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Radar · Environment in Indiana

Best Environment Companies in Indiana, United States

The 99 best Environment companies in Indiana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: OneSource Water.

99companies tracked
$91.4Mdisclosed funding
0unicorns
10have raised
FLIAR INTELLIGENCE · ENVIRONMENT × INDIANA

Our analysis of 90 Environment companies

$38.2b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

90companies analysed
89%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2015median founding year
135kcombined LinkedIn audience
64%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Environment companies in Indiana

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1OneSource Water
Manufacturer and supplier of point-of-use (POU) water dispensers
$58M126 mo agoAcquiredCasey Taylor
CEO
2005———
2Aqua Systems
Provider of water purification and treatment services
$30M252 mo agoAcquired—1984———
3ReElement Technologies
Provider of metal recovery solutions for rare earth elements and critical battery metals
45Partners top 26%Funding top 30%News top 46%Growth top 47%
All 8 signals ▾
Partnerstop 26%
Fundingtop 30%
Newstop 46%
Growthtop 47%
Techtop 49%
Talentbottom 49%
Marketbottom 36%
Globalbottom 29%
Partners: 1 partnership announcement in 12 mo (4 in 24 mo) · 4 contract events in 12 mo
Funding: Raised $3.1M across 4 rounds · 4 rounds over 2 yrs (2.0/yr)
rank vs industry peers · Fliar Intelligence Index 45/100
$3M5 mo agoSeries BMark Jensen
CEO
2016WebflowHubSpotcore-js+15—2 job openings · 1 expansion · 1 award
4Crossroads Solar
Manufacturer of high quality solar panels
$500K28 mo agoSeedPatrick Regan
Co-Founder & CEO
2019Cart FunctionalityWeeblyMySQL+22——
5Entech
Provider of tire recycling services
$100K67 mo agoFunding Raised—1995———
6Arcwood Environmental
Provider of environmental services specializing in waste management and technical solutions
—36 mo agoLate StageH Nanda
Chief Executive Officer
1970WordPressApple iCloud MailMySQL+26—2 internships · 1 expansion
7Inovateus Solar
Solar PV solution supplier and installer
—51 mo agoSeed—2007WordPressApple iCloud MailMicrosoft 365+14——
8Keter
Provider of waste & recycling management services
—55 mo agoLate Stage—2011WebflowTypekitGoogle Font API+20——

Top 12 Environment companies in Indiana

#1
Series B · Fishers, Indiana · founded 2016
$3.1Mraised
▾

ReElement Technologies is a technology company that specializes in metal recovery. They have developed a platform that can recover rare earth elements and critical battery metals from both recycled materials and mined ores. Their innovative process is cost-effective and has the potential to impact various industries.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Partners
top 26%
Funding
top 30%
News
top 46%
Growth
top 47%
Tech
top 49%
Talent
bottom 49%
Partners: 1 partnership announcement in 12 mo (4 in 24 mo) · 4 contract events in 12 mo · Named contractor/client in 4 deals
Funding: Raised $3.1M across 4 rounds · 4 rounds over 2 yrs (2.0/yr) · Last round Series B (Jan 2026)
News: 17 BI events in 12 mo (of 45 tracked, 5 types) · -29% YoY · 11 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 6k LinkedIn followers — 4.5% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Human Resources (HR) Manager
Activity (LinkedIn): 1 awards · 1 expansions announced in 12 mo
Funding rounds
  • Jan 2026Series B$200M
  • Nov 2025Conventional Debt$80M
  • Sep 2025Grant (prize money)$2M
  • Aug 2024Series A$3.1M
Founders & team
Mark JensenCEO
Investors
Defense.gov, Department of War, Transition Equity Partners
Tech stack
CloudflareCloudflare Bot ManagementCore-JsFacebook PixelGoogle AnalyticsGoogle Font Api
#2
Acquired · Indianapolis, Indiana · founded 2005 · 51 employees
$57.6Mraised
▾

