IN: Advanced Agrilytics Grows National HQ, to Add 60 New Jobs
18 Dec, 2020
Advanced Agrilytics Holdings LLC (Advanced Agrilytics), an agronomic tech company that provides farmers with actionable, customized strategies to deliver sustainable outcomes at the sub-acre level, announced plans to continue expanding its operations in Indiana. The company, which has already hired 14 new remote and Indianapolis-based employees this year, recently established its new headquarters in Indianapolis and plans to continue its recent hiring trend, adding another 60 new Hoosier jobs over the next few years.
“Indiana is at the center of agriculture technology, with companies like Advanced Agrilytics choosing to grow and develop new solutions here,” said Governor Eric J. Holcomb. “As a state, we’re committed to creating an environment that allows Advanced Agrilytics to scale its operations, while continuing to innovate and develop agricultural tools geared for the 21st century.”
Advanced Agrilytics, which was founded in 2013 and also has R&D operations in Huntington, Indiana, received an equity growth investment from Paine Schwartz Partners in 2019 and has since expanded its client base. To support its growth, the company recently located its national headquarters at 1023 E Market St. in Indianapolis, leasing 7,000 square feet of office space. The facility will allow Advanced Agrilytics to expand its employee base in all functions, ultimately better serving farmers with robust prescriptions for seeding rates, fertility applications and in-season management decisions. The new Indianapolis office has been operational since early 2020.
Advanced Agrilytics employs more than 60 people across its Indianapolis, Huntington and Midwest field locations and is hiring for marketing, agronomy, data science, software development and technical project management positions in Indianapolis. Interested applicants may apply online.
“Since the Paine Schwartz Partners investment, our employee base has grown more than five times and, while our employee base is distributed throughout the Midwest, much of that headcount growth is - and will be - in Indiana," said Kay Kuenker, Advanced Agrilytics CEO. "As such, our thanks to Governor Holcomb and IEDC for the EDGE Tax Credits and other incentives for business growth in Indiana. Precision agriculture has been around a long time, but we believe the value of it has not been realized until now. Advanced Agrilytics is at the forefront of delivering on the promise of precision ag.”
Advanced Agrilytics delivers independent precision farming advice to row-crop growers, helping growers interpret agronomic data and manage inputs and practices effectively to dramatically increase yields.
Since its founding in 2013, Advanced Agrilytics has accrued significant amounts of efficacy data validating its holistic approach. The company's team of agronomists and scientists have multiple decades of experience in soil science, crop physiology, data science and prescriptive application development.
“We welcome the addition of dozens of new jobs to Indianapolis, with a headquarters well-placed to serve famers across our state,” said Indianapolis Mayor Joe Hogsett. “Today’s announcement with Advanced Agrilytics is yet another sign of our city’s position as a regional leader for starting and growing STEM-related businesses.”
The Indiana Economic Development Corporation offered Advanced Agrilytics Holdings LLC up to $1.2 million in conditional tax credits based on the company's plans to create up to 74 new jobs by the end of 2024. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.
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