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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 […]

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 […]

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 […]

TechPoint fuels growth and diversity through VC Speed Dating

Investment into Indiana’s tech community is continuing to flow during the COVID-19 pandemic, and TechPoint isn’t letting up on its efforts to attract more investors to the state. What is new for the tech community growth accelerator is a focus on building relationships with more Black, Hispanic and women-owned venture capital firms, as well as […]

VC Report: Q3 2020 M&A and investments in Indiana technology companies

As the COVID-19 pandemic continues its march through now each quarter of 2020, investment in Indiana tech companies for Q3 has dipped below the solid rebound of Q2 by close to $4 million. It is worth noting that the activity in September was significantly higher than (nearly double) that of August or July, so there […]

3 Questions: Demystifying Technology Exits with John McDonald

This is a follow-up piece to Demystifying Venture Capital in our “3 Questions” series contributed by subject matter experts throughout the tech community in Indiana. This series takes complex tech topics and explains them in easy-to-understand ways without the dense jargon so every reader can learn a little bit more about our industry. So, you’ve […]