PactSafe Touts Growth

INDIANAPOLIS – A young Indianapolis-based tech company says it is making progress on growth plans. PactSafe Inc., a legal document platform company, says it added 11 employees last year and plans to double that number in 2017. In July, the company announced a $575,000 expansion plan involving 90 new jobs by 2020.

The company, which launched in 2013 and started 2016 with only two employees, recently completed a move to larger offices space in the city’s Broad Ripple neighborhood. In 2015, it secured more than $1 million in venture capital. Over the last year, PactSafe says it has brought on more than 100 new customers, leading to 2,000 percent revenue growth.

Founder and Chief Executive Officer Brian Powers says “we had a banner year and saw amazing traction with the product which has translated directly to growth in our team, our customer base, and our revenue. We are now truly able to deliver value to customers of all sizes. Our customers are pushing the envelope and executing contracts in ways they didn’t even know were possible before exploring PactSafe’s offering.”

Its list of clients includes Angie’s List Inc., Emmis Communications Corp., SheKnows Media LLC and Fidelis Cybersecurity. You can connect to more about PactSafe’s growth by clicking here.