Elevate Ventures

Elevate Ventures is a not-for-profit organization based in Indianapolis, Indiana, dedicated to nurturing and developing high-potential businesses across the state. Founded in 2011, it focuses on emerging companies that identify market needs and are positioned to transition effectively from research to product development and market entry. Elevate Ventures conducts rigorous business analysis and provides robust advisory services, partnering with entrepreneurs, investors, and local organizations to enhance long-term success. The firm targets innovation-driven companies across various sectors, including software, life sciences, and hardtech, particularly those with a significant presence in Indiana and a minimum total addressable market of $500 million. By addressing market barriers such as management, business development, and talent retention, Elevate Ventures not only offers financial resources but also ensures sustained business growth and success. Its seasoned staff and external partners provide objective insights and recommendations, reinforcing the organization’s commitment to fostering high-performing companies that contribute to the local economy.

John Bodman

Venture Partner

Rosanne Burge

Senior Partner

Christopher Day

CEO

Donn Dimond

Venture Partner

Doug Ding

Operating Partner

Kristin Eilenberg

Vice President

Ting Gootee

Founding Member and Chief Investment Officer

Mark Gramelspacher

Investor

Nicholas Kuhn

Vice President

Mark Maassel

Director

Cy Megnin

Vice President

Ben Nahir

Principal

Titi Obasanya

Vice President

Sara Omohundro

Principal

Patrick Sweeney

Principal

Matt Tyner

Managing Partner

Past deals in Midwestern US

Prospect XR

Pre Seed Round in 2022
Prospect XR develops innovative community-building software.

Parker Technology

Seed Round in 2022
Parker Technology LLC, based in Indianapolis, Indiana, specializes in cloud-based parking solutions, focusing on enhancing customer service within the parking industry. Founded in 2010 and originally named Remote Property Monitoring LLC, the company provides a video intercom kiosk known as PARCS, which assists users in locating parking facilities and connects them with call center representatives for immediate assistance. Parker Technology's services address a critical gap in the industry, as 85% of assistance calls originate from user difficulties with automated systems rather than equipment failure. Their platform equips customer service representatives with a comprehensive dashboard that includes facility information and real-time performance data, allowing for efficient resolution of calls. By facilitating human interaction in increasingly automated environments, Parker Technology aims to improve the overall parking experience for users across the United States.

American Evidence

Seed Round in 2022
GUI-based automation and evidence management with blockchain backing for courts and cops and everyone in between.

Perpetua Technologies

Pre Seed Round in 2022
Perpetua Technologies is manufacture Calcium-based batteries.

ArtBot.tv

Pre Seed Round in 2022
ArtBot.tv is a multimedia marketplace focused on the music and video industry, utilizing blockchain technology to enhance transparency and efficiency. The platform connects creators, consumers, and advertisers, allowing users to engage directly in the independent multimedia market. By leveraging innovative technologies such as the InterPlanetary File System, ArtBot.tv provides diverse revenue options and streamlined services, aiming to reshape the landscape for content creators and their audiences.

Soteria Flooring

Pre Seed Round in 2022
Soteria Flooring specializes in innovative flooring solutions designed to enhance safety in high-risk fall areas. The company offers a unique dual stiffness safety floor that features a specially engineered sub-floor layer, providing a softer surface to minimize the impact of falls. This flooring technology aims to effectively reduce both the likelihood and consequences of falling, making it particularly suitable for environments where safety is a primary concern.

ONEOQ

Pre Seed Round in 2022
ONEOQ provides Automotive, Smart Lighting, Nano-illumination technology and Lidar, Autonomous Vehicles, and Drone Navigation technology.

Erickson Motor

Seed Round in 2022
Erickson Motors is the MCC engine commercial development company which also provides commercial engineering and machining services.

Paradise Spreads

Pre Seed Round in 2022
Paradise Spreads provides organic, sweet plant-based protein spreads, and snacks that are gluten-free, healthy, and convenient. The company was founded in 2017 and is based in Schererville, Indiana, United States.

Caevisus

Pre Seed Round in 2022
Caevisus is a stealth company of Trine University.

EatHere®

Pre Seed Round in 2022
EatHere is an online platform and local media website, which allows its users to upload and share "user-generated content" or other external content around food and restaurants. The company was founded in 2016 by Bradley Houser and Austin Burris.

Plantennas

Seed Round in 2022
Plantennas is an automated solution for plant propagation, life cycle inventory, and data management.

Probari

Seed Round in 2022
Probari is a clinical services company that specializes in providing nurse training and software aimed at reducing hospital transfers and enhancing care for patients in nursing homes. By conducting clinical reviews of core facility activities, Probari improves the quality of care and allows nursing staff to concentrate on direct patient care. The company utilizes data analysis from electronic health records to identify at-risk residents and recommends appropriate interventions. Additionally, Probari offers education, recruiting, and placement services, ensuring that nursing homes have the necessary support and resources to deliver high-quality care. Through its comprehensive approach, Probari empowers nursing teams to manage complex tasks effectively, ultimately improving patient outcomes at the bedside.

