About Techspace
Techspace is a company based in London (United Kingdom) founded in 2011 was acquired by Industrious in May 2019. Techspace has raised $25.14 million across 3 funding rounds from investors including Industrious, Goldacre and David Galsworthy. The company has 33 employees. Techspace offers products and services including Hotdesks, Private Offices, Meeting Rooms, and Event Spaces. Techspace operates in a competitive market with competitors including WeWork, Industrious, Convene, Mindspace and Bruntwood, among others.
- Headquarter London, United Kingdom
- Employees 33
- Stage Minicorn
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Marketing and Advertising
- Website techspace.co
- Social LinkedIn X Instagram
- Acquired by Industrious (May 2019)
- Legal Name Techspace Group Ltd
- Annual Revenue$6.71 M (USD)90as on Mar 31, 2018
- Net Profit-$2.13 M (USD)-43as on Mar 31, 2018
- Total Equity Funding$25.14M (USD)
in 3 rounds
- Latest Funding Round$6.44M (USD), Series A
Nov 2019
- InvestorsIndustrious
& 4 more
- Employee Count33
- Acquired byIndustrious
(May 2019)
Products & Services of Techspace
Techspace offers a comprehensive portfolio of products and services, including Hotdesks, Private Offices, Meeting Rooms, and Event Spaces.
On-demand desks for flexible working in tech hubs.
Customizable units for dedicated business needs.
Bookable rooms for meetings and presentations.
Venues for conferences and networking events.
Funding Insights of Techspace
Techspace has successfully raised a total of $25.14M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.44 million completed in November 2019. 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 $25.14M
- Total Rounds 3
- Last Round Series A — $6.44M
- First Round $11.4M
(Mar 2016)
- Investors Count 4
All 3 funding rounds of Techspace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $22.92M | •••••••• |
Last known valuation $22.92M (Mar 2016). 5 investors in total: 2 institutional and 3 angel.
Investors in Techspace
Techspace has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Industrious, Goldacre and David Galsworthy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Goldacre is engaged in digital infrastructure and real estate technology investment. | – | goldacre.com | London, United Kingdom | |
Flexible workspace solutions are provided for teams and individuals. | 2013 | industriousoffice.com | New York, United States | |
DG David Galsworthy | - | – | unknown_24f7fee16e5a4632a | - |
AR Alex Rabarts | - | – | unknown_83aa59d606b448ffa | - |
LN Leo Noe | - | – | unknown_877c78cad4774b0ea | - |
Investor details for Techspace
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.
People of Techspace
8 people are tracked at Techspace (3 in leadership, 5 in team); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Robert Stevenson | COO | Leadership |
Phil Ellis | Co-founder & Marketing Director | Leadership |
Michael Treacy | Head Of Marketing, Openpayd | Leadership |
Selma Benattia | Events Lead | Team |
Caitlan Murphy | Community Associate | Team |
Izzy Verbeet | Community Lead | Team |
Tessa Lin Wang | Member Marketing Manager | Team |
Marta Contarini | Community Lead | Team |
Complete people profiles for Techspace
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.
Timeline of Techspace
5 dated milestones of Techspace across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Techspace is founded.
- Funding First funding round of $11.4M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Industrious.
- Funding Latest funding round, Series A, of $6.4M.
Competitors of Techspace
Techspace 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 Bruntwood, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wework.com | 2010 | New York, United States | $12.75B | 514 | Flexible office and coworking spaces are provided by WeWork globally. | |
| industriousoffice.com | 2013 | New York, United States | $334.15M | – | Flexible workspace solutions are provided for teams and individuals. | |
| convene.com | 2009 | New York, United States | $265.5M | 188 | Managed co-working spaces with conference rooms and amenities are offered. | |
| mindspace.me | 2013 | Tel Aviv, Israel | $107M | – | Managed co-working spaces are provided for users and landlords. | |
| bruntwood.co.uk | 1976 | Manchester, United Kingdom | $525.43M | – | Real estate development and management are conducted for commercial properties. | |
| selina.com | 2015 | London, United Kingdom | $405M | 1 | Online platform for booking hostel accommodation and co-working spaces for travelers | |
| iwgplc.com | 1989 | Zug, Switzerland | – | 8 | IWG is recognized as a global leader in hybrid working solutions. | |
| huckletree.com | 2011 | London, United Kingdom | $21.49M | 22 | Managed co-working spaces are provided for startups and freelancers. | |
| theofficegroup.com | 2003 | London, United Kingdom | – | 331 | Managed co-working spaces and private offices are offered in London. |
Detailed competitors of Techspace
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Techspace
The website of Techspace (techspace.co) receives about 11.9K visits a month and ranks #1,646,313 among all websites worldwide, #7,360 in Marketing and Advertising.
- Monthly visits11.9K
▼ 9.8% vs previous month
- Unique visitors6.1K
per month
- Global rank#1,646,313
among all websites
- Category rank#7,360
Business and Consumer Services · Marketing and Advertising
- Bounce rate45%
- Pages per visit2.3
- Average visit28 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with Techspace. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| secondhome.io | 100% | 21.3K | #1,112,591 | View details | |
| runwayea.st | 97% | – | #942,985 | View details | |
| huckletree.com | 90% | 16.1K | #1,954,177 | View details | |
foraspace.com | foraspace.com | 85% | – | #590,697 | – |
outsetstudio.com | outsetstudio.com | 65% | – | #5,304,753 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Techspace
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 24 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Techspace
Complete news archive for Techspace
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.
Similar companies to Techspace
10 companies that operate in the same segment as Techspace (Real Estate Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | – | – | |
Real estate properties are discovered via an online portal. | 2006 | Singapore, Singapore | USD 689.51 M | – | – | |
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 200 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M | – | – | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 194.06 M | USD 28.9 M | 3,236 | |
Online listing platform for buying and selling residential and commercial properties | 2000 | Madrid, Madrid, Spain | USD 303.81 M | – | – | |
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 | |
An online listing platform for residential and commercial properties | 2008 | London, England, United Kingdom | USD 10.67 M | USD 112.51 M | 456 | |
Rental properties are brokered online for seekers and owners. | 2012 | Sao Paulo, Brazil | USD 753.94 M | – | – | |
Residential properties are listed and brokered through an online platform. | 2004 | Seattle, Washington, United States | USD 166.06 M | – | – |
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Frequently Asked Questions about Techspace
Techspace was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Techspace is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Techspace is a funded company, having raised a total of $25.14M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11.4M, raised on Mar 2016.
Techspace has 33 employees.
Annual revenue of Techspace is $6.71M as on Mar 31, 2018.
Techspace was founded in 2011 in London, United Kingdom, within the co-working sector. An online platform is operated for startups, entrepreneurs, and freelancers to search and book spaces across the UK. Five managed locations were maintained as of June 2016, with membership plans starting at 315 supporting around 950 community members. A mobile platform is also utilized for browsing available spaces.
Techspace's top competitors include WeWork, Convene and Industrious.
Techspace offers Hotdesks, Private Offices, Meeting Rooms, and Event Spaces.
Techspace has 5 investors. Key investors include Industrious, Goldacre, David Galsworthy, Alex Rabarts, and Leo Noe.
The valuation of Techspace is $22.92M as of Mar 2016.
Techspace operates through Techspace Group Ltd.
Yes. Techspace was acquired by Industrious in May 2019.