What Kitt does

Kitt is a London-based managed office operator founded in 2018 by Steve Coulson and Lucy Minton, both former JustPark employees. The company provides fully fitted, hospitality-led private workspaces under a single all-inclusive monthly subscription covering rent, rates, service charge, fit-out, furniture, utilities, broadband, cleaning, maintenance, F&B, and an office management app. Its target customers are SMEs and scaling teams outgrowing coworking, plus larger enterprises seeking project offices or regional HQs; on the supply side, Kitt partners with commercial property brokers (10% commission on new deals, 5% on renewals) and institutional asset owners who supply repositionable London stock.

Kitt's core operational product is the proprietary Kitt Platform, a mobile and web application built on AWS that delivers access control, desk and meeting room bookings, visitor management, service request tracking, and real-time analytics for tenants and landlords. The platform is supported by a 60+ person in-house team covering design, facilities management, hospitality, F&B, maintenance, and IT - a structure Kitt claims makes it the only London provider with fully in-house service teams across these functions. As of the latest data, Kitt manages 180+ workspaces totalling 525,000+ sq ft across London neighbourhoods (West End, City, Farringdon, King's Cross, Shoreditch, Tower Hill, Fitzrovia), serving 244+ companies including Mastercard, Bolt, Flo Health, FlightStory, JustPark, Oatly, Spendesk, Capital on Tap, and BMJ.

The revenue model combines subscription-based all-inclusive monthly fees from occupiers, transaction fees from broker referrals, and asset owner management services. Kitt also offers a Managed Services Agreement (MSA) product that layers design, fit-out, and operational management onto any leased property, extending the offering beyond Kitt-marketed buildings. The company has raised approximately $15.9M across three rounds (2019 pre-seed; May 2021 seed led by Barclay Ventures; December 2021 round led by Hoxton Ventures), operates under the legal entity Kitt Technology Ltd (company no. 11349572), and is led by Steve Coulson (CEO), Lucy Minton (CCO), and Simon Warner (COO), with Oren Peleg as Chairman.

Name

Kitt

Legal name

Kitt Technology Ltd

Website

https://kittoffices.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Kitt is a London-based managed office operator that delivers fully fitted, hospitality-led private workspaces under a single all-inclusive monthly fee, serving 244+ companies across 180+ workspaces using an in-house design, operations, and technology team.

Ownership category

akta.pro rank

Product category

Managed Office Services

NAICS

General Rental Centers (5323)

akta.pro primary industry

Hospitality & Short-Term Rental Furnishings Subscription (STR/Property Managers) (CRAIAOAI)

Keywords

• Managed office spaces
• Flexible workspace solutions
• Commercial property management
• Office fit-out services
• Serviced offices London

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Managed Office Services: All-inclusive monthly subscription covering rent, business rates, service charge, building insurance, fit-out, furniture, branding, electricity, broadband, daily cleaning, waste management, maintenance, health and safety, and office management app. One simple monthly invoice for tenants.
2. Broker Referral Fees: Kitt pays 10% broker fee on the first 12 months calculated on all-inclusive gross rent for new deals, and 5% on renewals. This applies to both Kitt-marketed buildings and independently sourced spaces.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Kitt provides fully managed private office spaces across London, bundling design, fit-out, and ongoing building operations (cleaning, maintenance, IT, F&B, hospitality) into a single all-inclusive monthly subscription. Tenants also gain access to the proprietary Kitt Platform, a mobile and web app that handles building access, desk and meeting room bookings, visitor management, and service requests. The company also offers Asset Owner Services for landlords and a Managed Services Agreement for managing any leased space in London.

