HVL is an entity whose goal is to create other companies, specifically B2B SaaS (software as a service) products.Īccording to Shegun, over the next 10 years, “Our goal is to launch 40 new startups in Birmingham– with an aggregate value in the billions of dollars.” To do that, he founded Harmony Venture Labs (HVL). He has a real love for Birmingham and his goal is to take the lessons learned from founding TheraNest and Therapy Brands to build Birmingham’s economy. In May of 2021, he sold Therapy Brands, TheraNest’s parent company, for $1.2 billion.
#Shegun scannerz software#
Then in 2013, he founded TheraNest, a software solution for mental and behavioral health providers. Shortly after graduation, he started Zertis, a computer software company. Shegun moved to Birmingham in 1998 from Lagos, Nigeria, to attend UAB, where he studied engineering and management information systems. Having heard him speak, I’m excited for him, his employees, and especially Birmingham. Meet Shegun Otulana–a man on a mission to transform Birmingham. Yes, it’s true this man will likely make even more money, but that’s not the point, He’s committed to investing his time, energy, and capital locally when it might be easier to do elsewhere. He did make a lot of money, but the real story is that this man plans to build multiple businesses that will create many much needed high paying jobs.īirmingham and Jefferson County have struggled for decades to attract fast growing companies to expand our employment base.
When you read this column, you may think it’s about a successful entrepreneur selling his business and making a lot of money.
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