22 Indiana tech companies make Inc. 5000 ‘Fastest Growing’ list

Inc. magazine ranks “America’s Fastest-Growing Private Companies” every year and this year 22 Indiana tech firms made the Inc. 5000 list. DoubleMap, a three-time TechPoint Mira Award winner, broke into the Inc. 500 and will be featured in the September issue of the magazine.

Now in its 35th year, the annual Inc. 500|5000 list looks at one of the most important new job creating segments of the economy — America’s independent entrepreneurs. TechPoint focuses on this segment as well through the Tailwind Program, which helps entrepreneurs access critical resources to accelerate their scale-up companies and become tomorrow’s successes.

Twelve of the Indiana tech companies on the Inc. 500|5000 list are also TechPoint Mira Award nominees and winners. It’s never too early to start thinking about entering next year’s Mira Awards and to start collecting data and stories that will make up the content of your application.

Additionally, it’s worth noting that 31 percent of the 72 Indiana companies that made this year’s list are tech companies.

* Denotes past and present TechPoint Mira Award nominees and winners.

Information as presented by Inc. magazine.

Quotes from Indiana leaders about making the Inc. 5000

Steve Ehrlich, president of PolicyStat, which climbed seven spots to 1163, said “We are excited and grateful to be on the list again this year as it serves as outside validation that we are doing something right.”

“CloudOne is honored to be included on the Inc. 5000 list and extremely proud to have received such a prominent national distinction three years running. Consistent and sustainable growth as well as strong year-over-year performance help set us apart and serve as a testament to our team’s hard work and dedication to building ideal Internet of Things solutions,” said John Annakin, chief revenue officer of CloudOne.

“We are proud of our continued year-over-year growth and I especially want to thank our team, clients, and industry partners who’ve all helped make RICS a thriving organization,” Jason Becker, CEO, RICS Software said.

Allegient President and CEO Gregg Gallant said, “This is a prestigious list and the Allegient team owes the nod to our clients who have not only partnered with us on consulting projects, but believed in our team year over year as we’ve grown our footprint in the Midwest and nationally. With 90% of our revenue generated by repeat clients, we believe long-term partnerships with our clients is a critical element in our ongoing growth.”

This year’s highest climbers on the list

• Sondhi Solutions climbed to 853 from 2190
• PolicyStat climbed to 1163 from 1170
• Hanapin Marketing climbed to 1767 from 1988
• Bottom-Line Performance climbed to 3435 from 4049
• Equian climbed to 3907 from 4387

The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

TechPoint also offers a hat tip to six other tech enabled companies and friends of the tech community for making this year’s Inc. 5000 list!

Information as presented by Inc. magazine.

More about Inc. and the Inc. 500|5000 from the original Inc. press release

Methodology

The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today.  For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.