Indiana News

IU-Funded App Maker Preps for Expansion

FISHERS, Ind. (WOWO): Haven, an IU-funded developer of a mobile and web application that helps homeowners maintain their property, announced its recent completion of a $1.03 million seed funding.

 

The Innovate Indiana Fund, along with Elevate Ventures and 16 angel investors, provided capital the company will use to triple its eight-person staff, fund marketing efforts and enhance its product known by the same name, company officials said.

 

The app is in its final, beta-testing stage, with a January 2015 launch set in Apple and Google Play stores. The company was founded in February and is one of 12 companies in the Innovate Indiana Fund portfolio.

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