Shegun Otulana Joins Founders Board of Advisors

Founders Advisors is pleased to announce the addition of former client and successful software entrepreneur, Shegun Otulana, to its Board of Advisors.

“We are honored to have Shegun join our Board of Advisors,” commented Duane Donner, Founder & CEO of Founders Advisors. “With his extensive knowledge and experience in the software industry and the broader technology ecosystem, Shegun brings a unique perspective to our business that will be invaluable as we continue towards our vision of ‘becoming the Gold Standard.’ We’ve seen firsthand how he thoughtfully builds successful businesses and look forward to his insight and contributions on how to serve our clients better and intentionally grow our firm.”

Shegun is a distinguished entrepreneur, advisor, mentor, and investor dedicated to empowering the next generation of innovators. In 2013, he founded TheraNest, a leading software platform for mental health, behavioral health, substance abuse, and physical rehab providers and organizations. Founders had the privilege of working with Shegun in TheraNest’s 2018 recapitalization that led to the formation of its parent company, Therapy Brands, which continued to consolidate and develop software helping practitioners serve their patients better and more effectively.  Under his leadership, the company achieved the largest software exit in Alabama in 2021.

Currently, Shegun serves as the Founder and CEO of Harmony Venture Labs (HVL), an incubator focused on building and enabling high-growth startups in the Birmingham area.  HVL has launched and invested in several software businesses where Shegun currently serves in roles ranging from CEO to strategic advisor. Alongside his wife, Mary, he also founded Blight Free Birmingham, an organization that renovates abandoned homes and rents them to families, making homeownership possible through a rent-to-own program. In 2019, the Otulanas donated $1 million to UAB to establish the “Shegun and Mary Otulana Endowed Scholarship” which provides annual tuition support for an international student and an underrepresented student. Shegun and Mary have four wonderful children and are pillars within the Birmingham community.

Shegun’s expertise and innovative approach will be instrumental in guiding our team here at Founders as we continue to expand and excel in our industry.