Best Industrial Goods and Manufacturing Companies in Indiana, United States
The 235 best Industrial Goods and Manufacturing companies in Indiana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: NESCO.
Our analysis of 81 Industrial Goods and Manufacturing companies
$7.0b in tracked funding; 85% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Industrial Goods and Manufacturing companies in Indiana
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NESCO Provider of equipment rental services | $140M | 65 mo ago | Public | Lee Jacobson CEO | 1988 | — | — | — |
| 2 | IBC Manufacturer of precision components 45Product top 14%Funding top 19%News top 43%Tech top 50% All 9 signals ▾Producttop 14% Fundingtop 19% Newstop 43% Techtop 50% Globalbottom 48% Growthbottom 47% Marketbottom 41% Innovationbottom 38% Patentsbottom 37% Product: 10 distinct product lines · Company stage: Public Funding: Raised $24.5M across 20 rounds · 20 rounds over 18 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $25M | 3 mo ago | Public | — | 2002 | WordPressApple iCloud MailMySQL+22 | 3 patents Flexible conduit electrical connectors and continuous metal strip casting equipment. | — |
| 3 | Sonicu Provider of wireless temperature sensors with an integrated cloud based platform | $6M | 66 mo ago | Series A | Nick Tuttle CEO | 2008 | HubSpot CMS HubApple iCloud MailGoogle Workspace+23 | 6 patents Industrial liquid level sensing and remote refill management for nested tank containers | 2 launchs |
| 4 | Dattus Asset monitoring and failure prediction solutions | $3M | 113 mo ago | Acqui-Hired | — | 2013 | — | — | — |
| 5 | NRP Jones Manufacturer of hydraulic hose & fittings for industries | $3M | 100 mo ago | Early Stage | — | 1945 | WordPressMySQLPHP+18 | — | — |
| 6 | Advanced Science And Automation Corporation Advanced physics-based simulation and visualization software | $2M | 207 mo ago | Funding Raised | Tamer Wasfy Founder & Chairman | 1998 | — | — | — |
| 7 | SenTech Manufacturer of infrared refrigerant leak detection monitors | $800K | 261 mo ago | Funding Raised | Jerry Spore President/CEO | 1987 | — | 2 patents Advanced carbon‑fiber surface functionalization and polymer oxidation‑stabilization technologies. | — |
| 8 | SYSCON International Provider of manufacturing execution system | $600K | 81 mo ago | Early Stage | Townsend Tom Thomas Founder | 1969 | — | — | — |
| 9 | MAIJKER Developer of artificial intelligence services for manufacturing industries | $512K | 58 mo ago | Funding Raised | Chandra Nath CTO & Co-Founder | 2020 | — | — | — |
| 10 | Sugarcube Systems Innovating micro/nanotechnologies with AI-powered STEM education tools | $175K | 131 mo ago | Funding Raised | Sean Murdock Founder | 2013 | — | — | — |
| 11 | NASCO Manufacturer and supplier of protective outwear products | $100K | 67 mo ago | Acquired | — | 1979 | BigCommerce B2B EditionCart FunctionalityDoofinder+25 | — | — |
Top 12 Industrial Goods and Manufacturing companies in Indiana
#1
Public · Franklin, Indiana · founded 2002 · 80 employees$24.5Mraised▾
Manufacturer of precision components
- Feb 2026Post IPO$1.5M
- Dec 2022Post IPO$898.6K
- Oct 2021Post IPO$1.5M
- Jun 2021Post IPO$828.3K
#2
Public · Fort Wayne, Indiana · founded 1988 · 379 employees$140Mraised▾
Provider of equipment rental services
- Dec 2020Post IPO$140M
#3
Series A · Greenfield, Indiana · founded 2008 · 40 employees$6.5Mraised▾
Sonicu is a provider of wireless temperature sensors with an integrated cloud-based platform. Its products include temperature and humidity sensors. The collected data through the sensors can be visualized through a cloud-based software platform that uses predictive algorithms to send alarm notifications. It also provides custom solutions for tank monitoring and fleet monitoring. The products have applications in multiple industries including healthcare, pharmaceutical, life sciences, food, building automation, and animal health.
- Nov 2020Series A$6.5M
#4
Acqui-Hired · Indianapolis, Indiana · founded 2013 · 9 employees$3.2Mraised▾
Dattus, formerly known as Bearing Analytics provides asset monitoring and failure prediction solutions for rotating machinery and other industrial applications. Provides sensor technologies, and a cloud insfrastucture for sensor data management, benchmarking, and big data analytics. Developed sensor based on their patent pending Bearing sensor technology that allows multi-parameter monitoring (temperature, vibration, and lubricant quality) using a single sensing element on the bearing cage, enabling unprecedented measurement accuracy and an instantaneous response to failure causing conditions. Received a $100k grant from Founder.org, a San Francisco-based global student entrepreneur investor and company-building program.
