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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 […]

Raising venture capital is unnatural and unnerving, but it doesn’t have to be

There are people out there who just love venture capital fundraising. The thought of creating a new pitch deck and getting up in front of strangers to ask for money thrills them. These people are weirdos and you should either avoid them at all cost or become best friends with them, I’m not yet sure […]

ActiveCampaign Raises $240 million, hiring 40 people in Indianapolis

As founder and CEO of ActiveCampaign, my favorite part of growing the customer experience automation (CXA) category is watching the impact that it has on growing businesses and community. I’m thrilled to share that ActiveCampaign has crossed 145,000 customers in 170 countries, and has raised a $240M Series C funding round to continue accelerating the […]

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, […]

Investors care more about well-run companies solving real problems than ‘the hype’

Investors from two firms that have attended VC Speed Dating and invested in Indy tech companies share insights into what makes Indiana an attractive place to invest.