IBJNews

Seven Indiana companies make latest Inc. 500 list

Back to TopCommentsE-mailPrintBookmark and Share

Seven Indiana companies, including six from the Indianapolis area, cracked the latest Inc. 500, an annual ranking of the nation’s fastest-growing private companies.

Indianapolis-based Slingshot SEO ranked 58th, tops among the seven Indiana firms on the list announced Tuesday morning by Inc. magazine.  

Founded in 2006, the search engine optimization firm made the list for the first time based on its three-year revenue growth rate of 3,596 percent.

Kevin Bailey, Aaron Aders and Jeremy Dearringer co-founded the company, which has grown to nearly 100 employees and more than 150 clients nationwide.

Earlier this month, Slingshot SEO announced that Jay Love, one of central Indiana’s most successful information technology entrepreneurs, is returning to Indianapolis to lead the company.

Love co-founded software firm eTapestry in Indianapolis in 1997 and sold the company in August 2007 to Charleston, S.C.-based Blackbaund Inc. for $24.8 million.

The only other Indiana company listed among the top 100 is KPaul Properties of Indianapolis, which ranked 91st. KPaul was founded by Kevin Paul and is a holding company for four divisions that provide hardware and software, and industrial, office and medical supplies. Government contracts account for most of its revenue.

Fishers-based Stonegate Mortgage Corp. ranked 140th. The company in June announced that it is moving its operations to Indianapolis after a deal to expand in Fishers fell through. Stonegate also plans to add 300 jobs by 2015.

Carmel-based ChaCha Search followed at No. 219. The company, which bills itself as “the No. 1 free real-time answers service,” allows wireless phone users to call in or text their questions to the company’s human guides. ChaCha makes money by embedding advertisements in the answers.

ChaCha has raised about $75 million in investments since its inception in 2005 and announced early this year that it had closed a $3 million round of financing.

Other Indiana companies making the Inc. 500 list: Livin’ Lite Recreational Vehicles of Wakarusa (278), iGo-Digital LLC of Indianapolis (355), and Exacq Technologies Inc. of Fishers (401).
     

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

ADVERTISEMENT