Reeher Is Moving St. Paul Headquarters To Osborn370

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Higher education fundraising SaaS co. Reeher is relocating within St.Paul later this year.

Founder and CEO Andrew Reeher confirmed the move is planned for December 15th when Reeher will be leaving the Blair Arcade building on Selby Avenue and into 15,000 sq. ft. inside the Osborn370 on Wabasha in downtown St. Paul.

“We are committed, the lease is signed and we are deep in the design stage, it’s going to be a cool space,” Reeher says.

CBRE

“The motive of the move is to accommodate growth and to create the best possible work environment for our team,” adding, “We plan for continued strong growth ahead and expect to add between 10 and 20 to our team in 2018.”

According to LinkedIn, the company has grown 37% in terms of employees over the past two years to about 60 now, with a handful of current openings:
 

Senior Software Engineer
Reeher
St. Paul Full-time
New
Marketing Automation Specialist
Reeher
St. Paul Full-time
New
Sales Executive
Reeher
St. Paul Full-time
New
IT Generalist
Reeher
St. Paul Full-time
New


 

Reeher was formed in 2002 and specializes in software that for colleges and university’s to connect with and fundraise from donors and alumni networks.    The company raised ~600k way back in 2009, and after some time, went back to the market for $2.5m in debt funding from SaaS Capital this past year.

Since inception 15+ years ago, Reeher has grown up to serve an estimated 120+ college & university customers across the country; internal records show the firm reached approximately $7.5m in annual revenue year 2016, up from $4.4m the year prior.

Osborn370 is the new name of an old building currently experiencing a $20m renovation with aspirations of becoming the ‘tech hub’ of St. Paul — Minnesota’s second largest metropolitan city. Structural is an anchor tenant at Osborn370, a natural fit considering cofounder Scott Burns also owns part of the building. In June, OppSource confirmed its future at Osborn370.

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