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.

Smart Apply

Seed Round in 2022
Smart Guided Systems LLC, based out of Indianapolis, IN, United States designs and develops technologies for High Value Permanent Crops including the Smart-Apply® Intelligent Spray Control System™ and the Permanent Crop Analyzer™.

Novilytic

Seed Round in 2022
Novilytic is a medical device manufacturing company founded in 2013 and headquartered in Indiana, United States. The company focuses on developing innovative solutions in healthcare and blood collection, aiming to enhance the convenience and reduce the pain and costs associated with blood testing for both humans and animals. Novilytic employs advanced nanotechnology to monitor the quality of lifesaving medicines, enabling the detection of various proteins, diseases, and viruses. Their instruments facilitate real-time batch analysis without the need for sample preparation or mass spectrometry, allowing pharmaceutical companies to streamline the drug manufacturing process. This innovation not only accelerates drug development but also aims to make essential medications more accessible to the public.

Adranos

Series A in 2022
Adranos Energetics specializes in the development of advanced propellants and explosives for space and military applications. The company is focused on creating a cost-effective solid rocket propellant called ALITEC, which is designed to be more efficient, powerful, and environmentally friendly compared to traditional options. This innovative propellant not only improves rocket performance by increasing missile range and allowing for smaller, more affordable missiles but also eliminates harmful hydrochloric acid emissions associated with conventional aluminum-based propellants. Adranos aims to enhance the capabilities of both military and private space exploration users by expanding payload capacity and reducing the costs associated with launching into orbit.

HelloFrom

Seed Round in 2022
HelloFrom is an online gifting platform focused on nurturing personal relationships through the delivery of quality cards. The company utilizes machine learning technology to assess the intimacy level of relationships, allowing it to curate personalized cards, envelopes, and stamps tailored to significant occasions. By streamlining the process of sending thoughtful greetings, HelloFrom aims to enhance connections between individuals, making it easier to celebrate important moments in their lives.

CSA360

Seed Round in 2022
CSA360 is a Security Operation Management platform designed for security operations and daily use. Some of its features are real-time project progress, design and schedule project, and its tasks, dashboard and visitor management, etc. It is a tool available on the subscription-based pricing model.

Ellipsis Education

Seed Round in 2022
Codelicious provides full-year, CUSTOMIZABLE, computer science curriculum for K-12. Codelicious courses support grade-level-differentiated learning pathways. By bringing Codelicious computer science curriculum into the classroom, teachers provide their students with opportunities to learn skills in collaboration, critical thinking, and problem solving.

AfterSchool HQ

Seed Round in 2022
AfterSchool HQ replaces the extracurricular activity flyer at schools enabling parents to find, register, and pay for programs online.

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.

Safa

Pre Seed Round in 2022
Safa operates a traceability platform designed to enhance safety analysis in software engineering. By leveraging artificial intelligence, the platform automates traceability and impact analysis processes, allowing engineering teams to better understand the implications of their changes in a complex development environment. The company aims to minimize the cost and effort involved in evolving and reusing safety cases while ensuring that safety standards are upheld.

Maijker

Grant in 2022
Maijker Corp commercializes groundbreaking AI and sensor technology research. The company uses Industry Standards to develop novel approaches to applying AI to specific manufacturing problems.

Flightprofiler

Grant in 2022
FlightProfiler technology reduces Controlled Flight into Terrain and Loss of Control by enabling VTOL, UAS, GA & ATC to effectively manage vehicle movement with respect to weather constraints. This is accomplished by providing real-time, 3D atmospheric situational awareness, including for Low Altitude & Beyond Visual Line of Sight airspace. Among other benefits, this helps reduce inadvertent VFR flight into IMC and prevent violations of Federal Aviation Regulations.

OpalGenix

Grant in 2022
OpalGenix specializes in developing genetic tests aimed at enhancing opioid and pain management through precision medicine. The company's laboratory-developed test utilizes polygenic analysis and intelligent analytics to predict opioid-related adverse effects and severe surgical pain. By leveraging genetic signatures, OpalGenix empowers clinicians to create personalized therapy plans that maximize pain relief while minimizing the risks associated with opioid use and other pain medications. This approach focuses on providing safe and effective patient-centered pain management solutions, ultimately improving patient outcomes in various clinical settings.

