Who Funds Software As A Service Startups in Indiana?

Real, verified funding sources for software as a service founders in Indiana: VC funds, accelerators, angel networks, and active grant programs — sourced from SEC filings and Grants.gov, not estimates.

No funds headquartered in Indiana matched "Software As A Service" by name — the funds below are shown nationwide instead.

Software As A Service Funding Snapshot — Indiana (as of July 2026)

  • 1
    8 VC funds (nationwide)with "Software As A Service" in their name — none headquartered in Indiana in our data
  • 2
    2 acceleratorsopen to software as a service founders in Indiana (including globally-available programs)
  • 3
    6 angel networksbased in Indiana
  • 4
    53 open grantsin the Technology category, refreshed nightly from Grants.gov

Software As A Service VC Funds (Nationwide)

Ameba China SaaS Fund, L.P.

📍 Grand Cayman, E9

General partners: Tong N/A HUI, Jieyong N/A BAI, Zhuo N/A CHEN & 1 more

$265M
Effective fund size

Pier 88 Ventures Enterprise Software Fund, L.P.

📍 San Francisco, CA

General partners: Suki Singh, David Walrod, Mitch McCullough & 1 more

$100M
Effective fund size

SaaStr Fund II, L.P.

📍 San Francisco, CA📅 Filed March 2020

General partners: Jason M. Lemkin

$55M
Effective fund size

SaaS Ventures II, L.P.

📍 Bethesda, MD📅 Filed September 2020

General partners: Collin Gutman, Brian Gaister, Seth Shuldiner

$43.6M
Effective fund size

SaaS Ventures III, L.P.

📍 Coral Gables, FL📅 Filed January 2024

General partners: Brian Gaister

$28.6M
Effective fund size

ALL STAR SAAS FUND THREE LP

📍 Singapore, U0📅 Filed March 2022

General partners: Nao Ito, Hironori Maeda

$15.1M
Effective fund size

SaaSholic Clicksign II LLC

📍 Newark, DE

General partners: Kirk Carson

Fund size not reported

Black Diamond Financial Software Fund, L.P.

📍 Newark, DE

General partners: Kirk Carson

Fund size not reported

Software As A Service Accelerators Open to Indiana

2 programs

Purdue Innovates Accelerator

West Lafayette, IN

Purdue Innovates Accelerator

Varies
Deadline: Rolling / no fixed deadline
Learn More →

Microsoft for Startups

Global

Microsoft

$150K
Deadline: Rolling / no fixed deadline
Learn More →

Angel Investor Networks in Indiana

6 networks

Indiana Angel Network

👥 60 members💰 $10K - $150K check range

📍 Indianapolis, IN

TechnologyHealthcareConsumerFintechSaaS

Notre Dame Angels

👥 60 members💰 $25K - $200K check range

📍 South Bend, IN

TechnologyHealthcareConsumerFintechSaaS

Elevate Ventures

👥 80 members💰 $25K - $500K check range

📍 Indianapolis, IN

TechnologyHealthcareSoftware

Sawmill Angels

👥 66 members💰 $5K - $100K check range

📍 IN

TechnologyGeneral

VisionTech Angels

👥 43 members💰 $5K - $75K check range

📍 IN

TechnologyGeneral

Purdue Foundry Angels

👥 40 members💰 $25K - $200K check range

📍 West Lafayette, IN

TechnologyDeep TechAgriculture TechLife Sciences

Grants in the Technology Category

Software As A Service falls under the broader "Technology" category in federal grant data. These are federal programs open to eligible founders nationwide (including Indiana) — live from Grants.gov, refreshed nightly.

Ready To Learn Programming

Office of Elementary and Secondary Education

Deadline: July 8, 2026Apply →
$1 - $400K
Deadline: July 15, 2026Apply →

TechAccess: AI-Ready America

U.S. National Science Foundation

$3M - $4M
Deadline: July 16, 2026Apply →

CyberAICorps Scholarship for Service

U.S. National Science Foundation

$300K - $2.5M
Deadline: July 21, 2026Apply →

?Software As A Service Funding FAQs — Indiana

Are there software as a service VCs headquartered in Indiana?

We don't have any funds headquartered in Indiana whose name references software as a service. Below are software as a service-related funds from across the country instead — many invest outside their home state.

What accelerators in Indiana support software as a service startups?

2 accelerator programs open to Indiana-based software as a service founders are in our database, including programs based in Indiana and globally-available programs.

Are there angel investor networks in Indiana?

Yes — 6 angel investor networks based in Indiana are in our database, ranked by member count with software as a service-relevant groups surfaced first where our sector data supports it.

What grants are available for software as a service founders?

53 currently open federal grant programs are tagged under the Technology category, which is where software as a service falls in our grant classification. These are federal programs open to eligible founders nationwide (including Indiana), pulled live from Grants.gov and refreshed nightly.

Your Software As A Service Funding Action Plan

1

Research & Prepare

  • Review the 8 software as a service-matched funds above and their filing history
  • Check each fund's website for current investment criteria before reaching out
  • Prepare a pitch deck and financial projections tailored to your stage
2

Apply & Connect

  • Apply to the 2 accelerator programs listed above
  • Reach out to the 6 angel networks in Indiana
  • Check eligibility for the 6 open grant programs above
3

Follow Up

  • Track deadlines for any application-based programs above
  • Look for warm introductions through your existing network before cold outreach
  • Revisit this page periodically — fund and grant data refreshes nightly