Tech upstart Kerauno raking in the venture capital dough
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.
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Entrepreneurs using south-side food makerspace to create businesses
The Food Beauty Center, a new food-focused makerspace in Garfield Park aims to serve entrepreneurs two ingredients for success—collaboration and commercial kitchen space.
Little Nugget app turning into big business for new entrepreneur
Carrie Griffith thought there would be a demand for her photo editing and cataloging app, Little Nugget, which she developed during her first child’s nap time. But even she has been surprised at how quickly her new business has grown. Now she’s looking for funding to speed up growth even more.
Venture firm invests $8.3M in local startup with fat-replacement product
Indianapolis-based Epogee LLC has developed a fat substitute to reduce the calories in sweets and other comfort foods. The new investment will allow the firm to scale up.
IU fuels startups with new program to help faculty, staff with business ideas
Indiana University has launched a support program at all its campuses that school officials hope will lead to an onslaught of startups coming out of the school.
Out-of-state firms are sweeping up Indiana’s tech startups. Is that a good thing?
Experts are mixed on whether the buyout barrage is cause for concern or validation of success.
Daniel Jones, like his famous father, isn’t afraid to sling stones at giants
He thinks his ride-share company, Bloomington-based Nomad Rides, has a unique business model that can carve out market share from goliaths Uber and Lyft.
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.
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.
Tech veteran Qualls leaves Eleven Fifty Academy to launch Purpose.ly
The startup, which has been operating under the radar for several months, aims to connect companies and workers who share a common mission or purpose.
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.
Q&A: Entrepreneur’s fitness firm off to healthy start
Since starting his own personal training business while attending Indiana University, 30-year-old Tyler Davis has helped hundreds of clients stay on top of their game. His new startup focuses on clients who travel a lot.
Fast-growing logistics-software startup plans to hire 90
FreightRover—which began as part of the Indianapolis trucking company Celadon Group—sells software that helps clients optimize freight flow and streamline carrier payments for shippers, carriers and drivers.
Allegion, Heritage among corporations leaping into venture investing
A wave of corporations in central Indiana is creating venture capital arms, pushed partly by the desire to join the technological movement.
Perceivant’s digital course work finds following at 14 colleges
Leaders at locally based Perceivant hope to move to the head of the class with a platform they say offers a unique blend of customization and two-way communication between students and their instructors.
Software firm Perq raises $5 million from tech heavyweights
The company’s founders used millions of dollars in capital from their original company—which offered print and direct-mail services—to launch a software division.
State’s largest hops grower finds crop is labor intensive but rewarding
Crazy Horse Hops started with five acres of hops and has expanded steadily since. It’s also putting the finishing touches on a warehouse and processing facility.
Naptown Thrift founder, hip-hop artist finds success by blending the two interests
Aaron Marshall has used his passion to fuel his business—and the result is Naptown Thrift, a vintage clothing store specializing in the 1980s and 1990s.
IBJ Podcast: How an IU student turned her beekeeping hobby into a star startup
Ellie Symes, CEO of The Bee Corp., talks with host Mason King about being a young entrepreneur, taking risks and pivoting when you have to to make your company stronger.
Five firms selected for tech accelerator’s fall class
Nationally ranked firm Gener8tor has announced the five participants for its gBeta Indy fall class. They range from a company automating emotion recognition for user experience researchers to a consumer app for organizing, editing, and sharing milestone baby photos.