Formstack

3.6★★★★☆(42 reviews)

11671 Lantern Road

Fishers, Indiana, United States

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Business facts

Estimated annual revenue~$51.0M
Estimated employees~107
Estimated wage bill~$7.8M
In business since2008
Estimate based on strong signals

Area statistics (46038)

Population43,112
Median household income$105,057
Source: US Census ACS

About

Formstack is a secure workplace productivity platform that allows businesses and organizations to create custom online forms and automate workflows without the need for coding skills. Its innovative solutions aim to eliminate paper forms and break digital silos, empowering users to streamline their everyday work processes.

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Credit Cards
American Express, Discover, Mastercard, PayPal, Visa
Wheelchair Accessible
Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$36.9M2019
~$36.3M2020
~$41.4M2021
~$45.8M2022
~$48.4M2023
~$51.0M2024
Modeled from category averages for the region+6.7%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2006
Observed

Property

Lot size0.23 acres
Land use499
CountyHamilton
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Indiana1,060~$7.4B~$7.0M~$1.4M5.0★35×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure31 chains expanding in this category, led by Verizon, Metro by T-Mobile, Walmart Connection Center (+1,286 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)347~$559.6M~$1.6M~$464.6K2,472~$212.5M110×
Wholesale and retail trade; repair of motor vehicles and motorcycles44~$202.7M~$4.6M535

1 km area (all businesses): median from the 307 of 347 businesses with estimates

Estimate

Area conditions (46038)

Population43,112 ±1,701
Median household income$105,057 ±$6,170
Median home value$272,500
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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