California-Based Ad-Technology Company, Underground Elephant, Recognized for Continued Rapid Growth

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Underground Elephant, the emerging leader in real-time advertising technology, ranks 38th among San Diego’s 100 Fastest-Growing Private Companies. With revenue reaching $55 million in 2014, the self-funded company is projecting double-digit growth in 2015.

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We will continue to grow our self-funded company with innovative technology and strong Fortune-100 partnerships, capturing market share from publicly-traded competitors and pushing San Diego to the forefront of the Ad Tech industry.

The San Diego Business Journal's Fastest 100 List, now in its 12th year, honors privately-held companies that demonstrate significant 3-year revenue growth. From 2012-2014, Underground Elephant grew its revenue by 128%, while nearly doubling its workforce over the same period.

This marks the sixth consecutive year that Underground Elephant has been recognized by the San Diego Business Journal for its rapid revenue growth, high-tech job creation, and renowned corporate culture.

Commenting on the achievement, Jason Kulpa, Founder and CEO of Underground Elephant, said, “We are honored that the San Diego Business Journal recognized us. For seven years we’ve focused on developing technology that radically disrupts the real-time programmatic advertising landscape. As a result, we are among the best in the business, constantly improving the performance and efficiency of large enterprises across their customer life cycles.”

Kulpa, a two-time winner of San Diego’s prestigious CEO-of-the-Year Award, has successfully led Underground Elephant to national and statewide accolades as well. In 2014, Inc. 5000 ranked Underground Elephant #1162 on its exclusive list of the nation’s fastest-growing private companies, positioning Underground Elephant among the top-30 advertising and marketing companies in California.

Central to Underground Elephant’s success is its Internet technology and software development division, ue.co, which powers the company’s customer acquisition products, as well as its two other insurance-focused brands, Allstate Lead Marketplace and ZipQuote.

Underground Elephant’s technology-driven, growth-focused strategy is also supporting local high-tech job creation. With 100 full-time employees at its headquarters in Downtown San Diego, the company has nearly doubled its workforce in just two years, 80% of which are Millennials.

Because of its dynamic team and community-first principles, Underground Elephant is consistently recognized for its renowned corporate culture. It is continually highlighted as one of the 100 Best Places to Work by the San Diego Business Journal, including this year. At the national level, the company won a Stevie Award from the American Business Association in 2014 for its corporate social responsibility program, “Serving Those Who Serve Our Community”.

Later this year, Underground Elephant will relocate to an historic office space in Downtown San Diego’s East Village. The company's award-winning new office at 808 J St is poised to be one of the region's most creative office designs.

When asked about what to expect from Underground Elephant this time next year, Kulpa responded, “We will continue to grow our self-funded company with innovative technology and strong Fortune-100 partnerships, capturing market share from publicly-traded competitors and pushing San Diego to the forefront of the Ad Tech industry.”

About Underground Elephant

Headquartered in Downtown San Diego, Underground Elephant is an award-winning technology company that develops programmatic advertising platforms in order to bring transparency and efficiency to the buying and selling of structured lead generation media. The company's robust portfolio of enterprise-grade tech solutions enhances the connection between enterprises and their prospective clients by delivering a highly efficient route to organic sales conversations.

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Jarrod Russell
@uelephant
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