Elevate Ventures nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. They accomplish this by providing rigorous business analysis and robust advisory serivces that connect companies with the resources they need to succeed long-term. As a not-for-profit organization, they are able to offer unbiased, in-depth perspective and recommendations. Emerging, high-potential businesses Elevate Ventures seeks out business endeavors that identify a need in the marketplace and are well-positioned to successfully transition from research to product development to market. High-performing, Indiana-based Companies These companies grow local economies and employment throughout Indiana, in addition to attracting and retaining top-level talent for the Hoosier state. Rigorous business analysis Comprehensive due diligence is critical to determining the long-term financial viability of these companies. Robust advisory services Elevate Ventures provides more than just capital, they partner with entrepreneurs, investors and other local and state organizations to ensure the best return on investment. Resources to succeed long-term In addition to financial resources, Elevate addressees other market barriers, which may include management, business development, talent identification and retention, and specific technology development challenges. They don't just write a check and walk away - they help sustain business success and growth over time. Unbiased, in-depth perspective and recommendations With a seasoned staff and a host of proven outside partners, they provide objectivity and insights that are among the best in their profession.

Duke Energy is a major electric power holding company based in the United States, providing electric and natural gas services to approximately 7.5 million customers across six states, including Ohio and Kentucky. The company operates through two primary segments: Electric Utilities and Infrastructure, and Gas Utilities and Infrastructure. It generates electricity from a diverse mix of sources, including coal, nuclear, hydroelectric, solar, and natural gas, and boasts an electric generating capacity of about 35,000 megawatts in the Carolinas and the Midwest. In addition to electricity, Duke Energy also offers natural gas transportation and distribution services. The company is committed to sustainability and community support, further evidenced by its philanthropic efforts through the Duke Energy Foundation, which focuses on enhancing community vitality and promoting climate resilience. Founded in 1837 and headquartered in Charlotte, North Carolina, Duke Energy continues to play a significant role in the energy sector.

High Alpha, located in Indianapolis, Indiana, is a venture studio and private equity firm focused on the development of early-stage B2B SaaS companies. Established in 2015, High Alpha Studio is dedicated to conceiving, launching, and scaling these companies by offering a comprehensive range of services, including design, finance, talent acquisition, marketing, and brand development. In addition to its studio operations, High Alpha Capital invests in both its own studio companies and other emerging B2B SaaS ventures. This integrated approach represents a novel model for entrepreneurship, aiming to streamline processes and enhance growth potential for technology startups.

Allos Ventures is a venture capital firm based in Carmel, Indiana, established in 2010. The firm focuses on early-stage investments primarily in business-to-business software and technology-enabled service sectors, targeting companies in the Midwest. Allos Ventures aims to bridge the funding gap for early-stage companies that have outgrown initial support from angel investors but are not yet ready for larger institutional financing. The firm manages the Allos Opportunity Fund, which emphasizes minority stake investments in revenue-generating technology and healthcare companies. By concentrating on this region, Allos Ventures addresses the challenges faced by entrepreneurs in securing necessary capital amidst a shifting investment landscape where many traditional early-stage firms have exited or moved to later-stage investments.

IU Ventures is dedicated to investing in and supporting early-stage startup companies affiliated with Indiana University. Through the IU Angel Network, it connects these startups with prospective investors from Indiana University's extensive global community, which includes alumni, faculty, staff, students, and friends. This initiative aims to promote a strong entrepreneurial culture that not only benefits Indiana University but also contributes to the economic development of the State of Indiana, the nation, and beyond. By fostering these connections, IU Ventures plays a significant role in advancing innovation and entrepreneurship within the university ecosystem.

Purdue Foundry is an initiative that fosters innovation and entrepreneurship within Purdue University by providing support to faculty, staff, and student innovators across various colleges and departments. It actively collaborates with external businesses and investors to promote research and the development of startups. Additionally, Purdue Foundry operates under Purdue Ventures, which consolidates all university startup funding entities, facilitating a more streamlined approach to venture capital. The focus includes investments in plant sciences, particularly in crop optimization, hybrid and seed development, and precision agriculture, reflecting a commitment to advancing agricultural innovation. Based in West Lafayette, Indiana, Purdue Foundry plays a vital role in nurturing early-stage firms and enhancing the university's entrepreneurial ecosystem.

Flywheel Fund is a member-managed capital fund based in Bloomington, Indiana. From life sciences and medical devices with an emphasis on software and technology, we invest in early stage and high-potential startups.

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Collina Ventures LLC is a venture capital firm founded in 2006 and based in Carmel, Indiana. The firm specializes in angel investments and focuses on the technology sector, particularly software-related companies. Collina Ventures aims to make minority investments in seed-stage, early-stage, and later-stage companies primarily located in Central Indiana. By concentrating its efforts in this specific geographic area, the firm seeks to foster growth and innovation within the local technology industry.

VisionTech Angels, founded in 2009 and based in Indianapolis, Indiana, is an angel investment group that focuses on early-stage technology companies with innovative products and services. The firm targets high-potential businesses operating in various sectors, including life sciences, software as a service (SaaS), Internet of Things (IoT), advanced materials, supply chain, and hardware. VisionTech Angels seeks to invest between $200,000 and $1 million in companies with a pre-money valuation under $10 million. The ideal candidates are those within 12 months of reaching breakeven or that have identified their next round of financing, demonstrating progress towards key milestones. The firm aims for exits within a timeframe of three to seven years, emphasizing investments in firms with strong management teams and clear competitive advantages in large markets.

BioCrossroads is a private equity firm established in 2002, located in Indiana. It focuses on early-stage investments in life sciences, healthcare, agribusiness, and technology companies throughout the United States. By leveraging its expertise and network, BioCrossroads aims to support the growth and development of innovative businesses within these sectors, contributing to advancements in healthcare and related fields.

Plymouth Growth is a venture capital firm based in Ann Arbor, Michigan, established in 2002. The firm focuses on growth-stage investments in Midwest-based B2B software, technology, and tech-enabled service companies, primarily those generating between $3 million and $8 million in revenue. With a team that possesses extensive experience as operators, advisors, and investors, Plymouth Growth emphasizes the importance of understanding the people and culture behind a business, in addition to financial metrics. The firm is currently investing from its fourth fund, aiming to partner with entrepreneurs who have demonstrated the ability to achieve significant results with limited resources. Through its investments, Plymouth Growth seeks to foster smart and sustainable growth for the companies it supports.

Hyde Park Venture Partners is an early-stage venture capital firm founded in 2011 and based in Chicago, Illinois, with an additional office in Indianapolis, Indiana. The firm specializes in seed and series A investments in high-growth technology companies, primarily within the Midwest region, including cities such as Toronto, Atlanta, Ontario, Chicago, and Indianapolis. Hyde Park Venture Partners focuses on sectors such as B2B software, software-as-a-service, consumer marketplaces, healthcare IT, and technology-enabled services. It typically invests between $0.1 million and $0.75 million in startups, with a maximum investment of $2.5 million for companies with pre-money valuations under $7 million. The firm actively supports its portfolio companies through mentoring in product development and business strategy, often co-investing with Hyde Park Angels. Hyde Park Venture Partners aims to back exceptional founding teams with significant growth potential, contributing value to early-stage investments while maintaining a rigorous focus on the Midwest technology landscape.

Sixty8 Capital is a seed-stage venture capital firm focused on investing in diverse communities. Sixty8 Capital is based in Indianapolis, Indiana and is powered by Allos Ventures which has 45 years of venture capital experience. It was founded in 2019 by Kelli Jones and Paul Ehlinger.

Gravity Ventures is a venture capital investment firm established in 2008 and based in Indianapolis, Indiana. The firm focuses on seed-stage angel funding, primarily targeting early-stage technology and tech-enabled startups across various industries. With a specialization in technology and software, Gravity Ventures seeks to support innovative businesses by providing the necessary capital for growth and development.

