Q4 & Annual 2021 Indiana VC Report
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 […]
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 […]
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 […]
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 […]
State shattering capital raise records with latest 9-figure investment in OnBoard
At the mid-way point in 2021, Indiana has already more than doubled the dollar amount from capital investments and grants received last year by local tech companies and the state has easily surpassed the $358 million high-mark, which made 2019 a record-breaking tech investment year. Those dollars don’t even include the $240 million raised in […]
Philanthropy During A Pandemic: Kicking-off the Year-end Giving Season
Year-end giving during a pandemic takes on a whole new meaning in this virtual world. GivingTuesday has always been one of the largest single charitable giving days of the year. In a year of great need and uncertainty, 2020 was like no other. The philanthropic community and its supporters rallied for a record breaking day, […]