With financial house in order, CNO branches into investments
The insurer started two new businesses that extend its reach into the investment world, paving the way for its salespeople to sell insurance, securities and advice.
Jared Council
Articles
Angie’s List swings to a profit, misses on revenue
The home-services review company earned $4.8 million in the second quarter, marking the fifth time in the last seven quarters it has turned a profit. But revenue continued to slip as the company overhauled its business model.
Carmel software firm lands $1.5M in VC from big names
Founded in early 2015, Bolstra pivoted to selling software this spring and then secured equity capital from Bill Godfrey’s 4G Ventures, among others
McCorkle to leave Salesforce
Scott McCorkle, CEO of Salesforce Marketing Cloud, said he’s had an “amazing 11 years at ExactTarget and Salesforce.”
High Alpha upstart aims to streamline legal legwork
The new legal software firm is called Doxly Inc., and it’s led by a 36-year-old DePauw grad. With a few paying customers already in hand, it’s the third company to germinate at High Alpha.
Aprimo getting new life under new ownership, old name
The private equity firm that in April bought the business unit formerly known as Aprimo has combined it with another company and is restoring its name. It'll be based in Chicago and employ 200 people in Indy.
Bluebridge raises $3 million in VC, launches subsidiary
The Fishers-based company has pulled more venture capital from existing and new investors, part of which will fuel the growth of a new employee-engagement company.
Hoosier companies land $26M in VC as activity heats up
Indiana had its most active venture investing quarter in 16 years, led by a mix of relatively new startups and young companies in expansion mode.
Angie’s List hopes new business model spurs surge in traffic
The goal is to boost user traffic—which has been growing slowly lately—in order to spur service-provider spending, which drives 80 percent of Angie’s List revenue.
Angie’s List unleashes ‘freemium’ model in all markets
The company announced the plan in March and debuted it in some markets last month. CEO Scott Durchslag, who hopes the move will spark revenue growth, said he’s encouraged by the early results.
Local digital ad agency to offer free industry training
Fishers-based Statwax said it’s launching a free academy this fall to help professionals get certified in Google AdWords and Google Analytics.
New Broad Ripple co-working space set to open next month
The Hatch plans to target creative types with its art studios, recording booths, green screens and more. It’s slated to open in early August.
Innovation Showcase expanding, increasing prize money
The annual entrepreneurial pitch event is expanding to two days. This year’s showcase will feature fewer but longer public presentations.
City Securities’ lesser-known sibling sells
The parent of City Securities Corp. has sold its biggest subsidiary to a New York-based real estate holding company, a move that’s expected to give the niche operation room to grow.
High Alpha Studio launches software-tracking startup
The newest portfolio company for the venture studio is called Zylo. It helps enterprises track all of their software subscriptions.
Software company Emarsys speeding up hiring plans
The marketing-software firm originally planned to employ 167 employees by the end of 2020. But it’s accelerating those plans and expects to be halfway to that goal by the end of this year.
With new Carmel HQ, tech firm aims to move beyond rocky past
Publicly traded Determine Inc. generated fanfare when it announced it was moving its headquarters here and adding 24 jobs to the 35 already here. But many investors have been betting against it for years.
Carmel consulting firm hiring 25 amid HQ move
EnVista LLC, a supply-chain consulting and IT services firm, is relocating its main office to accommodate expected growth.
Tech veteran Dorsey takes a seat on Lesson.ly’s board
The former ExactTarget CEO has been an investor and adviser in the software firm since late 2014, but recently decided he wanted to increase his role in the fast-growing firm.
Children of trucking exec challenge will, claim wife orchestrated changes
The three children of the late Celadon Group cofounder Steve Russell filed a will contest Wednesday alleging his second wife boosted her inheritance from his $31 million estate by taking advantage of his dementia.