Simply six months in the past Gyvr was an concept thrown out throughout a planning assembly. Now, the enterprise hub for eCommerce firms 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 everywhere in the US, however calls Utah his residence. In 2020, Oborn co-founded a yard various actual property funding firm based mostly in California referred to 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 basic contracting firm that got here out of the wants of Sponsr, a Utah-based youth fundraising group.
In January, the Gyvr staff brainstormed how one can discover extra leads for enterprise. On the time, they have been trying to find, and struggling to seek out, warehouse area, Oborn threw out the concept of a shared warehouse and co-working area. As a basic contracting firm, the staff realized that most of the subs they labored with wanted extra storage and warehouse area. After working projections, Oborn and his co-founders, Matt Cohen and Taylor Seipert, realized a necessity for shared warehouse area for starting contractors and eCommerce firms in Utah Valley.
In February the staff flushed out their concepts and in March they began elevating funds. In early April the staff discovered a facility in Lehi and in August they plan to be totally operational.
“Gyvr Hub exists to assist, simplify, assist, and scale different small companies,” explains Oborn.
The co-working area for contractors and startup eCommerce firms gives 22 non-public places of work, a co-working area, pallet storage, shelving, roughly 35 warehouse spots, a sport room, a snack bar, and occasion area. The ability additionally gives excessive docks that may settle for shipments and an open warehouse area conducive to networking and collaboration between firms. The area is “actually match for constructing companies, which is our complete aim,” says Oborn.
Gyvr has been funded by Angel buyers, household, and associates, elevating $430K in March after which an extra $500K later within the yr. The funding has gone in the direction of startup prices.
The area already has a large number of firm shoppers, together with contractors, a concrete hearth producer, an eCommerce lighting firm, a woodshop, a development 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. “Although we began Yard Estates out of Utah, we principally did the whole lot in California, so I by no means had an opportunity to expertise the community, advantages, and entrepreneurial, startup tradition in Utah,” says Oborn. “After 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 variety of connections, a variety of highly effective networks, and a need to assist one another, which might be the most effective a part of Utah.”
To harness that dynamic community and collaboration tradition, Oborn created Gyvr Stack. Gyvr Stack is a collection of companion companies leveraging the place of the entire area to get inexpensive and discounted charges for the entire small companies and shoppers within the Gyvr Hub. The “Stack” permits for the area to function a real enterprise hub and initiator of development.
Gyvr has partnered with Yard Bookkeepers, providing discounted bookkeeping companies, Blueprint Authorized, which gives a reduced month-to-month subscription to authorized companies and recommendation, and Flex Accounting Options, who gives discounted tax companies and CFO companies. The “stack” additionally consists of partnerships with Flooring and Decor, Sensible Energy and Engineering, Buyer Faucet for search engine optimization companies, and a success firm. Gyvr will proceed so as to add extra companies and partnerships, together with web site growth, worker advantages, HR, financing, discounted provides and instruments, and extra.
On prime of those companies, Gyvr Stack additionally gives an in-house CRM and a secretary.
“Quite a lot of contractors and blue collar firms spend $3000 to $4,000 simply to rent a secretary,” explains Oborn. “Quite a lot of occasions they do it throughout the household as nicely, which has its personal distinctive challenges. With us, you could have a shared useful resource with one secretary who can settle for calls effectively due to our inner methods and CRM for six firms all of sudden.”
The Gyvr Stack is obtainable to all shoppers in a three-tiered enterprise mannequin. The starter package deal for Gyvr is $250 per 30 days and gives 24/7 entry, Wi-Fi, Community occasions, Discounted enterprise companies, transport and receiving, fundamental CRM Entry, and some different fundamental 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 nicely.
“I need to present an area for shoppers to work and run their enterprise, and likewise the instruments for that staff to develop their enterprise, to essentially construct one thing,” says Oborn. “Our complete ethos is constructing companies.”
https://www.techbuzz.information/the-gyvr-hub