Sigstr to Invest $1.4M and Create Over 110 jobs in Indianapolis Within Next 5 Years
Indianapolis, IN (PRWEB) June 23, 2016 -- Sigstr, an email signature marketing platform, announced today its aggressive growth plans and $1M in EDGE tax credits from the Indiana Economic Development Corporation (IEDC). Sigstr, which grew from 1 to 20 employees in the last 12 months, plans to hire over 100 knowledge workers over the next five years. The company plans on aggressively expanding operations to support the growing team and market opportunity. Sigstr, launched out of Indianapolis-based venture studio High Alpha, is located on Monument Circle in downtown Indianapolis.
“The Sigstr team is incredibly grateful to the Indiana Economic Development Corporation (IEDC) for supporting our growth in such a significant way,” said Dan Hanrahan, Founder and CEO of Sigstr. “Employee email represents a tremendous, and largely untapped, opportunity for marketers, and we are just getting started unlocking that potential. We can’t imagine being better positioned for the future, and the decision to scale our business in Indianapolis is a huge part of our competitive advantage.”
The Indiana Economic Development Corporation offered Sigstr up to $1M in conditional tax credits based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.
Sigstr has continued to experience tremendous growth over the past year. The company now serves over 175 customers and has built a team of 20+ professionals, dedicated to helping marketers leverage the power of employee email. In accordance with its projected growth, Sigstr is continuing to aggressively hire top-level talent to support all functions of the business. For more information on open positions, visit: http://www.sigstr.com/company.
About Sigstr:
Sigstr powers smart marketing through email signatures. Its SaaS product drives brand compliance and unlocks the marketing potential of employee email signatures. Sigstr customers include: Return Path, Teradata, Angie’s List, and Delta Faucet. With Sigstr, every employee email includes a consistently branded email signature, and marketers can easily update signature campaigns to drive awareness and engagement for key events, case studies, product updates, news, and job opportunities. Sigstr is a High Alpha portfolio company. For more information: http://www.sigstr.com.
Brad Beutler, Sigstr, http://www.sigstr.com, +1 (765) 418-6289, [email protected]
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