Investment & Fund Management

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, particularly 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 shift in focus from commercial to residential properties allowed Spaceflow to make buildings more attractive and comfortable for tenants while enabling landlords to manage their properties 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 EU’s Investment Plan for Europe, Spaceflow was able to invest in product development and expand its workforce by hiring around 20 new staff members. The company has successfully launched its platform in 100 buildings across 17 markets, including major cities like London, New York, Munich, and Prague. This expansion not only disrupted the traditional building experience but also positioned Spaceflow for continued growth in the coming years, demonstrating the effectiveness of their innovative approach to tenant engagement and building management.