As Levementum Grows, New CEO Details Broadening Role

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INDIANAPOLIS -

The new head of an Arizona-based technology company says its rapidly-growing presence in Indianapolis will continue. Levementum Chief Executive Officer Michael Burton says the headcount in Indy currently sits at nearly 60 and could exceed 80 by the end of the year. Burton's personal responsibility level has also jumped, he says, transitioning to working at a flower shop two years ago to running a tech firm that now has offices in five states. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, Burton described his changing role and the company's growth.

"Where are we trying to take Lev over the next couple of years? And I think that's where my role probably changed the most is trying to figure out what are the next two-to-three steps versus just focusing on what are the next few customers we're trying to sign," he said. "It's so cool to see us kind of go from that small, little, kind of almost like a startup to where we are right now."

The company's goal is to add 175 jobs in the state by 2021 and it will soon transition to a new space from its current office in the Union 525 on the south side of Indianapolis. Last month, it announced a $4 million round of funding and a shift to focus more on consulting following the sale of its SugarCRM practice. The company's offices are in Indiana, Arizona, California, Texas and Michigan.

  • Perspectives

    • ?Kerr has also previously held executive roles with Groupon, Angie’s List and GHX.

      Why Tech in The Midwest Attracts Capital

      Indianapolis is no longer simply a racing and manufacturing hub. The tech scene in Indy, and across the Midwest, has exploded over the past decade, with no sign of stopping. Last year alone, Indiana's tech industry contributed $14.1 billion to the economy. What's driving the growth and making Indianapolis stand out among coastal cities for venture capital investment, talent and more?

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