Manufacturer and supplier of point-of-use (POU) water dispensers

Funding rounds
  • Dec 2015Conventional Debt$60M
  • Jul 2014Series C$10M
  • Apr 2014Series C$5.1M
  • May 2013Series C$31.5M
Founders & team
Stephanie SmithCo-OwnerCasey TaylorCEO
Investors
Balance Point Capital, Oak Stream Partners, Contango Oil & Gas
#3
Acquired · Avon, Indiana · founded 1984 · 16 employees
$30Mraised
▾

Provider of water purification and treatment services

Funding rounds
  • Jun 2005Series D$3M
  • Feb 2005Series D$2M
  • Aug 2004Series D$2M
  • Jan 2003Series D$23M
Investors
CHL Medical Partners, Morgenthaler, De Novo Ventures, ABS Ventures, Palo Alto Investors, The Entrepreneurs' Fund
Tech stack
WordpressMysqlPhpGoogle MapsContact Form 7Yoast Seo Premium
#4
Seed · South Bend, Indiana · founded 2019
$499.5Kraised
▾

Crossroads Solar is a company that manufactures high quality solar panels in South Bend, Indiana. They have a unique workforce entirely made up of second-chance citizens, providing jobs and life skills for recently released felons. The company's core mission is to change lives and the planet one panel at a time.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Feb 2024Seed$499.5K
Founders & team
Patrick ReganCo-Founder & CEOMarty WhalenCo-Founder
#5
Funding Raised · Elkhart, Indiana · founded 1995 · 150 employees
$100Kraised
▾

Manufacturer of micronized and crumb rubber powder intended to be built for multi-industry applications. The company is an innovative rubber recycler specializing in the production of rubber material as well as thermoplastic elastomer compounding, enabling clients with environmentally-safe and durable alternatives to existing conventional options.

Funding rounds
  • Oct 2020Grant (prize money)$100K
Investors
Conexus Indiana, IN.gov
Tech stack
WordpressMysqlPhpGoogle MapsChart.JsBootstrap
#6
Late Stage · Indianapolis, Indiana · founded 1970
—raised
▾

Provider of environmental services specializing in waste management and technical solutions. They offer waste transportation, treatment, disposal, and recycling. The company delivers technical solutions, including chemical identification, lab packing, and waste shipment preparation. Onsite services, emergency response, and environmental compliance training are also provided to customers.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 20k LinkedIn followers — 14.5% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Founders & team
H NandaChief Executive Officer
Investors
EQT
#7
Seed · South Bend, Indiana · founded 2007 · 48 employees
—raised
▾

Inovateus Solar is a solar developer that provides designing, engineering, procurement and construction services in the United States’ Midwest. The company claims that they have developed and built more than 250 MW of utility, rural electric cooperative, commercial, industrial, governmental, educational and microgrid solar power systems in the U.S., the Caribbean and Latin America.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.5% of this cohort's audience
Funding rounds
  • Feb 2022Seed—
Investors
Galway Sustainable Capital, Middleburg Capital Development
Tech stack
Apple Icloud MailEndurance Page CacheGoogle Font ApiGsapJqueryJquery Migrate
#8
Late Stage · Indianapolis, Indiana · founded 2011 · 111 employees
—raised
▾

Provider of waste & recycling management services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 3.8% of this cohort's audience
Funding rounds
  • Nov 2021PE—
Investors
TPG
Tech stack
WebflowUnpkgLinkedin Insight TagLinkedin AdsJqueryGoogle Tag Manager
#9
Funding Raised · Granger, Indiana · founded 2003 · 5 employees
—raised
▾

Provider of waste water treatment services

Funding rounds
  • Feb 2020Grant (prize money)—
Founders & team
James LarkinCo-Founder & CEOFu-Chih HsuCo-Founder & President
Investors
U.S. Environmental Protection Agency
Tech stack
WixReactGoogle CloudSectigoHstsGoogle Cloud Cdn
#10
Seed · Mooresville, Indiana · founded 2010 · 138 employees
—raised
▾

