Recently Funded Startups in Indiana (Sep-2025)
Last Updated: 3-Sep-2025
Indiana’s startup ecosystem is exhibiting robust activity as it continues to gain traction in various sectors. With a total of 254 startups tracked in the state, the environment is rich with entrepreneurial innovation and investment opportunities. Recent trends indicate a significant influx of funding, highlighting the state’s potential as a burgeoning hub for startups, particularly in industries like real estate, biotechnology, and health care.
In September 2025, we see a promising landscape for Indiana’s startups, with 22 companies successfully raising funds this year amounting to over $527 million. This momentum not only signifies investor confidence but also underscores the critical role funding plays in nurturing innovative ideas and scaling businesses. As these startups receive vital capital, they are positioned to drive economic growth, create jobs, and contribute to the overall prosperity of the state.
Funding Highlights
- Total number of startups tracked: 254
- Number of startups that raised funding last year: 66
- Number of startups that raised funding this year: 22
- Total funding raised this year so far: $527,019,400
- Largest deal: Kite Realty Group Trust, Series Unknown, $300,000,000
- Top industries by funding amount: Real Estate – $300,000,000; Biotechnology – $114,700,000; Information Technology – $43,900,000
- Top industries by number of deals this year: Health Care – 5 deals; Biotechnology – 3 deals; Agriculture and Farming – 2 deals
Full List of Recently Funded Startups in Indiana
| Company | Country | State | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| BiomEdit | United States | Indiana | Series B | $18.4M | 2025-07-15 | Biotechnology |
| MetaCX | United States | Indiana | Series Unknown | $3.9M | 2025-07-15 | Information Technology |
| Mandolin | United States | Indiana | Series A | $40M | 2025-06-25 | Information Technology |
| Kite Realty Group Trust | United States | Indiana | Series Unknown | $300M | 2025-06-17 | Real Estate |
| Syndeio Biosciences | United States | Indiana | Series Unknown | $90M | 2025-05-27 | Biotechnology |
| Arrive AI | United States | Indiana | Series Unknown | $40M | 2025-05-22 | Administrative Services |
| NeurAxis | United States | Indiana | Series Unknown | $5M | 2025-05-21 | Health Care |
| Opendate | United States | Indiana | Seed | $1.7M | 2025-05-15 | Consumer Electronics |
| Olio | United States | Indiana | Series B | $11M | 2025-05-12 | Health Care |
| Paradigm Health | United States | Indiana | Series Unknown | Undisclosed | 2025-05-12 | Health Care |
| EatHere® | United States | Indiana | Pre-Seed | $25K | 2025-05-05 | Commerce and Shopping |
| Prlmnt | United States | Indiana | Seed | Undisclosed | 2025-04-01 | Commerce and Shopping |
| Haar Sauna | United States | Indiana | Series Unknown | $19.4K | 2025-03-13 | Health Care |
| W3i Software, Inc | United States | Indiana | Seed | $1.5M | 2025-03-12 | Software |
| Reveleum | United States | Indiana | Seed | Undisclosed | 2025-03-06 | Health Care |
| Gripp | United States | Indiana | Pre-Seed | $1.5M | 2025-02-26 | Agriculture and Farming |
| Tempo | United States | Indiana | Seed | $3.5M | 2025-02-11 | Artificial Intelligence (AI) |
| TerraForce | United States | Indiana | Series Unknown | $375K | 2025-02-04 | Agriculture and Farming |
| hc1 | United States | Indiana | Series Unknown | $6.3M | 2025-01-13 | Biotechnology |
| Habits | United States | Indiana | Pre-Seed | $1.1M | 2025-01-13 | Financial Services |
| Stellar | United States | Indiana | Seed | $2.7M | 2025-01-07 | Artificial Intelligence (AI) |
