Music-marketing startup Fuzic Inc. plans to add more than 250 employees over the next three years and nearly triple its office footprint in Fishers, the company announced Monday,
Fuzic said it would invest nearly $3.7 million to build out a new 11,736-square-foot office in the Braden Building in Fishers' Nickel Plate District. It plans to move into its new digs in January.
The year-old company—which sells software for brick-and-mortar businesses to manage on-site audio marketing—said it hashed out an agreement with the Indiana Economic Development Corp. to add 255 workers by the end of 2020. The company has about 35 employees now.
Based on those plans, the IEDC agreed to provide Fuzic $3,355,000 in conditional tax credits and up to $145,000 in training grants. Those incentives will hinge on the company's ability to meet hiring goals.
According to public filings with the Fishers Redevelopment Commission, Fuzic plans to add 249 employees to a base of 20 by the of 2022 in exchange for city-based incentives that have yet to be announced.
Fuzic said employees will be added in all areas, including software and sales, with new workers receiving average pay of about $75,000 per year.
Fuzic's plans for growth have accelerated greatly in recent months. In July, company officials said it was planning to move its 30 employees into a 1,400-square-foot office in the Braden Building.
Fuzic allows restaurants, gyms and other establishments to engage on-site customers with custom announcements and licensed-music playlists. CEO Brent Oakley, former CEO of Fishers-based Prime Car Wash LLC, came up with the idea last year to promote offers to customers sitting in Prime Car Wash lobbies.
Former Salesforce Marketing Cloud CEO Scott McCorkle is Fuzic's executive chairman.
Fuzic has been fueled in part by a $300,000 seed round that Oakley raised last year, as well as a $3 million seed round it announced in July. High Alpha, Allos Ventures and Hyde Park Venture Partners participated in that round.