Mindspace raises $15m to continue with global expansion of coworking brand
Mindspace, a global provider of creative and stylish coworking spaces, dedicated to making work exciting and inspiring through stunning design and premium community services, announced today that it has raised $15m in series A funding from private investors.
As Mindspace continues its fast-paced global expansion, the company has also announced the planned opening of five new locations, bringing its total member count to 5,000 across nine locations that span over 350,000 square feet.
Founded in 2014, Mindspace provides its members with a collaborative work environment, offering companies of all sizes, ranging from entrepreneurs to large organizations, all the benefits and perks desired to grow their businesses.
Mindspace puts a strong emphasis on creating a lifestyle and community experience for its members. Each location boasts beautiful a boutique design concept, as well as diverse community events, activities and partnerships.
There are a number of benefits — especially for early stage startups — when it comes to using coworking spaces.
The proximity to a number of like minded individuals that can help inspire and motivate founders, their teams and, ultimately, their businesses, is an opportunity and experience unlike any other.
It can also be a financially a very smart decision. Not only are overheads lower for new startups, some have even reported a 46 percent increase in earnings.
Then, of course, there is the close proximity of a wealth of talent. Founders putting their startups in coworking spaces can expect to encounter a veritable feast of potential talent that they can recruit and take on to work with.
Mindspace tries to use prime and trendy locations to attract professionals and creators who value the convenience created by dedicated services as well as access to a productive and diverse community.
In addition the coworking space tries to support business growth by providing a quick and cost effective solution for growing companies, offering flexible contracts designed for their needs.
“We are excited to announce this new funding and new Mindspace locations,” said Co-Founder and CEO Dan Zakai. “With the funding, we plan to enter the US market, while continuing to expand and strengthen our presence in Europe.”