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Incubator/Accelerator
FINANCIAL | Investment Firms & Funds
coplex.com

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Founded Year

2000

Stage

Series A - II | Alive

Total Raised

$5M

Last Raised

$2.5M | 2 yrs ago

About Coplex

Coplex is a venture builder that partners with entrepreneurs and corporate innovators to solve big industry problems using technology.

Coplex Headquarter Location

515 E Grant St

Phoenix, Arizona, 85004,

United States

480-248-8261

Latest Coplex News

Company seeks tax incentive for Louisville sports complex

Aug 24, 2020

Share this: PUBLISHED: | UPDATED: August 24, 2020 at 4:22 p.m. A local firm is seeking a package of tax and fee incentives from Louisville to build an indoor sports complex in the Colorado Technology Center business park. The COplex LLC, an entity registered by Sharon Rhatigan to a Boulder post office box, plans to focus on basketball and volleyball facilities and has identified a roughly 23,000-square-foot property at 1776 Boxelder St. as a potential location for the complex, according to a memo from Louisville’s economic vitality office. “The COplex LLC hopes to reach agreement on the proposed space in the very near future to meet its opening timeline,” which anticipates a late summer 2021 opening, the memo said. The company, owned by Sharon and Kyle Rhatigan, plans for $4.1 million to $4.3 million in capital costs to get the complex off the ground and is seeking $18,720 in building permit fee rebates, $64,500 in construction use tax incentives and a $6,000 reduction in consumer use taxes. “Based on estimates, the city will receive $212,640 in new revenue from the fees and taxes” should the project come to fruition, city documents show. The agreement is void if the complex is not built by Jan. 31, 2022, or if the business does not remain in Louisville for at least seven years. The Rhatigans could not be reached for comment Monday. According to Louisville city documents, COplex could employ between 5 and 15 full-time employees and between 50-100 part-time employees with a total annual payroll of $400,000 to $600,000. A resolution to approve the business assistance agreement will be considered Tuesday by the Louisville City Council. © 2020 BizWest Media LLC

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Expert Collections containing Coplex

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Coplex is included in 1 Expert Collection, including ad tech.

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