# Cowork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cowork

- Industry: Commercial Property
- Headquarters: Guangzhou, China
- Website: www.cowork.cn
- Total disclosed funding: $3.1M
- Latest round: Angel (Oct 30, 2015)
- Investors on record: 2

## About

Cowork is a flexible workspace provider that focuses on delivering tailored solutions for modern professionals and businesses, fostering enhanced collaboration and productivity within their work environments.Founded in 2015, Cowork operates from Guangzhou, China, specializing in flexible workspace solutions. The company has undergone significant growth since its inception, focusing on the evolving needs of businesses. The latest funding round, which occurred on August 11, 2016, raised CNY 10 million in pre-A funding from unspecified investors. The company has completed a total of 3 deals to date. Cowork's leadership includes CEO ?? ?, although specific details about the founders Mathieu Genty and Nicolas Dumontroty are not disclosed.Cowork.cn specializes in providing flexible workspace solutions designed to cater to the evolving needs of modern professionals and businesses. Their core offerings include co-working spaces, private offices, and meeting rooms, all aimed at fostering collaboration and enhancing productivity. The spaces are equipped with high-speed internet, ergonomic furniture, and essential office amenities, creating a conducive environment for freelancers, startups, and established enterprises. Additionally, Cowork.cn addresses the demand for community-driven work environments by organizing networking events and workshops, which facilitate knowledge sharing and business development among its users. The company serves a diverse clientele, including tech startups, creative agencies, and remote workers, primarily in urban centers across China and select international markets, ensuring accessibility to tailored workspace solutions in high-demand areas.The revenue model for Cowork.cn is primarily based on subscription services, where clients pay for access to flexible workspace solutions on a monthly or yearly basis. Customers can choose from various plans that cater to different needs, including hot desk access, dedicated desks, and private office rentals. Transactions typically involve direct agreements between the company and its clients, fostering long-term partnerships that benefit both parties. The pricing structure reflects the level of access and amenities provided, with premium plans offering additional benefits such as reserved meeting rooms and exclusive event invitations. Cowork.cn's revenue is bolstered by its flagship services, which are strategically positioned to attract a mix of B2B and direct-to-consumer clients, ensuring a steady stream of income derived from their workspace offerings.Moving forward, Cowork plans to leverage its recent funding of CNY 10 million raised in August 2016 to enhance its service offerings and expand its market reach. The company is currently designing new products aimed at improving the user experience in its flexible workspaces. Additionally, there are ambitions to expand into new geographic markets, specifically targeting urban centers across Southeast Asia by the end of 2023. Through these initiatives, Cowork aims to solidify its presence in the growing demand for adaptable workspace solutions.

## Funding rounds

- Angel, Oct 30, 2015, $3.1M — Hiway Capital, Holch Capital

## Investors

- Hiway Capital (https://capitalatlas.ai/funds/hiway-capital) — Angel
- Holch Capital (https://capitalatlas.ai/funds/holch-capital) — Angel