Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

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The Founder's Handbook
Download Our Free Guide: The Perfect Pitch Deck

This free eBook goes over the 10 slides every startup pitch deck has to include, based on what we learned from analyzing 500+ pitch decks, including those from Airbnb, Uber and Spotify.

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The Perfect Pitch Deck
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

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100 Accelerators & Incubators
Download Our List of The Top 100 Venture Capital Firms

This free sheet contains 100 VC firms, with information about the countries, cities, stages, and industries they invest in, as well as their contact details.

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VC Firm Lead Magnet
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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100 Top Unicorns

Top 5 Venture Capital Firms in Indianapolis (2026)

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Indianapolis has a growing reputation as a great place to build a company, and its local investment scene is a big reason why. Some firms are especially active, like Elevate Ventures with over 250 investments and High Alpha with more than 130.

The city's investors support a wide range of ideas, from B2B software to life sciences. For founders looking for capital, there are plenty of great options to consider.

Below is our list of the best 5 VC firms in Indianapolis.

Failory's Top 5 Picks

Fundraising OS
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Fundraising OS

Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.

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High Alpha builds and scales B2B SaaS companies through its venture studio model. They provide early-stage and seed startups with both capital and hands-on services in areas like design, finance, and marketing to accelerate their path to enterprise scale.

Year Founded2015
FoundersBrian Bispala, Eric Tobias, Kristian Andersen, Mike Fitzgerald, Scott Dorsey
Investment StageEarly Stage, Seed
Nº of Investments134 (37 as Lead Investor)
Nº of Exits26
Contactinfo@highalpha.com / 317-777-6760

BioCrossroads advances Indiana's life sciences sector by investing in promising early-stage startups and building new enterprises. They connect corporate, academic, and philanthropic partners to strengthen the industry, aiming to improve global patient health and the state's economic well-being.

Year Founded2002
Founders
Investment StageConvertible Note, Early Stage, Seed
Nº of Investments24 (3 as Lead Investor)
Nº of Exits4 (1 IPO'd)
Contact317-238-2450

Investing at the seed stage, Sixty8 Capital backs founders from diverse communities often overlooked by traditional venture capital. Powered by Allos Ventures, they give portfolio companies access to a network with decades of experience.

Year Founded2019
FoundersKelli Jones, Paul Ehlinger
Investment StageSeed
Nº of Investments16 (1 as Lead Investor)
Nº of Exits2
Contactweare@sixty8.capital / 317-663-9382

As a not-for-profit, they provide capital and hands-on support to nurture high-potential businesses across Indiana. Their long-term partnership model focuses on building sustainable companies that strengthen the state's economy and talent pool.

Year Founded2010
FoundersChristopher Day, Ting Gootee
Investment StageConvertible Note, Early Stage, Grant, Late Stage, Seed
Nº of Investments265 (123 as Lead Investor)
Nº of Exits26
Contactinfo@elevateventures.com / 317.975.1901

HG Ventures backs early to growth-stage companies creating new technologies in advanced materials, transportation infrastructure, and environmental services. As the venture arm of The Heritage Group, they connect startups like Romeo Power with the parent company's deep operational expertise and research capabilities.

Year Founded2018
Founders
Average Check Size$10M
IndustriesInternet & Mobile, Climate & Sustainability, IoT, Fintech, AI & ML, Transportation, Industrial, Infrastructure, Energy
Investment StageEarly Stage, Initial Coin Offering, Late Stage, Seed, Growth
Nº of Investments45 (17 as Lead Investor)
Nº of Exits3 (1 IPO'd)
Top Portfolio StartupsRomeo Power Technology, 120 Water, Valerran
Contact(317) 872-6010

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