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Techspace
Workspace & events provider for tech companies
- 21-100 employees
- B2B
- Enterprise
- Office
- Real Estate
- Events
- London, UK
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Company mission
To be the go-to place for pioneering tech, freeing teams to build the future, with a network that spans the world’s leading tech hubs.
39% employee growth in 12 months
Our take
Despite taking a massive dip during the worst months of the pandemic, coworking and flexible office spaces have recovered quickly. In fact, the shift to more hybrid styles of work has seen the sector’s growth accelerate as companies look for more flexible terms.
Founded in 2012, Techspace operates a comparatively small number of office buildings in London and Berlin, but it counts the likes of Pleo, Trade Republic, and Mr Yum amongst its alumni. Indeed, the company tends to focus more on quality, community, and professional networking prospects than sheer volume.
In fact, Techspace has to some extent been liberated to double down on this community and network angle since it was bought by US-based coworking space brand Industrious in 2019.
This acquisition was followed by the appointment of former Jonathon Bevan, who previously led the Ministry of Sound’s expansion into shared workspaces, as CEO. With the financial security afforded by Industrious, and Bevan’s track record in the industry, Techspace can be positive about future growth.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Annual leave: We believe you should take time away from work to recharge, pursue other interests, travel or just spend time with friends and family. That’s why all our team in the UK have 27 days and in Germany 30 days (pro-rata) of annual leave per calendar year, in addition to bank holidays.
- WFH: Our purpose is to create great workspace experiences for our members, so our default is to work from the office. But if you want a change of scenery, or need to focus, working smart sometimes means working from home or away from the office.
- Pension contribution (UK): All UK team members are auto-enrolled into our Company Pension – The People’s Pension. Techspace will contribute 3% of Qualifying Earnings, which along with your own contribution results in a >8% contribution each month. Of course, you can contribute more if you wish. For our German team, this is covered in its entirety by the government.
- Season ticket loan for commute: We understand that commuting is expensive and are here to help. So, if you need us to pay your annual train ticket upfront you can apply for a season ticket loan. Techspace’s loan to you will be repayable in 12 instalments and deducted directly from your pay. In Germany we will contribute €300 to your annual train ticket which is not repayable.
- Bike to work (UK): Techspace gives you the opportunity to purchase a bike for your commute (or part of your commute) to work through pre-tax salary sacrifice. This means we will pay the upfront cost of your purchase, which includes the bike, safety and security equipment, panniers, child seats etc. leaving you to repay this amount over 12 months from your pre-tax income.
- Private healthcare (UK): Techspace covers the cost (excluding any income tax liability) of private health insurance as well as a cash plan. The cash plan gives you the opportunity to spend, for example, £120 per year on eye care, £120 per year on dental care, £300 per year on a range of therapies and £150 on Bupa health assessments all of which can be reimbursed by the cash plan. You also have access to a private GP through either Babylon Health or DrCareAnywhere.
- Professional development: We're always looking to invest in our team, whether its career progression planning, skills and leadership training and development or certification. Everyone is different, and every role varies, so this will be evaluated on a case by case basis with each individual. Of course, if you want to discuss a change in role or department at any time, we're open to supporting you anywhere we can!
- Flexible working: We trust our team members to take ownership of their objectives, that’s why we track performance through setting objectives and monitoring outcomes not through clock-watching. We are flexible with our working hours and trust you to work smart.
Company values
- We care – We care deeply about our fellow Techspacers, about serving our members and about our impact on the world.
- We are open – We create environments that support openness and honesty. We listen to each other, challenge, support, and always assume positive intent.
- We move with thoughtful pace– We have a bias for action and being decisive. We trust each other to take risks and we learn from our mistakes.
- We strive to improve – We are ambitious, stretching ourselves to innovate and always do better.
- We seek balance – We choose fun and fairness, and support each other to find our balance.
Funding (2 rounds)
Nov 2019
$6.5m
SERIES B
Jun 2016
$7.2m
SERIES A
Total funding: $13.7m
Leadership
Jonathan Bevan
(CEO, not founder)Was hired as CEO in 2019 after Industrious' acquisition of the company. Prior to this they were CEO of the Ministry of Sound for two years, having served 11 years as Non-Executive Director of Clear Media Limited in Hong Kong.