# Indianapolis Startup Ecosystem Map 2026: 58 Startups by Sector

> Map of 58 funded startups in Indianapolis across 7 sectors, from IT Services, Biotech and Software on: $777M raised. Logos, funding and rounds; updated nightly.

Source: https://millionrounds.com/market-maps/indianapolis-startup-ecosystem-map (Millionrounds; every figure on the page links to its filing or article)

## IT Services

14

- [Appirio](https://millionrounds.com/company/appirio)
- [Tangoe](https://millionrounds.com/company/tangoe)
- [Kerauno](https://millionrounds.com/company/kerauno)
- [MetaCX](https://millionrounds.com/company/metacx)
- [Salesvue](https://millionrounds.com/company/salesvue)
- [E-SMART](https://millionrounds.com/company/e-smart)
- [Perpetual Technologies](https://millionrounds.com/company/perpetual-technologies)
- [Vontoo](https://millionrounds.com/company/vontoo)
- [Parker Technology](https://millionrounds.com/company/parker-technology)
- [Right On Interactive](https://millionrounds.com/company/right-on-interactive)
- [App Press](https://millionrounds.com/company/app-press)
- [Saaslio](https://millionrounds.com/company/saaslio)
- [YuMingle](https://millionrounds.com/company/yumingle)
- [AIS](https://millionrounds.com/company/ais)

## Biotech

9

- [Syndeio Biosciences](https://millionrounds.com/company/syndeio-biosciences)
- [*W* Wellfount](https://millionrounds.com/company/wellfount)
- [Strand Diagnostics](https://millionrounds.com/company/strand-diagnostics)
- [NICO](https://millionrounds.com/company/nico)
- [hc1](https://millionrounds.com/company/hc1)
- [Eskenazi Health](https://millionrounds.com/company/eskenazi-health)
- [Adipo Therapeutics](https://millionrounds.com/company/adipo-therapeutics)
- [Grannus Therapeutics](https://millionrounds.com/company/grannus-therapeutics)
- [Kovina Therapeutics](https://millionrounds.com/company/kovina-therapeutics)

## Software

9

- [T2 Systems](https://millionrounds.com/company/t2-systems)
- [WebLink International](https://millionrounds.com/company/weblink-international)
- [RICS Software](https://millionrounds.com/company/rics-software)
- [Ascend Indiana](https://millionrounds.com/company/ascend-indiana)
- [Airwave](https://millionrounds.com/company/airwave)
- [Bloomerang](https://millionrounds.com/company/bloomerang)
- [*M* Maaguzi](https://millionrounds.com/company/maaguzi)
- [Peoplocity](https://millionrounds.com/company/peoplocity)
- [MyCOI](https://millionrounds.com/company/mycoi)

## Big Data & Analytics

8

- [Zylo](https://millionrounds.com/company/zylo)
- [Encamp](https://millionrounds.com/company/encamp)
- [Authenticx](https://millionrounds.com/company/authenticx)
- [ConverSight](https://millionrounds.com/company/conversight)
- [Entegrata](https://millionrounds.com/company/entegrata)
- [Stamus Networks](https://millionrounds.com/company/stamus-networks)
- [RootNote](https://millionrounds.com/company/rootnote)
- [SmartFile](https://millionrounds.com/company/smartfile)

## Healthtech

7

- [SpectronRx](https://millionrounds.com/company/spectronrx)
- [Renovia](https://millionrounds.com/company/renovia)
- [CORDANT HEALTH SOLUTIONS](https://millionrounds.com/company/cordant-health-solutions)
- [*ET* EndGenitor Technologies](https://millionrounds.com/company/endgenitor-technologies)
- [Early is Good](https://millionrounds.com/company/early-is-good)
- [Plan Forward](https://millionrounds.com/company/plan-forward)
- [Compact Medical Solutions](https://millionrounds.com/company/compact-medical-solutions)

## AI

6

- [Arrive AI](https://millionrounds.com/company/arrive-ai)
- [Luster](https://millionrounds.com/company/luster)
- [Backstroke](https://millionrounds.com/company/backstroke)
- [BioReact](https://millionrounds.com/company/bioreact)
- [Ekkobar](https://millionrounds.com/company/ekkobar)
- [Invoke Learning](https://millionrounds.com/company/invoke-learning)

## Advertising & Adtech

5

- [DemandJump](https://millionrounds.com/company/demandjump)
- [Perq](https://millionrounds.com/company/perq)
- [250ok](https://millionrounds.com/company/250ok)
- [DemandWell](https://millionrounds.com/company/demandwell)
- [Tetherball](https://millionrounds.com/company/tetherball)

## Segment by segment

### IT Services

14 startups · $206M raised

- [**Appirio**](https://millionrounds.com/company/appirio) Appirio is an IT technology company providing mobile, social, crowdsourcing, and cloud technology services. United States $116M
- [**Tangoe**](https://millionrounds.com/company/tangoe) Tangoe provides connection lifecycle management software and related services to enterprises and service providers worldwide. United States $26M
- [**Kerauno**](https://millionrounds.com/company/kerauno) Kerauno is a global Communications Software as a Service (SaaS) and workflow software company based in Indianapolis, Indiana. United States $25M
- [**MetaCX**](https://millionrounds.com/company/metacx) MetaCX provides an outcomes-based approach for managing the entire B2B customer lifecycle. United States $18M
- [**Salesvue**](https://millionrounds.com/company/salesvue) Salesvue is a Salesforce-native sales engagement platform that enhances the productivity of sales and marketing teams. United States $6.0M
- [**E-SMART**](https://millionrounds.com/company/e-smart) E-SMART is a technology company that provides software solutions for a safer fleet. United States $4.5M
- [**Perpetual Technologies**](https://millionrounds.com/company/perpetual-technologies) PTI provides infrastructure services, database services, remote DBA services, and other IT solutions for data-driven business entities. United States $4.1M
- [**Vontoo**](https://millionrounds.com/company/vontoo) Utilizing the best in mobile technology: Vontoo offers solutions across various industries ranging from education, entertainment, United States $2.2M

### Biotech

9 startups · $198M raised

- [**Syndeio Biosciences**](https://millionrounds.com/company/syndeio-biosciences) Syndeio Biosciences (from the Ancient Greek word "to connect") is a clinical-stage biotechnology company developing therapies to r United States $90M
- [*W* **Wellfount**](https://millionrounds.com/company/wellfount) Wellfount is a pharmacy offering tech-enabled dispensing to deliver pharmacy services at the point of patient care inside a facility. United States $32M
- [**Strand Diagnostics**](https://millionrounds.com/company/strand-diagnostics) Strand Diagnostics develops and markets the know error® system which utilizes bar coding and DNA testing to confirm surgical biopsy samples. United States $30M
- [**NICO**](https://millionrounds.com/company/nico) NICO develops medical devices for minimally invasive neurosurgery, as well as skull base and spinal surgical procedures. United States $29M
- [**hc1**](https://millionrounds.com/company/hc1) The leader in identifying real-time insights and risk signals in complex laboratory data. United States $6.5M
- [**Eskenazi Health**](https://millionrounds.com/company/eskenazi-health) Eskenazi Health provides exceptional and comprehensive healthcare to Central Indiana. United States $5.0M
- [**Adipo Therapeutics**](https://millionrounds.com/company/adipo-therapeutics) Adipo Therapeutics is a biotechnology company located in Indianapolis, Indiana. United States $4.7M
- [**Grannus Therapeutics**](https://millionrounds.com/company/grannus-therapeutics) Grannus Therapeutics is a biotechnology company that focuses on the development of small molecule inhibitors for specific isoforms of HSP90. United States $800K

### Software

9 startups · $49M raised

- [**T2 Systems**](https://millionrounds.com/company/t2-systems) T2 Systems provides parking management solutions and services for events. United States $31M
- [**WebLink International**](https://millionrounds.com/company/weblink-international) WebLink International offers membership management software and web design solutions for associations and chambers of commerce. United States $4.9M
- [**RICS Software**](https://millionrounds.com/company/rics-software) RICS Software develops software solutions for the retail market worldwide. United States $4.1M
- [**Ascend Indiana**](https://millionrounds.com/company/ascend-indiana) Ascend Indiana is a Central Indiana Corporate Partnership (CICP) initiative focused. United States $4.0M
- [**Airwave**](https://millionrounds.com/company/airwave) Airwave is developer of a push-to-talk mobile application designed to connect people and reduce misinterpretation. United States $3.1M
- [**Bloomerang**](https://millionrounds.com/company/bloomerang) Bloomerang is a donor management software company based in Indianapolis, Indiana, dedicated to supporting small and mid-sized nonp United States $930K
- [*M* **Maaguzi**](https://millionrounds.com/company/maaguzi) Electronic Patient Reported Outcomes United States $375K
- [**Peoplocity**](https://millionrounds.com/company/peoplocity) Peoplocity, LLC develops a mobile application that connects consumers in real time with businesses. United States $200K

### Big Data & Analytics

8 startups · $110M raised

- [**Zylo**](https://millionrounds.com/company/zylo) Zylo is a leading enterprise SaaS management and optimization platform based in Indianapolis, Indiana. United States $40M
- [**Encamp**](https://millionrounds.com/company/encamp) Encamp is an enterprise technology company focused on environmental compliance for businesses. United States $30M
- [**Authenticx**](https://millionrounds.com/company/authenticx) Authenticx is an AI-powered conversation intelligence platform tailored for the healthcare industry. United States $20M
- [**ConverSight**](https://millionrounds.com/company/conversight) ConverSight is a privately held SaaS B2B technology company based in Indianapolis, Indiana. United States $9.0M
- [**Entegrata**](https://millionrounds.com/company/entegrata) Entegrata is a legal technology company founded in 2023 and based in Carmel, Indiana. United States $4.5M
- [**Stamus Networks**](https://millionrounds.com/company/stamus-networks) Stamus Networks is a provider of high-performance network-based threat detection and hunting systems. United States $3.4M
- [**RootNote**](https://millionrounds.com/company/rootnote) Track your data, tell your story, and grow. United States $1.5M
- [**SmartFile**](https://millionrounds.com/company/smartfile) SmartFile was originally focused on secure file transfer and file-sharing solutions for businesses. United States $1.1M

