Tech Company Off to Speedy Start

Posted: Updated:
INDIANAPOLIS -

Indianapolis-based tech startup Torchlite is touting its rapid growth. The company, which was founded by former Apple Inc. (Nasdaq: AAPL), Adobe Systems Inc. (Nasdaq: ADBE) and Salesforce Marketing Cloud executive Susan Marshall, is reporting more than $1 million in recurring annual revenue after just over a month.

Torchlite connects businesses with marketing specialists through an online marketplace and has grown from a handful of workers to 15 and more than 200 freelance marketers have become "Torchliters" since launch. It has experts located in more than 30 cities throughout the U.S.

During an interview last month on Inside INdiana Business Television, Marshall said the marketplace includes professionals with writing, design, search engine optimization, blogging and development skills that can connect to a wide range of industry needs. She said Torchlite can be an alternative to in-house or outside marketing agencies.

Marshall says "the rapid speed at which we're growing has really exceeded our expectations. These early successes are proof that Torchlite is filling a gap in a marketplace that’s in dire need of updating. Our clients are experiencing just how powerful digital marketing can be to their businesses when done with the right mix of experts and technology."

The company is moving into a new space in downtown Indianapolis and is continuing to recruit marketing experts.

  • Perspectives

    • An Antidote For First-Time Homebuyer Jitters

      If you're a Millennial like I am, chances are you're in the market to purchase your first home. It's exciting!  But since it's most likely the largest purchase you've ever made, it can quickly turn into a nerve-racking endeavor. Having just completed a transaction, I found that following these guidelines can ensure a smooth process. Every homebuyer's experience will be different because of a number of variables such as what state you live in and the condition of the housing mark...
    More

Events



  • Most Popular Stories

    • Colts Makes Promotions, Hires

      The Indianapolis Colts have announced the following changes to its football operations staff and team. Ed Dodds has been named assistant general manager. He enters his second season with the Colts and his 16th year in the NFL. Brian Decker has been promoted to director of player development. Jon Shaw has been elevated to assistant director of pro scouting. Also, Stephanie Pemberton (pictured) has been promoted to vice president of marketing.

    • Mark Music is chairman of Ruoff Financial Corp.

      Ruoff to Acquire White County Bank

      Fort Wayne-based Ruoff Financial Corp. has announced plans to acquire SBB Bancshares Inc. in White County. Financial terms were not disclosed, however Ruoff says once the deal is complete, SBB subsidiary State Bank of Burnettsville will be renamed and operate as Ruoff Bank. The acquisition is expected to be complete in the fourth quarter. Ruoff says no job losses are expected. Ruoff Financial Corp. is the parent of Ruoff Home Mortgage, which has more than...

    • Joel Farmer

      Guidon Design Hires VP of Architecture

      Joel Farmer has joined Indianapolis-based Guidon Design as vice president of architecture. He has more than 28 years of healthcare design experience and has planned, designed, and managed numerous large and small healthcare and life science projects throughout the Midwest. In his new role, Farmer will focus on envisioning healthcare projects that integrate long-term overall wellness through functional and solution-oriented design.

    • Sazerac Acquires Former General Mills Plant

      Louisiana-based Sazerac Co. Inc. has made the first step in its recently-announced plans to locate a new alcohol bottling facility in Indiana. The company has purchased the former General Mills plant in New Albany for an undisclosed sum, a move that is part of an overall $66 million investment that is expected to create up to 110 jobs by 2021. A joint venture between New Mill Capital Holdings LLC and Tiger Group sold the facility to Sazerac. The 455,000-square-foot plant closed...

    • State FFA Convention Set to Begin

      The 89th Indiana FFA State Convention begins Monday at Purdue University in West Lafayette. The four-day event will include community service projects, awards ceremonies and the election of state officers. Thousands of students will take part in community projects during the event, including making blankets and CANstruction projects that will be donated to Hoosiers in need. Speakers will include Lieutenant Governor Suzanne Crouch and paralympian and best-selling author...