A taxi dispatch software provider, which was acquired by Uber in 2020, is to create up to 200 jobs by 2025 after it relocates to a Manchester city centre landmark office building.
Autocab has signed a deal to move from Cheadle Royal Business Park to No.2 Circle Square.
The business has taken 20,000 sq ft of workspace and will join the likes of global technology provider Hewlett Packard Enterprise, multinational construction technology supplier Hilti and professional services firm Accenture.
The move comes after a deal to acquired the cloud-tech business was announced by Uber in August 2020 and was subsequently cleared by the CMA.
Over the last five years, Autocab’s SaaS revenue has increased by 400% and its headcount has risen by 30%.
Chief executive Safa Alkateb said: “We have some exciting growth plans, but we can only realise them if we can attract the industry’s best established and emerging talent.
“Circle Square will be a real draw with the fantastic workspace we’ll be able to create there, a thriving new community on our doorstep and being based right in the heart of the city region’s innovation economy.
Don’t miss a thing – sign up for your free North West newsletter – and follow us on LinkedIn
BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts.
You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we’ll send out breaking news alerts for any stories we think you can’t miss.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
For all the latest stories, views, polls and more – and the news as it breaks – follow our BusinessLive North West LinkedIn page here.
“Circle Square aligns with our ethos to be able to create, innovate and network with like-minded businesses. We also needed a base which represented our inclusive culture and company values.
“We cannot wait to be able to establish ourselves here by attending, and hosting, some great events which continue to build up our network.”
Autocab was founded 30 years ago by Falah Abod and provides technology for the taxi and private hire industry, connecting them to trips using its iGo platform.
Bradley Topps, commercial director, Bruntwood SciTech, added: “Our ambition for Circle Square has been to provide a space for global innovators to come together in one highly-connected space, so Autocab’s move is an exciting development in its early days.
“The neighbourhood offers a rare opportunity to establish a home in the heart of Manchester’s Oxford Road corridor, providing access to emerging talent and connections with universities of global pedigree and their R&D and spin-offs.
“As a true Manchester success story going from strength to strength on the world’s stage, we’re particularly proud to welcome Autocab to their new home at No.2 Circle Square.”