Startups

MeetMe is looking at office space in Philadelphia

Philadelphia proper could get its first big publicly-traded, consumer-facing tech company.

Inside MeetMe's New Hope headquarters. (Courtesy photo)
MeetMe, the New Hope, Pa.-based social network, is making moves to open a satellite office in Philadelphia.

Nothing is final yet, said recruiter Tom Zabielski, but the company is looking at spaces in Old City and would open the office this year. MeetMe would retain their longtime headquarters in New Hope, a converted 19th-century paper mill where about 120 employees work. (That’s down from 150 employees back in 2013.)
Why now? Zabielski said MeetMe wants to grow and has exhausted its Bucks County talent options. (We noticed they listed Philadelphia as a possible location for one of their current open job listings.)
We’ve heard similar stories from iPipeline, Empathy Lab and Think Brownstone — suburban companies that have opened satellite, or “gateway” offices, to use a term from former Commerce Director Alan Greenberger. This one would be a great win for the Philly tech scene: a publicly-traded, consumer-facing tech company putting down roots in the city proper.
That’s the extent of the details Zabielski could share with us at the moment, but we’ll keep you posted.
MeetMe, which has its roots in one of the biggest Philly tech exits in the city’s web 2.0 era, did $56 million in revenue last year, Zabielski said. That’s up from $45 million in 2014.
Other ways that MeetMe is upping its Philadelphia presence? Jonah Harris, MeetMe’s new CTO, will be speaking at Philly Tech Week 2016’s Dev Day (MeetMe is sponsoring Dev Day), and we also spotted Zabielski manning MeetMe’s booth at NET/WORK, our jobs fair, last week.

Companies: MeetMe

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