About CommonDesk
CommonDesk is a company based in Dallas (United States) founded in 2012 was acquired by WeWork in January 2022.. CommonDesk has completed 2 acquisitions, including Method Dallas and THE GYM OF SOCIAL MECHANICS. CommonDesk offers products and services including Shared Desk, Private Offices, Team Suites, Conference Rooms, and Fiction Coffee. CommonDesk operates in a competitive market with competitors including WeWork, Industrious, Convene, Mindspace and Selina, among others.
- Headquarter Dallas, United States
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Common Desk, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Method Dallas
& 1 more
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Acquired by
WeWork
(Jan 25, 2022)
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Products & Services of CommonDesk
CommonDesk offers a comprehensive portfolio of products and services, including Shared Desk, Private Offices, Team Suites, Conference Rooms, and Fiction Coffee. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-access pass for shared workspaces and amenities
Dedicated spaces for teams up to ten people
Accommodates businesses of ten to fifty
Spaces for meetings and brainstorms with booking credits
Craft coffee service for members and visitors
Flexible areas for events and gatherings
Single-day entry for coworking or private use
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Funding Insights of CommonDesk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CommonDesk
CommonDesk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include WeWork. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Flexible office and coworking spaces are provided by WeWork globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CommonDesk
CommonDesk has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Method Dallas and THE GYM OF SOCIAL MECHANICS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Physical fitness center services are provided in Dallas since 2016.
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2016 | ||||
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Blogs on restaurants and cafes are produced and maintained.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CommonDesk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Commondesk Comparisons
Competitors of CommonDesk
CommonDesk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, Industrious, Convene, Mindspace and Selina, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for teams and individuals.
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| domain | founded_year | HQ Location |
Managed co-working spaces with conference rooms and amenities are offered.
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for users and landlords.
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| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
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| domain | founded_year | HQ Location |
IWG is recognized as a global leader in hybrid working solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Commondesk
Frequently Asked Questions about CommonDesk
When was CommonDesk founded?
CommonDesk was founded in 2012.
Where is CommonDesk located?
CommonDesk is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
What does CommonDesk do?
Common Desk is a company that offers an online platform for freelancers, startups, entrepreneurs and other to book co-working spaces in United States. The companies partners with location provider and managed the locations. It provides a collaborative like culture. In order to access the space the user needs to sign up to one of the membership package. The company offers membership package based on dedicated or shared desk option on a monthly basis.
Who are the top competitors of CommonDesk?
CommonDesk's top competitors include WeWork, Convene and Industrious.
What products or services does CommonDesk offer?
CommonDesk offers Shared Desk, Private Offices, Team Suites, Conference Rooms, and 3 more products and services.
How many acquisitions has CommonDesk made?
CommonDesk has made 2 acquisitions, including Method Dallas, and THE GYM OF SOCIAL MECHANICS.
Who are CommonDesk's investors?
CommonDesk has 1 investor. Key investors include WeWork.
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