IN: Software Scaleup Designates Indiana as HQ, Plans to Expand Hoosier Team
8 Feb, 2019
Indiana Governor Eric J. Holcomb and Indianapolis Mayor Joe Hogsett joined executives from Kerauno, a communications workflow software company, as the company announced plans to expand its operations here, selecting Indianapolis to serve as its official headquarters as the scaleup continues to grow. With this expansion, Kerauno plans to increase its Indiana team up to 140 by 2022.
“Central Indiana’s tech community just keeps thriving with an impressive number of tech companies, like Kerauno, choosing to expand operations and continue to grow in our state,” said Gov. Holcomb. “Through our commitment to building a skilled workforce and our business-friendly environment, we continue cultivating opportunities for innovation and growth in Indiana.”
The company, which offers an innovative Communications Workflow as a Service (CWaaS) platform that powerfully connects people, processes, software and systems, will invest more than $5.2 million over the next five years to establish Indianapolis as its company headquarters. Kerauno currently occupies approximately 13,000 square feet at 151 Delaware St., and plans to move into a new space adding on an additional 20,000 square feet within six months, in order to accommodate company growth. The expansion will include state-of-the-art technology design aesthetics, all-new furniture, a variety of amenities and significant technology investments to create an environment that reflects the company’s mission statement and supports the Kerauno’s continued attraction of top talent to its firm. Kerauno plans to complete the build out at its new location by mid-2019.
“Our growth has been tremendous over the past year—we’ve nearly quadrupled our staff in less than 12 months,” said Kerauno CEO and co-founder Josh Ross, “formally establishing our global headquarters in Indianapolis just makes sense considering the incredible pool of local talent and the positive business environment supported by both local and state government.”
To support the planned growth, Kerauno expects to create 112 new, high-wage jobs over the next several years and has already hired 22 full-time associates toward that goal, bringing its current headcount to 50. Kerauno is currently hiring a vice president of marketing, chief financial officer, general counsel, product marketing manager, senior program manager, senior software engineers, customer care professionals, partner enablement managers and an education and training manager. New positions are expected to offer salaries above both the state and Marion County average wage. Interested applicants may apply online.
Kerauno, which was formed more than five years ago out of Indianapolis-based Axia Technology Partners LLC, has since become a standalone software-focused entity as of January 2018, following AxiaTP's success in the telecommunication industry. Kerauno combines essential communication channels like voice, chat, SMS, social media and email into a centralized platform, delivering convenience by enabling drag-and-drop workflow forms for the easy capture of statistical data that better informs a company's decision-making process.
“I applaud Kerauno for choosing Indianapolis as its global headquarters and providing more high-wage employment opportunities for our community,” said Indianapolis Mayor Joe Hogsett. “Indianapolis has become a hub for tech innovation in the Midwest and continues to see explosive growth. I look forward to Kerauno’s continued success.”
Kerauno's rapidly growing client base includes Andretti Autosport, ACE Rent a Car, Jackson Hewitt, Meineke, Australian Gold, Citizens Bank, DuPont Goodrich Credit Union, Texas Council on Family Violence, Deepwater Federal Credit Union, Legacy Orthopedics, Hydradyne, The Kent Companies, Superior Credit Union, Clay Community Schools and Evansville School Corporation. The company reaches clients globally, with 100,000 endpoints worldwide, including nine countries and four continents. With this expansion, the company expects to have over 2 million endpoints within five years.
In 2018, the Indiana Economic Development Corporation (IEDC) offered Kerauno up to $2.2 million in conditional tax credits. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project at the request of DevelopIndy, a business unit of the Indy Chamber.
About Kerauno: Kerauno is a global Communications Workflow as a Service (CWaaS) platform that powerfully connects people, process, software and systems. Through the infusion of key modes of communication including voice, SMS text, chat, email and social media, Kerauno amplifies existing business software to provide strategic insights and actionable analytics across all forms of communication which affect every industry and vertical. Headquartered in Indianapolis, Kerauno has created a global customer base that relies on its mobile-centric communications workflow platform to optimize business processes, enhance customer and employee engagements, and drive revenue to the bottom line. For more information, go to: www.kerauno.io.
About IEDC: The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.