Birmingham Entrepreneur Who Previously Sold A Company For $1.2B Sets His Sights Even Higher

by | Jan 11, 2024

“Founder Shegun Otulana is using his big win to transform Birmingham, AL.

The post Birmingham Entrepreneur Who Previously Sold A Company For $1.2B Sets His Sights Even Higher appeared first on AfroTech.

Otulana became acclimated with the city after moving from Nigeria in 1998 to study engineering and management information systems, ComebackTown reports. After completing his education, he pivoted from student to founder by starting a computer software company.

By 2013, his name was attached to TheraNest, a new company he started to aid mental and behavioral health providers. Seven years later, its parent company, Therapy Brands, sold for a whopping $1.2 billion.

After reaching the milestone, he decided to dedicate his next step toward focusing on scaling startups in Birmingham to boost the city’s economy. Thus, Harmony Venture Labs (HVL) became his next brainchild.”

By Samantha Dorisca

RELATED POSTS