Formstack landed $425 million and went quietly back to work
When news of Formstack’s jaw-dropping $425 million capital raise hit the news cycle last Thursday, it understandably set Indiana’s tech ecosystem abuzz. The investment led by Silversmith Capital Partners and returning investor PSG is by far the state’s largest tech capital raise in history. It came on the heels of two other triple-digit investments (Greenlight […]
Tech’s Growing Yield In Agriculture & Food Systems
Technology is playing an ever-increasing role in the world of agriculture and food systems. However, the current crop of Indiana tech companies making a noticeable impact in these areas might surprise you because they aren’t the conventional farming products and services you might think of when it comes to agriculture. “I’m seeing companies coming out of […]
VIDEO: OnBoard CEO talks about $100 million investment from JMI Equity
It’s been 18 years since Paroon Chada started OnBoard in Lafayette, Indiana, while he was still a student at Purdue University. As of June this year, the fast-growing software scale-up company was the leading board management and intelligence platform with its headquarters in Indianapolis, 140+ employees and more than 2,500 customers around the world. In […]
A front row seat to emerging Indiana entertainment tech companies
The unprecedented events of 2020 revealed gaps in consumer services and infrastructure that were either unknown or under-appreciated until the pandemic forced them to the fore. For example, grocery delivery and pick-up company Instacart seemed like a solution in search of a problem that was losing $25 million a month prior to the pandemic. In […]
One Click—now FGX International—celebrates anniversary with new branding and space
It’s been three years since FGX International acquired Greenwood, Ind.-based One Click, one of the country’s first successful online retailers. Team members have internally been working to adopt the new name, but it’s been only recently that they rebranded to the world. The company has also embraced its role as the international conglomerate’s North American […]
VIDEO: Greenlight Guru CEO talks about $120 million investment from JMI Equity
Just as summer was officially starting last month, Indianapolis-based Greenlight Guru announced that the fast-growing software scale-up had inked a deal with JMI Equity for the largest single investment ever in an Indiana tech company. Greenlight Guru is known for pioneering a new category of quality management software specifically designed to boost the success of […]
Industry pioneer Zylo reaches 5-year mark as SaaS management goes mainstream
A little more than five years ago, Eric Christopher, Ryan Carroll, Cory Wheeler and Ben Pippenger took an idea to High Alpha’s new venture studio. They noticed the proliferation of software as a service (SaaS) subscriptions happening at organizations—lots of SaaS applications were being purchased by business units and employees, with seemingly no one keeping […]