| Rhome | United States | Indiana | Pre-Seed | Undisclosed | 2025-01-01 | Financial Services |
| Remodel Health | United States | Indiana | Series Unknown | $100M | 2024-12-19 | Administrative Services |
| Adipo Therapeutics | United States | Indiana | Series Unknown | $4.7M | 2024-12-11 | Biotechnology |
| Unitus | United States | Indiana | Seed | $283.1K | 2024-12-09 | Information Technology |
| Cake | United States | Indiana | Pre-Seed | Undisclosed | 2024-12-09 | Financial Services |
| Ateios | United States | Indiana | Series Unknown | $350K | 2024-12-03 | Consumer Electronics |
| Amplified Sciences | United States | Indiana | Seed | $2.6M | 2024-11-25 | Biotechnology |
| Mx2 Mining | United States | Indiana | Series Unknown | $11.5M | 2024-11-20 | Natural Resources |
| Ports of Indiana | United States | Indiana | Series Unknown | $500K | 2024-10-30 | Transportation |
| Trinity Guardion | United States | Indiana | Series B | $3.5M | 2024-10-30 | Health Care |
| FiberX | United States | Indiana | Series Unknown | Undisclosed | 2024-10-29 | Energy |
| Yelo | United States | Indiana | Pre-Seed | $700K | 2024-10-24 | Commerce and Shopping |
| GeniPhys | United States | Indiana | Series Unknown | $500K | 2024-10-22 | Health Care |
| Oaken | United States | Indiana | Seed | $1.6M | 2024-10-22 | Agriculture and Farming |
| DemandJump | United States | Indiana | Series Unknown | $2.1M | 2024-10-21 | Artificial Intelligence (AI) |
| Neptune | United States | Indiana | Pre-Seed | Undisclosed | 2024-10-20 | Real Estate |
| Terran Robotics | United States | Indiana | Pre-Seed | Undisclosed | 2024-10-07 | Artificial Intelligence (AI) |
| Casted | United States | Indiana | Series Unknown | $1M | 2024-10-04 | Information Technology |
| TitleWise | United States | Indiana | Seed | $250K | 2024-10-03 | Information Technology |
| Wavelogix | United States | Indiana | Series Unknown | $999.9K | 2024-10-02 | Data and Analytics |
| Eradivir | United States | Indiana | Series A | $9.8M | 2024-09-23 | Biotechnology |
| hc1 | United States | Indiana | Series Unknown | $6.5M | 2024-09-11 | Biotechnology |
| Syra Health | United States | Indiana | Series Unknown | $2.1M | 2024-09-11 | Health Care |
| Bereave | United States | Indiana | Seed | $307K | 2024-08-22 | Administrative Services |
| Your Money Line | United States | Indiana | Series A | $4.5M | 2024-08-16 | Administrative Services |
| Kite Realty Group Trust | United States | Indiana | Series Unknown | $350M | 2024-08-13 | Real Estate |
| OrthoPediatrics | United States | Indiana | Series Unknown | $75M | 2024-08-05 | Biotechnology |
| MBX Biosciences | United States | Indiana | Series C | $63.5M | 2024-08-05 | Biotechnology |
| Amplified Sciences | United States | Indiana | Series Unknown | $2.6M | 2024-07-24 | Biotechnology |
| GeoH | United States | Indiana | Seed | $3M | 2024-07-23 | Apps |
| IPS Foundation | United States | Indiana | Series Unknown | Undisclosed | 2024-07-23 | Education |
| Modicus Prime | United States | Indiana | Seed | $3.5M | 2024-07-15 | Artificial Intelligence (AI) |
| Upper Hand | United States | Indiana | Series Unknown | $560.2K | 2024-07-10 | Education |
| Vibronix | United States | Indiana | Series A | $13.8M | 2024-06-24 | Health Care |
| Highfive | United States | Indiana | Series Unknown | Undisclosed | 2024-06-20 | Education |
| Arrive AI | United States | Indiana | Series Unknown | $1.6M | 2024-06-19 | Administrative Services |
| MicroMed | United States | Indiana | Series Unknown | $300K | 2024-06-17 | Education |
