Kr Space
Kr Space (氪空间) is a Chinese flexible workspace operator running co-working communities, private offices, meeting rooms, and hot desks across at least five premium Shanghai locations, serving startups, freelancers, SMEs, and cross-border businesses through a digital platform spanning mobile app, WeChat, and web.
- Company typePrivate
- Founded2013
- HeadquartersBeijing, China
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Kr Space does
Kr Space (氪空间) is a privately held Chinese co-working and flexible office operator founded in 2013 and headquartered in Beijing, operating under the legal entity 北京箴氪信息技术有限公司 (Beijing Zhenkru Information Technology Co., Ltd.). The company provides shared workspaces, private offices, meeting rooms, hot desks, and serviced office solutions, with disclosed operations concentrated in at least five communities across Shanghai's prime commercial districts — including Raffles City at People's Square, Ocean Tower adjacent to the Bund, Huashan Road Yuhuashan, Zhangjiang Jumax Building in the tech hub, and Hongqiao Green Valley. Customer segments span startups and entrepreneurs (primary), freelancers and remote professionals, SMEs seeking flexible branch-office space, and cross-border businesses targeting China inbound/outbound opportunities.
The product is delivered through an integrated digital platform combining a native mobile app (氪空间APP), a WeChat public account, a WeChat mini-program branded 自由座 (Flexible Seat), and a web portal — enabling self-serve booking of hot desks (¥83-116 per day), meeting rooms (¥36-150 per half hour), and private offices (¥2,120-2,490 per workstation per month, with premium Bund-area locations at the upper end). Supporting modules include member benefits (partnerships with Liepin for recruitment, Maimai for networking, Flash Delivery, and Hummingbird Errands), community programming (CEO breakfasts, entrepreneurship workshops, cross-border business seminars), and a daily "时氪" news digest. The revenue model is therefore hybrid: subscription-based private office leases, usage-based meeting room and hot desk rentals, and affiliate/referral commissions from member benefit partners.
Go-to-market is multi-channel and primarily self-serve, relying on the website, mobile app, WeChat mini-program, physical showroom visits in Shanghai's CBDs, and a "推介人计划" referral program. The company historically raised approximately $482 million across multiple rounds (2016-2019) from investors including IDG Capital, Gopher Asset Management, Prometheus Capital, Tsing Ventures, Yixing Capital, China Minsheng Investment Group, Gobi Partners, and UnityVC, before receiving a smaller January 2022 round from Gobi Partners. The company is described in firmographic data as the largest co-working operator in China, though its currently disclosed operating footprint is Shanghai-only with 501-1,000 employees.
Kr Space firmographics
Firmographics- Name
- Kr Space
- Legal name
- 北京箴氪信息技术有限公司
- Website
- https://krspace.cn
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Kr Space (氪空间) is a Chinese flexible workspace operator running co-working communities, private offices, meeting rooms, and hot desks across at least five premium Shanghai locations, serving startups, freelancers, SMEs, and cross-border businesses through a digital platform spanning mobile app, WeChat, and web.
- Ownership category
- akta.pro rank
Kr Space industry classification
Industry- Product category
- Flexible Workspace Services
- NAICS
- Facilities Support Services (561210), Office Administrative Services (5611), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Facilities Support Management Services (8744), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)
- akta.pro secondary industries
- Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK), Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)
Keywords
Where Kr Space is headquartered
LocationHeadquarters
- HQ city
- Beijing
- HQ country
- China
- HQ region
- Asia
Offices6 records
Markets served
Kr Space business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Private Office Rental: Monthly rental of dedicated private office spaces with fixed workstation allocations. Pricing varies by location and community prestige, ranging from ¥2,120 to ¥2,490 per workstation per month.
- Meeting Room Rental: Hourly rental of conference and meeting rooms. Meeting rooms available from ¥36 per half-hour, providing flexible revenue from space utilization.
- Hot Desk / Open Seating: Daily hot desk rental in shared common areas, ranging from ¥83 to ¥116 per day depending on community location.
- Member Benefits Services: Commission-based or negotiated revenue from partner services offered to members including recruitment (猎聘), errand services (蜂鸟跑腿), delivery (闪送), and professional networking (脉脉).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Private Office - Premium locations (Bund area) |
| Subscription | Monthly | Private Office - Standard locations |
| Subscription | Monthly | Private Office - Upscale locations |
| Usage-based | Pay-as-you-go | Meeting Room - Standard |
| Unit Pricing | Pay-as-you-go | Hot Desk - Daily access |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
Kr Space product offering
Product offeringCore offering
Kr Space (氪空间) operates a network of co-working and shared office communities in prime Shanghai commercial districts, offering flexible workspace solutions including co-working spaces, private offices, meeting rooms, serviced offices, and smart office facilities. Members can book hot desks, dedicated workstations, or full offices on monthly, daily, or hourly bases through the company's website, mobile app, and WeChat mini-program. The platform is complemented by a member benefits program providing partner discounts on recruitment, delivery, errands, and networking services, along with an active community hosting CEO breakfasts, entrepreneurship workshops, and international business seminars.
Product overview
Kr Space operates a co-working and shared office platform under a platform-plus-modules architecture. The core offering includes flexible workspace solutions such as co-working spaces (联合办公), private offices (独立办公室), meeting rooms (会议室), and serviced offices (服务式办公). Supporting modules include member benefits (会员福利), community activities (社区活动), flexible seating (自由座), and daily news content (每日新闻时氪). The platform serves businesses and individuals in Shanghai with multiple community locations.
