17 co-working office spaces in five countries and 11 cities, a network of 10,000 members working for 2,000 companies around the world, and a total of over 62,000 square meters under management. Mindspace, the global provider of high-end co-working space has grown rapidly in 2017 and has an even bigger appetite for more in 2018.
Mindspace operates inspiring co-working spaces throughout the U.S., U.K., Germany, Poland, and Israel, and offers private offices to large enterprises, small and medium-sized companies, startups and entrepreneurs. 2017 witnessed a fast climb for Mindspace, which established many new locations. Germany became the largest Mindspace market with eight sites spread across Berlin, Munich, Hamburg, and and Poland earned its first Mindspace in Warsaw atop the city’s most happening spot, Hala Koszyki. London also welcomed its first two Mindspace locations, and the company announced its major expansion to the U.S. in 2018 with the signing of two sites in Washington D.C. and San Francisco.
Yotam Alroy, Co-founder and Chief Business Officer at Mindspace: “The office market is changing dynamically and co-working is at the forefront. What was once the solution for freelancers, entrepreneurs and early-stage startups, is now competing in the market for corporations and large companies who choose to place their innovative, project, and R&D teams away from company headquarters. As we grow throughout the world, we also see the growing demand from global enterprises for business suites and entire floors at our spaces. World-leading brands like Microsoft, Siemens, Samsung, SAP, Booking.com, Barclays Bank, Lufthansa, Euronews, DB, ABSL, and many more are among our customers at Mindspace.”
In 2017, Mindspace signed the second largest deal in co-working history with Microsoft. The technology giant secured an entire new Mindspace building in Herzliya, Israel to accommodate hundreds of employees. Two floors and a total area of 3,000 square meters of inspiring design greet the Microsoft employees at Mindspace. The deal also triggered Mindspace to secure an additional floor at the building and double its overall space, to build a community of startups and businesses alongside the large Microsoft team.
Yotam Alroy: “At Mindspace, members gain access to our extensive, global network that is comprised of innovation teams from large enterprises and many smaller teams. This combination creates the Mindspace magic – enterprises are exposed to the startup way of working and develop new products and business models at a faster pace. Startups, on the other hand, get valuable exposure to the large enterprises that can help validate their offering, take it to market, and help them scale. In addition, both large companies and small ones take advantage of our global offering that lets every member get access to all of our locations worldwide at no additional cost, and have a comfortable place to work and a sizzling welcoming community at many global metropolises.”
In 2018, the company plans to expand dramatically in the U.S., while sustaining its leadership in the European co-working market, already having announced the first new city for the year – Frankfurt in Germany. Given its rapid expansion in 2017, Mindspace is likely to surprise us with news from around the world in 2018, too.