Since 1999, Invest Buffalo Niagara has assisted 414 businesses expand or startup in the region, attracting or retaining 45,528 jobs and $6.09 billion in capital investment. Here's a look at two of our 65 advanced business services past wins and where they are now.
Invest Buffalo Niagara first started working with the team at AML Rightsource in early 2019 as the company undertook a large investigation into 20 metros for their expansion plans. This anti-money laundering and financial crimes solutions company had 575 employees across the U.S. and was headquartered in Cleveland. After their first successful expansion to Buffalo Niagara, AML Rightsource reconnected with InBN to help facilitate another expansion in the region. In 2020, InBN offered incentives assistance for the second phase of their project, connecting the company to ESD for an Excelsior offer. Since opening their doors here, the company has hired 130 employees with plans to grow that exponentially. Frank Ewing, AML’s CEO, hopes to triple the workforce in Buffalo over the next 3-5 years. The company now occupies space in the Seneca One Tower.
Thailand-based tech SaaS startup KYKLO began investigating Buffalo Niagara for their U.S. headquarters in August 2019. Working with Invest Buffalo Niagara, the company got connected to various resources in the region and opened their operations here in spring 2020. Since opening in Buffalo Niagara, the company has raised $8.5M in venture capital and is actively expanding. Part of this expansion includes upgrading their space from 1,700 square feet to 5,400. As of July 2021, the company had 11 employees here with plans to hire 6 more. “Buffalo has a fantastic draw for the millennial population with its great quality of life and low cost of living” – Ryan Francis, Chief of Staff at KYKLO
Buffalo Niagara offers everything that forward-thinking companies need to succeed: A skilled and dedicated workforce, highly competitive real estate costs, low-cost energy, and research and development partnerships. Additionally, a revitalized Central Business District, a world-class waterfront highlighted by Niagara Falls, and accessible amenities provide a high quality of life that is attracting talent from across the country.