Formstack: Difference between revisions

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{{Short description|Workplace productivity platform}}

{{Infobox company

| name = Formstack, LLC

| logo = Formstack logo webLogo.gifsvg

| logo_size = 300px

| key_people =Chris ByersAled Miles, CEO

| type = [[Privately-held company|Private]]

| key_people =Chris Byers, CEO

Ade Olonoh, Founder

| industry = Software as a Service (SaaS)

| revenue =

| num_employees = 100250+

| founder = Ade Olonoh

| foundation = February 2006

| location_city = [[Fishers, Indiana]]<ref>{{Cite news|url=https://www.indystar.com/story/money/2019/02/12/formstack-leaves-indianapolis-moves-headquarters-fishers/2840904002/|title=Fast-growing Indy-based tech firm Formstack relocates to Fishers|access-date=2019-02-12|language=en-US}}</ref>

| location_city = [[Indianapolis]], [[Indiana]]

| location_country = USA

| homepage = [https://www.formstack.com/ Formstackformstack.com]

}}

'''Formstack''' is a [[Dataworkplace management|dataproductivity management solution]]platform that helpslets usersorganizations collectcreate informationdigital throughworkflows variouswith types ofno-code [[Form (HTML)|online forms,]] including surveys, job applications, event registrationsdocuments, and payment formssignatures. Founded in 2006, the company was created by Ade Olonoh, and serves over 50025,000 users in 112organizations countriesworldwide.<ref name=":0">{{Cite news|title=Formstack – TechPoint|language=en-US|work=TechPoint|url=http://techpoint.org/tech-directory/formstack/|title=Formstack - TechPoint|work=TechPoint|access-date=2017-04-03|language=en-US}}</ref> ItsOn productsJune and25, services2025 aimFormstack tothe helpcompany professionalswas ofofficially allrebranded industriesas collectIntellistack. andThe leveragenew datacompany efficientlyhas several product offerings including the Formstack product suite.<ref>{{Cite web |date=June 25, 2025 |title=Intellistack Launches Streamline, a Groundbreaking No-Code, AI-Driven Process Automation Platform for Secure, Frictionless Workflows |work=Yahoo Finance |url=https://finance.yahoo.com/news/intellistack-launches-streamline-groundbreaking-no-130000833.html}}</ref>

== History ==

Formstack was founded by Ade Olonoh on February 28, 2006. In November 2009, Formstack (then called '''FormSpring''') launched [[formspring.me]], a social [[question and answer site]] where users could ask questions, give answers, and learn more about their friends. Because of the success of the site, formspring.me was spun out as a separate company in January 2010 with a different team and different resources. To allow both companies to continue their growth, FormSpring.com became Formstack.com to avoid any confusion with formspring.me.<ref>{{Cite news|url=http://www.ibj.com/articles/18911|title=FormSpring.com changes name to eliminate confusion with social site|access-date=2017-04-03}}</ref>

Originally created as a simplean online form builder, Formstack has expanded its offerings to include [[Workflowdata managementand system|workflow management]] solutions for various industries, including marketinghealthcare, education, healthcareinsurance, nonprofit, government, and human resourcesfinance. The company is privately held and headquartered in Indianapolis, IN with another office located in Colorado Springs, CO.<ref>{{citeCite news |date=2017-12-06|title=Software firm Formstack announces expansion into Colorado Springs|publisher=The Colorado Springs Business Journal|url=https://www.csbj.com/2017/12/06/formstack-announces-expansion-colorado-springs/ |accessdate=11 July 2018 |publisher=The Colorado Springs Business Journal |date=2017-12-06}}</ref> Over half of Formstack's workforce works remotely in regions across the United States, asand well as Canada, Poland, Argentina, Mexico, andaround the Netherlandsworld.

== Software and Services ==

Formstack enables organizations to buildcreate anddigital design web formsworkflows without any programming or software skills required. Formstack users can embedcollect mobile-readydata forms on their websites and social media profiles, collectwith online paymentsforms, gathergenerate feedbackdigital from customers and employeesdocuments, and create process workflows forgather theirelectronic organizationsignatures.<ref name=":0" />

The platform integrates with over 50100 web applications, including apps for CRM management, [[email marketing]], payment processing, and document management.<ref>{{Cite news|url=http://www.inc.com/dave-kerpen/9-saas-solutions-you-didnt-know-you-needed-for-2017.html|title=9 SaaS Solutions You Didn't Know You Needed for 2017|date=2017-01-09|work=Inc.com|access-date=2017-04-03|language=en}}</ref> Other product offerings include [[conversion rate optimization]] tools for marketers, aworkflow mobileautomation appfor that allows users to collect data while offlineSalesforce, aand fully native form-building appsolutions for Salesforce, and [[Health Insurance Portability and Accountability Act|HIPAA compliance]] for healthcare and HR users.<ref>{{Cite news|title=Formstack Releases HIPAA Compliant Forms|language=en-US|url=http://finance.yahoo.com/news/formstack-releases-hipaa-compliant-forms-130000766.html|title=Formstack Releases HIPAA Compliant Forms|access-date=2017-04-03|language=en-US}}</ref> Formstack is a competitor of other digital forms providers, like [[Jotform]], [[GoCanvas]], and [[GoFormz]].

