OfficeRnD, a London, UK-based provider of coworking and hybrid work software, has received a strategic investment. The exact amount of the investment was not disclosed.
SaaS Investors
The investment from Blue Star Innovation Partners.
Founded in 2016, Blue Star Innovation Partners is a private equity investment specializing in helping businesses grow. Based in Frisco, Texas, the firm invests in companies operating in the technology, B2B software, payment technology platforms, health, sports, and wellness sectors.
OfficeRnD Use of Funds
The company plans to use the funding to accelerate OfficeRnD's business growth and product offering, as well as support its expansion into North America.
About OfficeRnD
OfficeRnD provides a software solution for coworking spaces (OfficeRnD Flex) and businesses (OfficeRnD Hybrid. OfficeRnD helps flex space operators, landlords, property management companies and hybrid teams manage their flex or hybrid workspace. The company has grown and scaled rapidly since its inception in 2015, building a customer base of over one thousand companies across 70 countries that rely on their Flex or Hybrid products to run their operations.
Funding Details
Company: OfficeRnD Ltd.
Raised: Undisclosed
Round: Strategic Investment
Funding Month: October 2023
Lead Investors: Blue Star Innovation Partners
Additional Investors:
Company Website: https://www.officernd.com/
Software Category: Flex Space and Hybrid Work Software
Source: https://www.finsmes.com/2023/10/officernd-receives-strategic-investment-from-blue-star-innovation-partners.html