Investment & Fund Management
European Investment Fund Partner
Full Credential Description
Spaceflow, a Czech Republic-based company, faced the challenge of evolving tenant engagement in commercial and residential buildings. As the COO, Pavel Jiranek noted, the approach to tenants had to adapt to keep them engaged, especially in the wake of the Covid-19 pandemic, which heightened the need for buildings to be more appealing and safe. The company aimed to provide a digital platform that connects the space ecosystem with the tenant community, ultimately resulting in increased return on investment (ROI) for landlords.
To address these niche issues, Spaceflow developed a comprehensive tenant experience platform that offers a variety of services, including booking meeting rooms, redeeming perks, and integrating third-party services. This solution not only enhances tenant satisfaction but also simplifies building management for landlords. The platform's focus has recently shifted towards residential properties, aiming to make them more attractive and comfortable for tenants while enabling landlords to manage their assets more efficiently.
The tailored solution provided by Spaceflow has led to significant quantifiable results. Backed by Day One Capital, a venture capital fund supported by the European Investment Fund (EIF) under the EUs Investment Plan for Europe, Spaceflow was able to invest in product development and expand its workforce by hiring around 20 new staff members. As a result, the company has grown substantially, now operating in 17 markets with 100 launched buildings and branches in major cities like London, New York, Munich, and Prague. This growth positions Spaceflow as a disruptor in the building experience sector, highlighting the importance of digital solutions in enhancing tenant engagement and driving profitability for landlords.