Spacious identifies underused daytime spaces—primarily restaurants—and converts them into affordable workspaces for freelancers. Access is typically available during restaurant downtime, generally from 8 a.m. to 5 p.m. Memberships start at $99 per month. At the time of the article Spacious operates 15 locations in New York and about ten in San Francisco. The company has raised $10 million in funding and plans to expand into other U.S. urban centers. The model targets freelancers who cannot afford traditional coworking fees while making better use of otherwise idle commercial space.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2018