The Instant Group has announced a fresh investment into flexible office data firm CoworkIntel.
The analytics company is based in Spain and the US, allowing both coworking operators and landlords to track movement within their space to make informed business decisions.
CoworkIntel users are also able to analyze activity within their region, compare it against their business model and better understand what occupants may desire from their space.
With both companies in tow, the platform will have the ability to reach 4,000 markets around the world.
“The data in the platform will provide a deeper understanding of flexible workspace and its position within the wider office market at a time when demand for flex continues to explode,” said Tim Rodber, CEO of The Instant Group.
“By investing in CoworkIntel, we will be able to scale its data, insights and increase transparency in the sector for investors, operators, landlords and occupiers.”