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Home » software as a service

software as a service

Innovatemap in midst of growth spurt, planning 15 hires and nearly $1M investment in HQ

May 12, 2021
IBJ Staff

The Indianapolis-based digital product agency plans to upgrade its Broad Ripple headquarters while enabling a hybrid model of in-person and remote collaboration.

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New York-based Simplifeye moving HQ to Carmel, hiring 75

July 30, 2020
Kurt Christian

Dr. Ryan Hungate, a Kokomo native who founded the medical-practice software firm in 2014, said he plans to spend up to $10 million to shift a majority of the company’s operations to Carmel.

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Lawrence-based Schneider Geospatial acquires Boston software firm

August 22, 2025 | Susan OrrSusan Orr

Lawrence-based software firm Schneider Geospatial, which has more than doubled its employee base over the past three years, just acquired its fifth company since 2022.

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Indianapolis-based Olio secures $11M venture investment

May 13, 2025 | Susan OrrSusan Orr

Olio offers a software platform that allows health systems, physician groups and insurers to coordinate patient care across different settings.

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New software-industry survey shows signs of optimism amid tech slump

November 22, 2024 | Susan OrrSusan Orr

The 2024 SaaS Benchmarks report, released this week by Indianapolis venture studio High Alpha, offers some reasons for optimism in the software-as-a-service sector amidst the ongoing tech slump.

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High Alpha makes first investment out of new $125M fund

October 25, 2024 | Susan OrrSusan Orr

Founded in 2009, Paccurate is a parcel intelligence platform that helps businesses pack their shipments more efficiently, saving up to 15% on transportation costs and reducing their carbon footprints.

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Indianapolis-based software startup Champion lands $3.3M in seed funding

September 6, 2024 | Susan OrrSusan Orr

Champion, a marketing data firm founded in 2023 by former employees of Salesforce and Aircall, has raised a total of $5.3 million since its launch.

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New High Alpha startup, Luster, offers AI-powered sales training

June 28, 2024 | Susan OrrSusan Orr

Luster, which launched out of Indianapolis-based venture studio High Alpha, offers a software platform that creates custom training sessions for salespeople. The company had its public debut this week and already has landed a few paying customers.

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High Alpha closes on $125M investment fund, downsizes staff

June 11, 2024 | Susan OrrSusan Orr

Fund IV marks some shifts in Indianapolis-based High Alpha’s operating strategy—notably, it plans to launch fewer companies per year than it traditionally has in the past, and it has cut its staff nearly in half.

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Tech firm MadeLabs moves from Chicago area to Fishers, eyes local growth

April 5, 2024 | Susan OrrSusan Orr

MadeLabs serves software-as-a-service companies and does everything from building software products for clients to helping them integrate or modernize their existing products.

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Fishers-based Membershine planning to add 61 jobs

March 19, 2024 | Susan OrrSusan Orr

Membershine, which launched in 2020, offers an online platform for membership-based groups such as homeowners associations.

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Indianapolis-based Bloomerang acquires Florida-based software firm

January 12, 2024 | Susan OrrSusan Orr

Bloomerang, which offers software tools for not-for-profit organizations, says its acquisition of Florida-based Qgiv will help fuel growth.

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Local software firm ConverSight.ai lands $9M in venture funding

August 28, 2023 | Susan OrrSusan Orr

Indianapolis-based software firm ConverSight.ai helps clients analyze their data and make business decisions. The company has raised a total of $15 million since its founding in 2017.

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High Alpha launches startup that helps marketing teams coordinate work

April 12, 2023 | Susan OrrSusan Orr

Indianapolis-based Tenon, which has been operating in stealth mode since December, offers a software platform that helps marketing teams plan and execute campaigns.

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Local software startup Elate lands $4.9M VC investment

March 14, 2023 | Susan OrrSusan Orr

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.

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For startup, helping people connect on LinkedIn is big business

December 9, 2022 | Susan OrrSusan Orr

Kennected, which expects to book $10 million in revenue this year, has about 140 employees in the United States and India. As of mid-November, the company was bringing in just over $600,000 in monthly revenue, a figure that’s growing 10% each month.

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Indianapolis-based tech firm Zylo lands $31.5M investment

November 29, 2022 | Susan OrrSusan Orr

The latest investment is the fourth major round of funding for Zylo, which was founded in 2016 and has raised more than $66.5 million to date. The company helps customers manage their software-as-a-service subscriptions.

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Indianapolis-based tech firm Saaslio acquired by Canadian company

October 14, 2022 | Lesley WeidenbenerLesley Weidenbener

Saaslio helps IT teams track the software their employees are using remotely, a service that has become more in demand with the growth of remote work.

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Indiana-based ag-tech startup lands $3M in seed funding

September 20, 2022 | Susan OrrSusan Orr

Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.

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Carmel-based tech firm Lumavate scores $6M investment

January 31, 2022 | Susan OrrSusan Orr

This is the sixth round of funding Lumavate has announced since its founding in 2015. The company offers a no-code platform that clients can use to create smartphone apps.

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2021 Newsmaker: Eric Tobias, Scott Dorsey, Mike Fitzgerald, Kristian Andersen; High Alpha partners

December 31, 2021 | Lesley WeidenbenerLesley Weidenbener

The pandemic has not slowed Indianapolis-based venture studio High Alpha—and in fact, the move to remote work and increasing dependence on technology has probably sped up its activity.

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High Alpha startup Filo lands $3M in seed funding

October 27, 2021 | Susan OrrSusan Orr

Filo, which was launched by Indianapolis-based venture studio High Alpha last year, offers an interactive platform for online meetings, gatherings and events.

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MAY 22-28, 2026

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