OfficeRnD – Managing an Office by Alexander Gornyi

The post was originally published in Russian on Startup of the Day. Alexander kindly agreed to republish what we think is of great value to our readers.

In the good old pre-pandemic times, coworking spaces were trendy. WeWork rose and fell, and the number of small local companies grew stably all over the world. This market grew its own shovel traders – specialized SaaS. Even the most shabby coworking spaces got fancy accounting, and their clients got a fancy mobile app with an opportunity to book negotiations personally.

There have been many automation services like this. To my knowledge, none of them grew big, the market size was just not sufficient. OfficeRnD, an English startup of the day, created a service pretty similar to the rest and did not stand out among others. It launched in 2015, in 2019 it matured enough for a USD 3M round. Not nearly a significant amount by local measures, many bright in as much upon a presentation.

And then came the virus. One of the post-pandemic world’s trends is that every office is its own coworking space. In many companies, people spend half of their time working remotely, and it means that these companies can hire more people than the number of equipped working places they have, which means working places need to be booked, which means it requires some sort of automation. OfficeRnD bit into the new clientele, and now its is its primary niche and hope for its future.

In its October’s round, the startup brought in as much as USD 10M.

https://officernd.com/

#offline #saas #uk #rounda

Translation: Kostiantyn Tupikov