Flywheel Fund

Flywheel Fund is a member-managed venture capital firm located in Bloomington, Indiana, founded in 2020. The firm focuses on investing in early-stage and high-potential startups, with a particular emphasis on the technology sector, including life sciences and medical devices. By leveraging its expertise in software and technology, Flywheel Fund aims to support and nurture innovative businesses that demonstrate significant growth potential.

Pat East

Executive Director

Martina Fausto

Venture Analyst

Eric Steele

Managing Partner

Past deals in Indiana

Finniva

Pre Seed Round in 2022
Finniva Technologies operates a marketplace tailored for multi-family and commercial real estate developers. The company has developed software that streamlines the material sourcing process, allowing developers to efficiently find suppliers for direct materials. Its platform facilitates the comparison of options within the vicinity, manages project orders, and enables the issuance of purchase orders to multiple suppliers. By simplifying these processes, Finniva Technologies supports developers in locating the most suitable materials for their large-scale projects.

Qualifi

Seed Round in 2022
Qualifi operates a digital screening platform designed to enhance the hiring experience through on-demand phone interviews. The platform allows recruiters to pre-record, send, and manage audio interviews efficiently, enabling human resource professionals to conduct a high volume of interviews in a shorter timeframe. By streamlining the candidate screening process, Qualifi helps recruiters identify and engage top talent rapidly, often capturing responses on the first day. This approach not only saves time for both recruiters and candidates but also maintains a personal touch in the hiring process. As a result, Qualifi empowers organizations to improve their recruitment efforts and reduce the time to hire significantly.

Bee Corp.

Venture Round in 2022
Bee Corp. is a company that focuses on developing data analytics and decision-support solutions for beekeeping. Its primary products include Queen's Guard, a tool for monitoring and managing bee queens, which utilizes a beehive sensor and data analytics software to track hive conditions. The system monitors temperature and other critical data, sending alerts to users when it detects potential queen loss. Additionally, Bee Corp. offers Verifli, which employs infrared inspection technology to assess bee health and distribution, ensuring effective pollination for growers. By providing these advanced monitoring solutions, Bee Corp. aims to support beekeepers and contribute to the sustainable restoration of honeybee populations. Founded in 2016, the company is headquartered in Indianapolis, Indiana.

Invoke Learning

Seed Round in 2021
Invoke Learning is a developer of an education platform designed to enhance institutions' understanding of student engagement, sentiment, and success. The platform employs an artificial intelligence-driven approach to analyze data comprehensively, allowing educational organizations to leverage their entire data ecosystem. By unlocking specific behavioral factors that influence students, staff, and organizational activities, Invoke Learning equips institutions with essential tools to gain critical insights related to education. This capability enables institutions to navigate the evolving landscape of education more effectively.

Stagetime

Seed Round in 2021
Stagetime Inc. is an online professional network designed for the performing arts community. Founded in 2020 and based in Bloomington, Indiana, the platform facilitates connections among artists, agents, and artistic administrators. Users can enhance their professional development by engaging with industry contacts, showcasing their work, and collaborating with peers. Stagetime aims to foster relationships and support growth within the performing arts sector.

FloVision Solutions

Seed Round in 2021
FloWaste is a food analytic platform that optimizes supplier comparative analysis, meal performance, and food wastage. The platform also develops machine learning algorithms to detect food waste and offer recommendations to the user on how to reduce their "food-print" and save money. FloWaste was founded in 2020 and is headquartered in South Bend, Indiana, USA.

Qualifi

Pre Seed Round in 2021
Qualifi operates a digital screening platform designed to enhance the hiring experience through on-demand phone interviews. The platform allows recruiters to pre-record, send, and manage audio interviews efficiently, enabling human resource professionals to conduct a high volume of interviews in a shorter timeframe. By streamlining the candidate screening process, Qualifi helps recruiters identify and engage top talent rapidly, often capturing responses on the first day. This approach not only saves time for both recruiters and candidates but also maintains a personal touch in the hiring process. As a result, Qualifi empowers organizations to improve their recruitment efforts and reduce the time to hire significantly.

FloVision Solutions

Pre Seed Round in 2021
FloWaste is a food analytic platform that optimizes supplier comparative analysis, meal performance, and food wastage. The platform also develops machine learning algorithms to detect food waste and offer recommendations to the user on how to reduce their "food-print" and save money. FloWaste was founded in 2020 and is headquartered in South Bend, Indiana, USA.

Civic Champs

Seed Round in 2021
Civic Champs, Inc. is a software developer that provides an application designed to assist nonprofit organizations in managing volunteer activities and tracking essential data for grant applications. The app utilizes geofencing technology to monitor volunteer check-ins and check-outs, streamlining the process of hour tracking and engagement. In addition to time management, the platform facilitates small donations, event scheduling, and mentorship tracking, while offering real-time data access and feedback mechanisms. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs aims to reduce the administrative burden on nonprofits by automating volunteer management tasks. The application is available for download on both the App Store and Google Play.

Blueprint Stats

Seed Round in 2021
Blueprint Stats is a sports analytics company that transforms game film into performance data.

Qualifi

Pre Seed Round in 2021
Qualifi operates a digital screening platform designed to enhance the hiring experience through on-demand phone interviews. The platform allows recruiters to pre-record, send, and manage audio interviews efficiently, enabling human resource professionals to conduct a high volume of interviews in a shorter timeframe. By streamlining the candidate screening process, Qualifi helps recruiters identify and engage top talent rapidly, often capturing responses on the first day. This approach not only saves time for both recruiters and candidates but also maintains a personal touch in the hiring process. As a result, Qualifi empowers organizations to improve their recruitment efforts and reduce the time to hire significantly.

Civic Champs

Pre Seed Round in 2020
Civic Champs, Inc. is a software developer that provides an application designed to assist nonprofit organizations in managing volunteer activities and tracking essential data for grant applications. The app utilizes geofencing technology to monitor volunteer check-ins and check-outs, streamlining the process of hour tracking and engagement. In addition to time management, the platform facilitates small donations, event scheduling, and mentorship tracking, while offering real-time data access and feedback mechanisms. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs aims to reduce the administrative burden on nonprofits by automating volunteer management tasks. The application is available for download on both the App Store and Google Play.

Stagetime

Seed Round in 2020
Stagetime Inc. is an online professional network designed for the performing arts community. Founded in 2020 and based in Bloomington, Indiana, the platform facilitates connections among artists, agents, and artistic administrators. Users can enhance their professional development by engaging with industry contacts, showcasing their work, and collaborating with peers. Stagetime aims to foster relationships and support growth within the performing arts sector.
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