Another Tech Company Adding Indy Jobs

Posted: Updated:
myCOI currently has 36 full-time employees in Indiana. myCOI currently has 36 full-time employees in Indiana.

Indianapolis has landed another win in what has been a busy week for the city's burgeoning tech industry. Software company myCOI has announced plans to expand its downtown Indianapolis headquarters and create up to 185 jobs by 2021. The company, whose cloud-based platform tracks and manages certificates of insurance, won last year's Venture Club of Indiana Innovation Showcase. Its clients include Caterpillar Inc. (NYSE: CAT), Cushman and Wakefield and the Indianapolis Motor Speedway.

In an interview with Inside INdiana Business, Chief Executive Officer Kristen Nunnery said a new downtown location gives the company access to a "large, growing tech community" and talent from throughout the city. She adds central Indiana also offers "access to venture capital and great support and resources from organizations like the IEDC and Elevate Ventures."

myCOI was founded in 2009, with the aim of providing a platform to protect clients from underinsured claims, litigation and failed audits. The company currently has 36 full-time employees in Indiana. It has begun hiring for sales, software development and insurance service positions as part of its planned $765,000 investment. The Indiana Economic Development Corp. has offered myCOI nearly $1.8 million in conditional tax credits and training grants based on the job creation plans.

Wednesday's news is the latest in a string of big tech announcements in Indianapolis over the last week. Yesterday, India-based technology giant Infosys announced Indianapolis would be the location for its first U.S. tech and innovation hub. The company had previously detailed plans to invest more than $8.7 million into a central Indiana expansion and hire up to 2,000 workers by 2022. Over the weekend, Salesforce (NYSE: CRM) officially opened its regional headquarters in Indiana's tallest building, now known as Salesforce Tower, in downtown Indianapolis. The company announced it would add 500 local apprentices by 2020.

  • Perspectives

    • How Managers Can Keep Millennials Happy

      There are more than 56 million Millennials either actively participating in the workforce, or searching for a job. With a number like this, it’s no surprise that Millennials have taken the workplace by storm. But what is surprising is how different this generation is from their predecessors. They rely heavily on technology and prefer to communicate via text or email rather than a traditional phone call. Managing millennial employees can be a challenge — how can executives...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • How Managers Can Keep Millennials Happy

      There are more than 56 million Millennials either actively participating in the workforce, or searching for a job. With a number like this, it’s no surprise that Millennials have taken the workplace by storm. But what is surprising is how different this generation is from their predecessors. They rely heavily on technology and prefer to communicate via text or email rather than a traditional phone call. Managing millennial employees can be a challenge — how can executives...

    • 'Heartbreaking' End For Nashville House

      The 91-year-old Nashville House restaurant is closing. The Brown County family dining staple will serve its last meal at the end of the month. In a post on Facebook, Gina Sarah Rogers, daughter of late-owners Andy and Fran Rogers, said it is "the end of an era and very heartbreaking." The restaurant is known for its country-style fried chicken and ham meals. Business on the property dates back to the late-1860s when an inn opened. It was acquired in...

    • Christel DeHaan to Retire as Christel House CEO

      One of the biggest names in philanthropy in Indiana is announcing her retirement. Christel House International Chief Executive Officer Christel DeHaan will remain board chair, but leave as CEO of the nonprofit she founded 20 years ago. The organization has named former Indianapolis Mayor Bart Peterson to be her successor. CHI's mission is to lift children out of poverty, and it has established learning centers at home in Indianapolis and abroad in Mexico, India, South Africa and...

    • Sturges, CBRE Splitting Up

      A long-time commercial real estate firm in Fort Wayne is going independent. CBRE | Sturges, which became affiliated with the global brand more than 20 years ago, will become Sturges Property Group at the end of this month. The firm was founded in 1975 and bills itself as largest full-service commercial and industrial real estate firm in the region. The shift, Sturges says, will...