Vertically integrated solar developer providing affordable, low-risk power solutions. They control all stages of solar projects in-house, from land acquisition and permitting to design, engineering, construction, operations, and maintenance. This integrated model ensures pricing and term flexibility for corporate, institutional, and utility partners. They are committed to sustainable development and creating employment opportunities, positively impacting communities. They are experts in utility-scale corporate and institutional development projects, structuring power purchase agreements for large-scale solar facilities. They are a premier player in solar energy development, offering innovative and ambitious projects. They focus on renewable energy, solar power, and utility solutions, contributing to a greener future.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.3% of this cohort's audience
Hiring: 8 hiring posts in 12 mo (public) · momentum +8 · hiring: Procurement Manager, Accounts Payable
Funding rounds
  • Feb 2016Angel—
Tech stack
Apple Icloud MailBootstrapGoogle CloudGoogle Cloud CdnGsapHsts
#11
Acquired · Terre Haute, Indiana · founded 1974 · 250 employees
—raised
▾

Provider of plastics waste recycling services

Funding rounds
  • Mar 2014PE—
Investors
Stonehenge Partners
Tech stack
AmpCloudflareOpen GraphHttp/3
#12
Funding Raised · Indianapolis, Indiana · founded 1926 · 1192 employees
—raised
▾

Manufacturer of solar powered products

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 7.4% of this cohort's audience · 65 engagements/post (8.2× cohort median)
Activity: 1 awards announced in 12 mo
Investors
OSTI
Tech stack
Acquia Cloud PlatformAdobe Audience ManagerAmazon Web ServicesAzureBasis TechnologiesBootstrap

Funding & investor landscape

$91.4Mtotal disclosed funding
5companies funded
16disclosed rounds
0rounds last 90 days
Most active investors
ABS Ventures1 rounds
Balance Point Capital1 rounds
CHL Medical Partners1 rounds
Cardinal Equity Partners1 rounds
Conexus Indiana1 rounds
Contango Oil & Gas1 rounds
De Novo Ventures1 rounds
Defense.gov1 rounds
Department of War1 rounds
EQT1 rounds

Notable founders

Mark Jensen
CEO · ReElement Technologies
Stephanie Smith
Co-Owner · OneSource Water
Casey Taylor
CEO · OneSource Water
Patrick Regan
Co-Founder & CEO · Crossroads Solar
Marty Whalen
Co-Founder · Crossroads Solar
H Nanda
Chief Executive Officer · Arcwood Environmental
James Larkin
Co-Founder & CEO · Scientific Methods
Fu-Chih Hsu
Co-Founder & President · Scientific Methods
Prism market signals · United States · country-scoped Prism corpus, 6,440,608 docs

Market landscape — 10 sub-themes by coverage

Share of Environment coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Indiana · institutions

What Indiana researches in environmental monitoring

Indiana University Bloomington and IUPUI lead cautiously optimistic environmental-monitoring research (mean stance 0.19), focusing on sensor networks, aquatic ecosystems, and agricultural remote sensing.

17 papersstance +0.190% breakthrough43% concern
breakthrough · advancement · concern
local research themes
Target Tracking and Data Fusion in Sensor NetworksAquatic Ecosystems and Phytoplankton DynamicsRemote Sensing in AgricultureMarine and coastal ecosystemsWater Quality Monitoring TechnologiesPlant Pathogens and Fungal Diseases
top institutions
  • Indiana University Bloomington6
  • Indiana University – Purdue University Indianapolis6
  • University of Indianapolis3
  • Indiana State University2
  • Marian University - Indiana1

Common questions

How many Environment companies are there in Indiana, United States?
Radar tracks 99 indexable Environment companies headquartered in Indiana, United States that meet our profile-completeness bar.
What is the total funding raised by Environment companies in Indiana, United States?
The Environment companies in Indiana, United States on this list have raised a combined $91.4M in disclosed equity funding across 5 funded companies.
Which is the highest-funded Environment company in Indiana, United States?
OneSource Water is the highest-funded Environment company in Indiana, United States, with $57.6M in disclosed equity funding.
How many Environment companies in Indiana, United States are funded?
5 of the 99 Environment companies in Indiana, United States on this list have disclosed at least one equity funding round.
How many Environment unicorns are there in Indiana, United States?
None of the Environment companies in Indiana, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indiana, United States Environment companies?
The most active investors in Indiana, United States Environment companies on this list include ABS Ventures, Balance Point Capital, CHL Medical Partners, Cardinal Equity Partners, Conexus Indiana.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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