About GoFloaters
GoFloaters is a Real Estate & Construction company based in Chennai (India) founded in 2017 by Srivatsan Padmanabhan and Shyam Sundar Nagarajan. Co-working spaces are booked through an on-demand marketplace platform. GoFloaters has raised $110.12 thousand across 2 funding rounds from investors including StartupTN, Loyal VC and Neeti Veeramani. Its chief executive, as recorded, is Shyam Sundar Nagarajan. Its website gofloaters.com draws about 17 thousand monthly visits. Its Indian entity Smbsure Business Solutions Private Limited reported revenue of ₹3.33 Cr. GoFloaters offers products and services including Coworking Day Pass, Meeting Rooms, Office Spaces, and Virtual Offices. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, Ondemand Marketplace and Office.
Company details
GoFloaters was established in 2017 in Chennai, India, within the co-working sector. An on-demand marketplace is maintained for reserving flexible workspaces. Space requirements are specified by users via WhatsApp, after which lists of registered options are provided for selection and booking. The website is also utilized for browsing and completing reservations directly.
- Headquarters Chennai, India
- Founders Srivatsan Padmanabhan, Shyam Sundar Nagarajan
- SectorsReal Estate & Construction
- Email••••••••
- Website gofloaters.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Smbsure Business Solutions Private Limited
- Date of Incorporation 19 May, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.33 Cr
FY 2025 · +31% YoY
- Net Profit₹1.2 Lakh
FY 2025 · 0% margin
- EBITDA₹1.7 Lakh
FY 2025 · 1% margin
- Total Equity Funding$110.12K (USD)
in 2 rounds
- Latest Funding Round$110.12K (USD), Seed
Oct 2022
- InvestorsStartupTN
& 4 more
Associated legal entities of GoFloaters
GoFloaters operates through Smbsure Business Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smbsure Business Solutions Private Limited CIN U74999TN2017PTC116609 | Active | 19 May 2017 | Chennai, Tamil Nadu | ₹3.3 Cr | 3 | View details |
Products & Services of GoFloaters
GoFloaters offers a comprehensive portfolio of products and services, including Coworking Day Pass, Meeting Rooms, Office Spaces, and Virtual Offices.
Service for booking daily coworking spaces on demand
Platform for hourly booking of professional meeting rooms
On-demand booking of flexible office rentals
Provision of business addresses for registration
Apps and channels of GoFloaters
its YouTube channel GoFloaters has 409 subscribers and 30 videos.
Videos from GoFloaters
The most watched videos on GoFloaters's YouTube channel, GoFloaters (409 subscribers). Click a video to play it here.
More on GoFloaters.
Funding Insights of GoFloaters
GoFloaters has successfully raised a total of $110.12K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $110.12 thousand completed in October 2022. 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 $110,118
- Total Rounds 2
- Last Round Seed — $110,118
- First Round $13,357
(Oct 2021)
- Investors Count 5
All 2 funding rounds of GoFloaters with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $110,118 | Seed | – | Loyal | |
| Oct 2021 | $13,357 | Grant | – | – |
5 investors in total: 2 institutional and 3 angel.
Investors in GoFloaters
GoFloaters has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include StartupTN, Loyal VC and Neeti Veeramani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A diversified evergreen venture fund is managed for accredited investors. | loyal.vc | Toronto, Canada | ||
Potato farming, grain marketing, and equipment services in Maine. | 2021 | startuptn.in | Chennai, India | |
NV Neeti Veeramani | unknown_fbabfde9a71e4d85b | |||
DT Divya Thaikkoottathil | unknown_6224200df92c4f689 | |||
SB Sandeep Balaji | unknown_ee907947373243a59 |
Investor details for GoFloaters
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Smbsure Business Solutions Private Limited (GoFloaters)
Smbsure Business Solutions Private Limited is the primary company behind GoFloaters. The board of Smbsure Business Solutions Private Limited currently have 3 directors; the longest-serving is Shyamsundar Nagarajan, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shyamsundar Nagarajan DIN 07812301 | Director | 19 May 2017 | 9 yrs 5 mo | Smbsure Business Solutions Private Limited |
| Shalini Murali DIN 07815045 | Managing Director | 19 May 2017 | 9 yrs 5 mo | Smbsure Business Solutions Private Limited |
| Srivatsan Padmanabhan DIN 08287867 | Additional Director | 28 Nov 2018 | 7 yrs 10 mo | Smbsure Business Solutions Private Limited |
People of GoFloaters
2 people are tracked at GoFloaters (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for GoFloaters
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of GoFloaters
Figures of Smbsure Business Solutions Private Limited, the primary company behind GoFloaters, for FY 2025. Revenue was ₹3.33 Cr (+31% year on year). Net profit was ₹1.2 Lakh (0% margin). EBITDA was ₹1.7 Lakh (1% margin). Revenue has grown at a compounded annual rate of +160% over three years and +41% over five years.
- ₹3.33 CrRevenue · FY 2025 · +31% YoY
- ₹1.2 LakhNet profit · 0% margin
- ₹1.7 LakhEBITDA · 1% margin
- ₹1.1 LakhPaid-up capital
- +160%Revenue CAGR, 3 years
- +41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Smbsure Business Solutions Private Limited are on its company page.
Detailed financial statements for GoFloaters
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of GoFloaters
3 dated milestones of GoFloaters across 5 years, from founding to its latest funding, stage changes and deals.
- Founded GoFloaters is founded.
- Funding First funding round of $13K.
- Funding Latest funding round, Seed, of $110K.
Web traffic of GoFloaters
The website of GoFloaters (gofloaters.com) receives about 16.9K visits a month.
- Monthly visits16.9K
▲ 12.4% vs previous month
Websites whose visitors overlap most with GoFloaters. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 91springboard.com | 100% | 80K | #562,122 | View details | |
| incuspaze.com | 98% | 11.3K | #2,450,018 | View details | |
makerstribe.in | makerstribe.in | 88% | #1,874,073 | – | |
| canva.com | 88% | 876.1M | #35 | View details | |
| devx.work | 87% | 14.5K | #1,792,919 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 33 similar websites and full traffic analytics for GoFloaters
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 33 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as GoFloaters (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
A platform for residential property buying is facilitated by PropTiger. | 2011 | Gurugram, Haryana, India | USD 99 M |
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Related news about Gofloaters
Complete news archive for GoFloaters
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about GoFloaters
GoFloaters was founded in 2017 and raised its 1st funding round 4 years after it was founded.
GoFloaters is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Shyam Sundar Nagarajan is the CEO of GoFloaters, as recorded in our data. They have also founded this company.
GoFloaters is a funded company, having raised a total of $110.12K across 2 funding rounds to date. The company's 1st funding round was a Grant of $13.36K, raised on Oct 2021.
The primary company behind GoFloaters, Smbsure Business Solutions Private Limited, reported revenue of ₹3.33 Cr for FY 2025, up 31% year on year.
GoFloaters was established in 2017 in Chennai, India, within the co-working sector. An on-demand marketplace is maintained for reserving flexible workspaces. Space requirements are specified by users via WhatsApp, after which lists of registered options are provided for selection and booking. The website is also utilized for browsing and completing reservations directly.
GoFloaters offers Coworking Day Pass, Meeting Rooms, Office Spaces, and Virtual Offices.
GoFloaters operates through Smbsure Business Solutions Private Limited.
The legal entities of GoFloaters currently have 3 directors, including Srivatsan Padmanabhan, Shyamsundar Nagarajan, Shalini Murali.