Chicago-based Workbox is expanding its services beyond managing and operating coworking spaces by investing into solutions that accommodate all flexible workers.
The startup has launched a $15 million venture capital arm Workbox Ventures, which will focus on investing into HR, financial and property tech. By covering these areas, the firm hopes to make the shift to a distributed workforce seamless and efficient.
“Look at the challenge that companies are having with onboarding new employees,” said Phillip Leslie, head of Workbox Ventures.
“Think about someone now that’s onboarding into that company from a 1,000 miles away … What does it take to onboard someone and make them feel confident and comfortable? We want to invest in those solutions.”
The company intends to provide solutions for a wide geographical region, but will focus its efforts on the Chicagoland area.
