HotPatch secures £110k in seed funding to expand its workspace sharing platform.
HotPatch closes a six figure seed round to support its flexible space booking platform.
HotPatch operates a flexible space sharing platform that connects professionals with underutilised properties and locations. The company enables property owners to monetise spare areas while helping workers easily book functional spaces on demand.
London based workspace sharing platform HotPatch has secured £110k in a seed funding round. The fresh capital will support the company as it expands its platform and builds on its early growth.
Launched commercially in early 2020 just as pandemic lockdowns began, the startup has since onboarded nearly 300 individual spaces, known as Patches, ranging from salon chairs to recording studios. The platform has already attracted notable clients including PUMA and various creative communities.
From the founder
"It’s been such an exciting time, we have barely had the chance to breathe. What’s even more exciting is we are literally just getting off the ground and although we have almost 300 Patches available with one hell of a community behind us, we haven’t even started to demonstrate the wider impact of our product yet"
Yas Alimam
CEO at HotPatch