High-Level Overview
BeerOrCoffee, now rebranded as Woba, is a Brazilian technology platform providing a B2B marketplace for on-demand flexible workspaces, serving companies transitioning to hybrid work models. It connects businesses and professionals to over 1,500 coworking spaces, offices, meeting rooms, and event venues across 200+ cities in Brazil (and expanding in Latin America), solving the challenges of distributed teams by offering subscription-based access like OfficePass—a pay-as-you-use model that optimizes costs, boosts productivity, and centralizes workspace management via a dashboard.[1][3][5][6] With 152 employees as of recent data, Woba's growth accelerated post-pandemic, quadrupling reservations by 2022, fueled by hybrid work demand, and it has raised $13 million total, including a $10 million Series A in 2021 led by Kaszek.[2][3][5]
Origin Story
Founded in 2017 in Belo Horizonte, Brazil, by Roberta Vasconcellos (CEO), Pedro Vasconcelos, and Eric Santos, BeerOrCoffee started as a networking platform to connect people for casual business meetings over beer or coffee, tapping into a sharing economy vibe.[1][5][6] The idea pivoted quickly when the team recognized coworking spaces as ideal hubs for these interactions, evolving into a workspace access marketplace.[5] Early traction came from accelerators like Start-Up Chile and praise from investors for its scrappy, global-ready model; it secured seed funding from Booking.com co-founder Kees Koolen in 2018.[1][3][5] The COVID-19 pandemic supercharged adaptation to hybrid needs, leading to the 2022 rebrand to Woba ("Work-Life Balance") to reflect its expanded ecosystem of flexible office solutions, with Marco joining as COO in 2023.[5][6]
Core Differentiators
- Vast Network and Scale: Largest in Latin America with 2,000+ flexible offices, 3,500+ meeting rooms, 300+ event spaces, 11,000+ workstations, and 2,100 private offices across 300 cities, partnering with premium operators like WeWork and Selina.[3][5][6]
- Flexible Subscription Model (OfficePass): Pay-as-a-service (PaaS) for actual usage, eliminating fixed infrastructure costs like furniture and cleaning; employees book nearby spaces via app for better work-life balance.[3][6]
- Advanced Tech Platform: AI-driven recommendations, seamless booking, data analytics for optimization, and a centralized dashboard for multi-location management; enhances user experience with intuitive features and operator collaboration.[4][5][6]
- Proven Growth and Feedback Loop: High NPS, occupancy rates, and retention; 387% reservation surge by 2022, backed by tech investments for expansion and internationalization.[5][6]
Role in the Broader Tech Landscape
Woba rides the global hybrid work trend, capitalizing on post-pandemic shifts where distributed teams demand flexible, cost-efficient spaces over traditional leases. Timing is ideal in Latin America, where rapid urbanization and remote work adoption outpace office infrastructure; market forces like rising real estate costs and talent mobility favor on-demand models, reducing bureaucracy for SMEs and enterprises.[3][5][6] It influences the ecosystem by partnering with operators to elevate space quality, driving occupancy via tech, and pioneering "Workspace as a Service"—pushing Brazil's proptech toward scalability and setting a blueprint for regional expansion.[6]
Quick Take & Future Outlook
Woba is poised for LatAm dominance, leveraging recent funding to roll out advanced tech like predictive analytics and enter new markets beyond Brazil, potentially hitting thousands more spaces amid sustained hybrid demand.[6] Trends like AI-optimized real estate and work-life integration will propel it, evolving from connector to full ecosystem enabler—watch for enterprise deals and operator tech integrations. This positions Woba as the go-to for collaborative, productive business generation in a flexible world, echoing its origins over beer or coffee.[1][6]