A lot has happened in Wisconsin’s early-stage space in the first half of the year. There were wins, and there were losses. So all things considered, has it taken a step forward or backward?
Two Milwaukee startups – Scanalytics Inc. and Lumanu Inc. – moved their headquarters out of Milwaukee earlier this year.
Scanalytics, which uses floor sensors and Internet of Things technology to analyze consumer behavior, in May landed a major contract with massive Chicago convention center McCormick Place – and moved its base to the Windy City as a result.
While it is moving its headquarters, Scanalytics is continuing to grow in Milwaukee, moving from a 3,500-square-foot office to a 10,000-square-foot facility. Most of its Milwaukee employees will remain, and chief executive officer Joe Scanlin plans to hire another eight to 10 employees in both Milwaukee and Chicago over the next few months as the company gears up for several major contracts.