### Healthtech

7 startups · $163M raised

- [**SpectronRx**](https://millionrounds.com/company/spectronrx) SpectronRx is a specialized radiopharmaceutical Contract Development and Manufacturing Organization (CDMO) founded in 2004, with h United States $85M
- [**Renovia**](https://millionrounds.com/company/renovia) Renovia provides commercial painting, sealants, wood replacement, pressure washing, wet glazing, and tuckpointing services. United States $59M
- [**CORDANT HEALTH SOLUTIONS**](https://millionrounds.com/company/cordant-health-solutions) Cordant Health Solutions is a national healthcare and toxicology company focused on monitoring patients in behavioral health, chro United States $13M
- [*ET* **EndGenitor Technologies**](https://millionrounds.com/company/endgenitor-technologies) Founded in 2005, EGT combined the pioneering science of Dr. United States $2.5M
- [**Early is Good**](https://millionrounds.com/company/early-is-good) Early is Good is a private healthcare diagnostics company based in Indianapolis, Indiana. United States $1.6M
- [**Plan Forward**](https://millionrounds.com/company/plan-forward) Plan Forward is a dental technology company based in Indianapolis/Westfield, Indiana, specializing in membership software for dent United States $864K
- [**Compact Medical Solutions**](https://millionrounds.com/company/compact-medical-solutions) Compact Medical Solutions is a developer of a medical bag-valve-mask used to assist patients with emergency breathing issues. United States $685K

### AI

6 startups · $22M raised

- [**Arrive AI**](https://millionrounds.com/company/arrive-ai) Arrive AI is a smart Mailbox-as-a-Service infrastructure and platform for autonomous delivery networks. United States $15M
- [**Luster**](https://millionrounds.com/company/luster) Luster is an AI-powered sales enablement platform based in Indianapolis, Indiana, founded in January 2024. United States $3.0M
- [**Backstroke**](https://millionrounds.com/company/backstroke) Backstroke is a generative AI marketing technology startup founded in 2024 and based in Indianapolis, Indiana. United States $2.8M
- [**BioReact**](https://millionrounds.com/company/bioreact) BioReact is a B2B SaaS company based in Indianapolis, Indiana, founded in 2023 by Mitchell Castetter, Joanna Lipinski, and Andrew Chiappetta. United States $1.1M
- [**Ekkobar**](https://millionrounds.com/company/ekkobar) Ekkobar is an AI-powered platform based in Boston, Massachusetts, that specializes in Social Decision IntelligenceTM. United States $50K
- [**Invoke Learning**](https://millionrounds.com/company/invoke-learning) Invoke Learning is a higher-education data analytics company that focuses on unifying data from campus systems into a comprehensiv United States $50K

### Advertising & Adtech

5 startups · $30M raised

- [**DemandJump**](https://millionrounds.com/company/demandjump) DemandJump is a customer acquisition software that shows marketers new sources of growth online. United States $14M
- [**Perq**](https://millionrounds.com/company/perq) PERQ is a digital marketing and marketing automation platform focused on the multifamily rental industry. United States $10M
- [**250ok**](https://millionrounds.com/company/250ok) Email analytics and deliverability platform United States $2.9M
- [**DemandWell**](https://millionrounds.com/company/demandwell) Demandwell is a results-driven SEO growth platform tailored for B2B SaaS marketers. United States $1.6M
- [**Tetherball**](https://millionrounds.com/company/tetherball) Tetherball is an advertising company focusing on digital relationship marketing. United States $666K

**How this map is made.** Every startup here is based in Indianapolis and has raised money in rounds we track. Each sits under its main sector, read from its rounds; each sector shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More market maps

[All maps](https://millionrounds.com/market-maps)

[Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map)[Market map **Crypto and Web3 market map** 1,297 startups · 8 segments · $33B](https://millionrounds.com/market-maps/crypto-and-web3-market-map)[Market map **Food tech market map** 1,226 startups · 7 segments · $20B](https://millionrounds.com/market-maps/food-tech-market-map)[Market map **Edtech market map** 1,014 startups · 7 segments · $15B](https://millionrounds.com/market-maps/edtech-market-map)[Market map **Gaming market map** 914 startups · 6 segments · $18B](https://millionrounds.com/market-maps/gaming-market-map)

## Who backs indianapolis startups?

Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)
