Company Name: OverDrive
Location: Garfield Heights
Industry Sector: Technology
Company Profile: Serving a growing network of 73,000 libraries and schools in 88 countries, OverDrive delivers the industry’s most extensive digital catalog of ebooks, audiobooks, magazines, and other content through award-winning apps. The Libby reading app for libraries is one of Popular Mechanics’ 20 Best Apps of the Decade, while the student reading app Sora is one of TIME’s Best Inventions of 2019. Founded in 1986, OverDrive is based in Cleveland, Ohio, USA, and was named a Certified B Corp in 2017.
Company Website: www.overdrive.com
- Type of Project: Expansion
- Jobs committed: 75
- Jobs retained: 391
- Capital Investment: $424,648
OverDrive currently employs 400 staff – including 80 degreed librarians and educators – working with more than 73,000 libraries and schools worldwide. Fueled by accelerated growth in digital learning, OverDrive must grow its facility and increase its workforce.
OverDrive will expand its headquarters in Ohio, tied to its long-time home and its loyal workforce.
Technology (tech) is one of Ohio’s fastest-growing industries with workforce expertise and resources that support artificial intelligence, cybersecurity, IoT, and more. In Ohio, companies can operate at a fraction of the cost compared to coastal locations, including Silicon Valley and New York City, because Ohio’s lower cost of living leads to an overall lower price of doing business.
Team NEO and JobsOhio have supported OverDrive in past growth opportunities and are delighted to offer a workforce grant and an economic development grant for this expansion. This support ensures the company will hire workers in Ohio versus work-from-home positions outside the state.
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JobsOhio and Team NEO