When was Worq founded?

Worq was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Worq located?

Worq is headquartered in Kuala Lumpur, Malaysia.

Which legal entities is Worq associated with?

Worq is associated with INCOMPLETENESS THEOREM SDN. BHD..

How many employees does Worq have?

As of Jun 30, 2026, the latest employee count at Worq is 110.

Is Worq a funded company?

Worq is a funded company, having raised a total of $5.68M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 13, 2017.

When was the latest funding round of Worq?

Worq's latest funding was a $***** Series A round on Oct 10, 2023, with participation from 2 investors.

Where does Worq rank among its competitors?

Worq ranks 62nd amongst 1829 active competitors, of which 106 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Convene, which secured $230M in Mar, 2026.

Who are the top competitors of Worq?

Worq's top competitors include Smartworks, WeWork and Industrious. Among them, Convene secured the most recent funding round in March, 2026.

Worq - 2026 Company Profile, Funding & Competitors

Worq is a series A company based in Kuala Lumpur (Malaysia), founded in 2016. It operates as a Provider of managed co-working spaces. Worq has raised $5.68M in funding from Phillip Capital. The company has 1829 active competitors, including 106 funded and 102 that have exited. Its top competitors include companies like Smartworks, WeWork and Industrious.

Company Details

Provider of managed co-working spaces. It provides co-working spaces for SMEs, freelancers, startups, and creative agencies. The company offers private desks, dedicated desks, private offices, and more. Users can book a tour to the space of their choice via the platform. Some of the amenities provided by the company are WiFi, meeting rooms, conference rooms, gym area, parking spaces, and more. The company earns revenue through its monthly subscription-based plans.

Website: worq.space
Social
Email ID: *****@worq.space

Key Metrics

Founded Year

2016

Location

Kuala Lumpur, Malaysia

Stage

Series A

Total Funding

$5.68M in 4 rounds

Latest Funding Round

Series A, Oct 10, 2023, $*****

Investors

Phillip Capital & 5 more

Ranked

62^nd among 1829 active competitors

Employee Count

110 as on Jun 30, 2026

Similar Companies

Smartworks & 2225 more

View Worq's full profile

Worq is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INCOMPLETENESS THEOREM SDN. BHD. CIN: 1153116-M , Malaysia, Active	Jan 01, 2015	-	-	-

Worq has raised a total funding of $5.68M over 4 rounds. Its first funding round was on Feb 13, 2017. Its latest funding round was a Series A round on Oct 10, 2023 for $*****. 2 investors participated in its latest round. Worq has 6 institutional investors.

Here is the list of recent funding rounds of Worq:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 10, 2023	3305142	Series A	8121781	2645979	3890351	7183811
Sep 23, 2020	8175279	Series A	4670311	9415962	7329055	4272911
Jul 09, 2018	3089682	Series A	8450059	8969374	5473074	Bangsawan & 1 more

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View details of Worq's funding rounds and investors

Worq's employee count trend

Worq has 110 employees as of Jun 26. Here is Worq's employee count trend over the years:

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Top competitors of Worq include Smartworks, WeWork and Industrious. Here is the list of Top 10 competitors of Worq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Smartworks 2015, Gurugram (India), Public	Operator of ready-to-use office spaces with integrated technology and amenities	$70M	Mansoul Commercial, Anshu Gupta Exempt Children Trust ... & 80 others	81/100
2nd	WeWork 2010, New York City (United States), Acquired	Provider of flexible workspace solutions, including coworking spaces and private offices	$12.8B	SoftBank Group, Fidelity Investments & 35 others	79/100
3rd	Industrious 2013, New York City (United States), Acquired	Operator of flexible workspaces offering private offices and coworking solutions	$334M	Riverwood Capital, Fifth Wall & 16 others	77/100
4th	Convene 2009, New York City (United States), Acquired	Hospitality-led venue network offering meeting, event, and flexible workspace solutions	$266M	ArrowMark Partners, Brookfield Asset Management ... & 21 others	77/100
5th	IndiQube 2015, Bengaluru (India), Public	Provider of a flexible workspace solutions for businesses	$45M	WestBridge Capital, Aravali Investment Holdings ... & 3 others	75/100
6th	91Springboard 2012, Mumbai (India), Series B	Operator of shared workspaces, private offices, and virtual office solutions	$29.2M	BTL, Daim International & 52 others	72/100
7th	JustCo 2011, Singapore (Singapore), Public	Provider of managed co-working spaces for freelancers, startups, and small & large companies	$86M	Sansiri, Daito Trust & 5 others	72/100
8th	Bhive 2014, Bengaluru (India), Seed	Chains providing coworking and managed office spaces with flexible options	$3.09M	Blume Venture, Oliphans Capital & 68 others	70/100
9th	Bruntwood 1976, Manchester (United Kingdom), Series D	Provider of integrated commercial property and workspace solutions	$525M	Royal Bank of Scotland, HSBC & 10 others	70/100
10th	iSprout 2016, Hyderabad (India), Seed	Provider of adaptable workspaces featuring amenities, services, and collaborative environments	$7.61M	Access Infinity, Vivriti Asset Management ... & 22 others	69/100
62nd	Worq 2016, Kuala Lumpur (Malaysia), Series A	Provider of managed co-working spaces	$5.68M	500 Durians, Cradle & 4 others	42/100