What Second Home does

Second Home is a private workspace operator founded in 2014 by Rohan Silva and Samuel Aldenton, headquartered in London and operating three locations: Spitalfields (East London), Holland Park (West London), and a site inside the Mercado da Ribeira in Lisbon. The company sells flexible workspace through subscription memberships (resident desks from £325-£425 per month, roaming hot-desking from £220-£250 per month, private offices from £450-£500 per month per member), transactional day passes (£25/€25 single day, with 3/5/10-day bundles), and usage-based meeting room and venue hire (£40-£65/hr meeting rooms; £425-£500/hr event spaces). Customers are primarily entrepreneurs, creative agencies, sustainability-focused ventures, and small teams who value the biophilic interiors, flexible lease terms, and curated cultural programming over conventional office space.

The underlying technology investment is concentrated in sustainable architecture rather than software. The Holland Park site features a weather-responsive bubble roof that adjusts in real-time to reduce heating and cooling load, while the Lisbon location uses an automated night-purge natural ventilation system combined with underfloor thermal piping for seasonal temperature regulation. The Lisbon workspace contains approximately 600 plants, framing the brand as an "urban jungle." Supporting digital infrastructure is minimal and non-differentiated: Google Analytics for web analytics, Eventbrite for cultural event ticketing, and a GDPR cookie compliance plugin. There is no proprietary software platform, no mobile app, and no API offering.

The business model is asset-heavy real estate with subscription recurring revenue anchored by memberships and private offices, supplemented by higher-margin but lumpy venue hire (Libreria bookshop at 65 Hanbury Street, La Despensa café, rooftop and auditorium event spaces), day passes, and meeting room rentals. Go-to-market is hybrid: self-serve booking for day passes and meeting rooms through the website, and inside sales for memberships and private offices. Distribution is amplified by a structured referral programme (up to £1,000/€500 per introduction), earned media coverage in Wallpaper, Dezeen, The Guardian, and RIBA Journal, and cultural programming that doubles as top-of-funnel marketing. The legal entity is Harrington Acquisition Ltd, a UK private limited company, with cumulative disclosed funding of approximately $73M across rounds from 2014-2019 (Firestartr, Samos Investments, FJ Labs, Index Ventures, LocalGlobe, White Star Capital, Perscitus LLP, Talis Capital, and Goldman Sachs).

Name

Second Home

Legal name

Harrington Acquisition Ltd

Website

https://secondhome.io

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Second Home operates design-led, biophilic coworking spaces, private offices, and event venues across two London locations and Lisbon, serving entrepreneurs, creative agencies, and mission-driven businesses via subscription memberships and flexible lease terms.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Coworking Memberships: Monthly recurring revenue from resident desks (dedicated permanent desks) and roaming memberships (hot desking access) in London and Lisbon locations.
2. Private Office Rental: Revenue from fully serviced private office spaces for teams, with flexible lease terms, including all utilities, furniture, Wi-Fi, meeting room credits, and access to shared spaces.
3. Day Passes: One-time revenue from single and bundle day passes for coworking and private office day access, available in London and Lisbon.
4. Meeting Room Hire: Hourly rental of meeting rooms in Spitalfields and Holland Park (London) and Lisbon, with AV, Wi-Fi, and catering available.
5. Venue Hire: Revenue from private hire of event spaces including The Rooftop, The Auditorium, The Café, The Study, Hanbury Studio, Workshop Space in Spitalfields; The Courtyard in Holland Park; and The Lounge and The Studio in Lisbon.
6. Libreria Bookshop: Revenue from independent bookshop operation at 65 Hanbury Street, London, featuring curated book selections and hosting cultural events.
7. La Despensa Café: In-house café providing food and beverages to members and event attendees, located at London locations.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

No core offering information could be extracted from the provided input.

Product overview

Second Home operates as a workspace and cultural venue company offering flexible coworking spaces, private offices, meeting rooms, and venue hire across three locations in London (Spitalfields and Holland Park) and Lisbon (Mercado da Ribeira). The product portfolio comprises flexible workspace memberships (Resident Desk, Roaming Desk, Day Passes) as well as private office solutions and meeting room hire. Additional services include a cultural events programme, in-house café (La Despensa), and an independent bookshop (Libreria). Venue hire extends to multiple event spaces including auditoriums, rooftops, courtyards, and studios available for private events. The company differentiates through biophilic design, creative community building, and cultural programming.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Supported over 18,000 businesses since 2014
• +1 more outcomes

Named customers7 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Mercado da Ribeira / Time Out Market LisboacoreStrategic or Co-development PartnerSecond Home Lisbon operates inside the iconic Mercado da Ribeira building, one of Lisbon's most iconic destinations. This partnership places Second Home within the vibrant Time Out Market, providing unique foot traffic and cultural synergies between food, culture, and workspace.
• Now ServingminorStrategic or Co-development PartnerPartnered with Now Serving to host Noma 2.0 book discussion featuring chefs René Redzepi, Mette Søberg, and Junichi Takahashi at Second Home.
• Luminary BakeryminorGTM or Marketing PartnerPartner providing teas for 'Tea at 3' community events. Luminary Bakery is a social enterprise providing opportunities for women to build a future for themselves.

Scale indicators4 records

Recent moves6 records

Expansion highlights2 records

Broad incumbents

• WeWork: Global coworking giant operating thousands of flexible workspace locations. While at vastly larger scale and mass-market positioning, WeWork directly competes for Second Home's coworking and private office customers across London and overlapping geographies.
• IWG (Regus, Spaces): The world's largest flexible workspace operator with brands including Regus, Spaces, and HQ. Competes across all price points and geographies, including premium tiers that overlap with Second Home's positioning in London and Lisbon.

Direct peers

• Industrious: Premium flexible office provider focused on enterprise-grade spaces with hospitality-driven design. Closely comparable to Second Home on premium positioning, design-led differentiation, and target segments (growing SMEs and enterprise satellite teams).
• Mindspace: Premium boutique coworking operator with locations across Europe, Israel, and the US. Competes directly with Second Home in design-led flexible workspaces targeting entrepreneurs, creatives, and growth-stage companies.
• Fora: London-born premium flexible workspace operator (formerly Boutique Workplace Company) focused on design-led offices in prime London locations. Directly competes with Second Home for creative and professional services tenants in the London market.
• Uncommon Co-working: London-based premium coworking operator with multiple UK locations offering design-led flexible workspace. Targets similar creative and professional segments with comparable premium pricing and amenity positioning.

Emerging players

• Convene: Premium flexible workspace and meeting/events operator combining coworking with hospitality-grade meeting and event venues. Comparable to Second Home on the venue hire and meeting room side of the business.
• The Wing: Originally a women-focused coworking and community space brand. While narrower in audience focus, The Wing shares Second Home's design-led, community-ecosystem-driven differentiation approach in the premium coworking niche.

Others

• Knotel: Once a major flexible office provider focused on enterprise-grade custom spaces. Despite its 2021 wind-down, it represents the category of capital-intensive flexible office competitors that shaped market expectations around the model.

Regional players

• Hubud: Bali-based co-working space that pioneered biophilic, tropical-design coworking. While geographically distinct, it shares Second Home's nature-integrated design ethos and community-tourism positioning of premium creative workspaces.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/second-home
• Instagraminstagram.com/secondhome_io
• TikToktiktok.com/@secondhome_io?lang=en
• Xx.com/secondhome_io
• Facebookfacebook.com/secondhomeldn

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Second Home