- Jan 2017Seed$1.7M
- Jun 2016Seed$1.4M
- 2016Seed$100K
- 2015Grant (prize money)$100K
#5
Early Stage · La Porte, Indiana · founded 1945 · 37 employees$2.9Mraised▾
Manufacturer of hydraulic hose & fittings for industries
- Feb 2018Conventional Debt$23M
- Jan 2012PE$2.9M
- Jan 2012Venture Debt$12.1M
#6
Funding Raised · Indianapolis, Indiana · founded 1998 · 3 employees$1.7Mraised▾
Advanced Science and Automation Corp provide advanced physics-based simulation and visualization software. Its software system includes- Integrated virtual environment for synthesis and simulation and a dynamic interaction simulator for time-dependent finite element modeling of structures, multibody systems, and fluid flow. The company was founded in 1998 and is based in Indianapolis, USA. .
- Mar 2009Grant (prize money)$676K
- Feb 2009Grant (prize money)$676K
- Dec 2007Grant (prize money)$150K
- Jul 2007Grant (prize money)$150K
#7
Funding Raised · West Lafayette, Indiana · founded 2020 · 3 employees$511.7Kraised▾
Developer of AI-based machine and process monitoring system intended to solve real-world problems. The company works with manufacturing companies, universities, and development partners to commercialize breakthrough research in AI and Sensor technology, turning it into transformational Industrial Technologies, enabling companies by developing smart manufacturing systems and services.
- Aug 2021Grant (prize money)$255.8K
- Aug 2021Grant (prize money)$255.8K
#8
Early Stage · South Bend, Indiana · founded 1969$600Kraised▾
Manufacturer of temperature controlling products. The company's products include digital pyrometers, thermal analysis sampling cups and thermocouple tips, enabling clients to avail quality products.
#9
Funding Raised · Indianapolis, Indiana · founded 1987$800.5Kraised▾
Manufacturer of infrared refrigerant leak detection monitors. These monitors provide early warning detection of refrigerant leaks in various applications, including chillers, refrigeration systems, and critical environments. The systems offer single and multi-zone detection capabilities, with each zone configurable to monitor multiple refrigerants. The monitors are designed for ease of use and are expandable to accommodate changing needs. They are self-contained and field-programmable.
- Sep 2004Grant (prize money)$800.5K
#10
Acquired · Washington, Indiana · founded 1979 · 88 employees$100Kraised▾
Manufacturer and supplier of protective outwear products
- Oct 2020Grant (prize money)$100K
#11
Funding Raised · West Lafayette, Indiana · founded 2013$175Kraised▾
Innovating micro/nanotechnologies with AI-powered STEM education tools. The company focuses on measurement, control, and design tools for micro and nanotechnologies. It is also developing a personalized, self-paced tutoring tool using artificial intelligence. This tool assesses students' understanding of word problems and teaches the skill of translating them into mathematical expressions. The AI identifies areas of weakness and creates associated drills. The initial application is supplementary material for undergraduate thermodynamics courses, but the process applies to STEM education at all levels. This innovative approach aims to improve STEM attraction, retention, and diversity through personalized, AI-driven learning.
- Jul 2015Grant (prize money)—
- Apr 2015Grant (prize money)—
- Jan 2015Grant (prize money)$175K
#12
Funding Raised · Lafayette, Indiana · founded 1926 · 1051 employees$78.8Kraised▾
Offers quality electrical, automation, lighting and power distribution products and services
- Oct 2020Grant (prize money)$78.8K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Industrial Goods and Manufacturing coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Additive Manufacturing in Indiana is moving
A read on the academic research around Additive Manufacturing in Indiana — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 53 papers.
Led by IUPUI and IU School of Medicine, Indiana institutions research additive manufacturing processes, materials, and medical applications across 53 papers with a cautiously optimistic stance (mean 0.53).
- Indiana University – Purdue University Indianapolis45
- University of Indianapolis17
- Indiana University School of Medicine10
- Indiana University3
- Indiana University – Purdue University Columbus2
- 3D printing1→5
- 3D printing3→9
- 3d printed2→3
- 3D printing3
- Selective laser melting2
- Otorhinolaryngology2
- Medical physics2
- MEDLINE2
Common questions
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.