Innovatemap Ventures

Innovatemap Ventures is the venture capital arm of Innovatemap, a digital product agency founded in 2014 by Mike Reynolds in Indianapolis, Indiana. The firm operates a dual model that combines early-stage investment with hands-on product design, marketing, and strategy expertise, offering founders both capital and direct product-building support. Since its founding, Innovatemap has helped more than 250 startups and scaleups grow their digital products and has facilitated over $1 billion in total funding secured for its clients. Innovatemap Ventures invests at pre-seed and seed stages in software and technology-enabled companies, with checks typically in the $100,000 to $500,000 range. The portfolio spans approximately 9 companies including BirdDog, YoJo, Movable Ink, and Parkday, which raised $620,000 in July 2021. Costello and Canvas both achieved exits. Executive Partner Christian Beck, named to the Indianapolis Business Journal's 40 Under 40 in 2021, focuses on growth strategy and design. The firm also operates as a corporate partner to Ivy Ventures, a $20 million operator-based fund co-founded by Mike Reynolds alongside Scott Kraege and John Wortman, which provides founders with access to both capital and a network of seasoned operators. Valeo Financial Advisors is the other corporate partner in that structure. Innovatemap Ventures is embedded in the Indianapolis and broader Midwest technology ecosystem, contributing to the Venture Club of Indiana community. The firm's distinctive model reflects a thesis that the most effective form of venture support combines capital with direct product expertise, reducing the common gap between founder vision and market-ready execution. The fund has made at least four investments in diverse founding teams.