Heron Capital Equity Partners is a private equity firm based in Indianapolis, Indiana, with an additional office in Carmel, Indiana. The firm specializes in buyouts, recapitalizations, and investments in emerging growth and expansion-stage companies, primarily focusing on small to middle market businesses. Heron Capital is largely industry agnostic but places a strong emphasis on precision manufacturing and healthcare-related sectors while avoiding retail investments. The firm concentrates its efforts within the United States and Canada, particularly in the Midwest, and prefers to invest in private companies located within 250 miles of Indianapolis. Heron Capital typically invests between $1 and $10 million in companies with revenues of at least $2 million and earnings between $0.5 million and $4 million, seeking a controlling interest and the potential for a gross margin exceeding 35%. The firm is committed to long-term investments and aims to take board seats in its portfolio companies, leveraging insights from a network of advisors in science, medicine, and business leadership.

M25 is a Chicago-based venture capital firm established in 2015, focusing on early-stage investments in technology startups primarily located in the Midwest and Great Lakes regions. The firm has built a diverse portfolio by investing in over 90 startups across various sectors, including healthcare technology, information technology, financial services, and consumer products. M25's analytical and collaborative approach enables it to play a significant role within the Midwest startup ecosystem, fostering innovation and supporting the growth of emerging companies. The firm is led by Victor Gutwein and Mike Asem and seeks to identify promising investment opportunities that align with its objective of driving economic growth in the region.

Charmides Capital is a venture capital firm established in 2015, located in Carmel, Indiana. The firm focuses on co-investing with institutional investors to support early-stage startups primarily in the Midwest. Its investment strategy is centered on identifying business-to-business software as a service (B2B SaaS) companies that exhibit significant growth potential. With a team of partners from diverse backgrounds, Charmides Capital aims to provide strategic value to a wide range of companies, reflecting the virtue of "sophrosyne," which emphasizes self-awareness and a balanced approach to business relationships.

Alumni Ventures Group, LLC is a venture capital firm founded in 2013 and based in Manchester, New Hampshire, with additional offices in North America. The firm specializes in seed, early-stage, and late-stage pre-IPO investments, focusing on companies that have an alumni connection and an institutional lead investor with relevant expertise. It offers high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who previously lacked access to venture capital opportunities. Alumni Ventures Group invests between $0.01 million and $3 million in various sectors and geographies, without seeking board or observer seats. Additionally, the firm provides focused funds that enable any accredited investor to access a diverse venture portfolio, allowing for investment across different types, sectors, stages, and geographical locations.

HG Ventures is the venture capital division of The Heritage Group, located in Indianapolis, Indiana. The firm focuses on early and growth-stage investments, targeting companies that are innovating in transportation infrastructure, environmental services, specialty chemicals, and energy production. With an investment capacity of up to $20 million, HG Ventures emphasizes partnerships with private companies that are developing new technologies and approaches within their core and adjacent markets. By leveraging the extensive expertise of The Heritage Group's operating companies and research center, HG Ventures offers unique support to its portfolio companies, facilitating innovation and growth in sectors critical to sustainability and infrastructure advancement.

Insight Partners is a global private equity and venture capital firm established in 1995, specializing in growth-stage investments in the software, internet, and data services sectors. Headquartered in New York City, with additional offices in London, Tel Aviv, and Palo Alto, the firm manages over $75 billion in assets and has invested in more than 750 companies worldwide. Insight Partners focuses on partnering with high-growth technology and software companies that are driving significant change in their industries. The firm aims to support visionary executives by providing practical, hands-on expertise throughout their growth journey, from initial investment to public offering. With a strong commitment to fostering a culture of growth and opportunity, Insight Partners has seen over 55 portfolio companies achieve IPO status.

Health Cloud Capital makes growth investments in disruptive scale-up healthcare IT companies that leverage cloud computing to drive the consumerization of value-based healthcare. Its first fund, launched in 2017, is focused on healthcare SaaS companies with at least $5 million in annual recurring revenue, and a proven ability to improve healthcare outcomes through innovative use of data science. The HC Capital team has extensive investing and operational experience within the healthcare, diagnostics, and IT industries, and brings a highly entrepreneurial perspective into the firm’s partnerships with its portfolio companies. Health Cloud Capital is headquartered in Indianapolis,

Cultivation Capital is a venture capital firm based in St. Louis, founded in 2012, that focuses on early-stage investments in the United States. The firm manages multiple funds, primarily investing during the Seed and Series A stages, with initial investment amounts typically ranging from $100,000 to $3.5 million. Cultivation Capital specializes in various sectors, including life sciences, healthcare, agriculture technology, software, and information technology. Its Life Sciences Fund II primarily targets early-stage companies in healthcare, therapeutics, diagnostics, and medical devices, while its Tech Fund II focuses on IT and related technologies. The firm aims to support innovative startups and foster growth in these critical industries.

