Galvanize Austin sent an email to its members on August 17th to inform them it is closing its coworking operations on August 31st.
“I’m reaching out to inform you that Galvanize has made an immensely tough decision to sunset our coworking operations in Austin,” Lindsey Rohde, senior director of campus operations, wrote in an email to Galvanize members.
“This means our doors will be closing on Wednesday, August 31, 2022,” according to Rhode. “Galvanize is proud to continue serving students through our remote online Galvanize and Hack Reactor programs.”
“We fully acknowledge the sudden nature of this news; with that, we ask that you show our staff kindness through this transition,” she said.
Galvanize opened its Austin campus in the Northshore building at Second and Nueces It occupies three floors and has been home to dozens of companies. It offered coworking for $275 a month for open seating and $475 for a reserved desk and private suites for $650 a month. It offered members conference rooms, weekly mentors and workshops, free coffee, and snacks. It also rented offices to entire companies. In fact, Michael Lam and Ben Rubenstein started Opcity at Galvanize and later moved to larger headquarters and sold the company to Realtor.com.
Some of the companies currently based at Galvanize include Silicon Hills News, Kronologic, Lumen Insurance Technologies, Axiacore, and Steve Ward Media.
Galvanize, founded in 2012, has also been home to Hack Reactor programs and its instructors have taught students how to become coders and data scientists. In 2018, Galvanize bought San Francisco-based Hack Reactor, making it one of the largest coding programs in the country.
In January 2020, K12, a publicly traded learning company based in Herndon, Va., bought Denver-based Galvanize for $165 million in cash. At that time, Galvanize had eight campuses nationwide including Austin, Boulder, Denver, New York, Phoenix, San Francisco, and Seattle.
Galvanize is also shutting down its Seattle location at the end of the month, according to a story in Geekwire.