A carpe diem call to action for Midwest tech entrepreneurs and investors
There are great entrepreneurs and great companies everywhere. Including in Middle America. In cities such as Indianapolis, Louisville, Lexington and Cincinnati, there are emergent entrepreneur-led ecosystems. A growing contingent of investable opportunities continues to build, but venture capital formation in Middle America has not matched supply and demand. This market imbalance has created an opportunity […]
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 […]
Q3 2021 VC Report: Billions Served
In less than three years, Indiana tech companies have raised more than one billion dollars, and our review of 2021’s third quarter shows no letting up of the record pace in capital raises that began late last year. The sector closed the third quarter of 2021 with more than $159 million in 12 publicly announced […]
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 […]
Q2 2021 VC Report: Record Rebound!
To call the second quarter of 2021 a rebound for investments in Indiana’s tech ecosystem is an understatement: there has never been a bigger quarter (or even year) for tech investment in Indiana history. That claim is based on a review of TechPoint-collected information on publicly announced investments, which stretches back to 2014, as well […]