Real estate
3:12 25 November 2021
Post by: WBJ

Mindspace raises $72 mln from institutional investors

Mindspace raises $72 mln from institutional investors
Source: Mindspace

Mindspace, the global flex office provider, secured funding of $72 million. The investment round is intended to support the continuation of the company's growth and its further expansion in Europe, the United States, and Israel. The round was led by Harel Insurance Investments and Financial Services, More Provident Funds, Arkin Holdings, and existing investors. Existing investors include Yoav Harlap, Kobi Rogovin, and Globalworth.

Mindspace, founded in 2014 by Dan Zakai and Yotam Alroy, currently operates 32 branches in 17 cities in 7 countries, spread over 100,000 square meters (over 1 million sq ft). In the past year alone, Mindspace successfully launched new branches in London, Tel Aviv, Philadelphia, and a new hub and spoke location outside Tel Aviv, at Yakum. 

“Mindspace is experiencing an impressive growth momentum and high demand in all its locations. We successfully faced the many challenges of COVID. Today, our locations are almost at full occupancy and the current investment led by Harel Insurance and More Provident Funds is intended to fulfill the rising demand in the market and to launch new locations in partnership with landlords worldwide,” Dan Zakai, CEO and Co-founder of Mindspace, said.

(WBJ)


offices
mindspace
dan zakai
flex office
hybrid solutions
harel
more provident funds
arkin holding

More News

lifestyle

LifeStyle
1 month ago

The partnership is all about complementing each other: model

LifeStyle
3 months ago

‘We are beginning to believe that we are gods, and there is only one God’: Maja Frykowska

LifeStyle
3 months ago

'I prefer to spend time with my daughter instead of reading comments about myself: Joanna Krupa

LifeStyle
4 months ago

Heckling and criticism become part of being a public figure: Malgorzata Ohme

Book of Lists

Book of Lists
1 year ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
2 years ago

25th jubilee edition of Book of Lists – project start