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SpaceIQ develops a cloud-based workplace management platform designed to optimize real estate strategy and space utilization for businesses. Its comprehensive software combines various data sources to offer solutions for desk booking, space planning, and resource management. The platform provides tools that enable organizations to efficiently manage their physical workspaces, adapting to evolving demands for flexible and dynamic work environments.
The company was founded in 2016 by Shahar Alster and Jeffrey Revoy, establishing its headquarters in Mountain View, California. Alster and Revoy identified a growing need for sophisticated software solutions to navigate the complexities of modern workplace administration and resource allocation. Their vision centered on creating a unified system that could bring clarity and efficiency to facility managers and employees alike.
SpaceIQ’s product serves a broad range of organizations seeking to enhance their operational efficiency and employee experience through better space management. The company aims to equip clients with the necessary tools and insights to make informed decisions about their real estate portfolios. This commitment reflects a forward-looking approach to workplace evolution, helping businesses adapt to future models of work.
SpaceIQ has raised $9.0M across 2 funding rounds.
SpaceIQ has raised $9.0M in total across 2 funding rounds.
SpaceIQ is a workplace management technology company that provides a cloud-based platform for facilities management, space planning, and real estate optimization, serving businesses of all sizes to transform workplaces from cost centers into competitive advantages.[1][2] Its core products include real-time floor plan visualizations, seating allocation, move management, asset tracking, and integrations with HR, IT, and ERP systems, addressing hybrid work challenges like occupancy planning, employee experience, and cost analysis.[2][5][6] The company has demonstrated growth momentum through acquisitions and rebranding, now operating under Eptura as part of a global worktech platform with over 10,000 customers worldwide, while maintaining strong user adoption for its intuitive features and responsive support.[5][6]
SpaceIQ was founded in 2012 by seasoned business and technology leaders aiming to revolutionize workplace efficiency, with early headquarters established in Denver, CO, at 1550 Wewatta St, housing engineering, product, sales, and executive teams.[1][4] The idea emerged from recognizing workplaces as underutilized assets, leading to the development of innovative space management tools that gained traction amid rising demands for flexible office solutions.[1][2] A pivotal moment came through its integration and evolution into iOFFICE + SpaceIQ, enhancing capabilities with IoT sensors, visitor management, and demand-based services, before fully transitioning under the Eptura umbrella to expand its global reach in worktech.[5][6]
SpaceIQ rides the hybrid work and workplace optimization trend, capitalizing on post-pandemic shifts where employee expectations for flexible spaces, real estate efficiency, and data-connected environments have surged.[5][6] Timing is ideal amid market forces like rising office vacancies, IoT proliferation, and corporate pressure to cut costs—its tools enable repurposing idle spaces into revenue drivers via AI analytics and occupancy insights.[3][5] By influencing the ecosystem, SpaceIQ (now Eptura) empowers over 10,000 enterprises to enhance business outcomes, fostering innovation in worktech through unified platforms that bridge people, places, and assets, and setting standards for integrated experience management beyond traditional IWMS.[5][6]
SpaceIQ's trajectory points toward deeper AI-IoT integration and global expansion under Eptura, focusing on predictive analytics for occupancy, sustainability-driven planning, and touchless experiences amid evolving hybrid norms.[5][6] Trends like demand-based asset management and employee-centric tech will propel growth, potentially amplifying its role in CRE optimization as firms consolidate portfolios. Its evolution from niche space tools to a comprehensive worktech hub positions it to shape how organizations turn workplaces into strategic advantages, echoing its founding mission.
SpaceIQ has raised $9.0M in total across 2 funding rounds.
SpaceIQ's investors include ACME Capital, Craft Ventures, Khosla Ventures, Long Journey Ventures, Next47, Precursor Ventures, Vertex Ventures, Ligaya Tichy, Scott Banister, Shervin Pishevar.
SpaceIQ has raised $9.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in July 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2017 | $7.0M Series A | ACME Capital, Craft Ventures, Khosla Ventures, Long Journey Ventures, Next47, Precursor Ventures, Vertex Ventures, Ligaya Tichy, Scott Banister, Shervin Pishevar | |
| Feb 1, 2016 | $2.0M Seed | ACME Capital, Craft Ventures, Khosla Ventures, Long Journey Ventures, Next47, Precursor Ventures, Vertex Ventures, Ligaya Tichy, Scott Banister, Shervin Pishevar |