Tech Company Closes on Early-Stage Funding Round

Wes Winham is the co-founder and CEO of Woven. Wes Winham is the co-founder and CEO of Woven.

An Indianapolis-based software company has closed on an early-stage round of funding. Woven, whose platform helps high-growth software teams hit hiring goals, says it has raised more than $500,000 from a group of investors, including venture studio High Alpha.

The funding round also included several Indy tech veterans such as Ade Olonoh with Formstack, John Qualls from BlueLock and Christopher Clapp of Angel Learning. Woven says its goal is to reduce bias in software hiring.

"The way companies hire software engineers is fundamentally broken," Wes Winham, co-founder and chief executive officer of Woven, said in a news release. "Resumes don’t work, and current hiring practices reinforce the biases that keep software teams too homogeneous. This is a giant problem, and we’re solving it with machine learning."

Launched last year, Woven uses a credentials-blind candidate screening process to help customers find employees. The company's platform has candidates take part in a one-hour software engineering simulation, which it says allows customers "to find hidden gems they would have overlooked." Woven says one-third of the developers hired through their platform would have been screened out based on their resume alone. 

"At High Alpha, we work with many high-growth software teams and continually see the struggles that exist in effectively scaling engineering teams," said High Alpha Partner Eric Tobias. "Woven's unique approach to evidence-based hiring is a game-changer for development teams, especially as the challenge to recruit top engineering talent will only continue to increase."

Woven has already worked with several fast-growing tech companies in Indy, including Lessonly, Springbuk and PactSafe. The company says it expects to help software teams make more than 100 hires over the coming year.

  • Perspectives

    • Want to Lower Your Medicare Premiums?

      If you’re nearing retirement age, health insurance and Medicare are probably on your mind as well. Do you understand how Medicare works and how the monthly premium is determined? You need to be in the know to avoid making costly mistakes. Here are some tips for potentially lowering your Medicare premiums.



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Photo courtesy of Key Detail

      Internationally-Known Artists to Paint Greencastle Mural

      Key Detail, an internationally known mural artist, has been selected to create one of Indiana’s largest murals on four large grain silos at the corner of Veterans Memorial Highway and U.S. 231 in Greencastle. The Putnam County Mural Project received more than 70 applications from muralists worldwide for the project, which is a canvas of up to 8,000-square-feet and a primary gateway for Greencastle.  

    • Alexa Deaton and Colby Shank

      Higher Ed Commission Promotes Two

      The Indiana Commission for Higher Education has promoted Alexa Deaton to associate commissioner and Chief Financial Officer. She previously served as director of accounting. Also, Colby Shank has been promoted to associate commissioner for student financial aid, a new position for the organization. He most recently served as assistant commissioner for financial and student support services.
    • Rob Baker and Ryan Chelli

      Foundation Announces Promotions

      The Community Health Network Foundation has promoted Rob Baker to vice president of foundation operations. He most recently served as executive director of finance. Baker joined the organization in 2016 and received his bachelor of arts degree from Purdue University and law degree from Indiana University School of Law – Indianapolis. Also, Ryan Chelli has been promoted to vice president of donor relations.  

    • Photo courtesy of Purdue University

      Purdue Offers 'Stranger Things' Replica Tee

      Purdue University has partnered with trademark licensing agent CLC to produce a special-edition replica Purdue shirt that appeared on an episode of Netflix’s “Stranger Things 3.”  The university also teamed up with Venley to accurately replicate the shirt, which will be available at retailers on the West Lafayette campus and online later this month.

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital.