Saskatoon tech behemoth Vendasta officially opened its new downtown office on Friday, June 14, celebrating the occasion with staff, customers, local entrepreneurs and dignitaries.
“When we started Vendasta 14 years ago, we had a lot of decisions to make. One of those decisions was where to locate and incorporate our company. Not all of us lived in Saskatchewan and this was a serious debate. Other jurisdictions offered advantages: More technology companies, larger populations, proximity to venture capital, supportive tech ecosystems and milder weather,” said Brendan King, Vendasta CEO and co-founder. “Ultimately we choose Saskatchewan. We chose it for the standard of living, the two-song commute, the quality of our university graduates and for the grit and determination of the prairie people. Most of all, we chose it because Saskatchewan is our home and we wanted to be a part of the technology future of our province.”
The company was previously housed at Avenue Building at 220 3rd Avenue South, and has now officially made the move to its new headquarters at 22nd Street and 4th Avenue North – occupying the 12th through 17th floors. The move began in 2019, and was slowed by the COVID-19 pandemic. During that time, Vendasta has grown its team from 400 employees to 700, acquired two companies and completed a $119.5 million financing deal.
The building will be renamed Vendasta Square once the signage is approved and installed.