Fast-growing Indy-based tech firm Formstack relocates to Fishers

An Indianapolis-based data capture and management company has relocated its headquarters to Fishers in a move that echoes the suburb's reputation as a growing tech hub.

Formstack made the move Feb. 1, leasing an 8,000-square-foot space on the third floor of an office building on Lantern Road in Fishers' Nickel Plate District. The move did not yield any new jobs.

Formstack shares the building with the gastropub Four Day Ray Brewing. Its new office currently houses 30 employees and has room for 30 more.

Formstack's CEO Chris Byers could not be reached for comment Monday afternoon, but in a news release he said the company shares the same spirit of entrepreneurship and innovation as Fishers. 

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"Our move to Fishers is a reinvestment and recommitment to the growing tech ecosystem in central Indiana," Byers said. Tuesday's announcement comes just months after Formstack announced its acquisition of Toronto-based QuickTapSurvey, a provider of mobile and offline surveys.

Formstack was founded in 2006 and operated in an office building at 86th Street and Allisonville Road.

Formstack offers an online form that businesses, universities and nonprofits can customize and use to streamline their process for capturing and securing data.

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The company has appeared on Inc. magazine's list of the 5,000 fastest growing companies in America every year since 2013, with the exception of 2015. Formstack ranked No. 2,505 on the list last year. 

"Our efforts to bring top-tier companies like Formstack to Fishers have been key to becoming one of the best places to live in America," Mayor Scott Fadness said in a prepared statement. 

Fadness also could not be reached Monday afternoon. 

Fishers has positioned itself as a suburban tech hub and in recent years has drawn companies like Knowledge Services, also from Indianapolis, and reaped the benefits of expansions of firms like BrainForest and Aggressively Organic, among others. 

The city helped established the Internet of Things lab, a hub for entrepreneurs to work on Internet-based products and ideas, and Launch Fishers, a co-working space for entrepreneurs and startups. The model has since expanded to Indianapolis.

Call IndyStar business reporter Alexandria Burris at 317-444-6083 or email her at aburris@gannett.com. Follow her on Twitter @AllyBurris.​​​