Big companies that started out of coworking spaces

Who says you need to be backed by big-time investors in order for your startup to really take off. In the last few years the increase in coworking spaces has generated some of the most successful new age companies to date. Here is a list of famous companies who started out from coworking spaces.

Indiegogo is the biggest crowdfunding website helping hundreds of ideas get funded every day. In a very short span of time, it has been able to raise more than 80 million dollars, completed 6 lacs projects and has been operating in over 223 countries. The founder of this website says that had it not been for the support of the coworking space, they would not have made it so far. Right now it helps to support every kind of startup and idea possible, making one of the biggest crowdfunding websites till date.

Of course, you have an account, who doesn’t. It all started with an idea to eliminate the terrible taxi problems of San Francisco but is now present all over the world. The thought processes behind Uber started developing in one of the coworking spaces and with the help of the strong professional community, they were finally able to devise a solution to this problem. Currently, Uber is one of the most sought-after online cab systems available all over the globe, operating in 60 countries.

This is one of the coolest tech startups that began its journey in a coworking spot called ‘Rocket Space’. Right now, it consists of 159 million active users and the annual revenue is absolutely mind blowing. They reached nearly 5 billion dollars in annual revenue in 2017. Interesting to know is that the journey began at a coworking space. Spotify is estimated to have a net value of $8 Billion. This again indicates the fact that even the coworking spaces can be a nursery ground for big corporate companies. and startups that can be hugely successful.

In the year 2014, this was one of the few startups that thought about connecting job seekers with the companies so that the demand and supply chain could be well maintained. Within a very short period of time, it was able to raise 63 million dollars. ZipRecruiter was also launched in Coloft, which was a coworking space in Santa Monica, California. Unfortunately, the space closed down in the year 2016.

Charity: Water
It’s not only the big businesses that have started their journey from coworking spaces but many big non-profit organizations have also done so. Charity is one of these organizations as it has the mission of bringing safe drinking water to numerous people all around the world. It launched in the year 2006 and has been able to accomplish more than 21000 projects so far. The secret to their success is the coworking trend.

Did you know that the application which has inspired a lot of foodies and travel bloggers and also started the culture of the selfie was born in a coworking space? Kevin Systrom and Mike Krieger, founders of Instagram who have recently quit Facebook say that the journey has been tough but the coworking communities had helped them a lot. After repeated failures, it took them 8 weeks to develop the app and finally it was launched successfully for both the iOS and Android platforms in 2010. Instagram was later acquired by Facebook in 2012 for a whopping billion dollars, not bad for 2 hard years of work.