ReWork operates collaborative co-working spaces and membership services, targeting established companies and corporate clients as its core customer base. The startup currently runs two locations in Jakarta and plans to add four more in the city within six months, with subsequent expansion to Bali and Bandung and potential moves into the Philippines and Malaysia next year. Its typical commercial model is revenue-sharing with property owners, and it is negotiating joint ventures with larger real estate firms to scale more rapidly. ReWork has a partnership to open small outposts alongside commercial property group Ismaya to broaden member access and reach new demographics. The company says it will integrate technologies and apps with strategic investor UrWork, and investors have praised its rapid member and revenue growth, healthy margins, and strong retention. ReWork is positioning itself as a landing platform for Chinese companies entering Indonesia and to support both local and overseas firms through its collaborative workspace network.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2017