What is Letswork?
Founded in 2019, Letswork has established itself as the leading coworking app in the United Arab Emirates. The platform facilitates seamless booking of inspiring venues across Dubai, Abu Dhabi, Sharjah, RAK, and Ajman, enabling users to work, meet, and connect. Its service offerings include unlimited beverages, access to meeting rooms, and complimentary parking, catering to the evolving needs of remote workers and flexible professionals. Letswork operates within the burgeoning flexible workspace sector, a market segment that has seen substantial growth driven by the shift towards hybrid work models.
How much funding has Letswork raised?
Letswork has raised a total of $2.1M across 1 funding round:
Angel/Seed
$2.1M
Angel/Seed (2022): $2.1M with participation from Global 500 Environmental Forum, Dtec Ventures, and The Space
Key Investors in Letswork
Global 500 Environmental Forum
Global 500 Environmental Forum is an organization dedicated to promoting sustainable living and environmental awareness, advocating for ecological balance and eco-friendly practices. They support initiatives focused on environmental advocacy and sustainable solutions.
Dtec Ventures
Dtec Ventures is a major tech startup coworking campus in the Middle East, offering an integrated entrepreneurial ecosystem with business setup support and coworking spaces. They focus on fostering innovation and growth for early-stage tech entrepreneurs.
The Space
The Space is a studio destination focused on creating a community founded on acceptance and inspiration, offering fitness classes and aiming to empower individuals to achieve more. They provide a space for personal growth and well-being.
What's next for Letswork?
With the recent major strategic investment, Letswork is poised for accelerated expansion and service enhancement. The company's focus on providing a comprehensive coworking experience, from flexible workspace access to networking opportunities, positions it well to capitalize on the increasing demand for agile work solutions. Future developments are likely to involve expanding its network of venues, enhancing its digital platform, and potentially exploring new geographic markets. The strategic backing suggests a focus on scaling operations and solidifying its market leadership within the UAE and potentially beyond.
See full Letswork company page
