UVU Business Resource Center Company Earns $500k Investment

Utah Valley University (UVU) alum Shane Murphy’s entrepreneurial idea Boostly earned a $500K boost destined to launch it into reality. His startup is an SMS marketing system for restaurants and seeks to help eateries by putting their text marketing on autopilot.

Murphy and his team applied for Y Combinator, a startup accelerator company that has helped advance companies including Airbnb, DoorDash, Dropbox, Quora, and Twitch. Y Combinator accepted his application for their three-month program.

“I don't think I got a lot of sleep [the night we were accepted]. I was just on cloud nine,” Murphy said. “Y Combinator is like Harvard for startups. It’s really an awesome opportunity for us at Boostly. It's opened doors in the broader network that would have been really hard for us to open up.”

Read full article at UVU News