Update: Lessonly Plans Even More Growth

Update: Lessonly Plans Even More Growth

Lessonly, a leader in online training software, announced plans to expand its headquarters in Indianapolis a few weeks ago. Previously, the company said it would doubling it’s 80-person staff. This week, Lessonly officials announced that figure will actually be up to 102 new, high-wage jobs by 2020.

Lessonly develops powerfully simple training software that helps sales and support teams do better work. To meet increasing demand from sales and customer service teams across the globe, Lessonly will invest approximately $2 million in its Indianapolis operations over the next five years to accommodate its growing team. Initially, the company plans to enhance its current 10,000-square-foot facility at 407 Fulton St., improving workstations, meeting areas and amenities. As they grow, Lessonly will look for opportunities to scale its headquarters while remaining in Indianapolis.

“We’re extremely proud to call Indianapolis home,” said Yoder. “We’re working hard to reimagine training software for millions of people across the globe, and this city is our bedrock.”

Lessonly recently announced an $8 million Series B funding round led by Boston-based OpenView. The company has doubled in size every year for the last five years and now employs 83 full-time employees in Indianapolis – exceeding its 2013 IEDC-supported goal of 75 employees by the end of 2017.

“Lessonly’s continued investment in our community is both a testament to their success and the environment of growth here in Indianapolis,” said Mayor Joe Hogsett. “With Indianapolis’ kinetic pipeline of workforce talent, matched with Lessonly’s impressive expansion, we look forward to celebrating this homegrown company’s success for years to come.”

The Indiana Economic Development Corporation (IEDC) offered Lessonly up to $1,100,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. The city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.