OfficeSpace provides a cloud-based platform that serves as the system of record for digital office floorplans and workflow tools for human resources and facilities teams. The product simplifies desk and room booking, supports social distancing, and offers dashboards and reporting to help organizations allocate real estate and enable employee productivity. The company recently launched Neighborhoods, a feature to manage flexible seating and group seats and people by team, project, space type, or collaboration needs. OfficeSpace says it has experienced tremendous growth and has expanded its offerings to meet rising demand for workplace operations tools. The investment from Vista is intended to help the company continue building its platform and accelerate efforts to help customers navigate workplace disruptions and manage workspace dynamics. The platform targets organizations embracing hybrid work and return-to-office decisions. OfficeSpace Software is a SaaS platform for managing the workplace that provides employee-facing features (Visual Directory®, hot-desk and conference-room booking) and facilities/real-estate tools (move management, block-and-stack planning, space forecasting). Over 600 companies across 50 countries use the platform, and the company highlights ongoing customer support to keep floorplans current and simplify major facility transitions. The company intends to increase investment in its market-leading software, accelerate key go-to-market initiatives, and further enhance its customer experience following the recent partnership. OfficeSpace said the strategic equity partnership will enable those investments and support the next phase of growth. Office locations include New York City, Costa Rica, and Victoria, BC. Software Equity Group acted as exclusive financial advisor on the transaction.

Total raised

$150M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2022