Location-based intelligence pioneer Geofeedia received the Scale-up Company of the Year ($5M-$20M) award during TechPoint’s 17th annual Mira Awards honoring the best of tech in Indiana.
Geofeedia is the market leader in location-based intelligence and analysis for corporate security, public safety, education, and computer experience teams. Using Geofeedia, organizations can discover trends and patterns and stay ahead of topics and situations with location-based proactive intelligence. Using a combination of various data sources such as social data, GIS data and business intelligence data, their platform allows decision makers to access all location-data seamlessly. This allows them to respond effectively and efficiently to their customer’s needs.
The company is on track to double their past year’s revenue in 2016 and are speeding towards the billion dollar market and that definitely caught the attention of the Mira Awards judges. Having already proven the ability to grow fast in 2015, it’s the potential for even greater growth with new customers in large, diverse vertical markets that make Geofeedia such a compelling Indy success story.
Over the last three years Geofeedia has grown from 5 to 500 customers, tripled its revenue from 2014 to 2015, and added over 50 employees, most of which were added to the Indianapolis software development team. In addition to their full-time employees they employed 10 interns and 1 Xtern in their pilot internship program with 3 of the interns returning as full time employees to this company driven by customer success and growth.
TechPoint, the growth initiative for Indiana’s tech ecosystem, honored Indiana’s best companies, entrepreneurs, educators, and other leaders for their technology excellence and innovation at The Westin in downtown Indianapolis during the 17th annual Mira Awards gala presented by Angie’s List, Interactive Intelligence, and Salesforce.
A total of 17 award winners and seven runners-up were chosen from the 98 outstanding companies, organizations, and individuals who were selected as nominees this year out of the 168 applications received highlighting achievements during the 2015 calendar year.
Forty independent, volunteer judges spent more than 700 total hours reviewing and ranking applications, interviewing nominees, and selecting this year’s winners. Judges included company founders, CEOs and presidents; CTOs, CIOs and software developers; professors and chancellors from Indiana universities; design, human resources and sales professionals, and a variety of other subject matter experts.
The Mira Awards — named after a variable star thousands of times brighter than the Earth’s sun — represent the best of tech in Indiana each year.