24 Indiana tech firms make Inc. 5000 Fastest Growing Companies list

Each year, Inc. magazine ranks the fastest-growing private companies in America — the Inc. 5000 — and this year 24 Indiana tech companies made the list! Two tech companies from Indiana, AIT Bioscience and Mesh Systems, actually broke into the Inc. 500 and will be featured in the September issue of the magazine.

Now in its 34th year, the annual Inc. 500|5000 list represents the most comprehensive look at the most important segment of the economy — America’s independent entrepreneurs.

Click here to see the Top 10 Fastest Growing Companies in America including Ultra Mobile wireless, Tryfacta cloud and big data services, Drawbridge advertising technology, StartApp mobile advertising, Scopely gaming, and Company.com social network to name a few.

Seven of this year’s highest ranking, Top 10 Indiana tech companies on the Inc. 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 36 percent of the 67 Indiana companies that made this year’s list are tech companies.

RANK

COMPANY

GROWTH

REVENUE

179 AIT Bioscience* 2311% $5.9m
281 Mesh Systems* 1645% $7.1m
536 Rook Security* 866% $6.8m
784 CloudOne* 568% $5.3m
1151 Element Three 367% $4.1m
1170 PolicyStat* 359% $2.4m
1506 Convince & Convert 273% $2.3m
1988 Hanapin Marketing* 199% $4.2m
2190 Sondhi Solutions 179% $4m
2314 DeveloperTown* 167% $4.4m
2409 SmartIT 157% $41.2m
2970 Bill Austin & Associates 118% $2.6m
3103 RICS Software* 112% $4.9m
3293 ENS Group 102% $13m
3354 TrendyMinds 99% $5.6m
3527 TCC Software Solutions 91% $25.2m
3647 Boice.net 85% $56.1m
3754 Indigo BioAutomation* 82% $2.7m
3902 Aptera Software 76% $8m
3955 iTech Digital 75% $6.9m
4049 Bottom-Line Performance 71% $2.6m
4387 Equian 61% $64.6m
4565 Allegient 56% $27.4m
4613 Apparatus* 54% $27m

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

Quotes from Indiana leaders whose companies made this year’s Inc. 5000 list —

“CloudOne is honored to be recognized on this exclusive list for the second year in a row. It’s quite humbling to be included among such worthy companies,” said John McDonald, CEO. “It’s a true testament to the success our team has had in helping companies implement IoT solutions and we look forward to continuing to help our customers make their things for the Internet of Things.”

“We are honored to be recognized by Inc. Magazine for our growth and achievements now four years in a row. Our people at RICS, clients, and partners work so hard together. It’s fulfilling to see that effort be materialized and rewarded.” – Jason Becker, COO, RICS Software

“What an honor to be included in this prestigious list again. We’ve built an incredibly talented team. And, we have great clients that trust us – and empower us – to do awesome work,” said Element Three President Tiffany Sauder. “We have national B2C, local B2B and everything in between. But they all have one thing in common – they’re committed to growth, and they’re not afraid of taking a risk or two.”

The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. 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 atwww.inc.com/inc5000.

The annual Inc. 5000 event honoring all the companies on the list will be held from October 21 through 23, 2015 in Orlando.

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

Methodology

The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 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/5000.

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 13,000,000 today.  For more information, visit www.inc.com.

The Inc. 500|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. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.

ABOUT THE AUTHOR

Joshua Hall is editor of techpoint.org. He writes about Indiana tech companies, jobs, people & events. @joshua2349