A New York-based company is betting that its new Richmond office will translate into future growth around Virginia.
TransPerfect, which offers language translation services through both human translators and software, planted its flag in July at 313 E. Broad St. in the downtown outpost of regional coworking chain Gather.
The office will serve as a Virginia hub for TransPerfect Legal Solutions, a division of the company focused on forensic analysis, data collection and other services for corporate legal departments. The office also handles language services.
TransPerfect currently has a three-person team within Gather and plans to have eight to 10 locally-based employees within a year-and-a-half, which is about the time it could look into a more permanent commercial space, TransPerfect Legal Solutions Director Stephen Wilkes said.
As TransPerfect’s local presence grows, it plans to expand its operations into Hampton Roads and the western part of the state. The company wants to add project managers, data analysts, salespeople and client service managers to its local team.
The coworking space comes as the next evolution of the company’s local presence, though it had already been doing business with clients in the Richmond area.
In June 2019, Wilkes began to work remotely from Richmond after a stint in D.C. He pitched his higher ups on the idea of a bigger Richmond-area presence to better handle a growing local client base.
“It was a region that was able to be managed by our Washington, D.C. office. Never having boots on the ground or a local contact person I think in some ways made it hard to reach (the market’s) full potential,” Wilkes said. “It’s gotten to a level where it makes sense for the company to invest here.”
TransPerfect’s main headquarters is in New York and it has regional headquarters in Hong Kong and London. The company has thousands of employees in offices in more than 100 cities globally.