Venture-back Field Nation is planning to move headquarters from one part of Minneapolis to the other, according to EVP Teri Calderon.
She says it’s a combination of lease expiration at 901 Marquette Avenue (AT&T building) and staffing growth that prompted the decision to change to 706 2nd Ave S., inside the Baker Center.
“We’re essentially doubling our footprint to 35,000 sq.ft.,” she explains. “Staying in downtown Minneapolis is great for our employees given the accessibility.”
The company currently counts around 80 US employees, 72 of which are based here in Minneapolis. Projections show Field Nation’s Minneapolis office could reach between 90-100 employees by the time the move happens early next year.
Field Nation was founded by St. Cloud tech entrepreneur Mynul Khan in 2008 as a marketplace for contingent and on-demand workforce management, before the ‘human cloud’ was even a thing. The venture grew quite rapidly to reach over $40m revenue by 2013 before partnering with Susquehanna Growth Equity in a $30m deal in late 2015.