OfficeRnD

OfficeRnD - a British startup developing the platform of the same name for collaboration.

History

2021: Investment attraction from Runa Capital

In mid-October 2021, the Runa Capital fund invested in startup OfficeRnD. The funding round was held against the background of the growing popularity of the hybrid format of the organization, when employees combine remote work with office.

The decentralized reality of office work after the COVID-19 pandemic continues to stimulate many startups. The hybrid office model itself means that OfficeRnD offers flexible jobs for employees who want to spend part of their time working in a common physical room, and not just connect to the network and work remotely from home. The particle RnD in the general name OfficeRnD, does not mean research and development at all, but rather this designation of rooms and tables, as noted in the company itself.

Runa Capital invests in UK collaboration platform

OfficeRnD closed Serie A in the amount of $10 million, funding was needed to continue the development of software, like services (SaaS) for landlords and office managers. The service offers functions such as resource planning, employee involvement in the workspace, financial management tools through web and mobile applications. The financing was led by Runa Capital, Flashpoint Venture Capital and LAUNCHub Ventures also took part.

The funding will be used to expand the marketing activities of the OfficeRnD in order to increase market share, including through expanding partnerships. As of October 20, 2021, OfficeRnD has more than 1 thousand customers using its tools to manage more than 2 thousand flexible spaces and offering what it describes as work from anywhere that affects many different tasks of tenants and more than 300 thousand employees.

OfficeRnD customers are located in more than 90 countries, but the best market for the company is the United States, which accounts for 45% of customers, then about 15% in the UK, 15% in the EU, 15% in ATP and 10% in other countries. According to the company, about 800 of them, as well as about 100 landlords, remain typical customers of the company. A product called OfficeRnD Hybrid is designed for these enterprise customers to help them move from a traditional mode of operation to a flexible, hybrid office model. According to the company, the new funding will be aimed at investing significant funds in this hybrid work management proposal.^[1]

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