Grannus Therapeutics

Grant in 2022
Grannus Therapeutics is a biotechnology company established in 2020 and based in Indianapolis, Indiana. The company specializes in the development of small-molecule inhibitors targeting specific isoforms of HSP90, a protein involved in cancer progression. By focusing on selective inhibition, Grannus aims to overcome the toxicity and dosing issues encountered by broader pan-inhibitors in clinical oncology trials. This approach not only enhances the potential of HSP90 as a therapeutic target in cancer treatment but also seeks to extend its applications to other therapeutic areas. Through its innovative research, Grannus Therapeutics strives to provide healthcare professionals with effective treatment options for various types of cancers.

Third Coast Federal

Grant in 2022
Third Coast Federal helps companies build, grow and maintain a thriving federal contracting and R&D business, It guide companies as they expand their client base to include a federal client that is largely immune from economic downturns, helping to win contracts and R&D funds in the millions or tens of millions of dollars and it also help companies leverage the partners, talent and capital they need to effectively compete in the federal marketplace, accelerate innovation and drive sales.

Polar Clean

Grant in 2022
Polar Clean provides highly effective, environmentally safe and water-free dry ice blasting and other abrasive cleaning services for the most challenging commercial and industrial environments.

TechPoint

Grant in 2022
TechPoint is focused on promoting and accelerating the growth of Indiana’s tech community.

Trek10

Grant in 2022
Trek10, Inc. is a cloud deployment services provider that specializes in helping businesses leverage Amazon Web Services (AWS) to enhance their operational efficiency and reduce costs. Established in 2013 and headquartered in South Bend, Indiana, Trek10 offers a range of services, including tools, technical expertise, and 24/7 support to monitor and troubleshoot cloud infrastructure. The company focuses on designing and building innovative solutions, with particular expertise in serverless architectures, enabling enterprises to transition to these scalable environments effectively. Trek10 serves a diverse clientele across the United States and internationally, emphasizing the benefits of public cloud computing and operational automation in their offerings.
Manufacturing Technology, Inc. (MTI) is a single-source joining and friction welding solution provider that helps make smart decisions.

SIMBA Chain

Grant in 2022
SIMBA Chain Inc. is a cloud-based platform that offers smart contract-as-a-service (SCaaS), enabling users, developers, government entities, and enterprises to create and deploy decentralized applications (dApps) on blockchain technology. Founded in 2017 and headquartered in Plymouth, Indiana, SIMBA Chain provides a user-friendly interface that allows individuals with varying technical skills to implement blockchain solutions without requiring extensive coding knowledge. The platform supports the development of dApps across multiple blockchain networks and facilitates secure, direct connections between users and providers, effectively eliminating intermediaries. Utilizing the Microsoft Azure Government cloud platform, it ensures rapid transaction finality and offers features such as automated data integrity, smart contract design, and access control for managing blockchain interactions. In addition to its core offerings, SIMBA Chain serves various sectors, including supply chain management and federal government contracts, thereby enhancing operational efficiency and transparency in transactions.

AirBuoyant

Grant in 2022
AirBuoyant Introducing the all new-electric VertiPod, To be released as an all-electric, heavy-lift, human-carry-capable Hexacopter, the VertiPod

MakeMyMove

Seed Round in 2022
MakeMyMove is a marketing platform that assists communities in attracting new residents, particularly remote workers, by providing financial incentives for relocation. Founded in 2017 and based in Indianapolis, Indiana, the company operates an online marketplace that leverages a talent database to create profiles for potential candidates. This approach enables communities to send personalized messages to engage with and influence talent effectively. By connecting remote workers with suitable locations, MakeMyMove aims to facilitate the relocation process while promoting growth in participating communities.

Woven

Series A in 2022
Evidence-based developer hiring platform: High-growth teams find hidden gems with credentials-blind engineering scenarios

ConverSight

Seed Round in 2022
ConverSight.ai is artificial intelligence and analytics-based platform that uncovers actionable business insights for enterprises through natural language conversations and enables them to take action instantly. The platform generates tremendous efficiencies across organizational hierarchies from junior to senior leadership, reducing our customer report generation costs by over 50%. The company was founded in 2017 and is headquartered in Indianapolis.

The Juice

Seed Round in 2022
The Juice is a business-to-business content discovery platform that specializes in curating and consolidating marketing-related content. Its platform serves as an on-demand hub where users can access, consume, and organize a variety of thought leadership and educational materials, including articles, podcasts, videos, and ebooks. By tailoring content to users' specific interests and professional roles, The Juice enables marketing and sales professionals to efficiently connect with valuable resources from across the internet, enhancing their knowledge and effectiveness in their fields.

Xillum

Seed Round in 2022
Developer of business intelligence software designed to enhance business decision-making for physicians and administration. The company's software offers daily analytics, and performance tracking and provides proactive alerts, enabling physicians to track key performance metrics, monitor quality measures and optimize productivity.

Groundwork

Venture Round in 2022
Developer of a virtual sales system designed to help contractors to stop wasting their time on low-quality leads. The company's software offers video walkthroughs from the prospects before the site visit, enabling contractors to win more projects, reduce the runaround and create more contented customers.

