Simply six months in the past Gyvr was an thought thrown out throughout a planning assembly. Now, the enterprise hub for eCommerce corporations and contractors has raised just below $1 million {dollars}, discovered an area, gained 22+ shoppers, deposits, or commitments, and plans to open formally on August eleventh, with a Grill and Chill networking occasion and open home from 11:30am-1:30pm.
Jordan Oborn has lived all around the US, however calls Utah his residence. In 2020, Oborn co-founded a yard different actual property funding firm based mostly in California known as Yard Estates with Adam Stewart. He left the corporate to Stewart in 2021 so he may keep in Utah. In August 2021, Oborn turned CEO of Gyvr, a normal contracting firm that got here out of the wants of Sponsr, a Utah-based youth fundraising group.
In January, the Gyvr workforce brainstormed methods to discover extra leads for enterprise. On the time, they have been looking for, and struggling to search out, warehouse area, Oborn threw out the thought of a shared warehouse and co-working area. As a normal contracting firm, the workforce realized that most of the subs they labored with wanted extra storage and warehouse area. After operating projections, Oborn and his co-founders, Matt Cohen and Taylor Seipert, realized a necessity for shared warehouse area for starting contractors and eCommerce corporations in Utah Valley.
In February the workforce flushed out their concepts and in March they began elevating funds. In early April the workforce discovered a facility in Lehi and in August they plan to be absolutely operational.
“Gyvr Hub exists to assist, simplify, assist, and scale different small companies,” explains Oborn.
The co-working area for contractors and startup eCommerce corporations provides 22 personal places of work, a co-working area, pallet storage, shelving, roughly 35 warehouse spots, a recreation room, a snack bar, and occasion area. The ability additionally provides excessive docks that may settle for shipments and an open warehouse area conducive to networking and collaboration between corporations. The area is “actually match for constructing companies, which is our complete aim,” says Oborn.
Gyvr has been funded by Angel traders, household, and pals, elevating $430K in March after which a further $500K later within the yr. The funding has gone in the direction of startup prices.
The area already has a mess of firm shoppers, together with contractors, a concrete hearth producer, an eCommerce lighting firm, a woodshop, a building firm, and extra.
When founding his first firm, Yard Estates, Oborn labored largely in California, which lacked the collaboration and networking he present in Utah. “Regardless that we began Yard Estates out of Utah, we principally did every part in California, so I by no means had an opportunity to expertise the community, advantages, and entrepreneurial, startup tradition in Utah,” says Oborn. “Once I handed my final firm off to my co-founder, I obtained linked into that world once more. It has been superior to be part of the dynamic Utah community. Lots of people most likely would name this a small market, however there’s a whole lot of connections, a whole lot of highly effective networks, and a need to assist one another, which might be one of the best a part of Utah.”
To harness that dynamic community and collaboration tradition, Oborn created Gyvr Stack. Gyvr Stack is a set of companion providers leveraging the place of the entire area to get inexpensive and discounted charges for all the small companies and shoppers within the Gyvr Hub. The “Stack” permits for the area to function a real enterprise hub and initiator of progress.
Gyvr has partnered with Yard Bookkeepers, providing discounted bookkeeping providers, Blueprint Authorized, which provides a reduced month-to-month subscription to authorized providers and recommendation, and Flex Accounting Options, who provides discounted tax providers and CFO providers. The “stack” additionally contains partnerships with Flooring and Decor, Sensible Energy and Engineering, Buyer Faucet for web optimization providers, and a achievement firm. Gyvr will proceed so as to add further providers and partnerships, together with web site growth, worker advantages, HR, financing, discounted provides and instruments, and extra.
On high of those providers, Gyvr Stack additionally provides an in-house CRM and a secretary.
“A variety of contractors and blue collar corporations spend $3000 to $4,000 simply to rent a secretary,” explains Oborn. “A variety of instances they do it inside the household as properly, which has its personal distinctive challenges. With us, you will have a shared useful resource with one secretary who can settle for calls effectively due to our inner programs and CRM for six corporations .”
The Gyvr Stack is obtainable to all shoppers in a three-tiered enterprise mannequin. The starter package deal for Gyvr is $250 monthly and provides 24/7 entry, Wi-Fi, Community occasions, Discounted enterprise providers, delivery and receiving, primary CRM Entry, and some different primary facilities. The Creator and Professional tiers provide extra entry and assist and particulars are listed on the Gyvr web site.
Oborn hopes Gyvr Hub might be greater than only a place to start out a enterprise. He sees it as a spot for collaboration and networking as properly.
“I wish to present an area for shoppers to work and run their enterprise, and likewise the instruments for that workforce to develop their enterprise, to actually construct one thing,” says Oborn. “Our complete ethos is constructing companies.”
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