WILMINGTON – One of the most highly regarded startups in the U.S. is going to build a technology hub in Wilmington and is bringing jobs paying an average of $120,000 a year with it.

Suzy, a real-time market research technology firm, announced its expansion decision early Thursday.

The startup will open the office in November. It is leasing space at 319 N. Third Street in Wilmington.

Wilmington’s tech boom: Opportunity is the magnet for the homecoming at the coast

It’s the second big paying jobs announcement for the Wilmington area in the past few weeks. Software firm Vantaca plans on creating 100 jobs paying $80,000, it announced Sept. 28.

Crunchbase describes Suzy as “a technology platform that harnesses collective insights from millions of consumers worldwide to deliver real-time intelligence.”

Suzy, which is based in New York, has raised more than $100 million in venture capital, Crunchbase says.

Among its investors is NBA star Kevin Durant, according to Forbes. 

William Mansfield, chief technology officer of Suzy, lives in Wilmington.

“The old-fashioned way of focusing on volume and size as the primary driver for success is over. To build a company in today’s age, one must focus on quality,” said Mansfield in a statement. “Our new office in Wilmington will provide the foundation for our hybrid workforce to grow without sacrifice. I am excited to bring Suzy’s excellence to Wilmington and provide what we all desire: a hybrid workplace that cares about work-life balance. Wilmington has a uniquely talented workforce in place and offers an exceptional quality of life for those who are lucky enough to live here. And once you’re here, you don’t really want to leave.”

Forbes has called Suzy one of the best startup employers in the U.S.

Software firm bringing 100+ jobs paying $80,000 to Wilmington

“I am thrilled that Suzy has selected Wilmington for its office expansion,” said Natalie English, CEO of the Wilmington Chamber of Commerce. “The lower Cape Fear region maintains a talented and diverse workforce combined with an outstanding quality of life and robust infrastructure network that continues to attract global companies and the top talent they need to succeed. Collaborative economic development efforts from organizations like WBD, WDI, the Network for Entrepreneurs in Wilmington (NEW), and the Center for Innovation and Entrepreneurship (CIE) also help to make our community an attractive location for relocation and expansion.”

Jim Roberts, founder of NEW, added: ” “I am grateful that William chose to grow his Suzy tech team in the Cape Fear region.  This is such an exciting development for our local economy to add these high-profile tech jobs with great salaries and benefits.”

Read the full announcement online: