Canopy, founded late last year under the name Loupe, makes and markets software that uses artificial intelligence to gather sales and product usage data.
The funding round was led by Allos Ventures and High Alpha Capital, both of Indianapolis, with participation from IU Ventures.
Executive coach Peter Fuller developed an artificial intelligence-driven platform that lets business leaders know how effectively they’re leading their firm and whether their company is headed in the right direction.
The software-as-a-service company, which was founded in the second quarter of last year, recently secured a local tech veteran as its CEO and hit its primary goal on its seed round of funding.
The latest is firm for venture studio High Alpha is Casted, a software-as-a-service firm that markets a platform for branded podcasts—those produced by businesses and other organizations.
Giving away your product is not usually considered an ideal business model. But a growing number of software firms are doing just that.
Indianapolis-based accounting firm Somerset CPAs said its new tech company, Somerset Cloud, is on a path to go national.
Selfless.ly Inc. announced plans Thursday to grow operations significantly over the next four years as it expands operations in downtown Indianapolis.
Indianapolis-based software and service Parker Technology LLC said the series seed funding round was led by Elevate Ventures and several local investors.
Edify Labs Inc., a contact-center software firm founded in Carmel a year ago, announced Tuesday that it has raised $10 million in seed funding in one of the largest funding rounds of its type this year.
Zylo is a software-as-a-service company that helps enterprises manage other SaaS subscriptions. It was launched out of High Alpha Studio, the Indianapolis-based startup and venture firm.
Fishers-based tech firm Formstack is growing so fast, it’s considering opening a second local office, possibly in downtown Indianapolis. Formstack has made four acquisitions in eight months and five in 20 months and now has 200 employees and offices in multiple states. Company officials say there are no plans to slow the growth.
Doxly, which helps clients collect and manage legal documents through a cloud-based platform, has been purchased by Litera Microsystems, a growing provider of document-management software.
ClearObject, a Fishers-based tech firm, this week rolled out its latest product and announced a new partnership with computing giant IBM that company officials said will help significantly grow their business.
Founded in 2017, Boardable plans use the investment on talent, product development, marketing and sales—with the goal of doubling employment by the end of the year.
The software as a service—or SaaS—market is going gangbusters.
The Series A round was led by New York City-based Tenfore Holdings, with contributions from existing investors Mentor’s Fund of Redwood City, California, and McLean, Virginia-based UpOver Ventures.
The communications-workflow software is super-charging its growth with what many believe is a record haul of venture capital, in the form of a $25 million Series A round of funding.
The investment round was led by Edison Partners. Funds will be used to advance new product development and enterprise market adoption, Sigstr officials said.