Differentiator
Problem solved
Functional benefit
Products and services
- Co-working Space (联合办公)
- Private Office (独立办公室)
- Meeting Room (会议室)
- Serviced Office (服务式办公)
- Smart Office (智慧办公)
- Member Benefits (会员福利)
Companies that use Kr Space
Customer profileSegments4 records
Ideal customer profiles4 records
Kr Space technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Kr Space partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- 闪送 (Flash Delivery)minorMember benefit partner offering delivery service discounts to Kr Space members. New and existing members receive nationwide universal discounts on delivery services through the partnership.
- 蜂鸟跑腿 (Hummingbird Errands)minorErrand service partner providing exclusive member benefits for Kr Space community members. Part of the member welfare program offering discounted errand services.
- 猎聘 (Liepin)minorRecruitment service partner offering discounted hiring packages exclusively for Kr Space members. Provides access to professional recruitment services at preferential rates.
- 脉脉 (Maimai)minorProfessional networking platform partner providing workplace insights and professional networking services. Kr Space members receive access to exclusive content and networking opportunities.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Kr Space competitors and assessment
Company assessmentRegional players
- Garage Society: Garage Society runs coworking spaces in Hong Kong, Singapore, and other Asia-Pacific markets. It is comparable to Kr Space as an Asia-focused flexible workspace operator emphasizing community and design-driven locations.
- The Executive Centre: The Executive Centre is a leading serviced and co-working office provider across Asia-Pacific (including mainland China, Hong Kong, Singapore). It targets similar premium-location SMEs and multinational clients as Kr Space but with a pan-Asian footprint.
- Mind Space: Mind Space operates premium coworking and serviced offices across Europe and the Middle East. While geographically separate from Kr Space, it offers comparable flexible workspace products and target segments (SMBs, freelancers, enterprise teams).
Direct peers
- Distrii (鼎奕): Distrii is a Chinese tech-enabled co-working operator that competes with Kr Space in Tier-1 cities with a smart-office technology platform and similar flexible workspace offerings for SMEs and enterprise clients.
- UCommune: UCommune is one of China's largest co-working operators and a direct competitor to Kr Space, offering flexible offices, private offices, and community-driven workspace across major Chinese cities with similar target customers (startups, SMEs).
- SOHO 3Q: SOHO 3Q is the co-working arm of SOHO China and a direct peer to Kr Space, providing shared and serviced offices in prime Beijing and Shanghai locations with similar pricing and customer segments.
Broad incumbents
- WeWork: WeWork is the global flagship co-working brand offering flexible offices, private offices, and community programming. Despite restructuring, it remains a broadly comparable incumbent offering similar products to Kr Space's, especially in Asia.
- IWG / Regus: IWG (parent of Regus, Spaces, HQ, Signature) is the global incumbent in flexible workspace with thousands of locations. It overlaps with Kr Space in the serviced/co-working category but operates at much broader international scale as a portfolio of brands.
Others
- JLL (Jones Lang LaSalle) Flex Space Services: JLL provides flexible workspace advisory, fit-out, and operator services globally, including in China. It is an adjacent peer to Kr Space as a workplace services ecosystem participant rather than a direct competitor.
Emerging players
- Officeneer / Officely: Officeneer and similar emerging flex-space platforms target SME and enterprise tenants with tech-forward flexible workspace solutions, partially overlapping with Kr Space's smart office and community offering in the Asian market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Kr Space social profiles
Digital presenceKr Space financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kr Space leadership team
Management profileNumber of profiles
Kr Space funding detail
Funding detailFunding overview
Funding rounds7 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kr Space M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kr Space
What does Kr Space do?
Kr Space (氪空间) operates a network of co-working and shared office communities in prime Shanghai commercial districts, offering flexible workspace solutions including co-working spaces, private offices, meeting rooms, serviced offices, and smart office facilities. Members can book hot desks, dedicated workstations, or full offices on monthly, daily, or hourly bases through the company's website, mobile app, and WeChat mini-program. The platform is complemented by a member benefits program providing partner discounts on recruitment, delivery, errands, and networking services, along with an active community hosting CEO breakfasts, entrepreneurship workshops, and international business seminars.
Is Kr Space a public or private company?
Kr Space is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kr Space founded?
Kr Space was founded in 2013. It employs 501 to 1,000 people.
Where is Kr Space based?
Kr Space is headquartered in Beijing, China, in the Asia region.
How does Kr Space make money?
Four revenue lines are on record. Private Office Rental is the primary driver. The others are meeting Room Rental, hot Desk / Open Seating and member Benefits Services.
Who are Kr Space's main competitors?
Regional players on record are Garage Society, The Executive Centre and Mind Space. Direct peers are Distrii (鼎奕), UCommune and SOHO 3Q. Broad incumbents are WeWork and IWG / Regus. JLL (Jones Lang LaSalle) Flex Space Services is listed as an others. Officeneer / Officely is listed as an emerging player.
Does Kr Space have an API?
No public API is recorded for Kr Space.
What industry is Kr Space in?
Kr Space's product category is Flexible Workspace Services. Its primary akta.pro industry code is IMAIALAF, Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding), with a secondary code of IMAIALAK, Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison). Its NAICS code is 561210 and its SIC code is 8744.