Funded Startups in Carmel
The 17 companies shown span rounds from December 2020 through October 2025, with 16 based in Carmel, Indiana and one — NutJobs — in Carmel, California.
The 17 companies shown span rounds from December 2020 through October 2025, with 16 based in Carmel, Indiana and one — NutJobs — in Carmel, California. Health care and biotechnology account for seven of the listings combined: NeurAxis, Syra Health, Reveleum, and illuminate.health on the health care side, plus MBX Biosciences, Acumen Pharmaceuticals, and Gate Neurosciences in biotech. The two largest disclosed rounds are Acumen Pharmaceuticals at $130M (July 2023) and MBX Biosciences at $64M Series C (August 2024).
Round-stage labeling is sparse — most entries carry "Series Unknown" or omit stage entirely, and five rounds list no dollar amount. Identifiable stages include four Seed rounds (Ani Energy in November 2022, Blue Agilis and illuminate.health in March 2023, and Reveleum in March 2025), a Series A from Your Money Line ($5M, August 2024), and MBX Biosciences' Series C. The most recent entry is Kinetic Advantage, which closed an undisclosed private equity round in October 2025.
Most recent rounds
17 shownRelated listings
Frequently asked
What are the largest disclosed rounds among these Carmel-area startups?
Acumen Pharmaceuticals leads at $130M (July 2023), followed by MBX Biosciences at $64M Series C (August 2024) and Gate Neurosciences at $25M (October 2022). Realync raised $22M in December 2020, and NutJobs pulled in $9M in January 2023.
Which sectors dominate funded startup activity in Carmel?
Health care accounts for four companies (NeurAxis, Syra Health, Reveleum, illuminate.health) and biotechnology for three (MBX Biosciences, Acumen Pharmaceuticals, Gate Neurosciences), making life sciences the dominant cluster across these 17 entries. Administrative services appears three times as well, covering Your Money Line, NutJobs, and Milestone Business Solutions.
Are all of these companies based in Carmel, Indiana?
Sixteen of the 17 are in Carmel, Indiana. NutJobs is the exception, listed under Carmel, California.
How many rounds here have undisclosed dollar amounts?
Five entries — Kinetic Advantage, Reveleum, Cosmo's Superior Foods, WalkerHughes Insurance, and illuminate.health — list no round size, so disclosed figures represent only a portion of total capital raised across this set.
Which companies have raised funding most recently?
Kinetic Advantage closed an undisclosed private equity round on October 13, 2025, followed by NeurAxis ($5M, May 2025) and Reveleum (undisclosed Seed, March 2025). Your Money Line ($5M Series A) and MBX Biosciences ($64M Series C) both closed rounds in August 2024.
Is any Carmel company at a clearly late funding stage?
MBX Biosciences is the only company with a confirmed late stage, having reached Series C at $64M in August 2024. Kinetic Advantage's private equity round suggests a more mature business profile, though the amount and structure were not disclosed.
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