Product overview

Kitt is a managed office operator offering fully managed private workspaces across London through a single monthly fee model. The core product is Kitt Managed Workspaces — private, customisable office spaces with all-inclusive pricing covering rent, rates, service charge, insurance, utilities, IT, cleaning, maintenance, food and beverage, and hospitality. The Kitt Technology Platform (a proprietary mobile app and web interface) serves as the operational hub for tenants, enabling access control, desk and meeting room bookings, visitor management, service requests, and analytics. For asset owners, Kitt provides building management and leasing services through its Asset Owner Services. The Managed Services Agreement enables Kitt to manage any leased space on behalf of tenants. The company operates 180+ workspaces serving 244+ companies with a 60+ person in-house team covering design, facilities, hospitality, and technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Kitt Managed Workspaces Kitt's primary offering: fully managed private office spaces across London, providing design, fit-out, and ongoing management (cleaning, maintenance, IT, F&B, hospitality) bundled into a single monthly cost for tenant companies. Includes access to a mobile app for building management, with move-in ready delivery typically in 8–12 weeks and flexible terms from 12 months.
• Kitt Technology Platform Proprietary app-based platform providing a single interface for building management, including access and door control, meeting room and desk bookings, visitor invitations, service requests, and real-time analytics and reporting. Available via iOS and Android mobile apps to Kitt tenants.
• Asset Owner Services Building management and leasing services for landlords, including next-generation building management, facility management, investment-grade managed offices, and marketing and leasing support. Delivers +38% average rent uplift, 94% portfolio occupancy, 92% tenant retention, and design-to-keys delivery in 14 weeks for partner asset owners.
• Managed Services Agreement (MSA) An offering where Kitt bolts management services onto any leased property. Clients contract with their landlord under a normal lease structure and with Kitt under a separate MSA covering design, build, and management of the space. Works with any leased space in London.

Quantifiable outcome

• 99% of F&B requests resolved in a day
• +7 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core.

• BCCAPcoreStrategic or Co-development PartnerAsset owner partnership where BCCAP provides commercial buildings for Kitt to manage as managed offices. Part of Kitt's portfolio of asset owner partnerships.
• Amazon PropertycoreStrategic or Co-development PartnerAsset owner partnership where Amazon Property provides commercial buildings for Kitt to manage as managed offices.
• ZinccoreStrategic or Co-development PartnerAsset owner partnership providing commercial real estate for Kitt's managed office portfolio.
• Endurance LandcoreStrategic or Co-development PartnerAsset owner partnership with commercial property developer Endurance Land for managed office spaces.
• London and OxfordcoreStrategic or Co-development PartnerAsset owner partnership providing commercial buildings for Kitt's managed workspace portfolio.
• Columbia ThreadneedlecoreStrategic or Co-development PartnerAsset owner partnership with global asset manager for commercial real estate in Kitt's managed office network.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Second Home: Second Home is a London-headquartered design-led coworking and private office operator targeting creative and tech occupiers; comparable to Kitt on aesthetic positioning and London focus, though more skewed toward shared coworking and membership models.
• Huckletree: Huckletree is a London-based coworking and workspace operator known for design-led, community-focused spaces targeting tech and creative tenants; competes with Kitt for similar SME customers in London though typically with shared coworking rather than Kitt's private, fully-fitted model.
• Knotel: Knotel was a direct competitor offering fully managed private offices with a landlord partnership model very similar to Kitt's; the company filed for bankruptcy in 2021 and was acquired by Newmark, but its product, customer base, and operating thesis closely match Kitt's.
• Industrious: Industrious is a premium US-headquartered flexible office operator that has expanded into the UK; it shares Kitt's hospitality-led positioning and focus on enterprise tenants but at greater scale and broader geographic footprint (now part of CBRE).
• The Office Group: The Office Group is a UK-based managed office provider offering design-led, fully serviced workspaces on flexible terms — essentially the closest direct competitor to Kitt in London with a near-identical product, customer base, and pricing model.
• Work.Life: Work.Life is a UK-based premium flexible office and coworking operator with multiple London locations; it overlaps with Kitt on target customers (SME to mid-market occupiers) and design-led positioning, though it skews more toward coworking than Kitt's private floors.

Broad incumbents

• WeWork: WeWork is the largest global flexible office operator and a direct competitor in London's managed/coworking market, though its model skews toward shared coworking rather than Kitt's private, fully-fitted single-tenant offices.
• IWG (Regus, Spaces, HQ): IWG is the world's largest serviced office operator running Regus, Spaces, Signature, and HQ brands globally with thousands of locations; competes with Kitt primarily in London's premium flex-office segment but at far greater scale and broader geographic reach.
• Servcorp: Servcorp is a global serviced and virtual office operator with London presence; competes with Kitt in the premium serviced office segment but with a more standardized, less design-led product and a broader suite of virtual office and corporate services.

Emerging players

• Convene: Convene is a US-based operator of premium meeting, event, and flexible office spaces with a hospitality-led service model very similar to Kitt's; overlapping on target customers (enterprise occupiers wanting high-touch service) though with limited UK presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kittoffices
• Xx.com/kitt_offices
• Facebookfacebook.com/kittoffices

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds3 records

Investors4 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 Kitt