OfficeRnD raises £2.3m in a Series A round led by Flashpoint and Launchub to accelerate growth
The investment was led by Flashpoint Venture Capital and Launchub Ventures to support product development and expansion.
OfficeRnD provides a management platform designed for flex spaces and hybrid work environments. The software helps organisations coordinate workplace logistics and tenant engagement.
OfficeRnD has secured £2.3m in a Series A funding round led by Flashpoint Venture Capital and Launchub Ventures. The company plans to use the capital to accelerate its growth, expand its product functionality, and improve user experience across its flexible workspace platform.
The business has experienced rapid growth over recent years, tripling its revenue annually and expanding its client base to support over 500 customers across 1,000 locations worldwide.
From the founder
"With the new funding, we plan to speed up our growth and redefine the workspace as we know it. By automating all key business processes and significantly improving the members’ experience, OfficeRnD plays a key role in shaping the future of the flexible working. We will use the investment to take the user experience, the functionality depth of our products and the services we provide to a new level and achieve our long-term vision – To Make Flexible Working (Workspace as a Service) the Way of Working."
Miro Miroslavov
CEO and co-founder at OfficeRnD
Investor perspective
"We believe that the way we work is currently changing in a significant way. As technology enables us to work remotely, workers are less keen to sit in cubicles and companies are exploring alternatives like coworking spaces and flexible offices to differentiate themselves. In order to serve these clients well, Commercial Real Estate owners need a technology enabler that allows them to manage operations efficiently. We looked into the market and were very impressed with Miro and the OfficeRnD team, which managed to build a market leader in the US and UK markets, incubating their R&D team in Bulgaria. With our investment they will be able to scale their R&D and Sales team further to be able to service even more happy customers."
Alex Konoplyasty
Managing Partner, Flashpoint
Use of funds
- 01Continue product development
- 02Fund research and development