| INDIANAPOLIS (April 16, 2026) – Indiana Governor Mike Braun today announced a $10 million commitment to Roll Tack Ventures, an Indiana-based venture capital firm committed to investing in growing technology companies with established customer traction across industrial and mid-market sectors. Gov. Braun emphasized that not only will this investment bolster Indiana’s technology industry, but it will connect those tech innovators to other businesses across the state. “This commitment supports the scaling of high-growth, high-wage technology companies that will collaborate with a wide array of industries in Indiana,” said Gov. Braun. “By supporting Indiana-based funds like Roll Tack, we are strengthening our innovation ecosystem and connecting new knowledge, expertise and technology with Hoosier businesses.” The $10 million commitment will be made by the State of Indiana through the 21st Century Research & Technology Fund and will directly support investment in B2B technology companies that address critical operational challenges across manufacturing, logistics, energy, healthcare, insurance, and critical infrastructure. The state’s investment, alongside participation from private capital investors, supports Roll Tack Ventures’ $50M fund, Roll Tack 26. Through this investment, Roll Tack Ventures will help reinforce Indiana’s role as a center for industrial innovation by supporting technology companies that address critical operational challenges with national and global relevance. “Deploying capital through the 21st Century Research & Technology Fund allows Indiana to align public capital with private market discipline,” said Indiana Secretary of Commerce David J. Adams. “This commitment strengthens the state’s long-term innovation strategy while maintaining a focus on responsible stewardship and measurable outcomes.” “Some of the world’s most important companies have deep roots in Indiana and the broader Midwest,” said Sarah Lerner-Mantel, managing partner of Roll Tack Ventures. “Access to Series A and B capital is critical for scaling technology companies that solve real operational challenges. We back companies that have already earned passionate customer traction and leverage our deep connection to the Midwest to scale them quickly and effectively.” Roll Tack and its leadership team have a strong history of investing in Indiana companies and businesses that strengthen the local economy. Prior to founding the firm, Roll Tack leadership collectively built and sold five startups, led early-stage investing at Purdue University, and oversaw operational innovations at Wayfair. Since its founding, Roll Tack has activated a growing global network of operators, investors, and corporate leaders, connecting more than $50 billion of capital to opportunities across Indiana and the broader Midwest. The firm partners closely with universities and innovation ecosystems throughout the region and has directly supported entrepreneurial education for 17 Indiana universities in the past year. |