The new spot for startups has approximately 40 paying members (individuals, teams, groups) so far, according to Kane. Four of SVL’s anchor startup tenants include: Kidizen, RetraceHealth, Divvy and Evolve – all Minnesota tech startups with traction.
“Our only focus is startups,” he says. “We’re looking for members that are investable with have high growth potential – those are our two requirements,” he explains, acknowledging that many are currently solorepenuers with such aspirations.
The scrappy space features 40 desks, 13 breakout offices and 2 larger conference rooms. Monthly pricing currently runs $200 for a single floating space desk, $325 for a fixed individual desk, and $1,000 for a small team startup (3-5); special event rentals can accommodate 150-200 people.
“My only concern is thinking about what to do once we outgrow this place,” Kane says.