Upflex

Upflex

Aggregates all workspace providers into one booking and billing infrastructure.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth--38 %189 %73 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Upflex
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Upflex operates in the flexible workspace industry, providing businesses with access to a global network of safe and efficient workspaces. The company serves a diverse range of clients including enterprises, growing companies, and startups. Upflex's business model revolves around offering a mix of private offices and coworking spaces that can be booked via their mobile app or website. This model allows businesses to scale their operations without the burden of long-term leases, thereby reducing fixed costs and enhancing flexibility. Upflex generates revenue through subscription fees and pay-as-you-go options, catering to the varying needs of its clients. The company is particularly focused on creating a sense of belonging and efficiency among distributed teams, making it easier for employees to work from different locations while maintaining productivity. Upflex's market includes major cities across the globe, offering solutions that are designed to be cost-effective and adaptable to uncertain times. The company's services are especially valuable in the current climate, where businesses are looking for ways to provide safe and flexible work environments for their employees.

Keywords: flexible workspace, global network, private offices, coworking spaces, subscription fees, pay-as-you-go, distributed teams, cost-effective, scalable solutions, productivity enhancement.

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Investments by Upflex

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WorkClub
ACQUISITION by Upflex Dec 2021