Business News

FDI of the Month January 2024: Tegus opens EMEA headquarters in Waterford

By Business & Finance
02 February 2024
A photo of Waterford City

Tegus, the end-to-end research platform for investors, celebrated the official opening of its EMEA headquarters at the IDA Business & Technology Park in Waterford, Ireland, on January 25th. The company is our FDI of the Month, January 2024.

End-to-end investor research platform Tegus this month celebrated the opening of its EMEA heaquarters, located in the IDA Business & Technology Park in Waterford.

Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary TD said: “It’s really encouraging that companies such as Tegus continue to choose Ireland for growth and as a base for their EMEA market headquarters. Our strategic geographic location allows international teams to service both local EMEA markets and their US client base, fostering growth on both sides of the Atlantic.

“Tegus is a very welcome addition to the tech cluster in the Southeast region and I have no doubt that they will continue to grow on the strength of the fantastic talent available in the region. I’d like to wish the team at Tegus every success in their new EMEA HQ in Waterford.”

Since opening its first EMEA office 2021, the company has created more than 50 jobs in Ireland.

The new location will facilitate the expansion of global content and deeper datasets, allowing the company to better support local customers as well as the growing number of international users already on the platform.

By moving to a more prominent location for its EMEA HQ, the company hopes to signal its commitment to serving investors within and outside of the United States.

Co-founders and twin brothers Thomas and Michael Elnick are excited to expand this mission beyond the US footprint.

“I am thrilled to announce the opening of our new office space for Tegus EMEA HQ in Waterford, Ireland,” said Michael Elnick.

“This strategic move not only deepens our commitment to the region but also positions Ireland as a key hub in seamlessly connecting with our European clients.”

CEO of IDA Ireland Michael Lohan said: “Back in 2021, Tegus announced the South East as the destination of its first location outside of North America. We thank them for that decision and wish the team continued success as they build their team at their EMEA HQ in Waterford.”

Tegus is continuing to hire across the areas of Business Development, Customer Success, Operations, Sales, and People Management.

Read More FDI Of The Month

December 2023: Verizon 

November 2023: Stryker Ireland

October 2023: NETGEAR

September 2023: Dell Technologies

August 2023: Abbott

July 2023: Charles River Laboratories