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Top 5 Indianapolis Startups to Watch in 2026

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Indianapolis is growing a strong technology sector, with many companies focused on software and data analytics.

Among them are cloud infrastructure company Scale Computing, which has raised over $202.8 million, and financial services firm Sanctuary Wealth with $175 million in funding. Other companies specialize in areas like AI-powered analytics and health data software.

Below is our list of 5 Indianapolis startups worth keeping an eye on.

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ConverSight builds a decision intelligence platform that gives businesses a single source for analytics and insights. The company’s AI assistant, Athena, uses generative AI and natural language processing to help teams find answers in their data.

Year Founded2017
FoundersGanesh Gandhieswaran, Gopinath Jaganmohan
Funding Amount$16M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsTechstars, Rev1 Ventures, Augment Ventures, Surface Ventures, Elevate Ventures

Scale Computing provides a unified platform that combines servers, storage, and virtualization into a single system for IT teams. This approach helps organizations run applications anywhere, from the data center to the network edge, without the complexity of traditional infrastructure.

Year Founded2007
FoundersEhren Maedge, Jason Collier, Jeff Ready, Mike Olson, Scott Loughmiller
Funding Amount$202.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsBenchmark, Scale Venture Partners, Lenovo, Allos Ventures, Northgate Capital

Sanctuary Wealth created a platform for elite financial advisors to launch and own their independent practices. They provide partnered independence through a suite of operational, compliance, and technology solutions for wealth management firms.

Year Founded2018
Founders
Funding Amount$175M
Startup SizeMid-Size Team (51-250)
Last Funding StatusConvertible Note
Top InvestorsKennedy Lewis Investment Management

Ekkobar offers an AI analytics platform that translates complex data into compelling narratives. The technology is built to uncover insights for clients in media, sports, and politics, telling the story behind the numbers.

Year Founded2019
FoundersAmber Dodson, Rhys Ryan
Funding Amount$950k
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top InvestorsElevate Ventures, Comcast NBCUniversal SportsTech, Taissa Maleh

Springbuk builds a health intelligence platform that helps employers, health plans, and consultants analyze their healthcare data. The company's software provides actionable insights to manage costs and prevent disease before it starts.

Year Founded2015
FoundersPhil Daniels, Rod Reasen
Funding Amount$42.4M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsSovereign’s Capital, HealthQuest Capital, Elevate Ventures, Lewis & Clark Ventures, Cambia Health Solutions

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