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Indianapolis

Metro area · United States · Pop. 2.1M

A public taster of the full Indianapolis ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

385 Pool of Funded Startups
New Startups
85 Annual Startups FoundedAll new ventures
34 Annual Startups FundedReceived investment
get funded 40%
314Startups
112 Pre-Seed Startups$100K–1M
105 Seed Startups$1–4M
97 Series A Startups$4–15M
Seed to Series A 28%
57Breakouts
40 Series B Breakouts$15–40M
A to Series B 29%
17 Series C Breakouts$40–100M
14Scaleups
13 Mega Scaleups$100–250M
reach Mega 3.4%
1 Mega+ Scaleups$250M+
reach Mega+ 0.26%
2Valuation Outcomes
2 Unicorns($1–10B valuation)
reach Unicorn 0.52%
Pre-Seed
112
Seed
105
Series A
97
Series B
40
Series C
17
Unicorn
2

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Largest rounds

Largest funding rounds in Indianapolis

A live treemap of the largest VC rounds. Each cell is one round into Indianapolis-headquartered companies, grouped by Dealroom sector.

Largest rounds in Indianapolis - 2026

Every $15M+ VC round into Indianapolis-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

VC investment

How much venture capital flows into Indianapolis

VC investment into Indianapolis-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Indianapolis's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Indianapolis.

University-linked startup formation
30
University spinouts
269
Total alumni-founded companies
174
Of which startups (<$15M raised)
69
Breakouts ($15M-100M)
26
Scaleups ($100M+)

Location comparison

How Indianapolis stacks up

Compare Indianapolis with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Detroit
$42.5B
Portland
$37.7B
Cincinnati
$37.7B
Santa Barbara
$36.1B
Jacksonville
$34.6B
Grand Rapids
$34.5B
Tampa
$34.5B
Upstate New York
$31.3B
Indianapolis
$16.3B

Combined enterprise value of each ecosystem.

More data

Explore Dealroom data →
Country United States Country · North America · Pop. 340.1M · #1 country by EV Region North America Continent / region · Pop. 60M · #2 region by EV

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