| Stellar | United States | Indiana | Seed | $1.7M | 2024-06-07 | Artificial Intelligence (AI) |
| Liminal | United States | Indiana | Seed | $5M | 2024-06-05 | Artificial Intelligence (AI) |
| Day1 AI | United States | Indiana | Pre-Seed | $250K | 2024-06-02 | Artificial Intelligence (AI) |
| GeoH | United States | Indiana | Seed | $2.9M | 2024-05-30 | Apps |
| INCOG BioPharma | United States | Indiana | Series Unknown | $42.9M | 2024-05-29 | Biotechnology |
| Arizona Isotope Science Research | United States | Indiana | Series Unknown | $58.3M | 2024-05-29 | Biotechnology |
| Wavelogix | United States | Indiana | Series A | $3M | 2024-05-28 | Data and Analytics |
| GridHawk | United States | Indiana | Series Unknown | Undisclosed | 2024-05-23 | Administrative Services |
| Tenon | United States | Indiana | Series A | $8M | 2024-05-21 | Software Development |
| Traction Ag | United States | Indiana | Series A | $10M | 2024-05-21 | Agriculture and Farming |
| Backstroke | United States | Indiana | Seed | $2M | 2024-05-07 | Technology |
| PAXAFE | United States | Indiana | Series A | $9M | 2024-05-07 | Administrative Services |
| Medical Informatics Engineering | United States | Indiana | Series Unknown | Undisclosed | 2024-04-23 | Information Technology |
| Amplified Sciences | United States | Indiana | Series Unknown | $275K | 2024-04-11 | Biotechnology |
| Ateios | United States | Indiana | Series Unknown | $25K | 2024-04-09 | Consumer Electronics |
| Neurava | United States | Indiana | Seed | $2.3M | 2024-04-03 | Health Care |
| Elate | United States | Indiana | Series Unknown | $3.2M | 2024-04-02 | Consumer Electronics |
| national FFA | United States | Indiana | $3.9M | 2024-03-21 | Non-profit Organization Management | |
| HealthLinc | United States | Indiana | $2M | 2024-03-13 | Health Care | |
| Crossroads Solar | United States | Indiana | $499.5K | 2024-03-13 | Design | |
| FormAssembly | United States | Indiana | $4M | 2024-03-13 | Data and Analytics | |
| Primary Record | United States | Indiana | Seed | $65K | 2024-02-22 | Apps |
| Cake | United States | Indiana | Pre-Seed | $1.3M | 2024-02-14 | Financial Services |
| Bloomerang | United States | Indiana | Series Unknown | Undisclosed | 2024-02-08 | Information Technology |
| Modicus Prime | United States | Indiana | Seed | Undisclosed | 2024-02-07 | Artificial Intelligence (AI) |
| Flaunt | United States | Indiana | Seed | $1.8M | 2024-02-06 | Commerce and Shopping |
| Pierce Aerospace | United States | Indiana | Series Unknown | $1.1M | 2024-02-02 | Consumer Electronics |
| American Camp Association | United States | Indiana | Series Unknown | $45.5M | 2024-02-01 | Non-profit Organizations |
| Cosmo's Superior Foods | United States | Indiana | Series Unknown | Undisclosed | 2024-01-18 | Agriculture and Farming |
| Insignum AgTech | United States | Indiana | Series Unknown | $600K | 2024-01-15 | Agriculture and Farming |
| Chezuba | United States | Indiana | Seed | $1.4M | 2024-01-12 | Community and Lifestyle |
| Bakers Dozen Bake Shop | United States | Indiana | Series A | $21.2K | 2024-01-12 | Food and Beverage |
| Central Marketing Transport | United States | Indiana | Series Unknown | $1M | 2024-01-11 | Transportation |
| 120Water | United States | Indiana | Series Unknown | $43M | 2024-01-10 | Government and Military |
| NutraMaize | United States | Indiana | Series Unknown | $460.5K | 2024-01-09 | Biotechnology |
| EHOB | United States | Indiana | Series Unknown | Undisclosed | 2024-01-04 | Health Care |
| ZeroCarb LYFE | United States | Indiana | Series Unknown | $800K | 2024-01-02 | Food and Beverage |
