# MakerSpace

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

- Industry: Business Support Services
- Headquarters: Beijing, China
- Website: www.bjmakerspace.com
- Latest round: Angel (Feb 16, 2015)
- Investors on record: 5

## About

MakerSpace is a technology solutions provider focused on enhancing operational efficiencies through innovative software applications. Their offerings are tailored to streamline project management and improve team communication across various sectors.Founded in 2011, MakerSpace operates from Beijing, China, delivering technology solutions to address operational challenges. The founders include Glen Paquette, Mark Havens, Qiao Wei, and Ryland Hoskins. Currently, Qing Shang serves as the CEO. In February 2015, MakerSpace raised Angel funding, attracting investments from Beijing Zhonghai Investment Management and Gobi Partners, though specific financial details were not disclosed. The company has engaged in a total of 2 deals.MakerSpace specializes in innovative technology solutions that enhance operational efficiencies across various industries. Its core offerings consist of a suite of software applications designed to streamline project management, improve data analytics capabilities, and facilitate real-time communication among teams. These solutions address challenges such as resource allocation, workflow optimization, and data-driven decision-making, primarily targeting mid-sized to large organizations in the technology, finance, and healthcare sectors, with a notable presence in North America and Europe.MakerSpace's revenue model is primarily subscription-based, allowing clients to access its software solutions on an ongoing basis. Clients typically engage in annual or monthly subscription agreements, which vary in price based on usage, features, and support levels. This model fosters direct B2B relationships, enabling the company to tailor solutions to meet specific client needs, thereby ensuring a steady revenue stream through long-term partnerships.Looking ahead, MakerSpace aims to launch new products designed to enhance its software suite, with specific release dates yet to be announced. The company plans to expand its market reach, particularly targeting new regions within Asia and Europe by the end of 2023. The funds raised in the most recent Angel funding round will be utilized to support these initiatives, further enhancing product development and market penetration efforts.

## Funding rounds

- Angel, Feb 16, 2015 — Gobi Partners, Beijing Zhonghai Jinyue Investment Management
- Seed, Dec 1, 2014 — Geek Founders, Linxi Venture Partner, Tenplus Ventures

## Investors

- Geek Founders (https://capitalatlas.ai/funds/geek-founders) — Seed
- Linxi Venture Partner — Seed
- Tenplus Ventures — Seed
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Angel
- Beijing Zhonghai Jinyue Investment Management (https://capitalatlas.ai/funds/beijing-zhonghai-jinyue-investment-management) — Angel