About Spacemob
Spacemob is a company based in Singapore (Singapore) founded in 2016 by Turochas Fuad was acquired by WeWork in August 2017.. Spacemob has raised $5.5 million across 1 funding round from investors including WeWork, Vertex Ventures SG and Alpha JWC Ventures. Spacemob operates in a competitive market with competitors including WeWork, JustCo, The Great Room, Trehaus and The Working Capitol, among others.
- Headquarter Singapore, Singapore
- Founders Turochas Fuad
-
Sectors
Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Spacemob Pte. Ltd.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Spacemob
Spacemob has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.5 million completed in November 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 Seed — $5.5M
-
First Round
First Round
(23 Nov 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Seed - Spacemob | Valuation | Alpha JWC Ventures , Vertex Ventures |
|
| 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 Spacemob
Spacemob has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include WeWork, Vertex Ventures SG and Alpha JWC Ventures. 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 |
|---|---|---|---|---|
|
Tech focused VC firm making investment in seed and early stage companies in the US & Asia
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Flexible office and coworking spaces are provided by WeWork globally.
|
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 Spacemob
| 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 - Spacemob
| 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 |
Spacemob Comparisons
Competitors of Spacemob
Spacemob 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, JustCo, The Great Room, Trehaus and The Working Capitol, 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.
|
|
| domain | founded_year | HQ Location |
Managed co-working spaces are provided for freelancers and companies.
|
|
| domain | founded_year | HQ Location |
Workspace solutions are provided through coworking and office spaces.
|
|
| domain | founded_year | HQ Location |
Coworking spaces with childcare facilities are offered to working parents.
|
|
| domain | founded_year | HQ Location |
Offers flexible co-working and office solutions for entrepreneurs and teams.
|
| 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 Spacemob
Frequently Asked Questions about Spacemob
When was Spacemob founded?
Spacemob was founded in 2016.
Where is Spacemob located?
Spacemob is headquartered in Singapore, Singapore.
Who is the current CEO of Spacemob?
Turochas Fuad is the current CEO of Spacemob. They have also founded this company.
Is Spacemob a funded company?
Spacemob is a funded company, having raised a total of $5.5M across 1 funding round to date. The company's 1st funding round was a Seed of $5.5M, raised on Nov 23, 2016.
What does Spacemob do?
Spacemob is a co-working space for businesses. Tenants get services like office space, internet connection, software that allows members to book rooms, network etc. The membership package includes health insurance, payroll, and a payment gateway. It also provides specialists like content writers, SEO specialists, and developers on hand at extra cost. It charges a monthly rent based on the type of membership taken by the users. It may vary from a fixed desk in the space to a private office. It runs on a shared revenue with the property owner. As of November 2016, it has 2 spaces in Singapore. Some notable clients include Survey Monkey, General Assembly etc.
Who are the top competitors of Spacemob?
Spacemob's top competitors include WeWork, JustCo and The Great Room.
Who are Spacemob's investors?
Spacemob has 3 investors. Key investors include WeWork, Vertex Ventures SG, and Alpha JWC Ventures.