CoSolve aims to fill coworking-space void in Longmont

LONGMONT — The founders of the CoSolve coworking space in Longmont have so far allowed the business to fly under the radar a bit as they’ve worked out the bugs and gotten the space situated the way they want it.

But they’re making their first big publicity push this week as they host a launch party on Friday night in their new digs on the third floor of the former Times-Call newspaper building at 350 Terry St.

“We think we’re going to tap into a lot of need in the entrepreneurial community,” Loren Verville said in a phone interview Monday.

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Verville, who spent the last five years working at Silicon Valley Bank’s Broomfield office, started CoSolve with Archethought CEO Dixon Dick. Archethought is a technology-consulting firm that was already operating in the Terry Street building. CoSolve is being launched as a sort of spinoff from Archethought, but the hope is that the space takes on a life of its own.

CoSolve has just over 4,000 square feet of space, plus a 1,500-square-foot overflow area. The coworking space includes a large open area with tables and desks where members can come in and set up, as well as a couple of large conference and office rooms. Introductory rates include a $25 daily drop-in fee, $100 per month for 5 days per month, and $300 per month for a premium 24/7 membership. The facilities will also be used for events and meetings for various organizations.

CoSolve, which so far has seven members, is the second attempt at a coworking space in the former Times-Call building. Entrepreneur Terry Gold and a group of local partners opened Launch Longmont on the first floor in early 2015. But that venture closed earlier this year after delays to construction on expanded space on the second floor kept Launch Longmont from achieving profitability, Gold told the Times-Call at the time.

“CoSolve is kind of filling the void that Launch Longmont left when it was shut down, not for lack of demand as we understand,” Verville said.

CoSolve opened quickly at the start of June so it could serve as base camp for Longmont Startup Week. Verville is running the day-to-day operations while Dick focuses on leading Archethought.

Like the Launch Longmont founders, Verville and Dick believe Longmont’s tech scene is ripe for a coworking space. Verville, who lives in Longmont, said he spent the past couple of years volunteering for Longmont Startup Week and wanted to get more involved with the local startup community.

“I was kind of surprised at the entrepreneurial energy that is here in Longmont, the place that I live,” Verville said.

CoSolve’s launch party is at 6:30 p.m. Friday and is open to the public via online registration.