t yet started earning revenue but it expects to do so by the end of the year, says founder Dan O’Toole. He said it’s also on track to meet hiring required to earn state incentives.
Indianapolis VC firm Ivy Ventures launches with $20M fund
Local entrepreneur and general partner Scott Kraege co-founded Ivy Ventures with Mike Reynolds, CEO of Indianapolis-based Innovatemap, and John Wortman, CEO and co-founder of Carmel-based Valeo Financial Advisors LLC.
High Alpha launches startup that helps marketing teams coordinate work
Indianapolis-based Tenon, which has been operating in stealth mode since December, offers a software platform that helps marketing teams plan and execute campaigns.
Chicago startup lands $3.8M in incentives to move to Indiana
Socian has developed a drone that can help gather information from the scene before police arrive. The founder says he was convinced to move to Indiana after having a good experience at an Indianapolis business accelerator program.
Carmel-based startup Blue Agilis lands $2.5M seed investment
Founded in 2021, Blue Agilis helps health care providers customize their care based on research and provides a structure to make sure that care gets delivered.
Indianapolis-based Studio Science acquires RevTech360
Steve Pruden, CEO of design and innovation consulting firm Studio Science, said the acquisition of RevTech360 adds new technical capabilities to Studio Science’s lineup.
Ag-tech startup Athian secures investors for $5M funding round
Athian expects to begin beta testing for its first product this month. The company was launched last year by Greenfield-based Elanco and Indianapolis-based High Alpha Innovation.
Local software startup Elate lands $4.9M VC investment
Indianapolis-based Elate was founded in 2019 by two former coworkers at another local software firm, Springbuk. Elate offers a platform to help organizations develop and execute their strategic plans.
Tech’s next frontier: Indiana companies are making their way to Web 3.0
Web 3.0 is built upon the core concepts of decentralization and openness. Its features include artificial intelligence, machine learning and blockchain technology.
Dorsey to headline IU Ventures networking summit
The IU Founders & Funders Network Venture Summit is scheduled May 18-19 at the Indiana Memorial Union. Only 185 tickets will be allocated for the event.
Broad Ripple-based software startup Yourco selected for SXSW pitch contest
Yourco, which offers a text-messaging-based communication for non-office workers, is one of 40 companies from around the world selected to participate in a pitch contest at SXSW, the massive tech/arts/cultural event in Austin, Texas.
Indianapolis-based High Alpha shifting to a founder-first model of biz creation
Traditionally, Indianapolis-based venture studio High Alpha has created new software companies by starting with an idea for a company, then finding an entrepreneur or team to lead that startup. High Alpha is shaking up that model this year.
Carmel-based Rangeline Solutions eyeing growth under new ownership
Rangeline Solutions, a Microsoft partner that offers supply-chain consulting services, has been acquired by Sweden-based Nexer, which plans to grow Rangeline’s Carmel office as part of its broader U.S. expansion plans.
Indianapolis startup Overfuel aims to streamline website experience for car dealers
Overfuel, which had its public launch this week, is targeting small- to medium-sized independent car dealers, offering them software that helps them streamline their websites and glean more information about customers’ online activities.
Local accounting-tech firm Decimal acquires cloud-based bookkeeping business from KPMG
Decimal, a software-as-a-service firm based in Indianapolis, has acquired the cloud-based bookkeeping business formerly owned by Big Four accounting firm KPMG.
Heartland Ventures closes $52M investment fund
The Ohio-based venture firm, which gets its funding from Indiana and Ohio companies, invests in tech startups developing products that can benefit those Midwestern investors.
Indianapolis-based franchising-tech firm Woven Brands lands $1.5M investment
Established in 2017, Woven Brands had been self-funded until now. The company’s software platform helps franchisee operators and multi-unit independent operators more easily manage their staff and operations.
Q&A with Titi Obasanya, a Nigeria native helping Hoosier entrepreneurs
Obasanya was living in Lagos, Nigeria, and planning to move to the United States when a LinkedIn ad for a job at Elevate Ventures caught her eye.