== Controversies ==

==Company culture==

In May 2023, Formstack laid off over 100 of its employees; this reduction eliminated over 40% of its workforce.<ref>{{Cite news|title=Fishers-based Formstack announces significant layoffs|language=en-US|url=https://www.insideindianabusiness.com/articles/fishers-based-formstack-announces-significant-layoffs|access-date=2023-09-18}}</ref> Chris Byers, the CEO of Formstack, announced the reduction in force on LinkedIn saying it was a "part of a larger plan to put Formstack in a place to continue to succeed and grow for the long term."<ref>{{cite web

Working remotely is typical for Formstack employees. {{As of|May 2017}}, 64% of the company's employees work from outside the office.<ref name="cardrates">{{cite web|last1=Langford|first1=Layne|title=Remote Working: 14 Awesome Home Office Workspaces|url=https://www.formstack.com/blog/2017/home-remote-workspaces/|website=FormStack Blog|accessdate=10 July 2018|date=23 May 2017}}</ref>

| url = https://www.linkedin.com/posts/rchrisbyers_today-has-been-a-very-hard-day-formstack-activity-7064618034325327872-Pm8s/

| title = Chris Byers on LinkedIn

| publisher = LinkedIn

| access-date = 2023-09-18

| quote = Today has been a very hard day...

}}</ref> Local news sources and prior employees note the reduction came approximately 18 months after Formstack had received a $425 million funding round from Silversmith Capital.<ref>{{Cite news|title=Fishers-based Formstack announces layoffs, employees say as many as 40% cut|language=en-US|url=https://www.indystar.com/story/news/local/hamilton-county/fishers/2023/05/18/fishers-based-formstack-becomes-the-latest-in-wave-of-tech-layoffs/70231832007/|access-date=2023-09-18}}</ref> To date, Byers has not provided a reason for nor a statement about the reduction in force. As a result of the layoffs, current and former employees expressed their grievances on Glassdoor en masse. As of September 2023, Formstack's approval rating on Glassdoor remained 2.5 stars out of 5, with only 21% of reviewers approving of Byers and being willing to recommend Formstack to a friend.<ref>{{cite web

| url = https://www.glassdoor.com/Reviews/Formstack-Reviews-E806586.htm

| title = Formstack Reviews: What Is It Like to Work At Formstack?

| publisher = Glassdoor

| access-date = 2023-09-18

}}</ref>

== References ==

== Tech Industry Recognition and Awards ==

{{Reflist}}

* '''Techpoint Mira Awards Nominee'''

** Information Technology (2009, 2010)<ref>{{Cite news|url=https://www.formstack.com/blog/2009/were-a-tech-point-mira-finalist/|title=We’re a Tech Point "MIRA" Finalist - Formstack.com|date=2009-04-16|work=Formstack.com|access-date=2017-04-03|language=en-US}}</ref><ref>{{Cite web|url=https://www.blastmedia.com/2010/03/24/blastmedia-tech-clients-and-neighbors-up-for-techpoints-mira-awards/|title=BLASTmedia Tech Clients and Neighbors Up for TechPoint's Mira Awards|last=BLASTmedia|date=2010-03-24|website=BLASTmedia|access-date=2017-04-03}}</ref>

** Emerging Technology (2013)<ref>{{Cite news|url=https://www.formstack.com/blog/2014/2013-year-review/|title=2013: A Year in Review - Formstack.com|date=2014-01-14|work=Formstack.com|access-date=2017-04-03|language=en-US}}</ref>

** Company Culture of the Year (2016, 2017, 2018)<ref>{{Cite news|url=http://www.insideindianabusiness.com/story/31786653/mira-to-toast-tech-titans|title=Mira to Toast Tech Titans|last=Ober|first=Andy|access-date=2017-04-03|language=en}}</ref><ref>{{Cite news|url=http://techpoint.org/2017/02/techpoint-mira-awards-nominees-2017/|title=Nominees Announced for 18th Annual TechPoint Mira Awards - TechPoint|date=2017-02-14|work=TechPoint|access-date=2017-04-03|language=en-US}}</ref><ref name="techpoint.org">{{cite news |title=Nominees Announced for TechPoint Mira Awards Honoring ‘The Best of Tech in Indiana’ |url=https://techpoint.org/2018/02/mira-awards-nominees-announcement-2018/ |accessdate=11 July 2018 |date=2018-02-20}}</ref>

