Carmel, IN – With the launch of its new platform earlier this year, the Carmel-based tech company, Alleo, has seen a surge in business and plans for continued growth in Indiana. The company plans to create new high-paying jobs in Hamilton County to support the increased demand for their product and to further expand their product offerings.
“We are very pleased that Alleo has chosen Carmel and our Meridian Corporate Corridor as the location for their expansion of 60 new high-tech, high-paying jobs. We work hard to create a city with the quality-of-life amenities that make it desirable for corporate firms and the professionals they need,” said Carmel Mayor Jim Brainard. “We look forward to their continued success in Carmel.”
Created by tech entrepreneur, Brandon Fischer, out of Carmel, IN, Alleo started in 2019 with interactive meeting space software to offer collaboration solutions for hybrid meetings. Alleo was further inspired to create a productive virtual work environment that is able to manage shared documents and multimedia for participants to engage with whenever, wherever and from any device to allow for a fully remote workspace. Users are able to access the cloud based platform on any device with just one click. There is no software to install, nothing to download, and no hardware to purchase. The canvas stays securely put, even when offline, so users can return and continue where they left off.
“We greatly appreciate the partnership with the city of Carmel and the IEDC,” says Brandon Fischer, Alleo founder and CEO. “Our team at Alleo works hard to provide a best-in-class solution to meet the needs of distributed teams within global organizations and it’s exciting to be recognized and supported locally.”
Alleo has been selected by Fortune 100 companies and government agencies as their meeting tool of choice, was recently included in the list of “Hot Vendors” in the 2022 Collaboration report by Aragon Research, Inc, and received Best of Show at the InfoComm at Las Vegas, NV this June. The company also recently announced its partnership with Jupiter, a pioneer in large-format data visualization technology, and is rapidly expanding its network of channel partners throughout the U.S and European markets.
Brandon has over a decade of experience in the visual collaboration space. After a successful exit with his last product, Synthesis, he reimagined the future of collaboration to solve for new remote meeting challenges involving rich data, live inputs, voice and video together. When the pandemic hit, the remote worker trend skyrocketed and increased the need for a customizable meeting platform. Alleo’s open and secure platform addresses the challenges of today’s flexible work environments by filling the gap between traditional file sharing and videoconferencing.
“Indiana continues to build on its reputation as of one of the Midwest’s leading tech hubs, constantly reimagining the future of technology and workplaces,” said Ann Lathrop, executive vice president of global investments for the Indiana Economic Development Corporation (IEDC). “Strong partnerships help grow that reputation through innovative tech advancements and a push for collaboration, and we are excited to support Alleo’s growth and future success.”
Based on the company’s plans to hire 60 employees by the end of 2026, the IEDC committed an investment in Alleo of up to $1 million in the form of incentive-based tax credits and up to $50,000 in conditional training grants. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and trained.