SnapShyft is a tech company with a food and beverage industry hiring platform and it’s expanding in Indianapolis. The company says it plans to invest $433,000 into establishing its headquarters at the downtown Indianapolis location called The Speak Easy. SnapShyft also plans to add 40 jobs within the next two years. The company launched back in 2016 after winning an Indy Startup Challenge. Co-founders Stephanie Corliss and Thor Wood, in an interview with Indiana Business, mentioned a need to connect employers with workers on an on-demand basis.
The company says close to 200 venues have created accounts and over 1,500 professionals throughout Greater Indianapolis have downloaded the app. It also has a national footprint, with downloads in more than 40 states. The company plans to expand into Bloomington, Greater Lafayette, and Muncie, as well as more than four other major metropolitan areas outside the state by year’s end.
Wood says, “After months reviewing various metro areas that fit our criteria for growth, Indianapolis rocketed to the top of the list with the tremendous growth in tech witnessed since 2010 and is ranked at or near the top in a number of event-based and tourism-related business categories. Being in or near downtown Indianapolis was a true no-brainer for the team, housing more than 400 food and beverage venues, an amazing pool of tech talent, and access to surrounding markets like Fishers, Carmel, and Greenwood.”
The average wages for the new positions are expected to be higher than the Marion County average says Snapshyft.
Snapshyft offered $450,000 in conditional tax credits and training grants to Avail Productivity Systems, which does business with Snapshyft, through the Indiana Economic Development Corp.
Edited by Victoria Haviland