Participated · Seed · May 2026

Stock operates a supply-chain technology platform that matches brands and third-party logistics operators with nonprofits to donate excess and end-of-life inventory. Founder Abby Nawrocki, who worked in U.S. distribution for brands including Zara, Skims and Uniqlo and later at third-party logistics startup Deliverr, launched the company in 2024 after repeatedly encountering retail waste. Nawrocki left her corporate role in October 2025 to build Stock full time. The company targets a sizable waste problem highlighted by a 2022 Avery Dennison report estimating $163 billion in usable inventory discarded annually by U.S. 3PLs. Financially, Stock has just completed a $1.5 million pre-seed round led by M25 with participation from Storytime Capital, Mighty Capital, LongJump and IU Ventures to support its early growth. No revenue, user metrics, or prior institutional funding are reported in the article.

Participated · Equity · Jan 2024

Adipo Therapeutics is a late-stage, preclinical biopharmaceutical company based at the Indiana Biosciences Research Institute in Indianapolis. Its lead asset, ADPO-002, is being developed to treat obesity and type 2 diabetes by converting energy-storing white adipose tissue into energy-burning brown adipose tissue, increasing energy expenditure and improving insulin resistance. Purdue noted ADPO-002 could be complementary to existing weight-loss and diabetes drugs. The company completed a $1.9M bridge round to complete critical studies demonstrating the therapy's mechanism in human fat. That bridge brings Adipo's total seed funding to $4 million. Adipo is currently in the midst of a $35 million Series A aimed at moving the treatment into a Phase 1 clinical development program. The company was founded by Dr. Meng Deng, who serves as president; Karen Wurster is CEO and the board recently added Dr. Michael Clayman.

Participated · Seed · Oct 2023

Plan Forward is a dental software company based in Indianapolis that provides tools to create, manage and analyze dental membership plans. Led by co-CEOs and co-founders Jane Levy and Megan Lohman, the company offers compliant membership agreements and marketing support to help practices grow membership. Its integrated platform, Plan Forward Advanced, supports existing practice workflows and enables custom creation and management of membership plans. The company works with large dental organizations, private groups and independent practices across 40 states. Plan Forward raised $2M in a Seed B round and intends to use the funds to grow the team and continue investing in technology. The funding is aimed at expanding the company's technology and team to support broader adoption among dental practices.

Participated · Series A · Nov 2022

Boardable is an online board management and meetings platform that centralizes communication, document storage, meeting planning, and other tasks involved with running a board of directors. Led by CEO Jeff Middlesworth, the company offers a portal to streamline board workflows and governance. Boardable is based in Indianapolis, IN. The company raised $2.6M in a Series A-1 financing and intends to use the proceeds for product innovation and to accelerate growth in markets that need board management tools the most. The Series A-1 brings Boardable’s total Series A funding to $10.6M. Boardable provides an online board management portal that centralizes communication, document storage, meeting planning, note recording, and virtual meeting functionality for nonprofits. The platform helps organizations move to paperless board management, streamline trustee onboarding, organize meeting minutes and facilitate voting among board members. Customers include large nonprofits such as the YMCA, The Salvation Army, Big Brothers Big Sisters of America, and Girl Scouts of Indiana, and users report improved efficiency and engagement. Boardable was founded in 2017 by nonprofit leaders and is based in Indianapolis, Indiana. The company says it reduces the administrative friction of managing volunteer-heavy boards and aims to be a one-stop governance tool for nonprofits. Following its recent fundraise, Boardable plans to expand its team, pursue new markets, and build new product capabilities. Boardable is an Indianapolis-based online board management portal led by CEO Jeb Banner that centralizes communication, document storage, meeting planning and other tasks involved in running boards of directors. The company serves nonprofits, volunteer groups and businesses, and currently has over 500 customers in more than 25 countries. Boardable plans to accelerate team growth, add product options, and increase marketing efforts using the new funding. It aims to double full-time employees by the end of 2020 and hopes to reach 30 employees in the next 12 months. The company is also considering adding an office in Australia to better service and educate its global nonprofit audience. Funds will be used to develop and roll out new product options for small nonprofits and volunteer groups as well as more robust features for customers needing advanced functionality. Boardable provides an online board management platform designed to help nonprofit boards centralize communication, document storage, and meeting planning. The company was founded in 2017 by nonprofit leaders and is based in Indianapolis, Indiana. Boardable serves more than 350 customers across more than 20 countries and had eight full-time employees at the time of the article. The company’s mission is to improve board engagement for nonprofits, and it plans to invest new funding into talent, product, marketing, and sales. Management aims to double full-time headcount by the end of 2019 to support growth. Boardable previously raised $1.35 million in an early-stage friends-and-family round backed by Indianapolis-area angel investors.

Participated · Seed · Mar 2022

iink offers a digital, automated workflow that integrates with mortgage servicing banks and insurance carriers to expedite payments and reduce administrative burden in property insurance claims. Its three core products are a cash-flow lending component that can fund contractors in as little as two business days, remote deposit capture and multiparty check processing, and the ability to work with mortgage companies on contractors’ behalf. Pricing includes a free-tier remote check solution with a one-time $299 setup fee, other components priced up to 1.95% of the claim check per month plus additional fees, and a subscription option for unlimited use. Over the past 12 months iink has doubled its customer count and is averaging about $72 million in insurance claim dollar volume processed; the company says revenue has tripled in that period. The company was founded in 2017 and is based in Tampa. It plans to deploy new capital into scalability and automation, expanding its customer base and integrations, channel partnerships, and hiring in engineering and business functions. iink Payments is a Tampa, FL-based provider of a digital payments network that connects and facilitates the flow of money and information between all stakeholders involved in the payments lifecycle. Led by CEO Tom McGrath, the company focuses on restoring insured properties back to pre-loss condition by streamlining payments and approvals among insurers, mortgage servicers, and lienholders. In February 2022 the company raised $3.0M in a Seed II funding round to support growth. The round was led by Grand Ventures, with participation from Springtime Ventures, Simplex Ventures, Motivate Venture Capital, and Green Egg Ventures. The company intends to use the funds to invest in strategic integrations with mortgage servicing banks and insurance carriers to digitize lienholder approvals. No operating metrics or additional financial details were disclosed in the article. iink Payments operates a digital payments network that expedites disbursement of funds associated with multi-party property insurance claims. It runs an Advanced Funding program that provides short-term advances to restoration contractors facing insurance-related cash-flow constraints. The company says it helps restore insured properties up to 60 times faster by connecting and facilitating the flow of money and information between stakeholders. The recently closed $6 million debt facility, with an accordion up to $100 million, will be used to fund the rapidly expanding Advanced Funding program. With storm season approaching, iink plans to deploy the capital to assist thousands of property owners and ensure contractors are paid on time and with ease, according to CEO and co-founder Tom McGrath. iink Payments operates a digital payments network focused on expediting disbursement of funds associated with multi-party property insurance claims. The company integrates with carriers and banking partners to enable faster communication and settlement across complex claim flows. It plans to use recent funding to grow its existing network and to double down on integrations with core systems of its carrier and banking partners. Leadership is led by CEO and co-founder Tom McGrath and the company is based in Tampa, FL. The company raised $2.8M in Seed funding to support these growth and integration efforts. Tony Ford, former CTO of Marqeta, will be joining iink’s board.