SpaceConnect

Sydney, Australia Founded: 2015 • Age: 11 yrs Acquired By SmartSpace Software
Data-driven space optimization systems are provided for commercial offices.
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About SpaceConnect

SpaceConnect is a company based in Sydney (Australia) founded in 2015 was acquired by SmartSpace Software in October 2019.. SpaceConnect has raised $381.83 thousand across 2 funding rounds from investors including SmartSpace Software and BlueChilli. SpaceConnect offers products and services including Desk Management, Visitor Management, Meeting Management, and Data Analytics. SpaceConnect operates in a competitive market with competitors including OfficeSpace Software, Locatee, VergeSense, Spaceti and Relogix, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $381.83 K (USD)

    in 2 rounds

  • Latest Funding Round
    $306.83 K (USD), Seed

    Oct 10, 2016

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    SmartSpace Software

    (Oct 31, 2019)

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Products & Services of SpaceConnect

SpaceConnect offers a comprehensive portfolio of products and services, including Desk Management, Visitor Management, Meeting Management, and Data Analytics. 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.

Primary

System for booking and re-configuring desks quickly.

Automates visitor sign-in, notifications, and secure processes.

Integrates with calendars for real-time meeting room handling.

Delivers real-time reports using MS Power BI integration.

Funding Insights of SpaceConnect

SpaceConnect has successfully raised a total of $381.83K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $306.83 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 Rounds 2
  • Last Round Seed — $306,828
  • First Round

    (16 Oct 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Seed - SpaceConnect Valuation

investors

Oct, 2015 Amount Seed - SpaceConnect Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SpaceConnect

SpaceConnect has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SmartSpace Software and BlueChilli. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are supported through studio investments and accelerator programs.
Founded Year Domain Location
Integrated workplace management solutions are delivered through SaaS platforms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SpaceConnect

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SpaceConnect

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Spaceconnect Comparisons

Employees
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Competitors of SpaceConnect

SpaceConnect 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 OfficeSpace Software, Locatee, VergeSense, Spaceti and Relogix, 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
Saas-enabled platform offering office space management services
domain founded_year HQ Location
Cloud-based space management for commercial environments is facilitated.
domain founded_year HQ Location
IoT and AI solutions for building space utilization are provided.
domain founded_year HQ Location
Building management is facilitated by SaaS and IoT sensor solutions.
domain founded_year HQ Location
Cloud-based workspace intelligence solution for real estate professionals
domain founded_year HQ Location
Provider of cloud-based software for office desk booking
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Spaceconnect

Frequently Asked Questions about SpaceConnect

When was SpaceConnect founded?

SpaceConnect was founded in 2015.

Where is SpaceConnect located?

SpaceConnect is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Is SpaceConnect a funded company?

SpaceConnect is a funded company, having raised a total of $381.83K across 2 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Oct 16, 2015.

What does SpaceConnect do?

SpaceConnect was founded in 2015 in Sydney, Australia, and operates within the commercial real estate sector. Office space utilization and management services are delivered through data analytics, including automated desk and meeting room bookings, real-time movement tracking, predictive technologies, and user-space automation. These tools are utilized by property owners, managers, and real estate agents to handle space efficiency.

Who are the top competitors of SpaceConnect?

SpaceConnect's top competitors include OfficeSpace Software, VergeSense and Maptician.

What products or services does SpaceConnect offer?

SpaceConnect offers Desk Management, Visitor Management, Meeting Management, and Data Analytics.

Who are SpaceConnect's investors?

SpaceConnect has 2 investors. Key investors include SmartSpace Software, and BlueChilli.

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