1st Source Corporation serves as the holding company for 1st Source Bank, which delivers a range of commercial and consumer banking services, as well as trust, wealth advisory, and insurance solutions for individual and business clients. The bank's consumer offerings include checking and savings accounts, certificates of deposit, online and mobile banking, various types of consumer and real estate loans, and financial planning services. Additionally, it provides commercial loans for small businesses and agriculture, along with leasing and treasury management services. 1st Source Bank also specializes in trust and investment services, managing estates and investment accounts for individuals and organizations. Its insurance division offers property, casualty, health, and life insurance products. As of December 31, 2019, the bank operated 80 banking centers across Indiana, Michigan, and Florida. Founded in 1863 and headquartered in South Bend, Indiana, 1st Source Bank emphasizes community values and has a longstanding commitment to client service.

Capital Midwest Fund is a Wisconsin-based venture capital and private equity firm that focuses on early-stage investments in life sciences, information technology, advanced manufacturing, healthcare, consumer goods, and business services. The firm primarily targets opportunities within the Midwest region of the United States, with a particular emphasis on Wisconsin. Its investment strategy is designed to support innovative companies that demonstrate growth potential in these sectors.

IrishAngels is an early-stage venture firm based in Chicago, Illinois, founded in 2012. The firm focuses on investing in high-potential startups across the United States, specifically in sectors such as software, consumer products, and medical devices. The IrishAngels network comprises 225 investors, including prominent venture capital and private equity professionals, along with experienced entrepreneurs. This diverse group collaborates to identify and support innovative companies in their early stages, facilitating growth and development within the startup ecosystem.

TA Associates, established in 1968 and headquartered in Boston, Massachusetts, is one of the oldest and largest private equity firms globally. The firm focuses on investing in private companies across various sectors, including business services, consumer products, financial services, technology, and healthcare. With a commitment to supporting management teams in building their businesses, TA Associates has developed a diverse portfolio of approximately 380 current and former companies. The firm expanded its reach by opening offices in Silicon Valley, London, Mumbai, and Hong Kong, allowing it to engage in buyouts, growth equity, and recapitalizations, as well as private debt investments since 2000. Through its strategic approach, TA Associates aims to provide steady support to its portfolio companies throughout economic cycles.

Spring Mill Venture Partners is a venture capital firm based in Carmel, Indiana, specializing in seed and early-stage investments in emerging markets. Founded in 2004, the firm primarily targets high-growth sectors, including information technology, healthcare technology, and life sciences. Its investment strategy focuses on companies located in Indiana and the surrounding Midwest region, encompassing states such as Illinois, Kentucky, Michigan, and Ohio. In addition to financial support, Spring Mill Venture Partners aims to provide strategic and tactical assistance to help early-stage companies achieve growth and success.

Serra Ventures is an early-stage venture capital firm based in Champaign, Illinois, focused on investing in technology companies primarily located in emerging Midwest technology centers and selected areas in Southern California. Founded in 1998, the firm specializes in sectors such as information technology, devices and instrumentation, and agricultural technologies. Serra Ventures aims to support innovative companies that are poised for growth, leveraging its expertise and regional knowledge to identify promising investment opportunities.

The Nina Mason Pulliam Charitable Trust is an independent non-profit private foundation established in 1997 and based in Indianapolis, Indiana. Its mission focuses on assisting individuals in need, particularly women, children, and families, while also promoting the protection of animals and nature. The foundation aims to enrich community life in metropolitan areas, specifically in Indianapolis and Phoenix. Managed by a board of trustees, the trust's investment portfolio is diversified across various asset classes, including equities, hedge funds, and private equity, to support its charitable activities throughout Indiana and Arizona.

