Galvanize is closing its Austin coworking site on August 31

Galvanize Austin sent an email to its members on August 17 informing them that it is closing its coworking operations on August 31st.

“I am contacting you to inform you that Galvanize has made an extremely difficult decision to end our coworking operations in Austin,” Lindsey Rohde, senior director of campus operations, wrote in an email to Galvanize members.

“This means that our doors will close on Wednesday August 31, 2022,” according to Rhode. “Galvanize is proud to continue to serve students through our online distance learning programs Galvanize and Hack Reactor.”

“We fully recognize the sudden nature of this news; with this, we ask that you be kind to our staff through this transition,” she said.

Galvanize opened its Austin campus in the Northshore Building at Second and Nueces. It occupies three floors and has housed dozens of businesses. It offered coworking for $275 per month for open seating and $475 for a reserved office and private suites for $650 per month. It offered members conference rooms, mentors and weekly workshops, free coffee and snacks. She also rented offices to entire companies. In fact, Michael Lam and Ben Rubenstein started Opcity at Galvanize, then moved to a bigger headquarters and sold the company to Realtor.com.

Some of the companies currently based in Galvanize include Silicon Hills News, Kronologic, Lumen Insurance Technologies, Axiacore, and Steve Ward Media.

Galvanize, founded in 2012, also hosted the Hack Reactor programs and its instructors taught students how to become coders and data scientists. In 2018, Galvanize purchased 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, Virginia, purchased 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 closing its Seattle location at the end of the month, according to a Geekwire article.