Co-working startup Mindspace recently raised $20 million from Crossroads, a private equity firm in the UK, as it gears up to launch its first two locations in the U.S. While Mindspace is looking to go big or go home in the U.S., it’s starting off slow with its first two locations in San Francisco and Washington, D.C. Mindspace started in Tel Aviv about four years ago and has since expanded to Germany, Poland and the United Kingdom.
“We offer a much more flexible model than the traditional leasing market,” Mindspace co-founder Dan Zakai told me over the phone. “Flexibility is a big component.”
What makes Mindspace different from the likes of WeWork and others, Zakai said, is its emphasis on design and attention to detail.
“Each and every one of the spaces is unique and well-designed,” Zakai said. “There’s a lot of soul put into every one of our locations.”
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