| Cake | United States | Indiana | Pre-Seed | Undisclosed | 2023-12-21 | Financial Services |
| Sheltering Wings | United States | Indiana | Series Unknown | $11K | 2023-12-12 | Community and Lifestyle |
| Primary Record | United States | Indiana | Pre-Seed | $1M | 2023-12-12 | Apps |
| NeurAxis | United States | Indiana | Series Unknown | $3M | 2023-11-14 | Health Care |
| Genezen | United States | Indiana | Series Unknown | $18.5M | 2023-11-02 | Biotechnology |
| IBC Advanced Alloys | United States | Indiana | Series Unknown | $1.8M | 2023-10-27 | Manufacturing |
| Yourco | United States | Indiana | Seed | $2M | 2023-10-24 | Hardware |
| Prevounce Health | United States | Indiana | Series A | $2.5M | 2023-10-12 | Health Care |
| Plan Forward | United States | Indiana | Seed | $2M | 2023-10-10 | Health Care |
| Armadillo | United States | Indiana | Series Unknown | $5.8M | 2023-10-06 | Financial Services |
| ReproHealth Technologies | United States | Indiana | Seed | $100K | 2023-10-02 | Agriculture and Farming |
| Kids Discovery Factory | United States | Indiana | Series Unknown | Undisclosed | 2023-09-28 | Museums |
| Cold Plunge Studios | United States | Indiana | Seed | $25K | 2023-09-20 | Health Care |
| WalkerHughes Insurance | United States | Indiana | Series Unknown | Undisclosed | 2023-09-18 | Financial Services |
| Desi | United States | Indiana | Pre-Seed | $300K | 2023-09-14 | Software |
| Practical Property Group | United States | Indiana | Series Unknown | $36.3K | 2023-09-01 | Professional Services |
| Heritage Ford of Indiana | United States | Indiana | Series Unknown | $193K | 2023-09-01 | Financial Services |
| Honeyville Metal | United States | Indiana | Series Unknown | $545.3K | 2023-09-01 | Manufacturing |
| Hubstaff | United States | Indiana | Series Unknown | Undisclosed | 2023-08-28 | Administrative Services |
| ConverSight.ai | United States | Indiana | Series A | $9M | 2023-08-28 | Artificial Intelligence |
| MetaCX | United States | Indiana | Series Unknown | $6.9M | 2023-08-25 | Information Technology |
| EarthWay | United States | Indiana | Series Unknown | Undisclosed | 2023-08-25 | Manufacturing |
| Trava Security | United States | Indiana | Series Unknown | $7M | 2023-08-07 | Information Technology |
| Poseidon Barge | United States | Indiana | Series Unknown | Undisclosed | 2023-08-04 | Manufacturing |
| The Literacy Alliance | United States | Indiana | Series Unknown | $50K | 2023-07-28 | Education |
| Desi | United States | Indiana | Pre-Seed | Undisclosed | 2023-07-26 | Software |
| RenPSG | United States | Indiana | Series Unknown | Undisclosed | 2023-07-26 | Information Technology |
| IndyGo | United States | Indiana | Series Unknown | $19M | 2023-07-25 | Transportation |
| Rock Steady Boxing | United States | Indiana | Series Unknown | Undisclosed | 2023-07-25 | Other |
| Torchlite | United States | Indiana | Series Unknown | $1M | 2023-07-24 | Information Technology |
| Hoosier Hills Food Bank | United States | Indiana | Series Unknown | $86.2K | 2023-07-19 | Food and Beverage |
| Food Finders Food Bank | United States | Indiana | Series Unknown | $185K | 2023-07-19 | Non-profit Organizations |
| Food Bank of Northwest Indiana | United States | Indiana | Series Unknown | $195.2K | 2023-07-19 | Non-profit Organization Management |
| The Salvation Army Indiana Division | United States | Indiana | Series Unknown | $50K | 2023-07-19 | Non-profit Organizations |
| Tri-State Food Bank | United States | Indiana | Series Unknown | $123K | 2023-07-19 | Community and Lifestyle |
| Traduality | United States | Indiana | Series Unknown | $100K | 2023-07-18 | Artificial Intelligence |
