FiveStars Expands Denver, Colorado, Operations Center
04/27/2015
According to Metro Denver Economic Development Corporation, after an extensive search evaluating other tech-friendly cities such as Austin and Seattle, Denver became the obvious choice due to its quality of life, affordable cost of living, and booming tech-scene. The decision to come to Denver was accelerated by strong tax incentives offered by the state and city to attract top tech companies to the region.
“We evaluated over a dozen cities and by the end it was a no-brainer - no other city offered what Denver had,” said Victor Ho, CEO/Co-Founder of FiveStars. “We wanted to pick a location where employees would have an excellent quality of life and we’re ecstatic that we found our second home in Colorado.”
“The FiveStars announcement further demonstrates that Denver is quickly becoming the small business and startup capital of the country,” said Mayor Michael B. Hancock. “We’re delighted to welcome them to our increasing roster of fast-growing firms that are creating jobs, expanding our economy, and helping make Denver a city of opportunity for all.”
Much of FiveStars’ hiring in Denver will occur on the sales front, where FiveStars is seeing tremendous success, Metro Denver reported. Now serving almost 7,000 small and medium businesses across all 50 states and Canada, FiveStars has added over 1,000 new merchants in just the past three months.
"We are thrilled that FiveStars has chosen Colorado to expand its operations and create new jobs in the high-tech industry," said Governor John Hickenlooper. "Not only is FiveStars creating jobs here, they are also providing a platform for local businesses to develop customer loyalty programs that were once only accessible to large corporations, allowing small businesses to compete on a large business scale. We wish them continued success."
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024