Spacious - About the company
Spacious is an acquired company based in New York City (United States), founded in 2013 by Preston Pesek and Chris Smothers. It operates as a Platform to book partnered co-working spaces.. Spacious has raised $10.1M in funding from investors like Redpoint Ventures, August Capital and Lerer Hippeau. The company has 19 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Workchew, AndCo and Betahaus.
Company Details
Spacious is a company that offers an online platform for users to browse and book co-working spaces and private spaces. The company forms a partnership with restaurants, lounges to offer off-peak hours unused spaces for co-working opportunity. Space seeker can access spaces by subscribing to one of the daily pass or monthly pass membership offered by the company. Daily pass membership starts from $29 and monthly pass starts from $95. The company has four managed location in New york city and are in plans to open new spaces in tier one cities in the United States.
- Website
- spacious.com
- Email ID
- *****@spacious.com
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Acquired
Total Funding
$10.1M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 19 active competitors
Employee Count
2 as on Apr 30, 2026
Exit Details
Acquired by WeWork (Aug 27, 2019)
Legal entities associated with Spacious
Spacious is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Spacious Technologies, Inc CIN: 900874338 , United States, Active | - | 38 (As on Dec 31, 2018) | - |
Spacious's acquisition details
Click here to take a look at Spacious's acquisition in detail
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Spacious's funding and investors
Spacious has raised a total funding of $10.1M over 2 rounds. Its first funding round was on May 04, 2016. Its latest funding round was a Series A round on May 11, 2018 for $*****. 4 investors participated in its latest round. Spacious has 10 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Spacious:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 11, 2018 | 8563777 | Series A | 7166493 | 1273183 | 6308828 | 7006038 |
May 04, 2016 | 9018453 | Seed | 5863013 | 5724465 | 9991361 |
View details of Spacious's funding rounds and investors
Spacious' founders and board of directors
Founder? Claim ProfileThe founders of Spacious are Preston Pesek and Chris Smothers. John C Santora is the CEO of Spacious.
Here are the details of Spacious' key team members:
- Preston Pesek: Former Co-Founder of Spacious.
- Chris Smothers: Co-founder / CTO of Spacious.
- John C Santora: CEO of Spacious. Contact Info: 1 email address
View details of Spacious's Founder profiles and Board Members
Spacious' employee count trend
Spacious has 2 employees as of Apr 26. Here is Spacious's employee count trend over the years:
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Spacious's Competitors and alternates
Top competitors of Spacious include Workchew, AndCo and Betahaus. Here is the list of Top 10 competitors of Spacious, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spacious 2013, New York City (United States), Acquired | Platform to book partnered co-working spaces. | $10.1M | 40/100 | |
2nd | Workchew 2018, Washington, DC (United States), Seed | Provider of managed restaurant co-working spaces | $2.5M | 35/100 | |
3rd | AndCo 2017, London (United Kingdom), Seed | Online booking platform for co-working spaces | $1.05M | 34/100 | |
4th | Managed co-working space provider | - | 31/100 | ||
5th | Managed co-working space provider in Bulgaria | - | 31/100 | ||
6th | Managed co-working space | - | - | 29/100 | |
7th | Voisins 2015, Geneva (Switzerland), Unfunded | Co-working space provider in cafes and commercial buildings | - | - | 28/100 |
8th | Provider of managed restaurant co-working spaces | - | - | 28/100 | |
9th | Co-working space provider | - | 27/100 | ||
10th | Provider of managed restaurant co-working spaces | - | 27/100 |
Looking for more details on Spacious's competitors? Click here to see the top ones
Spacious's Investments and acquisitions
Spacious has made no investments or acquisitions yet.
News related to Spacious
•
•
WeWork just acquired a startup that converts empty New York and San Francisco restaurants into coworking spacesBusiness Insider•Aug 27, 2019•WeWork, Spacious, We
•
Coworking Company Spacious Nabs TGI Fridays Building in Union SquareCommercial Observer•Nov 09, 2018•Spacious, TGI Fridays
•
RNDMWRK randomizes remote work with subscription spacesTechCrunch+•Jul 25, 2016•Random Work, Spacious, WeWork
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