High Alpha portfolio company Structural acquired by Minnesota-based firm
Structural, which offers an employee-engagement software platform, was launched in 2017 by Indianapolis-based venture studio High Alpha.Read More
Westfield-based Taranis lands $40M growth investment
Taranis, which was founded in Israel in 2015 and moved its headquarters to Westfield in 2020, offers a software platform farmers can use to monitor and manage their crops.Read More
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
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.
Docket, which launched in 2019, wrapped up its operations in September after the meetings-platform company Zoom hired its team. In 2020, Docket had won Zoom’s annual “Whale Watch” competition, scoring a $1.25 million venture investment as a result.
Humankind is a software-as-a-service company whose platform allows retailers to make personal connections with online shoppers. Indianapolis-based venture studio launched the company last fall, and it now has 16 employees.
Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.
Indiana’s entrepreneurial community has high hopes that the new service will help attract more out-of-state investment in Hoosier startups.
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
The company, which has developed a workflow and collaboration software platform designed to improve post-acute care outcomes for patients, said it plans to use the funding to further product development and make key hires in several departments.
The Venture Club of Indiana, TechPoint, 50 South Capital and Elevate Ventures are hosting three back-to-back events next week for investors and Indiana founders. By working together, the organizations hope to gain more traction than they could separately.
More than 75% of venture capital is deployed in just three states—California, Massachusetts and New York. But 75% of the nation’s gross domestic product is outside those states.
Colaboratory offers a platform that helps brands identify potential partners and collaborate with them. The company, which has been operating in stealth mode since January, has now publicly launched.
This is the second major funding round for Trava, which was launched by High Alpha in 2020. The company offers cybersecurity risk management and insurance for small and medium-sized companies.
The technology, Fertile-Eyez, analyzes swine fertility, which enables livestock producers to accelerate reproduction among the herd.
Scale Computing CEO Jeff Ready said the $55 million investment will help the fast-growing company move closer to its goal of an initial public offering.
Indiana-based tech firms attracted a combined $166 million in investments last quarter, according to a report released this week by Indianapolis-based TechPoint. The quarterly total was up sharply from the first quarter, despite the nationwide tech slowdown.
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
Holder, the latest startup to launch out of Indianapolis-based venture studio High Alpha, offers a marketing platform built for the emerging era of blockchain technology.
Decimal’s software platform helps customers automate and outsource accounting tasks like bookkeeping and payroll. The company has added 30 employees since February.