Kerauno, an Indianapolis-based communications workflow software company, plans to spend $5.2 million to open a new downtown headquarters where it will hire 112 workers over the next four years, the fledgling firm announced Thursday.
The company said it plans to move from its 13,000-square-foot office at 151 Delaware St. into a space of at least 33,000 square feet in the next six months.
The company has already hired about 22 full-time workers toward its goal of 112, bringing current employment to 50. The firm plans to have 140 local employees by the end of 2022
“Our growth has been tremendous over the past year—we’ve nearly quadrupled our staff in less than 12 months,” Kerauno CEO Josh Ross said in written remarks. “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.”
Ross and his brother Jason founded the company.
Kerauno said it is in the process of hiring a vice president of marketing, chief financial officer, general counsel, product marketing manager, senior program manager, senior software engineers, an education and training manager, and customer service personnel. The positions are expected to offer salaries above Marion County’s average annual wage of $63,336, the company said.
The Indiana Economic Development Corp. offered Kerauno up to $2.2 million in conditional tax credits based on the job-creation plans. The incentives hinge on the company’s ability to meet hiring goals.
Kerauno was created as a software platform more than five years ago by telecommunications service provider Axia Technology Partners LLC and became a standalone business in August 2017. The platform helps companies manage and streamline communication through email, text, voice mail, social media and private chats.
Its clients include Andretti Autosport, Ace Rent a Car, Jackson Hewitt, Meineke, Australian Gold and Citizens Bank.