| Acumen Pharmaceuticals | United States | Indiana | Series Unknown | $130M | 2023-07-17 | Biotechnology |
| P1 Dental Partners | United States | Indiana | Series Unknown | Undisclosed | 2023-07-13 | Health Care |
| Hope Southern Indiana | United States | Indiana | Series Unknown | $6K | 2023-07-12 | Other |
| Amplified Sciences | United States | Indiana | Series Unknown | $400K | 2023-07-12 | Biotechnology |
| Good Samaritan Network | United States | Indiana | Series Unknown | $10K | 2023-07-12 | Food and Beverage |
| Arrive | United States | Indiana | Series Unknown | $1.3M | 2023-07-10 | Consumer Electronics |
| CityBus | United States | Indiana | Series Unknown | $7.6M | 2023-07-07 | Transportation |
| Hotel Tango Distillery | United States | Indiana | Series Unknown | $2M | 2023-07-06 | Food and Beverage |
| Oakland City University | United States | Indiana | Series Unknown | $50K | 2023-07-06 | Other |
| Sheltering Wings | United States | Indiana | Series Unknown | $19.7K | 2023-07-05 | Community and Lifestyle |
| Middle Way House | United States | Indiana | Series Unknown | $23.1K | 2023-07-05 | Internet Services |
| St. Jude House | United States | Indiana | Series Unknown | $17.4K | 2023-07-05 | Community and Lifestyle |
| A Better Way Services | United States | Indiana | Series Unknown | $17.5K | 2023-07-05 | Health Care |
| YWCA Northeast Indiana | United States | Indiana | Series Unknown | $32.2K | 2023-07-05 | Community and Lifestyle |
| The Julian Center | United States | Indiana | Series Unknown | $35K | 2023-07-05 | Community and Lifestyle |
| FSA | United States | Indiana | Series Unknown | $16.1K | 2023-07-05 | Education |
| Pillar | United States | Indiana | Series Unknown | $4.4M | 2023-07-05 | Administrative Services |
| Bountiful | United States | Indiana | Seed | Undisclosed | 2023-06-27 | Administrative Services |
| IBC Advanced Alloys | United States | Indiana | Series Unknown | $1.4M | 2023-06-19 | Manufacturing |
| Indiana State University | United States | Indiana | Series Unknown | Undisclosed | 2023-06-15 | Education |
| One Southern Indiana | United States | Indiana | Series Unknown | Undisclosed | 2023-06-15 | Community and Lifestyle |
| Hanna Community Center | United States | Indiana | Series Unknown | $11.3K | 2023-06-13 | Non-profit Organizations |
| Blue Wave AI Labs | United States | Indiana | Series Unknown | Undisclosed | 2023-06-10 | Artificial Intelligence |
| TitleWise | United States | Indiana | Pre-Seed | $855K | 2023-06-08 | Information Technology |
| Manchester University | United States | Indiana | Series Unknown | $250K | 2023-06-07 | Education |
| RxLightning | United States | Indiana | Series A | $17.5M | 2023-06-06 | Information Technology |
| Neurava | United States | Indiana | Series Unknown | Undisclosed | 2023-06-06 | Health Care |
| DemandWell | United States | Indiana | Series Unknown | $1.6M | 2023-06-02 | Advertising |
| Eagle Investors | United States | Indiana | Seed | Undisclosed | 2023-06-01 | Financial Services |
| Care Reality | United States | Indiana | Series Unknown | Undisclosed | 2023-05-26 | Education |
| KIPP Indy | United States | Indiana | Series Unknown | Undisclosed | 2023-05-25 | Education |
| Prim6 | United States | Indiana | Seed | $250K | 2023-05-24 | Data and Analytics |
| MorphImmune | United States | Indiana | Series Unknown | $15M | 2023-05-16 | Biotechnology |
| EatHere | United States | Indiana | Series Unknown | $50K | 2023-05-10 | Commerce and Shopping |
| Mainstream | United States | Indiana | Series Unknown | $7.8M | 2023-05-10 | Community and Lifestyle |
