rent24
rent24 is a Berlin-founded global coworking and coliving operator running 40+ locations across nine countries on three continents, serving ~35,000 members (freelancers, startups, SMBs, corporates, digital nomads) via subscriptions, private offices, meeting rooms, event spaces, and franchise licensing.
- Company typePrivate
- Founded2015
- HeadquartersBerlin, Germany
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What rent24 does
rent24 is a Berlin-headquartered global coworking and coliving operator founded in 2015 by Robert Bukvić. The company runs more than 40 locations across nine countries on three continents (Europe, North America, Asia), serving approximately 35,000 members with a horizontal mix of freelancers, startups, SMBs, corporates, and digital nomads. Core offerings span Flex Desk and Fixed Desk memberships, private offices and custom office suites, hourly/daily meeting rooms, event venues for 20-300 people, and coliving accommodations; ancillary revenue comes from catering, virtual office (Business Address), interior design, IoT-enabled smart-lock installations, F&B concepts (Cofooding, Erntezeit, Urban Supply, White & Rose, Magna Plaza Food Court), and franchise license fees.
The underlying technology stack combines a central multi-location booking engine accessible via web and a Members App with IoT-enabled smart-lock systems and camera surveillance for meeting rooms. The proprietary PRIMARY blockchain platform, launched via a 2018 ICO targeting $500M (outcome unconfirmed), is positioned as a member networking and service-exchange layer with an internal token economy. Go-to-market is hybrid: direct online booking for self-serve SMB/individual buyers, an on-site and corporate sales team for enterprise accounts, and a 2019-launched franchise channel for capital-light geographic expansion. International growth has historically been acquisition-led (Telegraph Moscow, The Brew London, Nova Iskra Belgrade, Hub385 Zagreb, Chasopys Ukraine, Friendsfactory AG, OfficePort) with recent emphasis on joint-venture entry into India (Village Groupe, 2022) and digital expansion via a Metaverse location with Primary.io.
The business model is recurring-revenue heavy (monthly memberships, private office leases, coliving subscriptions) complemented by usage-based meeting/event rentals and franchise royalties. The company is privately held by its founders with no disclosed institutional venture capital; the only documented capital instrument is a 20M EUR internal venture fund launched in 2016 for ecosystem investments. Headcount sits at 101-250, and the legal parent entity is Valmistum Verwaltungs GmbH (Germany), with a Dutch subsidiary Rent24 Amsterdam B.V. and acquired brands (Friendsfactory, The Brew by rent24, Chasopys Europe by rent24) retained as subsidiaries.
rent24 firmographics
Firmographics- Name
- rent24
- Legal name
- Valmistum Verwaltungs GmbH
- Website
- https://rent24.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- rent24 is a Berlin-founded global coworking and coliving operator running 40+ locations across nine countries on three continents, serving ~35,000 members (freelancers, startups, SMBs, corporates, digital nomads) via subscriptions, private offices, meeting rooms, event spaces, and franchise licensing.
- Ownership category
- akta.pro rank
Where rent24 is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices15 records
Markets served
rent24 business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Coworking Membership: Monthly membership fees for Flex Desk and Fixed Desk options providing access to shared workspaces, amenities, community events, and global network of locations
- Private Office Rental: Rent private office space with ready-made or customized solutions. Monthly fees include all amenities, meeting rooms, and services. Accommodates teams of all sizes
- Meeting & Conference Room Rental: Hourly or daily rental of meeting rooms equipped with modern technology. Catering services available on request. Transparent pricing without hidden fees
- Event Space Rental: Rental of event venues accommodating groups from 20 to 300 people. More than 60 unique event spaces available globally
- Coliving: Flexible accommodation options including boutique hostels and micro-apartments for long-term rental. Targeted at business nomads, freelancers, and digital nomads
- Franchise Fees: Franchise model where partners pay fees for brand, technology, and operational support to open rent24 locations
- Cofooding / Food & Beverage: Restaurant and food court concepts including Erntezeit, Urban Supply, White & Rose, and the Magna Plaza Food Court in Amsterdam
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Meeting Room rental from €39/hour in Hannover |
| Usage-based | Pay-as-you-go | Meeting Room rental from €49/hour in Berlin |
| Subscription | Monthly | Flex Desk membership for flexible workspace access |
| Subscription | Monthly | Fixed Desk membership for dedicated workspace |
| Subscription | Monthly | Private Office for team accommodation |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
rent24 product offering
Product offeringCore offering
rent24 operates a global network of coworking offices, private offices, meeting rooms, event spaces, and coliving accommodations across 40+ locations on three continents, served to a 35,000-member community of freelancers, startups, SMEs, and corporates on monthly subscriptions or usage-based rentals. The company also runs franchise operations, virtual office (business address) services, and a proprietary PRIMARY blockchain platform for cross-location member networking and service exchange.
Product overview
rent24 is a global full-service coworking and coliving provider offering a comprehensive workspace ecosystem. The core product portfolio includes Coworking Office Spaces (with Flex Desk and Fixed Desk options), Private Offices, Office Suites, Meeting Rooms, Event Spaces, and Coliving accommodations. The platform integrates complementary services such as Business Address (virtual office), Franchise opportunities, Interior Design, IOT services, Catering, Knowledge Hubs, and Cofooding concepts. The proprietary PRIMARY blockchain platform enables global member connectivity and token-based services. The company operates across more than 40 locations on three continents (Europe, North America, Asia) serving 35,000 members including freelancers, startups, and corporates.
