Funded Information Technology Startups in Indianapolis
Across the 14 most recent Information Technology funding rounds in Indianapolis shown here, the largest disclosed amount is Mandolin’s $40M (Series A) on 2…
Across the 14 most recent Information Technology funding rounds in Indianapolis shown here, the largest disclosed amount is Mandolin’s $40M (Series A) on 2025-06-25. That $40M figure dwarfs the rest of the disclosed rounds in this table, which cluster between $1M and $14M, with the next-largest disclosed amounts being Sharpen Technologies at $14M (2021-06-03) and Trava Security at $7M (2023-08-07). The disclosed amounts also show a distinct temporal cluster: four rounds are dated between 2024-02-08 and 2024-10-04 (Bloomerang $undisclosed on 2024-02-08; Casted $1M on 2024-10-04; plus two other 2024 entries are outside that exact window due to the table’s specific dates), while the table overall spans 2020-12-22 through 2025-10-31.
Stage and disclosure mix is uneven: 2 of 14 entries are undisclosed (RenPSG on 2025-10-31; Bloomerang on 2024-02-08), and 6 of 14 are labeled “Series Unknown” (RenPSG is Private Equity, but the series classification is not numeric; Casted 2024-10-04 is “Series Unknown”; Bloomerang is “Series Unknown”; Trava Security and Torchlite are “Series Unknown”; Docket is “Venture - Series Unknown”; Revelant Technologies LLC is “Venture - Series Unknown”). The newest round is RenPSG on 2025-10-31 (undisclosed), and the oldest dated round is Boardable on 2020-12-22 ($8M).
Most recent rounds
14 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Indianapolis IT list, and how does it compare to the next-largest disclosed amounts?
Mandolin’s $40M (Series A) on 2025-06-25 is the largest disclosed amount in the table. It sits well above the next-largest disclosed figures: Sharpen Technologies at $14M on 2021-06-03 and Trava Security at $7M on 2023-08-07.
Are there noticeable time clusters among the most recent round dates?
Yes. Several rounds concentrate in the mid-2024 window: Casted closed on 2024-10-04 ($1M) and Bloomerang is dated 2024-02-08 (undisclosed). More broadly, the list spans 2020-12-22 (Boardable, $8M) through 2025-10-31 (RenPSG, undisclosed), with multiple rounds falling in 2021 and 2023 as separate waves.
How much of the dataset is “undisclosed” or “Series Unknown,” and what does that imply for stage-based comparisons?
Out of 14 rows, 2 are undisclosed amounts (RenPSG on 2025-10-31; Bloomerang on 2024-02-08). In addition, multiple entries use “Series Unknown”/“Venture - Series Unknown” labels, including Casted (2024-10-04, $1M), Trava Security (2023-08-07, $7M), Torchlite (2023-07-24, $1M), Docket (2021-12-21, $3M), and Revelant Technologies LLC (2021-08-16, $4M), limiting clean stage-by-stage ranking by disclosed series.
Which stages show the clearest breakout versus the long tail of smaller disclosed rounds?
Seed and early-stage labels appear multiple times with mid-to-lower disclosed amounts (e.g., Parker Technology Seed at $2M on 2022-07-11; Filo.co Seed at $3M on 2021-09-13), but none match Mandolin’s $40M Series A on 2025-06-25. The highest disclosed amounts beyond Mandolin are $14M (Sharpen Technologies, stage blank on 2021-06-03) and $8M (Boardable, stage blank on 2020-12-22), suggesting a breakout at Series A with the disclosed-size distribution otherwise skewing lower.
Are any rounds clear outliers on disclosed size within this table?
Mandolin’s $40M on 2025-06-25 is the dominant outlier: all other disclosed amounts shown are $14M or less (Sharpen Technologies $14M on 2021-06-03; Trava Security $7M on 2023-08-07; Boardable $8M on 2020-12-22; and several $1M–$5M rounds such as Casted $1M on 2024-10-04 and Torchlite $1M on 2023-07-24).
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