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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.
Social
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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
Ranked
Employee Count
2 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by WeWork (Aug 27, 2019)

Spacious's acquisition details

Spacious got acquired by WeWork on Aug 27, 2019 at an acquisition amount of $*****.
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
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Spacious' founders and board of directors

Founder? Claim Profile
The 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:

Spacious' employee count trend

Spacious has 2 employees as of Apr 26. Here is Spacious's employee count trend over the years:
Employee count trend for Spacious
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spacious
Spacious
2013, New York City (United States), Acquired
Platform to book partnered co-working spaces.
$10.1M
40/100
2nd
Logo for Workchew
Workchew
2018, Washington, DC (United States), Seed
Provider of managed restaurant co-working spaces
$2.5M
35/100
3rd
Logo for AndCo
AndCo
2017, London (United Kingdom), Seed
Online booking platform for co-working spaces
$1.05M
34/100
4th
Logo for Betahaus
Betahaus
2009, Berlin (Germany), Funding Raised
Managed co-working space provider
-
31/100
5th
Logo for Betahaus
Betahaus
2010, Sofia (Bulgaria), Funding Raised
Managed co-working space provider in Bulgaria
-
31/100
6th
Logo for The Hack
The Hack
2018, Bengaluru (India), Deadpooled
Managed co-working space
-
-
29/100
7th
Logo for Voisins
Voisins
2015, Geneva (Switzerland), Unfunded
Co-working space provider in cafes and commercial buildings
-
-
28/100
8th
Logo for Primus
Primus
2019, Mumbai (India), Deadpooled
Provider of managed restaurant co-working spaces
-
-
28/100
9th
Logo for Sp8ces
Sp8ces
2017, Copenhagen (Denmark), Seed
Co-working space provider
-
27/100
10th
Logo for Twostay
Twostay
2018, Munich (Germany), Funding Raised
Provider of managed restaurant co-working spaces
-
27/100
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Spacious's Investments and acquisitions

Spacious has made no investments or acquisitions yet.

News related to Spacious

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