VC Report: Q3 2018 investments in Indiana technology companies

During the third quarter of 2018,  there were eight publicly announced capital raises by Indiana tech companies with a combined total of over $23 million in funding along with a $100 million raise by local venture studio, High Alpha.

$3 million investment including Salesforce Ventures will double Torchlite freelancer network

Torchlite, the platform for finding and managing on-demand digital marketing talent, announced today it attracted $3 million in funding to expand its tech-enabled network of digital marketing freelancers. Since its launch in late 2015 by former Apple VP Susan Marshall, Torchlite has raised a total of $5.5 million, secured over 100 new clients in 2017, and doubled revenue from 2016 to 2017.

40 VCs from 16 states discover Hoosier startups and scale-ups

Last week, TechPoint hosted the latest incarnation of this event called VC Social and VC Speed Dating, which drew a total of 40 venture capital firms from 16 different states and 43 Indiana-based startups and scale-up companies seeking potential investment.

Lessonly raises $8 million Series B led by OpenView

The year 2017 is turning out to be quite the successful year for Lessonly. The leader in team training software has hit record-breaking quarters, ramped up hiring efforts, and is today announcing a Series B raise of $8 million led by OpenView. Lessonly’s founder and CEO, Max Yoder, is no stranger to success. Founded in November […]

How venture banking can play a key role in tech scale-ups

As the tech ecosystem in Indiana continues to mature, it’s not uncommon to read stories about scale-up companies like Sigstr raising $5 million in a recent Series A capital raise, or SmarterHQ raising an additional $13 million in venture financing as part of an overall $33.6 million dollar raise. The days of venture capital activity staying […]