ClayWorks - About the company
ClayWorks is a series A company based in Bengaluru (India), founded in 2017 by Rahul Singh, Paneesh Gururaja Rao and Shashidhar Abhijith .. It operates as a Provider of managed flexible office spaces. ClayWorks has raised $10.1M in funding from Nisus Finance Services and NuVentures, with a current valuation of ₹*****. The company has 2638 active competitors, including 109 funded and 109 that have exited. Its top competitors include companies like Smartworks, Industrious and WeWork.
Company Details
Provider of managed flexible office spaces. This includes various workspace options such as dedicated offices, co-working spaces, meeting rooms, and virtual office solutions. The company offers services encompassing the finding, building, and management of these spaces, providing clients with tailored work environments to suit their specific needs and company culture. They also provide additional services like on-demand booking of meeting rooms and workstations. The focus is on creating productive and well-being-focused workspaces.
- Website
- clayworks.space
- Social
- Email ID
- *****@clayworks.space
- Phone Number
- +91 **********
- Registered Address
- No.74, MASS Complex,15thCross Road, 3rd Floor J.P Nagar 3rd Phase, Sarakki Industrial, Layout, Bangalore, Bangalore, Karnataka, India, 560078
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Series A
Total Funding
$10.1M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 15, 2025
Investors
Ranked
42nd among 2638 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
104 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with ClayWorks
ClayWorks is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Clayworks Facility Management Llp CIN: ABB-5289 , India, Active | Jun 30, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | 44 (As on May 31, 2025) | |
HAWKSPIRE VENTURES LLP CIN: AAN-4049 , India, Active | Oct 05, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED CIN: U70200KA2017PTC105809 , India, Active | Aug 23, 2017 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 52 (As on May 31, 2025) |
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ClayWorks's funding and investors
ClayWorks has raised a total funding of $10.1M over 3 rounds. Its first funding round was on Jul 03, 2018. Its latest funding round was a Series A round on Dec 11, 2025 for $*****. 1 investor participated in its latest round. ClayWorks has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of ClayWorks:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 11, 2025 | 4220835 | Series A | 4074614 | 2126627 | 3406815 | 9781409 |
Mar 09, 2022 | 2843402 | Series A | 3759257 | 3525596 | 8894174 | 7934634 |
Jul 03, 2018 | 4147972 | Venture Debt | 7796678 | 1565365 | 8723268 |
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ClayWorks' founders and board of directors
Founder? Claim ProfileHere are the details of ClayWorks' key team members:
- Rahul Singh: Co-Founder of ClayWorks and founder of 3 other companies, IndianMoney, Lead Market and Socialrealty. They serve on the boards of 2 companies.Contact Info: 1 phone number
- Paneesh Gururaja Rao: Former Co-Founder of ClayWorks. They serve on the board of 1 company.Contact Info: 1 phone number
- Shashidhar Abhijith .: Co-Founder & Director of ClayWorks. They serve on the board of 1 company.Contact Info: 1 phone number
ClayWorks' Board of Directors
ClayWorks's board has 3 active members. Rahul Singh and Shashidhar Abhijith . are part of team and Avinash Vankadaru is independent board member.Here is the list of ClayWorks' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 2m | |
Team | - | Current | 9y 2m | |
nacykch | Team | - | Past | 2y 7m |
Independent board member | - | Current | 7y 0m |
View details of ClayWorks's Founder profiles and Board Members
ClayWorks' employee count trend
ClayWorks has 104 employees as of Sep 26. Here is ClayWorks's employee count trend over the years:
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ClayWorks's Competitors and alternates
Top competitors of ClayWorks include Smartworks, Industrious and WeWork. Here is the list of Top 10 competitors of ClayWorks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Smartworks 2015, Gurugram (India), Public | Provider of managed office solutions for enterprise businesses and growing companies through customized, fully equipped workspaces | $70M | 81/100 | |
2nd | Industrious 2013, New York City (United States), Acquired | Operator of flexible workspaces offering private offices and coworking solutions | $334M | 76/100 | |
3rd | WeWork 2010, New York City (United States), Acquired | Provider of flexible workspace solutions, including coworking spaces and private offices | $12.8B | 76/100 | |
4th | Provider of a flexible workspace solutions for businesses | $45M | 75/100 | ||
5th |  91Springboard 2012, Mumbai (India), Series B | Operator of shared workspaces, private offices, and virtual office solutions | $29.2M | 73/100 | |
6th | Provider of managed co-working spaces for freelancers, startups, and small & large companies | $86M | 73/100 | ||
7th |  Bruntwood 1976, Manchester (United Kingdom), Series D | Provider of integrated commercial property and workspace solutions | $525M | 71/100 | |
8th | Chains providing coworking and managed office spaces with flexible options | $3.09M | 70/100 | ||
9th | Provider of managed co-working spaces | $107M | 70/100 | ||
10th | Chains providing flexible office spaces and shared professional work environments | $26.7M | 68/100 | ||
42nd | Provider of managed flexible office spaces | $10.1M | 54/100 |
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Financials of ClayWorksFY 25 Available
CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with ClayWorks, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of CLAYWORKS SPACES TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 89% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 4175 | 1022 | 2267 | 1491 | 6455 |
Total Sales | 7717 | 7978 | 3782 | 7123 | 4910 |
Total Expenses | 7636 | 7929 | 8857 | 6397 | 1980 |
Operating Expenses | 1041 | 2684 | 3106 | 9898 | 7864 |
Employee Expenses | 5726 | 5253 | 9335 | 1846 | 4029 |
Operating Income (EBIT) | 3637 | 5378 | 8536 | 6642 | 9404 |
Interest Expenses | 5616 | 2235 | 4415 | 9082 | 7285 |
Expenses from other activities | 7099 | 7333 | 3962 | 9801 | 1047 |
EBITDA | 3831 | 2620 | 9405 | 8444 | 4018 |
Taxes | 5681 | 4711 | 2403 | 9708 | 5834 |
Net Profit | 4737 | 9317 | 5302 | 4159 | 4479 |
Balance Sheet | |||||
Assets | 1320 | 7031 | 7444 | 8296 | 5244 |
Accounts Receivables | 2016 | 7621 | 1731 | 3468 | 6889 |
Inventory | 9402 | 6597 | 3513 | 1324 | 9243 |
Liabilities | 5018 | 7509 | 8747 | 8293 | 9752 |
Total Debt | 5767 | 5145 | 7290 | 9487 | 3637 |
Accounts Payable | 5018 | 2383 | 5435 | 1319 | 6952 |
Equities | 6042 | 4130 | 4470 | 2566 | 7449 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
ClayWorks's Investments and acquisitions
ClayWorks has a total of 1 investment in Adukale. ClayWorks has not made any acquisitions as of now.Reports related to ClayWorks
Here is the latest report on ClayWorks's sector:
News related to ClayWorks
•
Nisus Finance to support ClayWorks in its Series A funding round set at US $ 10 mRealty Nmore•Mar 09, 2022•ClayWorks
•
Nisus Fincorp Invests $2.5 Lakh In Clayworks SpacesBTVI•Jul 03, 2018•Nisus Finance Services, ClayWorks
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