Vertex Intelligence, a data science company that develops artificial intelligence products and solutions, has announced plans to create up to 37 high-wage jobs by the end of 2024 in Zionsville.
The company will invest nearly $270,000 to grow its team and expand operations and services to accommodate increased demand for its professional services and cloud-based data analysis products. The company is leasing space at zWORKS coworking center in Zionsville and exploring future locations in Zionsville, according to the Indiana Economic Development Corp.
“Innovative companies like Vertex Intelligence are finding that Indiana’s supportive environment and stable business climate makes the state an attractive place to develop and grow,” Indiana Secretary of Commerce Jim Schellinger stated.
Founded in 2018 by Tyler Foxworthy, a data scientist and the company’s CEO, Vertex Intelligence has helped some of the world’s top companies and institutions, such as the U.S. Dept. of Defense and local firms such as medical device quality management software company Greenlight Guru design, build and ship AI products and solutions. The company provides services like custom algorithm development, data and AI strategy, statistical modeling and cloud-based data analysis solutions.
“We’re excited to see another business locating in zWORKS and growing its team here in Zionsville,” Zionsville Mayor Emily Styron stated. “Zionsville has a rich culture, collaborative leadership, undeniable momentum and a desired sense of place. This announcement is a testament to our continued investment in economic development, talent attraction and high quality of life.”
The IEDC offered Vertex Intelligence Services LLC up to $650,000 in conditional tax credits and up to $50,000 in conditional training grants based on the company’s job creation plans. The tax credits are performance-based, meaning the company is eligible to claim incentives when Hoosiers are hired. The Boone County Economic Development Corp. also worked in support of the project.
Vertex Intelligence, which employs five associates in Indiana, is actively hiring for machine learning, sales and operations roles. Interested applicants may apply via email at email@example.com.