In January 2015, Forbes named Wilmington’s nCino as one of America’s most promising companies in 2015—the only North Carolina company to make the list.
Earlier this month, nCino moved into a new 40,000-square-foot space in Mayfaire, which will be home for at least the next three years with exceptional amount of space for its current 145-employee roster, which Pierre Naudé, CEO of the local tech start-up, expects to increase by at least 30 by the end of the year.
Upon entering nCino’s new office space, one will notice that very few employees actually work at their cubicle. If they are, it’s because they’re mapping out ideas on a whiteboard with a co-worker or working standing up so that it’s easier to collaborate with a neighbor.
“Very few people have their own office. We encourage people to use the conference rooms to chat and collaborate,” said Naudé
And if there is a surface that an expo maker can write on, then something is written on it. Tech language graffiti is everywhere—and Nerf guns, too.
From the company “fun room,” which features a pool table, corn hole set and an area to practice your golf swing— to the conference room decorated with Naudé’s favorite alligator skull—it’s clear that he wants his employees to have fun and be happy, but more importantly, work together.
Naudé’s emphasis on a creative work environment is a concept he attributes to stimulating the growth of the company.
“With this fast growth, if we create the right culture and take care of our people they don’t leave,” he said.
Naudé does not plan on leaving anytime soon, but he does have big plans for the company’s future.
“This year we’re fully engaged in the big bank market,” he said. “That growth will keep on continuing and we will add people to support that growth. Because we are so focused on innovation, reputation and speed we are building out a tremendous portfolio of additional products so that long term we would like to see an nCino application on every desk of every employee in every bank–that’s the goal.
“We want to take over the world [laughs] so that growth will continue in those two market segments. Our next step will be to start looking at international, but we’ll only do that when the time is right.”
nCino was created by Wilmington based Live Oak Bank in 2010 to develop software that would turn the paperwork nightmare of administering loans to small businesses across the country into an online cloud-based platform. This past February Live Oak Bank sold its shares of nCino and no longer has direct ownership interest in the company.
On July 23, Live Oak became a publicly traded company on the NASDAQ stock exchange.
When asked about whether nCino will try and go public, Naudé replied: “Right now we’re focused on our customers and on innovation, reputation and speed. That’s what we do.”
James Mieczkowski is a news reporter for Port City Daily. He can be reached at firstname.lastname@example.org On Twitter: @mieczkowskiPCD