ABQ-based startup to open Miami office to better serve fast-growing South American markets
Lavu Inc., the rapidly growing Albuquerque startup, has opened an “expansion office” in Miami, company President Ohad Jehassi said Tuesday.
The office opened this month — its first expansion in the United States. Jehassi said the number of employees hired for the new office will be “based on the talent we find.”
The company last year opened an office in India.
Lavu, which began in 2010, developed software that allows restaurants and hotels to conduct their business on mobile devices such as tablets and smartphones. With Lavu’s system, restaurants and hotels integrate all front- and back-end operations.
As of June, the company employed about 120 people, most of whom work out of its Downtown headquarters in the Theater Building at Central Avenue and First Street.
Jehassi said additional offices are planned to service the company’s explosive growth.
Lavu has sales in 89 countries, but the fastest growing region is South America.
Opening an office in Miami allows the company to take direct flights to those customers, Jehassi said.
He said the company has no plans to downsize its Albuquerque operations, although it has had its share of problems at its Downtown headquarters.
Jehassi sent a letter in June to Gov. Susana Martinez and Mayor Richard Berry threatening to leave Downtown and potentially the state because of the “marked deterioration in the safety and security of the downtown Albuquerque area.”
After a meeting with city officials, Jehassi told a local TV station that he was optimistic the administration would work to improve safety.
Berry responded with a crimefighting plan that promised a greater police presen=ce, better graffiti control and trash cleanup and connecting people with services to deal with homelessness, substance abuse and mental health issues.