Locations

INDIANAPOLIS

Private financing in INDIANAPOLIS, aggregated from public sources.

$4.2B
Capital raised
370
Companies
699
Rounds
2005
First on record
2026-03-06
Latest round

Rising INDIANAPOLIS drew $310.8M over the last 12 months, up 160% versus the prior 12 ($119.4M). Of 360 companies rankable against same-niche peers, 19% model over-valued and 39% under-valued.

Capital flow over time

Quarterly capital raised in INDIANAPOLIS.

2008-Q4 · $11.9M2008-Q42009-Q1 · $930K2009-Q2 · $77.5M2009-Q3 · $34.0M2009-Q4 · $82.7M2010-Q1 · $18.9M2010-Q2 · $51.2M2010-Q22010-Q3 · $44.3M2010-Q4 · $26.5M2011-Q1 · $84.7M2011-Q2 · $35.7M2011-Q3 · $35.4M2011-Q4 · $46.8M2011-Q42012-Q1 · $9.8M2012-Q2 · $25.7M2012-Q3 · $43.2M2012-Q4 · $26.8M2013-Q1 · $18.1M2013-Q2 · $5.1M2013-Q22013-Q3 · $2.8M2013-Q4 · $6.6M2014-Q1 · $22.2M2014-Q2 · $401.9M2014-Q3 · $2.3M2014-Q4 · $6.6M2014-Q42015-Q1 · $3.9M2015-Q2 · $16.8M2015-Q3 · $108.3M2015-Q4 · $9.7M2016-Q1 · $27.0M2016-Q2 · $20.6M2016-Q22016-Q3 · $24.3M2016-Q4 · $31.1M2017-Q1 · $20.6M2017-Q2 · $10.9M2017-Q3 · $114.3M2017-Q4 · $89.9M2017-Q42018-Q1 · $35.4M2018-Q2 · $47.5M2018-Q3 · $20.2M2018-Q4 · $89.8M2019-Q1 · $20.9M2019-Q2 · $23.0M2019-Q22019-Q3 · $68.1M2019-Q4 · $261.8M2020-Q1 · $29.6M2020-Q2 · $52.7M2020-Q3 · $26.8M2020-Q4 · $36.5M2020-Q42021-Q1 · $16.1M2021-Q2 · $81.2M2021-Q3 · $23.8M2021-Q4 · $94.6M2022-Q1 · $34.1M2022-Q2 · $25.4M2022-Q22022-Q3 · $122.1M2022-Q4 · $142.6M2023-Q1 · $401.4M2023-Q2 · $19.7M2023-Q3 · $85.7M2023-Q4 · $20.7M2023-Q42024-Q1 · $162.5M2024-Q2 · $122.4M2024-Q3 · $42.0M2024-Q4 · $38.4M2025-Q1 · $5.8M2025-Q2 · $33.1M2025-Q22025-Q3 · $11.3M2025-Q4 · $26.9M2026-Q1 · $272.6M
Sector mix
SectorCompaniesRoundsCapital
Other Technology108259$1.4B
Construction44$747.5M
Other72114$441.4M
Retailing1213$404.0M
Other Health Care2580$289.2M
Media & Content77$200.2M
Business Services1319$142.2M
Software / Tech2556$113.6M
Top-funded companies
CompanySectorRaisedModeled value
Thompson Thrift 2023 Multifamily Development, LPConstruction$392.3M$2.8B
Velocity Holding Company, Inc.Retailing$382.5M$2.2B
Spectacle Entertainment Group, LLCMedia & Content$140.0M$2.2B
JMFA Holdings Corp.Business Services$80.4M$1.9B
GCR Holdings, Inc.Other Technology$59.1M$1.9B
Thompson Thrift 2026 Multifamily Development, LPConstruction$222.2M$1.6B
Thompson Thrift 2024 Multifamily Development, LPConstruction$129.0M$908.6M
BioCritica, Inc.Pharmaceuticals$25.0M$850.1M
Infab HoldCo, Inc.Other Health Care$36.5M$807.5M
CTS HoldCo, L.P.Other Technology$26.0M$792.5M
Orbis Education Services IncOther Technology$38.3M$741.1M
Lessonly, Inc.Other Technology$36.2M$670.0M
Spectacle Entertainment, LLCMedia & Content$40.0M$598.1M
Mercury Acquisition Inc.Business Services$24.2M$550.3M
PPA Holdings, Inc.Manufacturing$44.5M$503.5M
Zylo, Inc.Other Technology$72.3M$484.3M
Angie's List, Inc.Other Technology$109.1M$471.4M
HKW GC Holdings, Inc.Other$41.5M$463.0M
CIS Holdings, Inc.Other Technology$71.5M$460.0M
VoCare, Inc.Other Health Care$27.6M$443.1M
Other locations

Browse all locations or the full company rankings.

Frequently asked
How much venture funding have companies in INDIANAPOLIS raised?
Companies based in INDIANAPOLIS have raised approximately $4.2B across 699 recorded financing rounds among 370 companies, aggregated from public sources.
Is startup funding in INDIANAPOLIS growing?
INDIANAPOLIS funding is currently rising: capital raised over the last 12 months was up 160% versus the prior 12 months.
What sectors are most active in INDIANAPOLIS?
The most active sectors in INDIANAPOLIS by recorded financing are Other Technology, Construction, Other, Retailing. See the sector mix table for company and round counts.
Which are the most-funded companies in INDIANAPOLIS?
The most-funded INDIANAPOLIS companies in our coverage include Thompson Thrift 2023 Multifamily Development, LP, Velocity Holding Company, Inc., Spectacle Entertainment Group, LLC, JMFA Holdings Corp., GCR Holdings, Inc.. See the ranked table for disclosed capital and modeled valuations.