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State of Indiana

State of Indiana

Indianapolis, Indianain.gov

Overview

State of Indiana is a government entity that provides grants and incentives to foster economic development and infrastructure improvements. Through agencies like the Indiana Economic Development Corporation (IEDC) and the Office of Community and Rural Affairs (OCRA), it funds projects in areas such as broadband expansion, business growth, and community revitalization.

Year Founded

2005

Portfolio Companies

4

Website

in.gov

Investments

State of Indiana investments
CompanyDateStageLead
Mainstream Fiber NetworksFeb 2026GrantLead
Adipo TherapeuticsJun 2024GrantCo-investor
Mainstream Fiber NetworksOct 2023GrantCo-investor
Pierce AerospaceAug 2018GrantCo-investor
Northern Indiana Commuter Transportation District-GrantLead

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersIndianapolis, Indiana
Year Founded2005

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