Wednesday, November 28, 2012
Posted by: Maggie Reber-Wynn
FOR IMMEDIATE RELEASE
BUILDING ENTREPRENEURIAL DENSITY IN DENVER: GALVANIZE OPENS ITS
DOORS, LAUNCHING A NEW MODEL THAT IS PART VENTURE CAPITAL, PART
COWORKING, PART CODE SCHOOL
DENVER (October 29, 2012) – On October 29, 2012, Galvanize opens a 30,000 square
foot space for digital startups in the Rocky Mountain Bank Note Building at 1062 Delaware Street Denver, CO 80204. This week over one hundred of Galvanize’s first members moved into the facility, housing some of Colorado and the nation’s hottest tech startups like Uber, Roximity, GoSpotCheck and Forkly, and include "honorary members” that provide mentorship that include TechStars founders Brad Feld and David Cohen, and other seasoned entrepreneurs like Luke Beatty, the founder of Associated Content. The first Galvanize facility will accommodate more than 300 individuals and approximately 60-70 startups once fully operational.
Galvanize is a platform to help launch breakout companies, and it combines early stage
venture capital, flexible workspace, and an experiential engineering and entrepreneurial curriculum called gSchool. Galvanize uses capital, community and curriculum to lay the foundation to help build upon Denver’s thriving entrepreneurial community.
"An entrepreneurial renaissance is taking shape in Denver and other communities around the world, and we want to help fuel it here in Denver,” said Jim Deters, Founder of Galvanize. "The millennial generation driven by a lack of jobs and technology ubiquity creates a perfect storm for disruption - we want to support and fuel the next generation of innovators and the companies that they will create. "
The facility itself is designed to accommodate the entire startup lifecycle with shared
communal space, dedicated permanent desks, and suites for companies gaining traction
and scaling. The space itself is a beautiful restoration of a national historic building that is outfitted with Knoll workstations, redundant high-speed fiber internet, conference rooms, phone booths and media sprinkled throughout.
"We address the continuum for startups, from one person with an idea, to small teams of two and three, as well as companies that are growing from six to about 30
employees,” said Deters. "We created an inspiring space designed for productivity and
serendipitous meetings and cross-community interactions.”
When fully operational, Galvanize expects sixty to seventy companies to be working in the Rocky Mountain Bank Note Building facility. Some of Denver’s hottest tech startups call Galvanize home and include the following:
● Uber: Uber is everyone’s private driver. Request an Uber car from anywhere at any
time. Tell them where you want to be picked up. On the iPhone and Android apps, set your pickup location on the map. www.uber.com
● ROXIMITY: ROXIMITY delivers relevant offers and alerts based on your location and
your preferences. Lunch time? Receive an offer as you pass by that place you
● Active Junky: Active Junky is a social shopping community for outdoor sports
enthusiasts that provides members exclusive cash back savings at both online and local
brick and mortar stores like REI, Backcountry.com, Patagonia and EMS.
● Forkly: Forkly is a beautiful way to discover and share dining tastes. It has also
been featured as "App of the Week,” chosen in the "Top 5 Apps of 2011” in the U.K. App Store, and added to "Essential Apps for Foodies.” www.forkly.com
● GoSpotCheck: GoSpotCheck enables businesses to get local level intelligence
faster and better. www.gospotcheck.com
● SupportLocal: SupportLocal is a social network to give and get local
recommendations from the people you know and trust. For small businesses, SupportLocal is a social marketing product to attract and retain customers. www.supportlocal.com
● Knoll: Knoll is recognized internationally for creating workplace furnishings that
inspire, evolve and endure. Galvanize will serve as Knoll’s center for innovation and Denver showroom.
