The announcement comes six months after that investment division—High Alpha Capital—announced it had closed a $110 million venture fund that is likely to provide growth capital for its newest startups.
Humankind offers its customers–retailers like Saucony, TaylorMade Golf Co. and others–a way to connect with online customers and offer custom product recommendations.
Established in 2009, myCOI uses proprietary software and human expertise to help clients assure that they and their business partners have the proper insurance coverage.
Codelicious founder Christine McDonnell talks about the investment round, which was led by Indianapolis-based Allos Ventures and EduLab Capital Partners, a venture capital firm with offices in Boston and Tokyo that specializes in learning innovation.
Allegion Ventures has been focused on companies that make it easier for people to move seamlessly through building or that help building owners and managers track and monitor the way spaces are used in a post-pandemic world.
The Series A funding round was led by New York City-based 645 Ventures and Boulder, Colorado-based Foundry Group, with returning investments from locally-based High Alpha and Time Ventures.
Entrepreneur and private investor Rick Gibbs, who co-founded Dealer.com in 1998 and sold it Dealertrack for a billion dollars in 2014, has joined Driven Data as chairman as part of the investment.
The announcement comes five months after the company introduced its new product Halo, which uses artificial intelligence to make recommendations related to the quality of medical devices.
Sharpen’s latest round of financing brings the total amount raised by the firm to more than $55 million. It follows a year when its cloud-based customer service platform became much more relevant.
The Carmel-based business communications software company said the new funding will be used for ongoing product development and to boost hiring.
Carmel-based Market Wagon grew from five employees to almost 55 during the pandemic, prompting the need for more operations space. It also plans to expand from 29 to 50 markets by the end of the year.
Qualifi, an Indianapolis-based tech firm that makes and markets an on-demand screening platform allowing recruiting teams to conduct phone interviews for hundreds of candidates in minutes, has raised $600,000 in a pre-seed round of capital.
Discussion and debate at Friday’s IBJ Tech Power Panel event focused largely on how companies can do a better job recruiting and hiring diverse employees, as well as the ability of diverse entrepreneurs to raise venture and growth capital from a cadre of investors who largely remain white and male.
Podchaser, which was co-founded by Indiana University alum Cole Raven, recently closed a $4 million funding round with participation from Bloomington-based IU Angel Network and Indianapolis-based High Alpha.
Encamp, which makes and markets software that helps customers manage environmental data and the forms required for local and federal compliance, has now raised a total of $17.2 million. The most recent funding round was led by Boston-based OpenView with participation from High Alpha Capital and Allos Ventures—both of Indianapolis—and Bloomington-based IU Ventures.
The funding will be used to expand Indianapolis-based Casted’s staff and grow its platform with new integrations and partnerships, company officials said.
HG Ventures, the corporate venture arm of Indianapolis-based The Heritage Group, announced on Thursday a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom. HG Ventures joins a handful of other venture groups in the program following a competitive selection process
Indianapolis-based Trava Security Inc., which makes and markets an automated risk-management and cyber-insurance software platform, said it would use the funding on product development and to boost its workforce.
The strategic investment creates a partnership between the two companies that is expected to bring KAR customers a new slate of automated vehicle inspection products.
The new fund, High Alpha Capital III, is the largest yet from Indianapolis-based High Alpha Capital—the investment arm of venture studio High Alpha and one of the largest software venture capital firms in the Midwest.
