First Midwest location to serve as key North American hub to support rapid growth in the region
San Francisco – August 19, 2015:
FinancialForce.com, the leading cloud ERP provider on the Salesforce1 Platform, today announced the opening of its first Midwest office in Chicago, IL, located in the heart of the Chicago Loop at 233 North Michigan Avenue, Suite 1725.
The new office is estimated to reach a headcount of 40 by the end of the year and is expected to become a major hub for the company’s U.S. operations, supporting all functions from sales to marketing, consulting and support. Chicago is home to impressive technical and non-technical talent essential to helping fulfill FinancialForce.com’s product vision and overall growth goals. Chicago is also a center for hyper-growth companies and will serve as an important location for FinancialForce.com to support its customer base.
“FinancialForce.com has undergone a year of incredible growth, and our move to the Windy City is the next exciting step in our expansion,” said Jeremy Roche, CEO at FinancialForce.com. “Our core values involve taking a customer-centric approach to everything we do, which is reflected in our cloud ERP solutions. By locating ourselves centrally in the U.S. and hiring local talent, we’re ensuring our customers will have continuous access to our team. We look forward to settling in and deepening our roots in Chicago.”
Expected to reach 700 employees worldwide by the end of 2015, FinancialForce.com also has offices in San Francisco, Harrogate, Manchester, Ontario, Sydney and Granada. Today’s announcement follows FinancialForce.com’s latest funding round of $110 million in March to capitalize on cloud ERP growth. Earlier this year, the company reported 91 percent subscription run rate growth and a $50 million revenue run rate. It also increased its global headcount to more than 650 current employees.
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