SteadyServ Technologies, a real-time draft beer inventory intelligence system and software, is moving its corporate headquarters to Fishers’ Nickel Plate District.
The company has signed a four-year lease for 8,613 square feet of space on the top floor of the Spur Building, which will house Four Day Ray in its ground-level floor, at the corner of Lantern Road and North Street. The building is expected to be complete in late August.
SteadyServ currently employs more than 45 people and expects to reach 100 employees by 2018. The company serves retail customers in four nations and 20 states, including large sports venues like AT&T Stadium in Dallas, Texas, as well as restaurants like Applebee’s and Tilted Kilt. Its product lets customers know exactly how much product remains in kegs of beer.
“This is an exciting time for SteadyServ. Our technology is revolutionizing the way the hospitality industry manages their beer inventory,” SteadyServ Chief Executive Officer Steve Hershberger stated. “In the U.S., draft beer is a $23 billion industry that is based on guesswork. We provide data to aid in the decision-making process and to eliminate the guesswork that is so pervasive.
“As our company moves forward, it became clear that our vision and culture aligned perfectly with the City of Fishers, as well as the other technology firms that are gravitating to this area,” he added. “The vision Mayor (Scott) Fadness has articulated for this district made it an easy decision for SteadyServ. This is a great place for us to grow.”
SteadyServ will have a close working relationship with Four Day Ray, which is opening its restaurant and brewery in the building and will give SteadyServ a close location for innovative experiments.
“Our entrepreneurial ecosystem is designed so that companies like SteadyServ can grow in our community without the barriers that can hinder high-impact, high-growth tech firms during the scale-up phase,” Mayor Fadness stated. “We are excited to welcome SteadyServ and their technology to the Nickel Plate District and look forward to this partnership.”