Anvl Expands Operations in Fishers, Indiana
08/01/2019
Led by technology-veteran Robin Fleming, co-founder & CEO of Anvl, the company will invest $125,000 to establish permanent office space in the Meyer Najem building at 11787 Lantern Road in Fishers.
The new space will allow Anvl to continue growing its operations following a $2 million seed funding round announced last month which included participation from Revolution’s Rise of the Rest Seed Fund, High Alpha Capital, and a number of experienced tech leaders and angel investors.
The company, launched out of Indianapolis-based venture studio High Alpha in October 2018, has nearly doubled its workforce since June and plans to move into its new Fishers location in late August, supporting the growth of its team.
"What we are doing at Anvl is really important work," said Fleming. "Our innovative software helps companies modernize their safety programs by engaging and helping front-line workers be safer. Support from the entire Indiana business ecosystem is critical to help companies like Anvl grow and create value for our employees and customers. Our entire team is passionate about our mission and excited to be part of the growing technology and business community in Indiana."
As an incentive, IEDC offered Anvl up to $900,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Fishers approved additional incentives.
"With a growing tech ecosystem and a strong tradition of advanced manufacturing, Indiana is uniquely positioned to support the growth of companies like Anvl,” said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). “Anvl’s innovative technology puts a focus on improving the safety of workers across a variety of industries including automotive, construction and energy. The company’s commitment to innovation will not only create quality, high-wage career opportunities for Hoosiers, but help fuel new safety solutions and standards for companies across the U.S. and around the world.”
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