Torchlite promises to fix what’s broken with digital marketing

The sharing economy business model has definitely worked for billion dollar companies like Uber, Airbnb and Instacart. Now, professional services companies are venturing into interesting new operating structures that they are calling collaborative economy, or gig economy business models. With the launch today of Torchlite, Indianapolis can now claim at least two start-ups in this […]

ConsulTeams connects entrepreneurs with hassle-free, expert advice

The on-demand, digital economy continues to change the way we shop and interact with just about everyone and everything. You’re probably familiar with buying commodity services like a shared ride, an overnight stay, or getting your lawn mowed through an app on your smartphone. Now it’s professional services that are the next frontier in online […]

Two legacy Indiana tech companies acquired by private equity firms

Two of Indiana’s earliest software companies — companies that blazed tech trails and attracted and nurtured some of the state’s very first tech talent — have both been acquired by private equity firms. Carmel, Ind.-based loan-origination and portfolio-management software company Baker Hill was sold by former acquirer Experian for $100 million to The Riverside Co., a […]

Bill Godfrey’s five criteria for angel investing

When he was 30 years old, Bill Godfrey told his wife that he didn’t like the feeling of “having a job” and that he wanted to do something different. If his life were a television sitcom, this would be the moment when his wife gives him an “if-looks-could-kill” stare that puts an end to Bill’s […]

PrecisionHawk unmanned aerial vehicles closes on $10 million in Series B startup funding

Indiana-based PrecisionHawk, maker of unmanned aerial vehicles (UAVs) and cloud-based data collection software, has closed on a $10 million Series B startup funding round led by New York City-based investor Millennium Technology Value Partners with Bob Young, co-founder of RedHat, and The Innovate Indiana Fund. PrecisionHawk will double its workforce, open a new office and launch new software for […]