Veronica Garabelli// January 25, 2017//
Software firm Vorsight said Wednesday it is expanding its corporate headquarters in Arlington County. The company plans to create 112 jobs and invest $105,000 in the project.
Vorsight, founded in 2005, will acquire space and hire staff in several departments, including research and development, technology and sales and marketing.
The company’s ExecVision platform provides insights that allow business leaders to make better sales and marketing decisions. The company says it has scheduled approximately 23,000 meetings, resulting in more than $25 million in new revenue for its clients.
The Virginia Economic Development Partnership (VEDP) will support Vorsight’s expansion through its Virginia Jobs Investment Program, which provides consulting services and reimbursement to companies creating new jobs or experiencing technological change. According to VEDP spokeswoman Suzanne Clark, Vorsight is eligible to receive up to $84,000 in reimbursement if all 112 employees are hired and on board for 90 days, or $750 per employee if they remain with the company for three months.