OfficeSpace Software Inc.

OfficeSpace Software Inc. is a US-based provider of innovative workplace management solutions, enhancing flexibility and productivity in modern work environments through its comprehensive platform. Founded in 2006 in Alpharetta, US, OfficeSpace Software Inc. specializes in workplace management solutions.

The company was co-founded by Ashkon Sabet and Shamim Sahba. In January 2022, the firm raised USD 150 mn in a GROWTH funding round led by Vista Equity Partners, bringing its total funding to USD 150 mn. OfficeSpace has secured two deals to date. OfficeSpace Software offers a comprehensive platform for workplace management solutions, which includes tools for space management, desk booking, room reservations, and workplace intelligence.

These features are designed to help organizations optimize their real estate portfolios and improve employee experience, specifically targeting facilities and workplace experience managers. Since its inception, OfficeSpace has served over 1,650 teams across various sectors, including business services, finance, and government, and integrates seamlessly with platforms like Microsoft Teams, Google Workspace, and Slack. OfficeSpace generates revenue through a subscription-based model, typically through annual agreements with commercial clients. This model provides access to real-time data analytics, reporting tools, and mobile applications.

The company caters to large enterprises, such as Hub International and Quantum Health, ensuring tailored approaches to meet diverse client needs while maintaining proprietary pricing details for its subscription plans. Following the GROWTH funding round in January 2022, OfficeSpace Software Inc. plans to utilize the investment to accelerate its growth and expand its software platform across various technology-enabled businesses and industries. The firm is set to launch new products aimed at enhancing workplace management features, with specific targets for expansion into international markets over the next few years.