TechPoint's Logo

Indiana Tech Venture Report

Annual Edition - January 2023

Access details about Indiana’s second largest venture market activity year in history.

Gain insight on macroeconomic trends impacting tech venture capital in Indiana

TechPoint’s annual Indiana Tech Venture Report provides a crisp overview of the Indiana venture market in comparison with prevalent national trends. This collection of current data sets examines deal activity, deal value, investments and exits over time, sector activity, top tech verticals, and diversity in the Indiana tech venture space.

In this report:

  • Dig in to 2022 Indiana investment quantity and quality by stage, sector and region.
  • Familiarize yourself with new Indiana-based fund managers and the types of deals they seek.
  • See spotlights on featured tech companies across different sectors that raised sizable rounds or exited in 2022.
  • Access the results of our first-ever tech diversity survey including over 300 responses from venture-backed Indiana tech companies and Indiana venture investors.

Report Findings Preview

With the general venture market boom, companies in Indiana are faced with opportunities to compete for venture capital investments not just locally or regionally, but nationally and globally.

In 2022, Indiana saw 132 tech investments, totaling $441 million. Central Indiana continued to dominate, capturing 64% of total deal count and 69% of total deal value.

Promising diversification in vertical tech investments is progressing with the rapid acceleration of technology adoption in key sectors like ag, manufacturing & logistics, healthcare and HR industries.

Diversity Venture Data for the Indiana Digital Innovation Economy

Our free, 55-page 2022 Indiana Tech Venture Report includes a robust section that benchmarks Indiana’s progress in creating a more inclusive tech venture community. See metrics for:

  • Overall community – race & ethnicity
  • Overall community – gender & sexual preference
  • Board members – race & ethnicity
  • Board members – gender & sexual preference
  • Neurodiversity by role
  • Veteran status by role
  • Disability status by role
  • Venture investors – race & ethnicity
  • Venture investors – gender & sexual preference
  • Venture operators – race & ethnicity
  • Venture operators – gender & sexual preference


TechPoint couldn’t bring this high quality, executive-level research and content without the generous support of our sponsor partners. We’re pleased to recognize the following TechPoint innovation program sponsors.

Become an innovation program sponsor! Contact the TechPoint Engagement Team.

Ready to submit your own deal data?

Send TechPoint your deal data and help make our next venture report a comprehensive resource for the benefit of our community stakeholders and policymakers.

All submitted data are kept strictly confidential and will only be included towards the overall deal count, deal value and any market deal trends we are able to glean from the analytics.