VSIMPLE CHOOSES NEW ALBANY FOR HEADQUARTERS & EXPANSION

VSIMPLE CHOOSES NEW ALBANY FOR HEADQUARTERS & EXPANSION

Vsimple recently announced their intentions to relocate their Headquarters to downtown New Albany to a facility at 318 East Fourth Street and invest $1.8 million over the next five years in improvements, lease payments, equipment, hardware, and software.

Tech firm Vsimple, a leader in the Software as a Service (SaaS) space, provides end-to-end systems for manufacturers and distributors encompassing record management, internal coordination, customer communication and data insights.

The move will create 70 full-time, salaried positions over the next four years, with a focus on research and development, sales and marketing, and customer success.  These are high-paying, salaried positions, with compensation well above the average for Floyd County.

“We’re very excited to expand to establish our new headquarters in southern Indiana,” said Buddy Bockweg, CEO of Vsimple. “We were looking for a location that would allow us to grow aggressively and attract top talent as we continue to build our SaaS platform.  The State of Indiana, the City of New Albany, and One Southern Indiana have been critical in making this important decision for our company’s future a simple one.”

The Indiana Economic Development Corporation (IEDC) is offering Vsimple up to $1,100,000 in Economic Development for a Growing Economy (EDGE) tax credits which may be certified over a period of up to ten years. These incentives are based on the expected creation of 70 net new full-time positions for eligible Hoosiers.  The company also requested $120,000 in training grants at today’s  New Albany Redevelopment Commission meeting.

“I am proud to welcome Vsimple to New Albany,” stated Mayor Jeff Gahan. “We will continue to work hard to improve the environment for residents and businesses here in our River City. Best of luck to our friends at Vsimple.”