Shaker

Seed Round in 2021
Shaker is a customer relationship management (CRM) and transaction platform tailored for real estate teams, designed to streamline and enhance the home buying and selling process. It offers a cloud-based solution that enables real estate professionals to manage tasks, track deadlines, and collaborate on transactions efficiently. The platform includes tools for storing documentation and managing client relationships, supported by reporting features that facilitate improved communication. By using Shaker, clients can close deals more rapidly while fostering lasting relationships beyond individual transactions.

Wave Therapeutics

Seed Round in 2021
Bussert Medical is a Biotechnology Company.

SoChatti

Series A in 2021
SoChatti brings you chocolate from around the world, crafted to maintain its distinct and complex flavors, and packaged to be enjoyed on demand. Should chocolate makers have an experience superior to their customers? We didn’t think so. SoChatti set out to change what is considered to be the typical “chocolate experience" and reinvent a new consumer product created through a fully integrated process of crafting and delivering chocolate. To a chocolate maker, chocolate is best consumed warm, drawing out flavors and aromas characteristic of origins around the world. To most people, however, chocolate is a solid that quickly loses its unique flavors after brief exposure to the air. Our process, packaging and dispensing further preserves the cocoa bean's unique and coveted flavor that before was only available to chocolate makers and that are lost during traditional chocolate manufacturing.

Kovina Therapeutics

Seed Round in 2021
Kovina Therapeutics operates as a pre-clinical biotechnology company aims to discover a non-surgical, medical treatment for Human Papillomavirus (HPV) infections and cancers.

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.

Araqev

Pre Seed Round in 2021
Araqev creates software solutions for closed-loop, smart control in additive manufacturing and 3D printing based on machine learning (ML).

Adipo Therapeutics

Seed Round in 2021
Developer of polymer-based nanoparticles designed to transform the treatment of obesity-related diseases. The company's notch-inhibiting nanoparticles are weekly, self-injected directly into subcutaneous white adipose tissue to convert energy-storing white fat into energy-burning brown fat, leading to systemic metabolic changes including increased energy expenditure, decrease in body weight, improved insulin sensitivity, and improved fat storage, enabling patients to lose bodyweight naturally and restoring metabolic balance for people living with diabetes.

StoryBolt

Seed Round in 2021
StoryBolt is a marketplace platform that connects organizations with documentary filmmakers, enabling both parties to access valuable content. The platform allows filmmakers to monetize their short documentaries while providing organizations with powerful storytelling tools to enhance employee engagement and retention. By facilitating exposure to real and inspiring stories through documentary storytelling and live sessions, StoryBolt helps businesses address complex topics related to diversity and inclusion. This approach fosters a positive workplace culture, which can lead to increased innovation and productivity.

SIMBA Chain

Series A in 2021
SIMBA Chain Inc. is a cloud-based platform that offers smart contract-as-a-service (SCaaS), enabling users, developers, government entities, and enterprises to create and deploy decentralized applications (dApps) on blockchain technology. Founded in 2017 and headquartered in Plymouth, Indiana, SIMBA Chain provides a user-friendly interface that allows individuals with varying technical skills to implement blockchain solutions without requiring extensive coding knowledge. The platform supports the development of dApps across multiple blockchain networks and facilitates secure, direct connections between users and providers, effectively eliminating intermediaries. Utilizing the Microsoft Azure Government cloud platform, it ensures rapid transaction finality and offers features such as automated data integrity, smart contract design, and access control for managing blockchain interactions. In addition to its core offerings, SIMBA Chain serves various sectors, including supply chain management and federal government contracts, thereby enhancing operational efficiency and transparency in transactions.

Amplified Sciences

Seed Round in 2021
Amplified Sciences LLC is a molecular diagnostics company based in West Lafayette, Indiana, focused on developing a point-of-care system for the early detection of debilitating diseases, including pancreatic cancer and kidney disease. Utilizing an ultra-sensitive molecular sensing technology licensed from Purdue University, Amplified Sciences offers a versatile platform that can detect low abundance disease markers from bodily fluids such as urine and saliva. This technology is designed to operate at the single molecule level, allowing for accurate diagnostics while maintaining a cost-effective structure. The company has successfully produced a working prototype and published proof of concept data, positioning itself to address significant unmet medical needs in disease detection. With a scalable product portfolio aimed at point-of-care applications, Amplified Sciences is poised to transform early disease diagnosis and improve healthcare outcomes.

SimpleSortie

Pre Seed Round in 2021
SimpleSortie is a startup focused on connecting air travelers with private aircraft operators through its specialized aviation platform. The platform facilitates the connection between private aviators and fixed base operators at airports by collecting and storing passenger and pilot preferences. It matches this information with a comprehensive catalog of amenities, labor, and fuel prices to enhance the flying experience for private plane owners. By streamlining these connections, SimpleSortie aims to save time and reduce costs for both travelers and operators.

