Matt Rissell, Eagle resident, got the idea for TSheets back in 2005 when he was running three franchised Cartridge World stores that sold ink and toner cartridges for printers. He was going over time sheets for his 35 employees and found that one of his trusted staffers had put in for 15 minutes more time than she had worked. He searched for software that could manage his time sheets, but he couldn’t find a product geared for small businesses with more than one location. So he turned to his buddy Brandon Zehm, a software architect who proceeded to design a cloud-based program that could track Rissell’s staffers. It worked so well that Rissell sold his Cartridge World stores in 2007 and devoted himself to TSheets.
In 2008, TSheets Time Tracker was released. They began looking for a top partner to combine forces with them – one that could provide a solid solution for the thousands of customers already using the product. They found it with QuickBooks and the phenomenal ProAdvisor program, composed of accounting and bookkeeping communities that help small businesses succeed. The company continued to grow and in 2015, TSheets accepted $15 million in growth equity funding from Summit Partners, bought a building in Eagle, Idaho, and opened a second location in Sydney, Australia. By 2017, TSheets had 35,000 customers in more than 60 countries and was bought out by the financial software giant Intuit for approximately $340 million of cash and other consideration in January of 2018. After the transaction closed, Time Capture became a new business unit within Intuit’s Small Business and Self-Employed Group with Matt Rissell assuming the leader role. TSheets’s Eagle, Idaho site became an Intuit location. Between January of 2018 and January 0f 2022, Intuit had increased their employment by 73%.
In 2010, McCord Christensen founded PetIQ in an 800-square-foot room in Eagle with the goal of bringing quality and affordable health care to pet parents. The company went public within six years and debuts its new headquarters expansion in Eagle in 2021. Today PetIQ is a leading pet medication and wellness company delivering a smarter way for pet parents to help their pets live their best lives through convenient access to affordable veterinary products and services. The company engages with customers through more than 60,000 points of distribution across retail and e-commerce channels with its branded and distributed medications, which is further supported by its own world-class medications manufacturing facility in Omaha, Nebraska. The company’s national service platform, VIP Petcare, operates in over 2,900 retail partner locations in 42 states providing cost-effective and convenient veterinary wellness services. PetIQ believes that pets are an important part of the family and deserve the best products and care we can give them.1
1 Data from yahoo.com May 4, 2022.