Generation Growth Capital, Inc. is a Wisconsin-based private equity firm founded in 2006, specializing in lower-middle market buyouts. The firm focuses on equity and debt investments primarily in manufacturing, service, and distribution sectors. Generation Growth Capital aims to enhance the growth rates and profitability of small businesses by providing essential capital and professional resources. By working closely with management teams, the firm seeks to “professionalize” these enterprises, thereby fostering their development. Additionally, Generation Growth Capital is dedicated to creating jobs in the communities where its portfolio companies operate, reflecting its commitment to supporting best-in-class small businesses.

CapitalWorks is a Cleveland-based private equity firm founded in 1999 that specializes in mid-market investments. The firm targets lower middle-market companies in the Greater Midwest, focusing on sectors such as energy, industrial, manufacturing, financial services, distribution, and business services. CapitalWorks partners with knowledgeable investors to identify, evaluate, and acquire businesses, providing them with the necessary capital and support to foster growth and operational freedom.

Charlesbank Equity Fund II, managed by Charlesbank Capital Partners, is a private equity fund based in Boston, Massachusetts. The fund primarily targets investments in mature middle-market companies across various sectors, including commercial transportation, financial services, manufacturing, and industrials. It seeks to partner with experienced management teams to facilitate growth through management-led buyouts, geographical expansion, and industry consolidation. Typically, the fund invests between $20 million and $150 million per transaction in companies with enterprise values ranging from $50 million to $1.5 billion. Charlesbank Equity Fund II generally takes both majority and minority stakes, aiming for a holding period of five to seven years before exiting through initial public offerings, strategic sales, or sales to other private equity firms. The firm emphasizes investments in North America while also considering opportunities in Europe, particularly in emerging markets.

Cardinal Equity Partners is a multi-family owned investment firm with a mission to acquire controlling interest in a small number of middle-market businesses located in the eastern half of the United States. With over 20 years of experience in acquiring and building middle-market businesses, we have a demonstrated track record of utilizing our collective operating, marketing, and financial backgrounds to help management teams grow and build companies of value. As private investors utilizing our own capital, we do not have the same liquidity pressures that a Fund-based investor has, thereby allowing us to view each of our investments as a long-term commitment towards building an enduring, profitable business.

Primus III was an early-stage venture capital fund launched in 2010 by Primus Capital Partners, based in Budapest, Hungary. The fund focused on investing in technology-enabled services, commercial services, and companies within the technology, media, and telecommunications (TMT) sectors. Primus III aimed to support 10 to 12 companies, with a preference for investments of up to EUR 1.5 million. This approach allowed the fund to engage with promising enterprises in Hungary, providing them with the necessary capital to fuel their growth and development. Primus Capital Partners, founded in 2003, has a broader investment strategy that includes sectors such as healthcare, pharmaceuticals, and biotechnology, emphasizing partnerships with innovative companies to realize their business potential.

O2 Investment Partners, LLC is a Michigan-based private equity firm that focuses on lower middle market investments in various sectors, including industrial manufacturing, niche distribution, business services, and technology. The firm seeks to acquire a majority interest in companies with revenue between $10 million and $75 million and enterprise values between $10 million and $100 million. O2 Investment Partners aims to partner with management teams to drive growth and enhance shareholder value, often through strategies such as buy and build, management buyouts, and turnaround initiatives. The firm primarily targets opportunities in the Midwest and Great Lakes regions of the United States and Canada, investing between $1 million and $20 million in businesses with strong earnings growth potential. Founded in 2010 and based in Bloomfield Hills, Michigan, O2 Investment Partners also considers co-investments and opportunistic acquisitions across various industries.

Leonard Green & Partners is a private equity investment firm established in 1989 and headquartered in Los Angeles. The firm specializes in partnering with experienced management teams and founders to invest in market-leading companies across various sectors. Since its inception, Leonard Green & Partners has raised over $40 billion in committed capital and has invested in more than 90 companies through a range of strategies, including traditional buyouts, going-private transactions, recapitalizations, and growth equity. In 2019, the firm raised its eighth flagship fund, Green Equity Investors VIII, L.P., with commitments totaling $12 billion, alongside a dedicated middle-market fund, Jade Equity Investors, L.P., which secured $2.75 billion in commitments.