● Manta: Manta is a tool that helps small businesses profit, connect and grow through
the largest online community dedicated entirely to small business. Millions of people come to Manta each day to buy from, partner with and connect to companies. www.manta.com
● Ninety Plus Coffee: Ninety Plus is a coffee producer and developer in Panama and
Ethiopia focused on processing and flavor profile innovation. www.ninteyplus.com
● Rentbits: Rentbits is set out to build scalable marketing and syndication solutions for
the rental market. Today, Rentbits offers marketing, tracking and reputation management tools for thousands of advertisers and search solutions for millions of renters across the United States. www.rentbits.com
"Success for entrepreneurs means surrounding yourself with the right people. Galvanize
puts our startup in front of the right people in a manner that is both functional and
inspirational,” said Justin Sanger, CEO and Founder of SupportLocal.
Among the permanent desk companies is a Denver-based startup called Choozle that
launched their new site, www.choozle.com, on Monday. "We are stoked to be a part of
something special here in Denver - the freshman class of Galvanize!,” said Andrew Fischer, Founder of Choozle. "This is a true community, and we look forward to contributing to help all of the amazing startups reach the next level.” Fischer adds, "Oh yeah, this is the COOLEST place to work in Denver.”
The mission of Galvanize is to create a community that is larger than the sum of its parts and create a center of gravity for startup activity in Denver. To support its community, Galvanize is bringing together successful Denver tech veterans and community leaders through its "honorary member” and mentorship program. Successful entrepreneurs, venture capitalists and community leaders including: Brad Feld, David Cohen, Nancy Phillips, Joseph Zell, John Raeder, Andre Durand, Bart Lorang, Jon Nordmark, and Luke Beatty are among this elite group that will hold monthly or quarterly office hours for Galvanize members.
"When you get all the energy and passion of startups under one roof, really amazing things happen,” said Andre Durand, Chairman and CEO of Ping Identity. "Galvanize is an
incredible facility for tech startups. You can feel the energy the second you enter the door, and the entrepreneurs have just started to move in. I predict this is going to be a game changer for the Denver tech community.”
Luke Beatty, founder of Associated Content and currently Entrepreneur In Residence at
TechStars, added, "I think the value of a network of mentors centers around the filtering of ideas and connecting entrepreneurs with partners, customers, investors and potential employees. It is about supporting risk takers, so they can execute and move quickly."
Galvanize is also integrating local and national firms into the community that provide
valuable services to the resident companies. One of the first strategic partners is Silicon
Valley Bank, the premier bank for technology and venture capital. SVB has twenty-seven offices and six international offices providing unmatched finance and banking services and an extensive global network. "We love the energy and philosophy Galvanize brings to Denver. SVB’s mission is to help innovative companies succeed, and we view this support as one step of many in helping to fuel the next generation of innovators,” said Mike Devery, Market Manager – Rocky Mountain Region. "We also believe Galvanize’s effort will have a significant impact on Denver’s national status as a start-up city.”
Lastly, Galvanize is announcing its experiential and community-based education platform called, gSchool (www.gschool.it). The first gSchool program is an intensive six month course designed to take individuals with zero experience and turn them into professional web developers. The class is created in partnership with Jumpstart Lab, a Washington, DC based firm led by Jeff Casimir that runs Hungry Academy (www.hungryacademy.com) for Living Social. Jeff and his team are among the most experienced and recognized software development instructors in the world. Applications for gSchool are open now at www.gSchool.it and the first cohort begins January, 2013.
Galvanize creates an ecosystem for entrepreneurship through venture capital, community and curriculum. Galvanize launched its first 30,000 square foot collaborative workplace facility at 1062 Delaware on October 22, 2012, and is home to some of Denver’s hottest digital startups. The Galvanize facility is uniquely designed for collaboration and help companies at every stage of the startup continuum – one individual with an idea working in the shared space, a team of 3 working in dedicated stations, and suites for companies from ranging from 6 – 20+ employees. Galvanize is designed to support the development of fast growth digital companies through mentorship, seed financing and flexible space to innovate.
Contact: Chelsea Komlo 970-270-8047 firstname.lastname@example.org