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The Greater St. Petersburg Area Economic Development Corp., which formed about a year ago, landed one of its first big wins when PandaDoc, a San Francisco-based document automation platform, announced it would open an East Coast headquarters in the city.
PandaDoc also has a product-development office in Minsk, Belarus, and recently closed a $15 million Series B round of fundraising. The company already employs 15 people in St. Pete and officials say that number is likely to double in 2018.
Jared Fuller, vice president of sales, says PandaDoc is bullish on St. Pete because of its reasonable cost of living, beautiful natural environment, ability to attract young talent and resemblance to a “young San Francisco.”
Fuller adds: “St. Pete had the right amount of weird for us.”
PandaDoc's office is in Station House, a trendy, tech-friendly co-working space in downtown St. Pete developed by Steve Gianfilippo of Gianco Cos., who says in a news release that the company's ability to recruit top-tier talent will be a boon to the region's growing tech industry.
The arrival and growth of PandaDoc — where its digital services help streamline businesses' buying and selling cycles by generating, tracking and executing documents — is also a score for J.P. DuBuque. He was named the inaugural president of the Greater St. Petersburg Area EDC in October 2016 after serving as interim president and CEO of the Tampa Hillsborough EDC.
“We are thrilled that PandaDoc now calls St. Petersburg home,” DuBuque says in a news release. “Our vibrant city is the perfect place for organizations that want to offer their staff a beautiful, warm, cost-effective place to work and play. We look forward to a bright future with PandaDoc.”
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