| Tenon | United States | Indiana | Seed | $3M | 2023-05-09 | Software Development |
| Comfort Motion Global | United States | Indiana | Series Unknown | $450K | 2023-05-05 | Health Care |
| Holder | United States | Indiana | Series Unknown | $1.1M | 2023-05-05 | Financial Services |
| Sortera Alloys | United States | Indiana | Series C | $22.5M | 2023-05-02 | Artificial Intelligence |
| GLORIAH | United States | Indiana | Series Unknown | Undisclosed | 2023-05-02 | Commerce and Shopping |
| Athian | United States | Indiana | Seed | Undisclosed | 2023-05-01 | Agriculture and Farming |
| AfterSchool HQ | United States | Indiana | Series Unknown | $2.5M | 2023-04-13 | Commerce and Shopping |
| PivotCX.io | United States | Indiana | Series Unknown | $200K | 2023-03-27 | Administrative Services |
| ZeroCarb LYFE | United States | Indiana | Series Unknown | $2.2M | 2023-03-17 | Food and Beverage |
| Notre Dame Federal Credit Union | United States | Indiana | Series Unknown | $5.5M | 2023-03-15 | Financial Services |
| illuminate.health | United States | Indiana | Seed | Undisclosed | 2023-03-15 | Health Care |
| Blue Agilis | United States | Indiana | Seed | $2.5M | 2023-03-10 | Data and Analytics |
| Wave Therapeutics | United States | Indiana | Seed | Undisclosed | 2023-03-03 | Biotechnology |
| SurClean | United States | Indiana | Series A | Undisclosed | 2023-03-01 | Hardware |
| Astatine | United States | Indiana | Series Unknown | $16M | 2023-02-16 | Energy |
| Zylo | United States | Indiana | Series C | $5M | 2023-02-16 | Data and Analytics |
| Elate | United States | Indiana | Series Unknown | $4.9M | 2023-02-14 | Consumer Electronics |
| TMAP | United States | Indiana | Series Unknown | $2M | 2023-02-13 | Administrative Services |
| Surf Internet | United States | Indiana | Series Unknown | $100M | 2023-02-08 | Hardware |
| Toolsey | United States | Indiana | Pre-Seed | $80K | 2023-02-02 | Information Technology |
| Peak Toolworks | United States | Indiana | Series Unknown | Undisclosed | 2023-02-02 | Manufacturing |
| BioPoly | United States | Indiana | Seed | $300K | 2023-01-24 | Biotechnology |
| Prim6 | United States | Indiana | Seed | Undisclosed | 2023-01-23 | Data and Analytics |
| Authenticx | United States | Indiana | Series B | $20M | 2023-01-17 | Data and Analytics |
| Qualifi | United States | Indiana | Series Unknown | $4.5M | 2023-01-11 | Administrative Services |
| Mielle Organics | United States | Indiana | Series Unknown | Undisclosed | 2023-01-11 | Consumer Goods |
| Neurava | United States | Indiana | Series Unknown | $1.2M | 2023-01-06 | Health Care |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Indiana, USA?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Indiana, USA raised funding this year and last year?
22 startups raised funding in Indiana, USA so far this year and 66 did last year; we track 254 startups in the state and total funding this year is USD 527,019,400.
Q3. Which industries are trending among recently funded startups in Indiana, USA (Sep-2025)?
By funding amount the top industries are Real Estate ($300,000,000), Biotechnology ($114,700,000) and Information Technology ($43,900,000). By number of deals the leaders are Health Care (5 deals), Biotechnology (3 deals) and Agriculture and Farming (2 deals).
Q4. What was the largest funding round in Indiana, USA this year (Sep-2025)?
Kite Realty Group Trust (Series Unknown) is the largest deal so far in Indiana, USA this year at $300,000,000, driven by the Real Estate sector.
Q5. How can I connect with these startups in Indiana, USA?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
