Coalition Space
Flexible workspace provider for businesses of all sizes.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Late VC | ||
| Total Funding | 000k | ||
Coalition Space provides flexible term office spaces, including private offices, coworking areas, virtual offices, and enterprise headquarters solutions. The company caters to a diverse client base, from individual entrepreneurs and startups to established enterprises, offering customizable and move-in-ready workspaces. Their business model focuses on providing flexible membership options, including day passes and monthly plans, allowing businesses to scale their office space as needed without significant upfront capital expenditure. Revenue is generated through these membership fees and rentals of their various office solutions.
Founded as a pioneer in the shared office space sector in 2002, Coalition Space has operated in markets such as New York City, Boston, Chicago, Jersey City, and Denver. A 2014 press release mentions Farhan Abbasi and Wellie Chao as co-founders during its expansion into Boston, aiming to create a collaborative hub for startups. Spencer Rothschild joined as Partner/CEO in 2017, bringing experience from the hospitality industry to enhance community engagement. Under his leadership, the company navigated market challenges by selling a majority of its assets in 2018 and 2019, a strategic move that helped it survive the COVID-19 pandemic. The company is currently in a growth phase, expanding its footprint through partnerships with landlords and asset managers, such as a 2025 partnership with Jack Resnick & Sons for a new Grand Central location in Manhattan.
Coalition Space's offerings are designed with productivity in mind, featuring modern-tech infrastructure, security, high-speed internet, and professional services like mail handling. Their locations are often situated in prime business districts, providing convenient access to transportation and local amenities. For instance, their Denver location is in a Class A building in the Central Business District, and their Penn Station office in New York offers proximity to major transit hubs. Keywords: flexible workspace, coworking space, private offices, virtual offices, enterprise solutions, shared office space, meeting rooms, office rentals, business headquarters, hybrid workspace, move-in ready offices, office amenities, professional address, corporate real estate, workspace solutions, New York City offices, Denver coworking, New Jersey offices, flexible leasing, startup office space