How Much Did Peerspace Raise?
Funding & Key Investors

Peerspace, a prominent player in the digital marketplace for short-term space rentals, has successfully navigated multiple capital infusion cycles to reach its current enterprise-level standing. With a cumulative total funding amount of $30.3M, the company has demonstrated a robust trajectory in scaling its operations. The most recent strategic investment of $1M underscores the firm's continued relevance in the evolving landscape of flexible real estate and event management solutions.

The company's growth narrative is defined by a series of deliberate financing milestones, beginning with early-stage backing in 2013 and 2014, followed by significant Series A and Series B rounds that solidified its market position. This capital trajectory reflects a sustained commitment to expanding its inventory of over 40,000 unique venues, ranging from creative studios to corporate meeting spaces.

What is Peerspace?

Peerspace
Real EstateMedia & InternetTicket Sales

Peerspace operates as a sophisticated peer-to-peer marketplace that bridges the gap between space owners and individuals or organizations seeking unique environments for events, film production, and professional gatherings. By digitizing the booking process for under-utilized real estate, the platform provides a seamless interface for hosts to monetize their assets while offering clients unparalleled access to diverse locations. The company's business model is deeply rooted in the sharing economy, leveraging technology to optimize space utilization across global urban centers. As a category-defining entity, Peerspace continues to influence how creative professionals and corporate entities approach physical space acquisition in an increasingly flexible work environment.

How much funding has Peerspace raised?

Peerspace has raised a total of $30.3M across 5 funding rounds:

2013

Debt

$800K

2014

Angel/Seed

$1.5M

2017

Series A

$11M

2018

Series B

$16M

2020

Debt

$1M

Debt (2013): $800K, investors not publicly disclosed

Angel/Seed (2014): $1.5M led by Structure Capital

Series A (2017): $11M supported by Carthona Capital, Foundation Capital, Red Bridge Partners, and Mitsui Fudosan

Series B (2018): $16M featuring GV

Debt (2020): $1M backed by PPP

Key Investors in Peerspace

Structure Capital

Structure Capital is a venture capital firm focused on building a zero waste economy by investing in seed-stage companies that optimize resources and empower communities.

Carthona Capital

Carthona Capital is a proactive venture capital firm based in Sydney, Australia, that invests globally in early-stage startups, typically at the Pre-Seed, Seed, or Series A stages.

Foundation Capital

Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth.

What's next for Peerspace?

Looking ahead, Peerspace is well-positioned to leverage its major strategic investment to further penetrate international markets and enhance its platform infrastructure. The company's focus on enterprise-level scalability suggests a shift toward deeper integration with corporate event planning workflows and potentially expanding its service offerings to include value-added amenities for hosts and guests alike. By maintaining a focus on operational efficiency and market expansion, Peerspace is poised to solidify its leadership in the venue-as-a-service sector, ensuring that its platform remains the primary destination for those seeking flexible, high-quality physical environments for diverse professional and personal use cases.

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Frequently Asked Questions Regarding Peerspace Financial Insights

What are the most recent funding rounds that Peerspace has completed, and what were the funding rounds?
Peerspace has recently completed 3 funding rounds: Debt on Apr 15, 2020, Series B on Jul 18, 2018, Series A on Mar 5, 2017.
What is the total amount of funding Peerspace has raised to date?
Peerspace has raised a total of $30.3M in funding to date.
How many funding rounds has Peerspace completed?
Peerspace has completed 3 funding rounds.
How much funding did Peerspace raise in its most recent funding round?
Peerspace raised $1M in its most recent funding round.
Who are the lead investors in Peerspace's latest funding round?
The lead investor in Peerspace's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Peerspace's history?
The largest funding round in Peerspace's history was $16M.
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