Funding News

Winning a Mira Award helped DemandJump grab attention from investors, media

DemandJump was in the process of raising a Series Seed round with the goal of raising $1.5 million when they brought home not just one, but two “Best of Tech in Indiana” Mira Awards last year. The fast-growing, Indianapolis-based scale-up company ultimately oversubscribed the Series Seed round and successfully closed $1.8 million in capital. “Winning

Why tech companies need venture capital

It’s not uncommon to read a national or local business publication and see another startup or scale-up tech company announce a recent fundraise. But why is venture capital important for tech companies to grow and break into the market? TechPoint President and CEO Mike Langellier knows a few things about tech funding. In January 2011

Indiana’s 2016 VC funding and acquisitions

Indiana’s startup, scale-up and enterprise technology companies had a banner year in 2016 in the way of venture capital funding and acquisitions. The latest PriceWaterhouseCoopers MoneyTree report indicates that 23 deals were made to Indiana tech companies for a combined $51.51 million in 2016, equating to an average deal size of $2.2 million. Thanks to

How Early-Stage Technology Companies Can Get Immediate Tax Savings Using R&D Credits

Congress, with the passage of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), enables small businesses to use research and development credits (R&D credits) to offset payroll tax liabilities and Alternative Minimum Tax (AMT) liabilities. Before the enactment of the PATH Act, R&D credits could only offset income tax and thus went

Plymouth Ventures invests millions in Indy-based Kinney Group

Cloud solutions integrator Kinney Group, Inc. is getting a multi-million dollar infusion of capital in a growth financing round led by Ann Arbor, Mich.-based Plymouth Ventures. Kinney Group counts Global 2000 public companies, IT-centric mid-market companies, and US Public Sector organizations among its clients, including being a leading integration partner for next-generation platform providers like Splunk,

Q3 2016 Investments for Indiana Technology Companies

The third quarter of 2016 saw a spike in the value of Indiana technology funding deals with a national acquisition and high-value raises from capital sources across the U.S. We compiled a list of funding deals announcements to highlight the Indiana technology companies and those that have invested in or acquired them. Mobile app software company Bluebridge

Realync expanding, moving headquarters to Indianapolis

Realync, the first cloud-based platform to enable live virtual property tours and open houses for the real estate industry, today announces the completion of a $1.1 million round of seed funding led by Meridian Street Capital, with participation from VisionTech Partners, M25 Group and Charmides Capital. Realync Real Time Touring Product Demo from Realync on Vimeo. Founded in

Doxly accelerates legal transactions, unlocks data intelligence

Legal transaction software company Doxly raises $2.2M

Doxly, an Indianapolis technology software company that launched out of High Alpha this past July, today announced they have closed a $2.2 million Series Seed funding round and added Dentons, the world’s largest law firm, as a customer. Doxly will use the capital to scale its technology platform and fuel hiring in product development, engineering, sales and marketing.