Upflex launches coworking booking platform for sustainable, flexible spaces

Upflex makes a number of announcements, including securing $4.1 million in seed funding and the hiring of an ex-IWG Regus Senior Executive to the company's management team.

Upflex Inc., along with raising capital and bringing on former IWG Regus executive, Liassiine Talbi, to lead its global sales team, the coworking network provider also officially launched its coworking booking platform for business, boasting a marketplace of 8,000 workspaces in 200 cities across 65 countries. The seed funding round was led by Silicon Valley investor, Ecosystem Integrity Fund. 

There are three challenges that need to be addressed when it comes to running mid-to-large companies:

• Reduce their reliance on real estate and the number of long-term lease commitments
• Provide more workplace choices to their employees to stay competitive in terms of talent acquisition and retention
• Commit to sustainability goals driving toward a smaller carbon footprint.

Upflex looks to answer these challenges with a marketplace that companies can use to reduce their office costs and carbon footprint. The platform offers access to on-demand desks, private offices and meeting rooms which can be booked on a daily, weekly, monthly or yearly basis. 

The goal of providing selections like these through one seamless booking and billing system, companies can book more flexible spaces anywhere, at any time.

Christophe Garnier, CEO of Upflex, said:

"We believe the future of office space lies in the management and understanding of the usage data at scale. Our clients want access to a global and flexible inventory that matches their needs while reducing their office costs. We created the Upflex platform for them while setting a new standard in sustainable workplace."

Sasha Brown, Partner at Ecosystem Integrity Fund, said:

“We have seen the trend towards flexible work become an industry standard, with undeniable value-add and productivity gains. But, existing offerings forced companies to forecast their usage upfront, leading to over-expenditure and wastefulness. In our view, Upflex's model is the most sustainable and cost-effective solution that exists today.”

SOURCE Upflex Inc.
Edited by V. Haviland