About Coworker
Coworker is a company based in Toronto (Canada) founded in 2007 was acquired by The Instant Group in April 2022.. Coworker has raised $500 thousand across 1 funding round from investors including The Instant Group. Coworker operates in a competitive market with competitors including LiquidSpace, Estie, Deskimo, ShareDesk and Tandem, among others.
- Headquarter Toronto, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Angel Round
Oct 17, 2016
- Investors
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Employee Count
Employee Count
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Acquired by
The Instant Group
(Apr 06, 2022)
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Funding Insights of Coworker
Coworker has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $500 thousand completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $500,000
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First Round
First Round
(17 Oct 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Angel Round - Coworker | Valuation |
investors |
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| 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 |
Investors in Coworker
Coworker has secured backing from 1 investor. Prominent investors backing the company include The Instant Group. 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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Provider of serviced spaces
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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 Coworker
| 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 |
Financial Statements - Coworker
| 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 |
Coworker Comparisons
Competitors of Coworker
Coworker 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 LiquidSpace, Estie, Deskimo, ShareDesk and Tandem, 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 |
Online marketplace to rent office space
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| domain | founded_year | HQ Location |
Commercial office spaces are searched through an AI-driven marketplace.
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| domain | founded_year | HQ Location |
Workspaces are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Flexible workplaces are discovered and booked by mobile professionals globally.
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| domain | founded_year | HQ Location |
Hybrid teams are matched with co-tenants through an office-share platform.
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| domain | founded_year | HQ Location |
A global marketplace for curated co-working spaces is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Coworker
Frequently Asked Questions about Coworker
When was Coworker founded?
Coworker was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Where is Coworker located?
Coworker is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Coworker a funded company?
Coworker is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Angel Round of $500K, raised on Oct 17, 2016.
What does Coworker do?
Founded in 2007 in Toronto, Canada, Coworker operates in the co-working sector through its domain coworker.com. An online platform is provided where spaces can be listed for free by owners and searched by users based on location, time periods, and amenities. Bookings, tours, and reviews are facilitated for space seekers. Revenue is generated via monthly subscription plans for enhanced features.
Who are the top competitors of Coworker?
Coworker's top competitors include Estie, LiquidSpace and Tandem.
Who are Coworker's investors?
Coworker has 1 investor. Key investors include The Instant Group.