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Office Management Software Firm Locks In $10 Million Funding Round

Aayat AlibyAayat Ali
October 18, 2021
in News
Reading Time: 2 mins read
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Office Management Software Firm Locks In 10 Million Funding Round

A world of opportunity for workspace management software company OfficeRnD has opened up in the age of the decentralized workforce.

The mass shift to hybrid work models has allowed the startup to close on a $10 million Series A funding round as the firm continues to shape up its software for landlords and office managers. 

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Yardi Kube automates flex and coworking operations

The company’s services include meeting room booking software, coworking member and employee engagement, financial management tools, and more. Its services also automate nearly every step of signing up for a coworking space, from e-signatures, to auto-billing, automatic invites to the space’s apps, and more.

OfficeRnD will use the funding to ramp up its marketing and expand its market share by growing partnerships. Currently, the company has over 1,000 customers where they manage more than 2,000 flexible workspaces across 90 countries.

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The U.S. makes up 45% of its customer base, followed by 15% in the UK, 15% in the EU, 15% in APAC, and 10% elsewhere.

“Technology has been on a steady path of enabling flexible work for over a decade and COVID-19 has only served to accelerate the process,” said Miroslav Miroslavov, cofounder and CEO of OfficeRnD. “Our platform allows landlords, flex workspace operators, and companies to engage people and manage their workplace on a flexible-first principle.”

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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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