Funding News

TechPoint and Venture Club of Indiana announce INX3

For two years, TechPoint’s Winners’ Circle event has invited out-of-state venture capitalists to meet Indiana’s scale-up tech companies with a goal of creating relationships that lead to future investments. This year, TechPoint has partnered with the Venture Club of Indiana to create INX3, a multi-day event series that brings together Venture Club’s Innovation Showcase with

Kinney Group closes Series A round with Elevate Ventures and Plymouth Ventures

Kinney Group, Inc., a cloud solutions integrator serving the Global Fortune 2000, IT-centric mid-market companies, and US Public Sector organizations, announced today that it secured investment from Elevate Ventures. The participation from Elevate Ventures rounds out Kinney Group’s Series A growth funding raise when paired with the investment from Plymouth Ventures last fall, bringing the

R&D tax credits for startups: what has changed

The federal research and development (R&D) tax credit was created by Congress in 1981 as an incentive to increase R&D spending in the United States. Since then, the credit has been extended 15 times and made permanent by the Protecting Americans from Tax Hikes (PATH) Act of 2015. Historically, large, profitable manufacturers and software developers

Winning a Mira Award helped DemandJump grab attention from investors, media

DemandJump was in the process of raising a Series Seed round with the goal of raising $1.5 million when they brought home not just one, but two “Best of Tech in Indiana” Mira Awards last year. The fast-growing, Indianapolis-based scale-up company ultimately oversubscribed the Series Seed round and successfully closed $1.8 million in capital. “Winning

Why tech companies need venture capital

It’s not uncommon to read a national or local business publication and see another startup or scale-up tech company announce a recent fundraise. But why is venture capital important for tech companies to grow and break into the market? TechPoint President and CEO Mike Langellier knows a few things about tech funding. In January 2011