# SpaceIQ

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.spaceiq.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 17, 2018)
- Investors on record: 5

## About

SpaceIQ is a technology company specializing in workplace management solutions, offering tools for optimizing office spaces and enhancing facility management through an integrated platform.Founded in 2016 and headquartered in Mountain View, US, SpaceIQ provides innovative workplace management solutions. The company underwent a strategic merger with iOFFICE, LP in August 2021, further enhancing its product offerings. The CEO is Shahar Alster, who has a history of leading tech initiatives in the workplace management sector. SpaceIQ has successfully raised a total of USD 2.50 mn through its Series A funding round, with notable investors including Bullpen Capital, Vertex Ventures, and Xplorer Capital.SpaceIQ offers a unified platform that connects people, workplaces, and assets, primarily through its core product, which includes tools for desk booking and space planning. These solutions cater to various sectors, including business services, education, healthcare, and government, helping facility teams manage operations and improve collaboration across organizations.SpaceIQ utilizes a subscription-based revenue model, providing clients with access to their solutions via annual or monthly licensing agreements. Clients subscribe to services tailored to their operational needs, including features like SpaceIQ and Eptura Engage for managing workplace experiences. Revenue is derived from B2B transactions, often involving multi-year contracts that include software updates and ongoing support.Following the merger with iOFFICE, LP, SpaceIQ aims to accelerate product innovation and enhance capabilities to support the hybrid work environment. The company is focusing on expanding its market presence in North America, Europe, and Asia-Pacific by leveraging recent funding from the Series A round completed in August 2021, which will facilitate the expansion of new products and services to meet increasing market demand.

## Funding rounds

- Series A, Jul 17, 2018, $2.5M — Bullpen Capital, Vertex Ventures, Xplorer Capital
- Series A, Jun 16, 2017, $7M — Divergent Ventures, Bullpen Capital, Vertex Ventures, Xplorer Capital, Round2 Capital Partners
- Seed, Mar 1, 2016, $2M — Vertex Ventures
- Seed, Dec 22, 2015 — Vertex Ventures

## Investors

- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Seed, Series A
- Divergent Ventures (https://capitalatlas.ai/funds/divergent-ventures) — Series A
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A
- Xplorer Capital (https://capitalatlas.ai/funds/xplorer-capital) — Series A
- Round2 Capital Partners (https://capitalatlas.ai/funds/round2-capital-partners) — Series A