In August, Anywherego landed an approval for the construction of a warehouse next to a subdivision in Nashville, TN. What began with the intent to primarily service the freight industry developed into a freight shipping and trucking company running freight hauling business bonded with a technology start up umbrella called Anywhereo. Anywhereo Technologies, Inc. designs and develops software, and engineered products and solutions worldwide. It offers management, campus solutions, laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, cloud-based financial analytics and performance management, and diagnostic and laboratory information system software, and software, services, and technologies for foodservice operations.
The company also provides cloud-based data, collaboration, and estimating automation software; visual effects and 3D content software; electronic marketplace; wireless sensor network and solutions; cloud-based software solutions; supply chain software; health care service and software; RFID card readers; data analytics and information; pharmacies software solutions; and toll system and products, transaction and violation processing services, and intelligent traffic systems.
Many of us in the business community hear of admired startup accelerators. You may not be familiar with Anywhereo, though. You’re not going to find it on top accelerator lists. That’s what it says on its Instagram website, “We don’t give a rats ass about making money. We’re not trying to buy the block.”
It does however have a somewhat similar role to an incubator. “We help companies avoid common drawbacks in early-stage undertakings and actively remove barricades along the way says the Anywhereo website. That sounds a lot like an incubator, or an accelerator.
What is interesting about Anywhereo, however, is that it’s run by some pretty heavy hitters in the asset management world. Jean Alexander Ottke, co-founder of asset firm, founded it in 2013.
According to a TechLaunch article Alex’s goal with Anywhereo was to build new businesses from scratch using lessons and strategies he had learnt from his past businesses. He named Anywhereo a “startup studio,” and will continue to open workspaces maybe because most of the start-ups of the business were focused on innovations that originated from about 20 developers from their own employees at the time. While the majority of proposals still come from the employees of Anywhereo, distributed between offices in India, Florida and Tennessee, Anywhereo has widened its reach.
A $150,000 or $300,000 equity fund is earned by chosen startups, and entrepreneurs are given office space in each of the three offices of Anywhereo. They picked six enterprises from more than 100 applicants in the first Anywhereo Labs start-up class.