Kerauno to Make Indy Global HQ, Add Jobs

Posted: Updated:
Kerauno launched in 2017 as a spin-off of Axia Technology Partners. Kerauno launched in 2017 as a spin-off of Axia Technology Partners.
INDIANAPOLIS -

Indianapolis-based tech company Kerauno is detailing growth plans in the city. The company, which specializes in communications workflow software, says it will invest more than $5 million to establish its official headquarters in Indy and create up to 112 jobs by 2022. The Indiana Economic Development Corp. says Kerauno plans to move into a new office location, more than doubling its space, within six months.

Kerauno says the expanded space will include state-of-the-art technology design aesthetics, new furniture, various amenities and significant technology investments. The effort aims to support the company's continued efforts to attract top talent.

"Our growth has been tremendous over the past year—we’ve nearly quadrupled our staff in less than 12 months," said Josh Ross, co-founder and chief executive officer of Kerauno, said in a news release. "Formally establishing our global headquarters in Indianapolis just makes sense considering the incredible pool of local talent and the positive business environment supported by both local and state government."

Kerauno has already hired 22 additional full-time employees and expects to create a total of 112 jobs over the next several years. Some of the positions the company is looking to fill include vice president of marketing, chief financial officer, general counsel, senior software engineers, and customer care professionals. The new jobs are expected to offer salaries above the state and county average wages. 

The IEDC has offered Kerauno up to $2.2 million in conditional tax credits, which the company will not be eligible to claim until Hoosier workers are hired. The city of Indianapolis is also supporting the project. 

Kerauno launched in late 2017 as a spin-off of Indianapolis-based Axia Technology Partners.

Editor's Note: A previous version of this story said Kerauno was adding 140 new jobs.

  • Perspectives

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    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

    • 1SI executives Matt Hall and Wendy Dant Chesser talked about the project on Inside INdiana Business.

      Momentum Building at 'Hot Spot' River Ridge

      As economic development officials in southeast Indiana welcomed news last week of Louisville-based PharmaCord's plans to invest $52 million and add up to 850 jobs at the River Ridge Commerce Center, they were quick to add there is more development on the horizon. River Ridge is a sprawling, 6,000 acre park located between Jeffersonville and Charlestown that was once home to the massive Indiana Army Ammunition plant and thousands of jobs. Today more than 50 companies call River...

    • (photo courtesy of Governor Eric Holcomb's office)

      Governor Meets with Ag Leaders on Delayed Planting

      Governor Eric Holcomb recently met with leaders from the state's agriculture sector regarding the impact of unusual weather conditions on farms and other ag businesses. The USDA says 84 percent of Indiana's corn crop and 64 percent of soybeans have been planted. Typically, both crops are at 100 percent planted by this time of the year.

    • (photo courtesy of Taylor University)

      Taylor University President to Resign

      The president of Taylor University is stepping down. The university's board of trustees says Paul Lowell Haines has resigned from the position and will leave the Upland campus August 15. A specific reason for Haines' resignation was not given, however the Board Chair Paige Cunningham noted the move was "neither solicited nor encouraged" by the board. Haines graduated from Taylor in 1975. He later held various positions at the university including vice president for...

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    • Colts Name Overton As Producer

      The Indianapolis Colts have named Larra Overton as the team's new producer and on-air talent. Overton currently is a sports reporter and anchor for Fox59 WXIN/CBS4 WTTV. She will serve as producer for Colts Productions and will serve as the television sideline reporter for preseason broadcasts and radio sideline reporter for regular season games. Overton holds two degrees from Indiana University.