Selflessly

Seed Round in 2021
Selfless.ly is, “Corporate Social Responsibility in a box”. Our online platform provides the ability for companies of all sizes to create a CSR program that is inclusive of all to increase engagement. At the same time, our system provides the resources for non-profits to innovate to increase community engagement and grow their volunteer base.

Consensus Networks

Grant in 2021
Consensus Networks is a company focused on creating and supporting enterprise network infrastructure for distributed ledger and blockchain technology. The firm specializes in designing secure infrastructures that optimize growth on public blockchain networks. By integrating and managing digital assets and wallets into a unified dashboard, Consensus Networks allows clients to aggregate their digital currencies and NFTs across various protocols. The company's solutions leverage technologies such as serverless architecture and advanced private key management, aiming to provide cost-effective and secure data management solutions for digital assets.

Adapta Education

Pre Seed Round in 2021
Operator of the testing platform intended to help teachers to develop and deliver automatically scored statistics assessments. The company's platform helps teachers more effectively personalize and differentiate their instruction and also provides immediate access to a personalized score report which informs students of their strengths and weaknesses in their mastery of the learning attributes, enabling teachers the tools and data they need to accomplish.

Authenticx

Series A in 2021
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and based in Carmel, Indiana, Authenticx offers a platform that consolidates various forms of customer interactions, such as call center data, texts, chats, and emails, into a cohesive source of information. This platform enables healthcare organizations to gain insights into their customers' needs and preferences, helping them to enhance revenue strategies and improve overall profitability. By organizing and structuring conversational data, Authenticx provides valuable insights that assist healthcare providers in making informed decisions and better meeting the needs of their customers.

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.

Anvl

Venture Round in 2021
Anvl, Inc. specializes in workforce-first safety software solutions, aiming to modernize traditional paper-based processes and checklists through digital workflows and real-time data analysis. Founded in 2018 and based in Fishers, Indiana, the company offers a mobile application that enhances worker engagement and operational efficiency by providing immediate guidance via smart, dynamic workflows. This flexible platform supports various safety, quality, and operational processes with its configurable interface, allowing for tailored content and alerts. Anvl's application collects real-time data, issuing notifications to both frontline workers and management for proactive interventions. Leaders gain access to a live data feed, real-time alerts, and remote monitoring of workflows, while dashboards and customizable reports provide actionable insights to promote continuous improvement and foster a positive organizational culture.

Casted

Series A in 2021
Casted, Inc. is a podcasting platform specifically designed for B2B marketers, offering a software-as-a-service solution that enables the creation, management, publication, promotion, and measurement of branded podcasts. The platform provides comprehensive tools for podcasters, including hosting, transcription, categorization, search, and scheduling capabilities. As the first content marketing solution focused on B2B podcasting, Casted allows marketers to leverage podcast content to enhance their overall content strategies and amplify their reach across various sales and marketing channels. Founded in 2019 and headquartered in Indianapolis, Indiana, Casted aims to empower marketers by facilitating greater access to podcast content and linking it to measurable business outcomes. The company was previously known as Caster Software, Inc. before rebranding in May 2019.

On Target Laboratories

Series B in 2021
On Target Laboratories, LLC engages in discovering, developing, and commercializing small molecules that target specific pathological cells, when conjugated with fluorescent dyes. It offers folate and other targeting agents that target, lung, uterine, kidney, breast, colon, pancreatic, and prostate cancer cells. The company was incorporated in 2010 and is based in Northbrook, Illinois.

HelloFrom

Seed Round in 2021
HelloFrom is an online gifting platform focused on nurturing personal relationships through the delivery of quality cards. The company utilizes machine learning technology to assess the intimacy level of relationships, allowing it to curate personalized cards, envelopes, and stamps tailored to significant occasions. By streamlining the process of sending thoughtful greetings, HelloFrom aims to enhance connections between individuals, making it easier to celebrate important moments in their lives.

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.

Heliponix

Seed Round in 2021
Scott Massey met Ivan Ball while working together on a NASA funded research project at Purdue University in an effort to create life support systems for future space colonies. What started as an introduction to an the innovating technology of hydroponics, left them both wondering why there was not a standard, aeroponic device for consumers to grow their own produce. After extensively researching patents of existing systems on the market, Scott and Ivan realized that the design they were drawing out on napkins had not yet been conceived. It was at that moment, Heliponix™ (formerly Hydro Grow) was founded. What started as a dream for these young engineers who wanted to make a difference in the world became a literal kitchen startup in an apartment on campus at Purdue University as Ivan and Scott built their initial prototypes which were funded by working night shifts as full-time students.

