The Charleston Digital Corridor this week welcomed Fexillon, an innovative leader in digitizing the built environment, to its community as the company establishes its US office in Charleston.
This strategic collaboration marks a significant milestone for both Fexillon and the Charleston Digital Corridor, highlighting their shared commitment to driving tech innovation and fostering growth in Charleston's dynamic ecosystem. As Fexillon embarks on its US expansion journey, the Corridor will provide the Irish firm with an ideal platform to thrive and innovate in Charleston's thriving tech scene.
Fexillon's entrance into the US market is complemented by ambitious revenue projections, aiming to surpass $1 million in revenue by 2024, reach $5 million by 2025, and target an impressive $10 million by 2026. With a projected revenue trajectory reflecting confidence in its capabilities and market demand, Fexillon also intends to grow its US team from 10 employees in 2024 to over 30 by 2026.
The initial 10 positions in 2024 will focus on supporting the rollout of Fexillon's technology platform in sectors such as Architecture, Engineering, Construction, and Operations (AECO), as well as other verticals critical to the company's success. These projections underscore Fexillon's strategic expansion plans and commitment to achieving substantial growth and success in the US tech landscape.
“We are honored that Fexillon, an innovative and fast-growing building tech company, has selected Charleston for its US Headquarters,” said City of Charleston Mayor William Cogswell. “We are committed to supporting Fexillon as they implement their ambitious business plans for the North American market,” he added.
“Our expansion into Charleston marks a pivotal moment for Fexillon and the broader Irish tech community," said Kieran Beggan, CEO, Fexillon. "We're proud to bring Irish expertise and innovation to the global stage as we enter the US market. Basing our US operations in Charleston provides comprehensive coverage for our customer base, with promising growth opportunities in South Carolina and neighboring states.
“Charleston serves as a gateway to the US market and choosing the Charleston Digital Corridor underscores our commitment to collaboration and growth within Charleston's dynamic tech ecosystem. With South Carolina's tech-friendly environment and skilled workforce, we're positioned for growth while driving innovation, forming partnerships, and showcasing the prowess of the Irish tech sector worldwide."
“We are delighted to welcome Fexillon to the Charleston region," said Ernest Andrade, Founder and Director of Charleston Digital Corridor. "The company’s decision to establish their US operations here reinforces Charleston's reputation as a leading destination for tech innovation and growth. Fexillon's presence within the Corridor will enrich our ecosystem and further solidify Charleston's position as a vibrant hub for tech companies seeking to thrive and innovate.”
With a strong reputation for quality and innovation built over 24 years, Fexillon has become a trusted partner for blue-chip firms across various sectors in the Irish, UK and wider European markets. The company's digital asset management solutions have garnered acclaim from blue-chip firms in both the public and private sectors, enabling more streamlined approaches to building and property management. By leveraging its platform, clients have been empowered to make data-driven decisions, reduce energy consumption, and enhance operational efficiency.
