Elevate Ventures

When ExactTarget Founders Scott Dorsey, Chris Baggott and Peter McCormick, sold their marketing software company for a record $2.5 billion, they became instant tech legends in Indiana and perhaps the world. But they didn’t stop there.   McCormick heads a B2B SaaS investment fund in New York City. Baggot launched ClusterTruck, and Dorsey teamed up with […]

TechPoint’s Senior Relationship Manager Roger Shuman is about to get a whole lot busier, and that’s a good thing for Indiana startup companies.  Shuman, who leads most of TechPoint’s investor-startup connection activities, has been tasked with implementing a new, free service called the Indiana VCI Marketplace. It’s designed to increase use of the state’s Venture […]

For 13 years, the Venture Club of Indiana has worked to attract investors interested in funding Indiana startup companies at its annual Innovation Showcase. The 2022 iteration of that event partners with TechPoint, 50 South Capital, which manages Indiana’s Next Level Fund, and Elevate Ventures to offer “(Ind)Venture.”  By partnering, the similarly focused groups will […]

Most of the worldwide venture market remains cautious amid economic uncertainty, but the Indiana tech ecosystem appears to be experiencing stable performance through the second quarter of 2022. In fact, with more than $166 million invested in 24 Indiana tech companies, the quarter garnered the third largest investment ever recorded by TechPoint since 2016. Fifty […]

Hoosier companies are now more often the acquirer than the aquiree TechPoint regularly tracks and reports on investments and M&A (mergers and acquisition) activity in the Indiana tech ecosystem within our Quarterly VC reports, including the most recent report. Sometimes, however, it’s good to step back and focus on what is happening over multiple years. […]

Records shattered as new leaders step into next phase of tech ecosystem Indiana tech investment, mergers & acquisition (M&A) activity in 2021 didn’t just break records: they ground those markers into dust. Perhaps more importantly, the indications from those bringing in that all-important capital are that the new generation of the state’s ecosystem are following […]

Twenty-two students shared in prize money from the 2021 TechPoint Summer Opportunities for Skills (S.O.S. Challenge) but competition organizers say every participant came out a winner. “It’s wonderful seeing how this crazy idea born out of a crisis just a year ago has turned into a powerful platform for pre-internship students to develop valuable skills, […]

Terminus secures $90 million giving outlook for 2021 a post pandemic boost Indiana’s tech sector shot out of the investment gate this year with $102 million in publicly announced raises, 15 M&A transactions reported, and two new, tech-focused venture capital funds.  “When you recall that Indiana tech companies raised a bit more than $174 million […]