Birmingham-based Harmony Venture Labs, a venture studio that aims to launch and cultivate high-growth startups has unveiled its first studio venture, CoWello.
CoWello is an all-in-one space management platform that aims to help business owners get the most out of their wellness center space. The tool enables space owners to operate their businesses through an operations dashboard that facilitates flexible booking options, inventory management, integrated billing and payments and multi-location management. CoWello was created by a team that has developed business to business software as a service technologies serving the mental and behavioral health industries. Its founders also have experience creating products and services that provide tangible value for customers.
"The wellness and shared-space industries are growing at an increasing rate, and we discovered an unmet need we wanted to help solve," said Shegun Otulana, founder of Harmony Venture Labs. "CoWello meets this need by creating new revenue opportunities from unused rooms within shared wellness facilities and boutique fitness studios."
Harmony Venture Labs was founded by Otulana in 2020 and is specializing in creating new ventures as well as helping founders build their own. By generating new solutions and supporting entrepreneurs, HVL's goal is to foster an ecosystem of empowerment and economic opportunity within the community.
"Our team has a wide breadth of experience and a strong personal passion for supporting wellness in its many forms," said Oz Imaghodor, entrepreneur-in-residence at CoWello. "I'm excited to see how CoWello makes a tangible impact for those running businesses in the wellness community."