Differentiator
Problem solved
Functional benefit
Brands
- Friendsfactory: Acquired coworking brand operating under the rent24 umbrella.
- The Brew by rent24
- PRIMARY
- Chasopys Europe by rent24
Products and services
- Coworking Office Spaces Flexible shared workspace memberships (Flex Desk and Fixed Desk) with premium amenities, high-speed WiFi, coffee bars, multifunctional copy machines, and access to a 35,000-member global community across 40+ locations.
- Private Offices Ready-made private office spaces for teams of all sizes, equipped with functional desks, chairs, and filing cabinets. All-inclusive monthly fees with access to meeting rooms, amenities, and services.
- Office Suite
Quantifiable outcome
- 35,000 members globally across 40+ locations
- +3 more outcomes
Companies that use rent24
Customer profileSegments6 records
Ideal customer profiles5 records
rent24 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
rent24 partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Village GroupecoreJoint venture partnership for India expansion. rent24 and Village Groupe established operations in Zirakpur, India with 2 coworking locations. Partnership enables rent24's entry into the Indian market with local partner expertise.
- Primary.iocorePartnership to open rent24's first location in the Metaverse through Primary.io platform. Represents innovation in digital workspace offerings and virtual presence expansion.
- Friendsfactory AGcore100% acquisition of Friendsfactory AG, German coworking provider. Expands German market presence and adds to member community.
- LGH HotelsminorCooperation with LGH Hotels for hotel and hospitality partnership. Enables coliving and extended stay offerings through hotel network.
- Capital Park GroupcorePartnership for Poland expansion through lease of 4,000+ square meters in historic Norblin-Werk building in Warsaw. Capital Park Group is property developer and landlord.
- Chasopys Europe by rent24coreLocal partner for Central and Eastern European expansion. Chasopys, the Ukrainian coworking provider, serves as rent24's local partner for Poland market entry.
- Cushman & WakefieldminorReal estate broker mediating the Norblin-Werk lease agreement in Warsaw. Cushman & Wakefield facilitated Poland market entry.
- ChasopyscoreAcquisition of Ukrainian coworking provider Chasopys, one of the most established providers since 2012. Added 5 locations in Lviv and Kyiv. Chasopys team retained for local expertise.
- Hub385coreJoint venture with Hub385 for Croatia market entry. rent24 acquired majority stake in Zagreb-based Hub385, Croatia's most well-known coworking space with 2,000+ square meters of coworking and event areas.
- The BrewcoreAcquisition of London-based The Brew coworking provider. rent24 gained 5 coworking spaces in London operating as 'The Brew by rent24'. First UK provider to integrate café concept (The Coffice) into coworking.
- Allianz F200coreJoint project 'The CUBE' for InsurTech and Fintech startups. Located at Kottbusser Straße 4 and Friedrichstraße 200 in Berlin. Startups can work alongside insurance professionals for 3-month periods with workshops and customer presentations.
- Nova IskracoreAcquisition of Serbian coworking provider Nova Iskra. First international coworking provider to enter Serbian market. Added 2 Belgrade locations with rooftop terraces.
- Telegraph (Moscow)minorAcquisition of Telegraph coworking and event space in Moscow. Nearly 3,000 square meter former telegraph building on Tverskaya Ulitsa, 5 minutes from Red Square. Features 7-meter ceiling event hall.
- Blockchain Platform (PRIMARY)coreProprietary blockchain platform developed by rent24 enabling members to connect, exchange services, share knowledge, and receive funding. Features token economy and internal ranking system.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
rent24 competitors and assessment
Company assessmentMarket position
Strengths1 record
Competitive moat5 records
Key highlights7 records
Customer concentration
rent24 social profiles
Digital presencerent24 financial estimates
Financial estimateRevenue estimate
Valuation estimate
rent24 leadership team
Management profileNumber of profiles
Profiles4 records
rent24 subsidiaries and ownership
Company hierarchySubsidiaries6 records
rent24 funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
rent24 M&A and investment
M&A and investmentM&A6 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about rent24
What does rent24 do?
rent24 operates a global network of coworking offices, private offices, meeting rooms, event spaces, and coliving accommodations across 40+ locations on three continents, served to a 35,000-member community of freelancers, startups, SMEs, and corporates on monthly subscriptions or usage-based rentals. The company also runs franchise operations, virtual office (business address) services, and a proprietary PRIMARY blockchain platform for cross-location member networking and service exchange.
Is rent24 a public or private company?
rent24 is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was rent24 founded?
rent24 was founded in 2015. It employs 101 to 250 people.
Where is rent24 based?
rent24 is headquartered in Berlin, Germany, in the Europe region.
How does rent24 make money?
Seven revenue lines are on record. Coworking Membership is the primary driver. The others are private Office Rental, meeting & Conference Room Rental, event Space Rental, coliving, franchise Fees and cofooding / Food & Beverage.
Does rent24 have an API?
No public API is recorded for rent24.