Indiana’s technology industry has grown a lot in recent years, playing a part in the state’s economy and creating job opportunities for its residents. With a focus on innovation and entrepreneurship, Indiana has become home to many successful tech companies, ranging from new, smaller companies to larger, experienced companies. In this article, we will explore some of the largest and most notable tech companies in Indiana, as well as those that were founded in the state. We will also explain the importance of technology companies in Indiana’s economy, including their impact on job creation, economic growth, and innovation.
Tech Companies Founded in Indiana
Indiana has been home to a number of successful tech companies over the years. Here are five notable companies that were founded in Indiana, along with their creation year:
Based in Indianapolis, ExactTarget was a cloud-based digital marketing software company. In 2013, the company was bought by Salesforce, a global customer relationship management (CRM) software company.
ExactTarget is a cloud-based marketing software company that provides email marketing, social media marketing, and mobile marketing solutions to businesses of all sizes. The company was founded in 2000 and is headquartered in Indianapolis, Indiana. ExactTarget’s products and services include email marketing automation, social media marketing automation, mobile marketing automation, and web personalization. The company has also been recognized as a leader in the marketing automation space by Gartner, Forrester Research, and other industry analysts. In 2013, ExactTarget was acquired by Salesforce.com for $2.5 billion, thus becoming part of the Salesforce Marketing Cloud. Today, the company continues to help its customers drive better marketing outcomes through its innovative solutions and dedicated support.
Software Engineering Professionals (SEP) (1988)
Software Engineering Professionals (SEP) is a software engineering and technology company that specializes in providing custom software development and technology consulting services. The company was founded in 1988 and is based in Carmel, Indiana, and has since grown to other locations, including Chicago, Louisville, and Cincinnati. SEP works with clients across various industries, such as healthcare, finance, and defense, to develop and implement software solutions that help them achieve their business goals.
The company’s services include software engineering, agile coaching, technology consulting, and user experience design. SEP was recognized as one of the best places to work in Indiana. It has also won numerous awards for its innovative and collaborative work environment. The company has also been named one of the fastest-growing private companies in the US by Inc. 5000. Finally, SEP is committed to helping its clients solve complex technical challenges and achieve their goals through innovative solutions and exceptional service.
The Biggest Tech Companies in Indiana
Indiana’s technology industry is home to many large and successful companies. To determine the largest tech companies in Indiana, we will use revenue as our metric. Here are five of the biggest tech companies in Indiana:
Jobvite – $56 million USD
Jobvite is a cloud-based talent acquisition software company. They provide solutions to help organizations find, attract, engage, and hire top talent. Their tool includes options such as applicant tracking, candidate relationship management, employee referrals, and onboarding tools to help organizations streamline their recruitment processes and build a strong talent pipeline. Jobvite’s software design is user-friendly and customizable to meet the unique needs of each organization. They achieved $56 million USD in revenue in 2022.
The site helps organizations of all sizes and industries, and the company offers training and support to help customers make the most of their software. Headquartered in Indianapolis, Jobvite also provides industry insights and thought leadership to help organizations stay informed with the latest trends and best practices in talent acquisition.
The Largest Private Tech Companies in Indiana
Onebridge – $21.4 million USD
Onebridge is a technology consulting company that provides data-driven solutions to help organizations make better decisions and achieve their goals. They offer a range of services, including data management, analytics, application development, and IT consulting. These services aim to help organizations make the most of their processes and unlock the value of their data. Onebridge’s team of experts works closely with customers to understand their unique needs and develop custom solutions that align with their business goals. Their approach is collaborative, and they favor building long-term partnerships with their clients.
Headquartered in Zionsville, IN Onebridge aims to help organizations harness the power of their data to drive growth and achieve their goals. They are dedicated to providing innovative and effective solutions that deliver real results for their customers. In 2022 they reported $21.4 million USD in revenue.
Greenlight Guru – $21 million USD
Greenlight Guru, an Indianapolis-based tech company founded in 2013, provides cloud-based solutions for MedTech companies to bring life-changing products to people faster, and with less risk. The company provides purpose-built quality management (QMS), product development, and clinical data management solutions that together help teams accelerate timelines, streamline compliance, and also deliver high-quality products.