Blueprint Stats

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

Novosteo

Series A in 2021
Novosteo Inc. is a company founded in 2017 and located in West Lafayette, Indiana, that focuses on developing and manufacturing innovative drugs aimed at healing bone fractures. The company utilizes a specialized drug discovery platform designed to target the specific needs of fracture healing. By concentrating the healing properties of its drugs at the site of the fracture, Novosteo aims to accelerate the recovery process and enhance the overall healing experience for patients. This approach seeks to mitigate the morbidity, mortality, and productivity loss associated with bone fractures, ultimately improving patient outcomes and reducing the debilitating effects that can arise from such injuries.

Lensquote

Seed Round in 2021
Developer of contact lens selling platform designed to assist with contact lens sales by replacing the current staff-driven process with an effective, visual presentation based on consumer psychology. The company's platform helps to convert annual supplies and patients into daily lens wearers by offering updates, simple sales processes and accessibility from all platforms, with support for pricing entry to training, enabling businesses to earn revenue per fitting.

Toralgen

Seed Round in 2020
Toralgen, Inc. is a preclinical stage biopharmaceutical company based in Indianapolis, Indiana, focused on developing innovative drug delivery technologies. Established in 2017, the company specializes in a platform that enhances the functionality of oral drug administration. Toralgen's proprietary polybile nanopill delivery technology allows for the targeted delivery of active drug compounds, addressing the challenges associated with oral delivery. This approach not only simplifies the fabrication of the delivery system but also aims to improve the efficacy and safety of therapeutic agents.

Scale Computing

Venture Round in 2020
Scale Computing, Inc. specializes in edge computing, virtualization, and hyperconverged solutions tailored for midsized businesses. Founded in 2007 and headquartered in Indianapolis, Indiana, the company offers its HC3™ platform, which integrates servers, storage, and virtualization into a single, user-friendly system. This all-in-one appliance enhances storage speed and capacity while simplifying datacenter management. HC3 continuously monitors virtual machines and hardware components to ensure application availability and efficiently address infrastructure events. In addition to its core platform, Scale Computing provides services such as infrastructure refresh, virtual-to-virtual migration, physical-to-virtual migration, and disaster recovery solutions. As a result, the company is increasingly favored by IT departments across various industries looking to maintain high availability and scalability of their applications.

Vibenomics

Series A in 2020
Vibenomics provides location-based businesses and connected cities with Audio Experience Software (AES) to manage background music, scheduled messaging, live announcements, and out-of-home (OOH) advertising. Vibenomics is based in Indianapolis, Indiana and was founded in 2016 by Brent Oakley, Adam Ritz, and Nathan Miller.

Diagnotes

Venture Round in 2020
Diagnotes, Inc. is a digital healthcare company that develops a clinical communication and collaboration platform designed to enhance communication within the healthcare sector. Founded in 2010 and based in Indianapolis, Indiana, Diagnotes offers a mobile and web-based application that aligns with the natural communication habits of healthcare professionals and their patients. The platform enables secure messaging, provider scheduling, patient data management, discussion documentation, and patient engagement, facilitating efficient communication among patients, physicians, care teams, hospitals, and health systems. Diagnotes serves a diverse client base, including large health systems, specialty hospitals, long-term care facilities, and behavioral health organizations. Its capabilities extend to telehealth consultations, enabling specialists to connect with patients in remote areas through live video.

Ateios

Seed Round in 2020
Ateios Inc. is a company specializing in the development of ultra-thin and customizable batteries designed for integration into flexible electronics. Founded in 2018 and based in Indianapolis, Indiana, Ateios focuses on manufacturing zinc-oxide batteries that offer 2 to 5 times higher energy density compared to conventional coin cells. Utilizing a novel manufacturing process, the company produces conformable batteries made from hyper-elastic polymer materials, which can be shaped to meet specific product requirements. This innovation enables the production of ergonomic, compact, and efficient devices for various applications, including smart textiles, soft robotics, Internet-of-Things (IoT) devices, and medical or fitness wearables.

MITO (Materials)

Seed Round in 2020
MITO Material Solutions, Inc. is a specialty chemical company based in Indianapolis, Indiana, with an additional office in Stillwater, Oklahoma. Founded in 2016, the company focuses on developing and manufacturing graphene-based hybrid polymer modifiers and additives that significantly enhance material performance across various industries. One of its key products, the MITO T-Series, is a nano-additive that, when mixed with epoxies or resins, can increase the toughness of composite parts by 100% while reducing the likelihood of mechanical failure by 80%. This versatility allows industries to either enhance product toughness or decrease the quantity of materials used. The T-Series is particularly beneficial for the recreational vehicle and boating sectors, where it toughens fiberglass structures, as well as for the aerospace industry, where it enables manufacturers to reduce part weight without compromising toughness, resulting in substantial cost savings. MITO Material Solutions aims to improve the durability and performance of materials in applications such as ester resins, epoxies, and thermoplastics.

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.

ConverSight

Seed Round in 2020
ConverSight.ai is artificial intelligence and analytics-based platform that uncovers actionable business insights for enterprises through natural language conversations and enables them to take action instantly. The platform generates tremendous efficiencies across organizational hierarchies from junior to senior leadership, reducing our customer report generation costs by over 50%. The company was founded in 2017 and is headquartered in Indianapolis.

SpeechVive

Venture Round in 2020
SpeechVive Inc. is a medical technology company based in Lafayette, Indiana, founded in 2011. The company focuses on developing a wearable device aimed at improving communication for individuals with Parkinson's disease. This innovative device enhances patients' ability to hear by reducing background noise, which in turn increases their speech volume and clarity. By addressing communication challenges faced by those with Parkinson's, SpeechVive aims to help users lead more normal and fulfilling lives.

Pattern89

Seed Round in 2020
Pattern89 Inc. develops a predictive marketing artificial intelligence platform for marketers and ad agencies to maximize digital and social media ad performance. Its tool identifies trends, automates campaign selection, drills analysis of data elements, optimizes campaign spending, and offers real time campaign performance and reporting. Pattern89 Inc. was formerly known as Quantifi, Inc. and changed its name to Pattern89 Inc. in April 2018. The company was incorporated in 2016 and is headquartered in Indianapolis, Indiana.

Loupe

Seed Round in 2020
Canopy is a platform intended to connect the dots and identifies key opportunities for managers to be proactive. The platform helps to spot pipeline risk, improve forecast accuracy and drive strategic change, enabling their clients to make a consistent and lasting impact on their sales team.

Blueprint Stats

Convertible Note in 2020
Blueprint Stats is a sports analytics company that transforms game film into performance data.

Authenticx

Pre Seed Round in 2020
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and based in Carmel, Indiana, Authenticx offers a platform that consolidates various forms of customer interactions, such as call center data, texts, chats, and emails, into a cohesive source of information. This platform enables healthcare organizations to gain insights into their customers' needs and preferences, helping them to enhance revenue strategies and improve overall profitability. By organizing and structuring conversational data, Authenticx provides valuable insights that assist healthcare providers in making informed decisions and better meeting the needs of their customers.

Smart Apply

Seed Round in 2020
Smart Guided Systems LLC, based out of Indianapolis, IN, United States designs and develops technologies for High Value Permanent Crops including the Smart-Apply® Intelligent Spray Control System™ and the Permanent Crop Analyzer™.

Blaire Biomedical

Seed Round in 2020
Blaire Biomedical specializes in developing innovative handheld medical technologies that empower patients to conduct blood tests conveniently and efficiently. Their flagship product connects to a smartphone and requires only a single drop of blood to provide real-time blood count results. This device allows patients to perform tests anywhere and at any time, guided by instructions displayed on the device, tailored to the specific test cartridge being used. Blaire Biomedical's approach aims to enhance patient autonomy in managing their health through accessible and user-friendly testing solutions.

Amplified Sciences

Seed Round in 2020
Amplified Sciences LLC is a molecular diagnostics company based in West Lafayette, Indiana, focused on developing a point-of-care system for the early detection of debilitating diseases, including pancreatic cancer and kidney disease. Utilizing an ultra-sensitive molecular sensing technology licensed from Purdue University, Amplified Sciences offers a versatile platform that can detect low abundance disease markers from bodily fluids such as urine and saliva. This technology is designed to operate at the single molecule level, allowing for accurate diagnostics while maintaining a cost-effective structure. The company has successfully produced a working prototype and published proof of concept data, positioning itself to address significant unmet medical needs in disease detection. With a scalable product portfolio aimed at point-of-care applications, Amplified Sciences is poised to transform early disease diagnosis and improve healthcare outcomes.

Delury Enterprise

Seed Round in 2020
DeLury Enterprise is committed to improving lives through better medication management and providing assurance medications have been taken correctly so everyone can live the quality of life they deserve.

Eclipse Orthopaedics

Seed Round in 2020
Eclipse Orthopaedics is a startup dedicated to enhancing internal fixation procedures in orthopedic surgery. The company has developed a hand-held medical device that accurately locates screw holes, ensuring that surgeons can insert screws on the first attempt. This innovative device features a radiographic targeting attachment that incorporates a low-wattage X-ray system for effective image processing. By enabling surgeons to stabilize the rod and align broken parts precisely, Eclipse Orthopaedics aims to improve surgical outcomes and streamline the fixation process in orthopedic procedures.

Cue Queue

Seed Round in 2020
Cue Queue simplifies the sporting business.

Stash Duell

Seed Round in 2020
Stash Duell offers rewards for donating money.

Gen3Bio

Seed Round in 2020
Gen3Bio is an innovation company focused on transforming waste algae into valuable products. It has developed proprietary technology that extracts cellular content from algae generated during wastewater treatment processes. This approach not only creates specialty chemicals at a significantly lower cost than traditional methods but also aids industries in reducing the nutrients released into treated water. By effectively utilizing waste algae, Gen3Bio aims to create a sustainable stream of revenue while addressing environmental concerns related to wastewater management.

DocuMentor

Seed Round in 2020
DocuMentor develops electronic visit verification software specifically designed for agencies that provide services to the aged and disabled populations. The software enables accurate verification of visit activity for home health, home care, and hospice services. By offering service documentation capabilities across multiple states, DocuMentor streamlines various business, operational, and clinical functions. Its user-friendly forms help agencies effectively verify the care provided to their clients, ensuring compliance and enhancing the overall quality of service.

Woven

Seed Round in 2020
Evidence-based developer hiring platform: High-growth teams find hidden gems with credentials-blind engineering scenarios

Casted

Seed Round in 2020
Casted, Inc. is a podcasting platform specifically designed for B2B marketers, offering a software-as-a-service solution that enables the creation, management, publication, promotion, and measurement of branded podcasts. The platform provides comprehensive tools for podcasters, including hosting, transcription, categorization, search, and scheduling capabilities. As the first content marketing solution focused on B2B podcasting, Casted allows marketers to leverage podcast content to enhance their overall content strategies and amplify their reach across various sales and marketing channels. Founded in 2019 and headquartered in Indianapolis, Indiana, Casted aims to empower marketers by facilitating greater access to podcast content and linking it to measurable business outcomes. The company was previously known as Caster Software, Inc. before rebranding in May 2019.

Quarion Technology

Seed Round in 2020
Quarion Technology Inc. specializes in developing software solutions for Real-Time Location Systems (RTLS) aimed at enhancing safety in industrial environments, particularly concerning forklifts and personnel. Founded in 2015 and headquartered in Evansville, Indiana, the company offers products such as ALTAR-5D for tracking personnel and equipment, DokSAFE for monitoring forklift positions to prevent unsafe dock access, SpeedNFORCE for configurable speed limiting, and ForkSENSE, which alerts and controls forklifts to mitigate collisions with low-hanging obstacles. By leveraging precision location technology, Quarion Technology aims to reduce injuries and fatalities associated with forklift operations while improving productivity for warehouse and distribution center managers.

SIMBA Chain

Seed Round in 2020
SIMBA Chain Inc. is a cloud-based platform that offers smart contract-as-a-service (SCaaS), enabling users, developers, government entities, and enterprises to create and deploy decentralized applications (dApps) on blockchain technology. Founded in 2017 and headquartered in Plymouth, Indiana, SIMBA Chain provides a user-friendly interface that allows individuals with varying technical skills to implement blockchain solutions without requiring extensive coding knowledge. The platform supports the development of dApps across multiple blockchain networks and facilitates secure, direct connections between users and providers, effectively eliminating intermediaries. Utilizing the Microsoft Azure Government cloud platform, it ensures rapid transaction finality and offers features such as automated data integrity, smart contract design, and access control for managing blockchain interactions. In addition to its core offerings, SIMBA Chain serves various sectors, including supply chain management and federal government contracts, thereby enhancing operational efficiency and transparency in transactions.

Docket

Seed Round in 2020
Docket, Inc. is an Indianapolis-based company that offers an online platform focused on enhancing meeting productivity. Founded in 2018, Docket's platform facilitates collaborative agenda creation, decision documentation, and action item tracking, allowing teams to lead effective meetings and maintain alignment on goals. The platform is designed to support users in planning their daily and weekly activities, ensuring that meetings are both productive and purposeful. Through its meeting intelligence capabilities, Docket aims to improve leadership and participation in essential business processes.

Enriched Couples

Funding Round in 2020
Enriched Couples is the psychology-based financial therapy platform that helps partners measure, improve, and track relationship resilience skills with unified financial goals. The platform guides each couple through a personalized path using proven clinical psychology techniques.

CoolCorp

Seed Round in 2019
CoolCorp is a musculoskeletal injuries and surgical orthopedic repairs, cryotherapy .They provide personalized air compression. CoolCorp products can be sold within hospitals and other physician networks. They provides form of treatment prescribed for athletic injury trauma and post-operative patients.

Enriched Couples

Convertible Note in 2019
Enriched Couples is the psychology-based financial therapy platform that helps partners measure, improve, and track relationship resilience skills with unified financial goals. The platform guides each couple through a personalized path using proven clinical psychology techniques.

Vibenomics

Seed Round in 2019
Vibenomics provides location-based businesses and connected cities with Audio Experience Software (AES) to manage background music, scheduled messaging, live announcements, and out-of-home (OOH) advertising. Vibenomics is based in Indianapolis, Indiana and was founded in 2016 by Brent Oakley, Adam Ritz, and Nathan Miller.
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