CID Capital is an Indiana-based private equity firm founded in 2006 that specializes in making majority investments in lower-middle-market companies across various industries, including consumer goods, healthcare, leisure, transport, technology, and business services. The firm targets companies with a strong history of performance that have the potential for significant growth but face constraints due to limited capital, inadequate operating systems, or lack of management experience. By providing necessary resources and capital, CID Capital aims to help these companies overcome their challenges and achieve their growth objectives. The firm's current investment strategy includes managing the CID Capital Opportunity Fund III, a buyout fund established in 2022.

Notre Dame Law School, part of the University of Notre Dame founded in 1842, is located in Notre Dame, Indiana. The school is recognized for its rigorous academic programs and commitment to values that integrate faith and knowledge. It attracts a diverse student body from all 50 states and over 100 countries, fostering a collaborative and enriching learning environment. The Law School benefits from the university's substantial endowment fund, which supports scholarships, faculty positions, and various academic initiatives. The campus is known for its collegiate Gothic architecture and picturesque landscape, contributing to a unique educational atmosphere that emphasizes both tradition and innovation. Notre Dame Law School stands out not only for its academic excellence but also for its dedication to cultivating a sense of community and moral integrity among its students.

South Central is a 75-year-old family office and holding company established in 1946 on the banks of the Ohio River in Evansville, Indiana. We believe business is an honorable calling that makes a difference in the world. We prefer to invest in businesses where we can make a difference by helping management achieve their goals. We also like to invest with family offices and other investors if the transaction makes sense. Periodically, we make smaller, early-stage investments to diversify our portfolio.

Butler University, founded in 1855 and located in Indianapolis, Indiana, is a non-profit educational institution recognized for its competitive and nationally acclaimed academic offerings. It provides a diverse array of undergraduate and graduate programs across various fields, including business, liberal arts, pharmacy, and sciences. The university is committed to fostering scholarly success, supported by a knowledgeable faculty dedicated to student learning. In addition to its academic focus, Butler promotes a vibrant campus life enriched by arts, athletics, student organizations, and community engagement opportunities through its Volunteer Center. The institution prioritizes student well-being by offering comprehensive support services that address academic, professional, and personal needs. Butler University has been acknowledged as one of the "best in the Midwest" by US News & World Report, reflecting its commitment to providing a balanced and enriching educational experience.

Eli Lilly and Company, founded in 1876, is a prominent American pharmaceutical firm engaged in the discovery, development, manufacture, and sale of a wide range of pharmaceutical products. The company operates facilities in the United States, Puerto Rico, and 25 other countries, distributing its products in approximately 135 countries worldwide. Eli Lilly's product portfolio includes treatments for various medical conditions, particularly in the fields of neurosciences and endocrinology. Notable products include Zyprexa for schizophrenia and bipolar disorder, Cymbalta for depression and anxiety, and Humalog for diabetes management. In addition to its pharmaceutical business, Eli Lilly also conducts research aimed at improving animal health and food production efficiency. The Eli Lilly Foundation further supports community initiatives focused on enhancing patient outcomes and educational opportunities, particularly in underserved areas.

Bay City Capital LLC, founded in 1997 and based in California, is a private equity firm that specializes in managing investment funds within the life sciences sector. The firm has overseen six venture funds, which collectively represent $1.5 billion in capital invested across more than 70 companies. Among these funds, five focus on general life sciences, while one is dedicated to the nutrition and agribusiness sectors. Bay City Capital aims to support innovative companies that contribute to advancements in healthcare and related fields.

Triathlon Medical Ventures is a venture capital firm based in Ohio, specializing in investments in the life sciences and biomedical sectors. Founded in 2004, the firm focuses on seed and early-stage companies, as well as mid- to late-stage firms, primarily in the Midwest, but it is open to national opportunities. Triathlon Medical Ventures does not invest in healthcare information technology or services. The firm seeks to support companies with proprietary biomedical technologies that address significant healthcare needs, typically investing between $0.5 million and $10 million. It prefers to take a lead investor position and often requires a board seat for early-stage investments, while it may assume a board seat or become a board observer for later-stage investments. The firm has additional offices in Indianapolis, Louisville, and Michigan.