Moreover, Greenlight Guru has raised a total of $121.3M in funding over 2 rounds. Their latest funding raised on June 14, 2021, came from a Private Equity round. Shortly after, they bought the Electronic Data Capture (EDC) company SMART-TRIAL. In 2022 the company reported $21 million in revenue.
SharpenCX – $12.2 million USD
SharpenCX is a customer experience (CX) software company that provides an online solution for contact centers to help other companies improve their customer service operations. Their tool includes features such as call recording, quality assurance, live reporting, and workforce management tools to help organizations streamline their contact center operations and also improve the customer experience. In 2022, the company achieved $12.2 million in revenue.
SharpenCX’s tools are designed to be easy to use and customizable to meet the unique needs of each organization. Additionally, the company helps businesses of all sizes and industries, and they offer training and support to help customers make the most of their tools. Headquartered in Indianapolis, IN, SharpenCX aims to help organizations create better customer experiences by giving them the tools and support they need to optimize their contact center operations.
Zylo – $4.3 million USD
Zylo is an American software company that specializes in providing a SaaS management platform. The company was founded in 2016 and has its headquarters in Indianapolis, IN. Zylo’s platform helps organizations manage their software subscriptions, usage, and spending across their organization. The site provides a centralized dashboard for IT and finance teams to gain visibility into their company’s software usage and spending, and optimize their software portfolio accordingly.
Zylo is recognized as one of the fastest-growing tech companies in the Midwest. They have also managed to raise significant funding from backers. Zylo reported revenue of $4.3 million in 2022. Indeed, the company continues to innovate and expand its offerings to help organizations optimize their software management processes.
The Largest Publicly Traded Tech Companies in Indiana
KAR Global – $1.52 billion USD
KAR Global is a technology-driven vehicle remarketing company that offers a range of solutions to help businesses streamline their automotive remarketing processes. Their site includes tools such as vehicle inspection, valuation, auction, and logistics services to help organizations better manage their automotive inventory. KAR Global’s site is designed to be easy to use and customizable to meet the unique needs of each organization. The site helps organizations of all sizes and industries. The company also offers training and support to help customers make the most of their tool.
Headquartered in Carmel, IN, KAR Global aims to help companies increase the value of their automotive inventory. They do this by giving them the tools they need to better manage their reselling processes. In 2022, KAR Global reported $1.52 billion in revenue. Lastly, they trade publicly on the NYSE as KAR.
Forgotten Companies in Indiana
Appirio was an American cloud services company that provided technology consulting and implementation services for organizations. Firstly, it was founded in 2006 and had its headquarters in Indianapolis, IN. Appirio’s main focus was on online solutions, particularly around customer relationship management (CRM) and enterprise resource planning (ERP). The company helped organizations put in place and customize software from vendors such as Salesforce, Workday, and Google Cloud. In addition to its consulting services, the company also developed its own products. This includes a crowdsourcing platform for innovation management.
Appirio was eventually bought by Wipro, an Indian IT services company, in 2016 for $500 million. After the sale, Appirio continued to operate as a division of Wipro. Its brand subsequently became fully absorbed into the parent company in 2020.
Vibe HCM was a software company that provided online human capital management (HCM) solutions for companies. The company was founded in 1996 with headquarters in Elkhart, Indiana. Vibe HCM provided a range of HCM solutions, including HR management, payroll, time and attendance, and benefits administration. Additionally, the site also had a mobile app for employees to manage their HR-related tasks and access important company information.
However, in June 2022, the company shared that it was closing down operations. Finally, Vibe HCM’s closure marks the end of a 26-year journey in the HCM space.
Indiana’s technology industry has experienced significant growth, creating job openings and adding to the state’s economy. Indiana has become home to many successful tech companies, from new to well-known companies. Some notable tech companies founded in Indiana include ExactTarget and Software Engineering Professionals. These companies specialize in providing marketing automation software, custom software development, and technology consulting services.
Additionally, Indiana is home to some of the largest and most successful tech companies, including Jobvite, Greenlight Guru, and KAR Global. Indeed, these have had a significant impact on Indiana’s economy by creating jobs, driving innovation, and helping economic growth. Overall, Indiana’s technology industry is doing very well, and it is without a doubt poised to continue growing in the years to come.
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