**Scale-up of the Year ($5M to $20M) (2018)<ref name="techpoint.org"/>

* '''Indiana Chamber's Best Places to Work in Indiana List'''

** 2013 (ranked #11 in Small Employer category)<ref>{{cite web |title=2013 'Best Places to Work in Indiana' |url=http://www.bestplacestoworkin.com/index.php?option=com_content&task=view&id=46&Itemid=1 |publisher=Indiana Chamber |accessdate=11 July 2018}}</ref>

** 2014 (ranked #10 in Small Employer category)<ref>{{cite web |title=2014 'Best Places to Work in Indiana' |url=http://www.bestplacestoworkin.com/index.php?option=com_content&task=view&id=47&Itemid=1 |publisher=Indiana Chamber |accessdate=11 July 2018}}</ref>

** 2015 (ranked #12 in Small Employer category)<ref>{{cite web |title=2015 'Best Places to Work in Indiana' |url=http://www.bestplacestoworkin.com/index.php?option=com_content&task=view&id=51&Itemid=1 |publisher=Indiana Chamber |accessdate=11 July 2018}}</ref>

** 2016 (ranked #15 in Small Employer category)<ref>{{cite web |title=2016 'Best Places to Work in Indiana' |url=http://www.bestplacestoworkin.com/index.php?option=com_content&task=view&id=52 |publisher=Indiana Chamber |accessdate=11 July 2018}}</ref>

** 2018 (ranked #2 in Medium Employer category)<ref>{{cite web |title=2018 'Best Places to Work in Indiana' |url=http://www.bestplacestoworkin.com/index.php?option=com_content&task=view&id=58 |publisher=Indiana Chamber |accessdate=11 July 2018}}</ref>

* '''Inc. 5000 List (Fastest Growing U.S. Companies)'''<ref>{{Cite web|url=http://www.inc.com/profile/formstack|title=Formstack: Number 1674 on the 2017 Inc. 5000|website=Inc.com|language=en|access-date=2017-04-03}}</ref>

** 2013 (ranked #1151)

** 2014 (ranked #2051)

** 2016 (ranked #1974)

** 2017 (ranked #1674)

* '''IBJ's Fast 25 List (Fastest Growing Private Companies in Indianapolis)'''

** 2016 (Ranked #11)<ref>{{Cite web|url=http://www.ibj.com/fast25-2016|title=Fast25 – Indianapolis Business Journal – IBJ.com|website=www.ibj.com|access-date=2017-04-03}}</ref>

** 2017 (Ranked #13)<ref>{{cite news |title=IBJ Fast 25 - 2017 Fastest-Growing Companies |url=https://www.ibj.com/fast25-2017 |accessdate=11 July 2018 |publisher=Indianapolis Business Journal}}</ref>

* '''2018 EdTech Awards Finalist'''<ref>{{cite web |title=2018 – Finalists & Winners |url=https://edtechdigest.com/2018-finalists-winners/ |publisher=EdTech Digest |accessdate=11 July 2018}}</ref>

** New Product or Service category

** Hiring/Internships Solution category

* '''2017 SaaS Awards'''<ref>{{cite web |title=2017 SaaS Shortlist |url=https://www.cloud-awards.com/2017-saas-shortlist/ |publisher=The Cloud Awards |accessdate=11 July 2018}}</ref>

** Winner (Best SaaS Product for Productivity)

** Finalist (Best SaaS Product for HR or Recruitment)

** Finalist (Best SaaS Product for Sales/Marketing)

* '''2015 ROI Award Winner'''<ref>{{Cite news|url=https://www.formstack.com/blog/2015/2015-results-2016-plans/|title=Formstack Announces Year-End Results, Plans for Growth in 2016 - Formstack.com|date=2015-12-30|work=Formstack.com|access-date=2017-04-03|language=en-US}}</ref>

* '''2014 Salesforce Service Surfboard Award Winner'''<ref>{{Cite web|url=https://www.salesforce.com/blog/2014/09/announcing-the-service-surfboard-award-winners-for-dreamforce-14.html|title=Announcing the Service Surfboard Award Winners for Dreamforce &#39;14|website=Salesforce Blog|language=|access-date=2017-04-03}}</ref>

== External links ==

==References==

[https://www.formstack.com/ Official website]

{{reflist}}

[[:pt:Formspring]]

==External links==

*[http://www.doeswhat.com/2011/05/03/interview-with-chris-byers-formstack/ Interview with CEO Chris Byers]

[[Category:Companies based in Indianapolis]]

[[Category:Internet properties established in 2006]]

[[pt:Formspring]]