Edison Partners L.P. is a private equity and venture capital firm established in 1986 and based in Princeton, New Jersey. The firm specializes in growth equity investments in technology-enabled solutions, focusing on sectors such as financial technology, healthcare information technology, and enterprise software. Edison Partners typically invests in companies with revenues between $5 million and $30 million, primarily targeting those exhibiting a growth rate of approximately 30 percent. Its investment strategy includes expansion capital, management buyouts, recapitalizations, and secondary stock purchases. The firm utilizes a holistic approach, offering strategic advisory services through its Edison Edge platform, which encompasses the Edison Director Network and executive education. Edison Partners manages over $1 billion in assets and has created an aggregate market value exceeding $5 billion across its active portfolio, which includes over 170 investments. The firm's primary geographic focus is the Mid-Atlantic and Northeast regions of the United States, including New Jersey, Pennsylvania, New York, and Maryland.

Ceres Farms, managed by Ceres Partners, is a specialist investment manager based in South Bend, Indiana, focusing exclusively on the food and agriculture sectors. Founded in 2007, Ceres Farms primarily invests in farmland while also overseeing the Ceres Food & Agriculture Opportunity Fund, which provides growth equity to emerging businesses in these industries. The firm targets various sectors, including agriculture, commercial services, consumer non-durables, and manufacturing, with the aim of supporting early to growth-stage companies. Ceres Partners operates as a Registered Investment Adviser, emphasizing its commitment to the agricultural investment landscape.

Access Ventures, established in 2013 and headquartered in Louisville, Kentucky, is a private operating foundation focused on fostering systemic change within communities to create a more inclusive and creative economy. The organization aims to ensure that economic systems work for all individuals, valuing their contributions and fostering an environment where everyone can thrive. With a strong emphasis on values and mission-aligned investing, Access Ventures employs a one-pocket approach to reshape traditional investment methods. The firm invests across various asset classes and sectors, seeking to drive positive social impact while generating financial returns. Through its innovative strategies, Access Ventures is recognized as a significant player in the realm of socially responsible investing.

NiSource Inc. is a prominent energy holding company based in Merrillville, Indiana, engaged in the regulated distribution of natural gas and electricity across several states in the United States. The company operates through two primary segments: Gas Distribution Operations and Electric Operations. It serves approximately 3.5 million natural gas customers and 476,000 electricity customers, primarily in Indiana, Ohio, Pennsylvania, Virginia, Kentucky, Maryland, and Massachusetts. NiSource's electricity generation capabilities include coal-fired, natural gas, and hydroelectric plants with a combined capacity exceeding 3,000 megawatts. The company is committed to investing in its energy infrastructure to enhance service reliability and safety for its customers, employing over 7,000 individuals in its operational regions. Founded in 1847 and originally known as NIPSCO Industries, NiSource has a long-standing history in the energy sector.

Invesque is a healthcare real estate development and investment company based in Indiana, focused on acquiring and managing properties related to healthcare and senior living. The firm specializes in various sectors, including post-acute transitional care, long-term care, independent and assisted living, as well as medical properties. Invesque's portfolio features properties that provide assisted living services, short-term rehabilitation, and memory care. These properties are typically operated by healthcare providers under long-term, triple net leases. A significant aspect of Invesque's strategy involves forming strategic partnerships with leading developers in the industry, contributing to its long-term success. Founded in 2007 by Adlai Chester, Scott Higgs, and Scott White, Invesque has evolved to target opportunistic investments within the healthcare and senior housing markets.

Centerfield Capital, Inc. is a private equity firm based in Indianapolis, Indiana, founded in 1998. The firm specializes in mezzanine financing and equity investments in lower middle-market companies, primarily within the healthcare, technology, manufacturing, consumer products, and business services sectors. Centerfield Capital focuses on facilitating ownership transitions and supporting growth through various financial strategies, including add-on acquisitions, recapitalizations, and management buyouts. The firm typically invests between $3 million and $35 million in companies with annual revenues ranging from $10 million to $100 million and EBITDA of $3 million to $35 million. It prefers to lead investments in subordinated debt, often combined with equity, while also considering co-investment opportunities. Centerfield Capital aims to partner with strong management teams to enhance enterprise value and typically exits investments through strategic acquisitions of their portfolio companies.