Tank Stream Labs

What Tank Stream Labs does

Tank Stream Labs is an Australian flexible workspace operator founded in 2012 and headquartered in Sydney, currently operating eight premium CBD locations across Sydney (Kent Street, Martin Place, Australia Square, Barangaroo, Campbell Street), Melbourne (Collins Street), and Adelaide (Pirie Street), with a ninth Brisbane site scheduled to open Q3 2026. The company provides tiered workspace solutions including fully serviced private offices ($1,495-$2,995/month), dedicated desks ($649-$749/month), hot desks ($599/month), part-time memberships ($169/month), Female Founder memberships ($189/month), virtual offices ($79/month), day passes ($49), and event venue hire. It serves approximately 2,000+ members across 250+ companies, spanning early-stage startups, growth-stage SMEs, and enterprise clients such as LVMH, Lendlease, Rippling, Tourism Fiji, and Airtasker.

The business model is primarily subscription recurring on monthly billing, supplemented by transactional revenue from day passes, event venues, and ancillary services. Technology is operational rather than product-facing: a workspace management platform with member portal (members.tankstreamlabs.com), booking systems, and integrations with parent company Scalare Partners' AI-powered startup services platform (The Founder's Union). Distinctive amenities include wellness facilities (saunas, steam rooms, fitness, Peloton studio), a 200+ person event space at Kent Street, and presence in Barangaroo's carbon-neutral precinct.

In September 2025, Tank Stream Labs was acquired by ASX-listed Scalare Partners (ASX:SCP) for $5.5 million, integrating workspace, advisory, accelerator, and community operations under a unified commercial model. CEO Bradley Delamare continued in role post-acquisition. Strategic differentiators include a curated community of 2,000+ members, embedded partnerships (Dell Innovation Playground with Dell Technologies and Intel, plus The Founder's Union with Westpac, MYOB, Atlassian, Zoho), and density of CBD-grade real estate. The company has supported 3,000+ companies cumulatively since founding and holds a 5-star review rating among fast-growing Australian businesses.

Name

Tank Stream Labs

Legal name

Tank Stream Labs

Website

https://tankstreamlabs.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Tank Stream Labs is an Australian premium flexible workspace operator founded in 2012, serving 2,000+ members across 250+ companies via eight CBD locations (Sydney, Melbourne, Adelaide, plus Brisbane in 2026) with private offices, coworking, and event venues. Now a subsidiary of ASX-listed Scalare Partners following its 2025 acquisition.

Ownership category

akta.pro rank

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Workspace Subscriptions: Primary revenue stream from private office suites, dedicated desks, coworking memberships, and hot desking. Flexible terms with month-to-month and annual options. Premium pricing for CBD locations in Sydney, Melbourne, and Adelaide.
2. Day Access: One-time day pass and day office rental for temporary workspace needs. Provides walk-in revenue with minimal commitment requirements.
3. Virtual Office: Digital memberships providing premium CBD business address and mail handling services for $79/month plus GST. Additional revenue from registered mailing address option.
4. Event Venue Hire: Revenue from hosting events, workshops, networking sessions, and corporate functions in dedicated event spaces across multiple locations. Includes Kent Street's 200+ person event space.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Tank Stream Labs is a flexible workspace provider operating 8 premium CBD locations across Sydney, Melbourne, Adelaide, and Brisbane (Q3 2026 opening). The company sells private office suites, dedicated desks, hot desking memberships, part-time memberships, day passes, day private offices, virtual office addresses with mail handling, event venue hire, and wellness amenities (saunas, steam rooms, fitness studio). The offering is anchored by a curated community of 2,000+ entrepreneurs, startups, and scaleups with access to the Dell Innovation Playground and Scalare Partners' broader startup support ecosystem.

Product overview

Tank Stream Labs is a flexible workspace provider offering a multi-tiered portfolio of workspace solutions across Australia's major CBD cities. The core offering centers on Tank Stream Labs (premium coworking and private office spaces) and Tank Stream Suites (high-end private office sub-brand), supported by modular add-ons including dedicated/hot desk coworking memberships, day access passes, virtual office solutions, wellness facilities, and event venues. The ecosystem is anchored by community engagement, educational events, and strategic partnerships including the Dell Innovation Playground (with Dell Technologies and Intel) and The Founder's Union (an AI-powered startup services platform). The company operates 8 locations across Sydney, Melbourne, Adelaide, with Brisbane opening in Q3 2026. Founded in 2012, Tank Stream Labs was acquired by Scalare Partners (ASX: SCP) in September 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Tank Stream Suites: Premium, high-end workspace tailored for professional, dynamic businesses. Suites locations predominantly feature private offices, complemented by hot desk coworking for flexibility, while connecting members to a curated community of fast-growing and established companies.

Products and services

• Private Offices (Private Suites) Fully serviced private offices built for focus, privacy, and fast move-in with premium fit-outs, reliable infrastructure, and on-site support. Available in multiple tiers across CBD locations including Kent Street ($2,995+GST/month), general locations ($2,495+GST/month), and Martin Place ($1,495+GST/month), with secure private suite, registered mailing address, package handling, and complimentary event/studio space hire.
• Dedicated Desk Membership Reserved dedicated workspace in a professional CBD coworking environment with 24/7 access, monitors included depending on location, monthly meeting room allocation, registered mailing address, professional development events, and discounted event space hire. Includes complimentary access to member benefits across the national network.
• Hot Desk Membership (Full-Time Flex) Flexible full-time hot desking for people wanting freedom without losing momentum. Hot desk setup with monitors included depending on location. Priced at $599+GST/month.
• Part-Time Membership Part-time coworking membership starting from $169+GST/month with options for fully equipped hot desk access for users who don't need daily access.
• Female Founder Membership Specialized membership for female founders priced at $189+GST/month. Includes 4, 10, or 20 days per month of flexible workspace access at any location, free TSL Women in Business Events, discounted meeting rooms, unlimited barista coffee and tea, quiet rooms access, monthly FF Casual Coffee Catch-up, and online TSL Female Founder Slack Channel.
• Day Pass Day pass for focused work, meetings, and productive momentum priced at $49+GST. Includes high-speed internet, barista coffee and tea, and discounted meeting room hire. Access from 9am to 5pm.
• Day Private Office Private dedicated space for the day priced at $199+GST. Designed for interviews, sensitive conversations, client work, or focused delivery.
• Virtual Office Solutions Premium CBD business address with mail handling and access to Tank Stream Labs community starting from $79+GST/month. Includes access to virtual professional and personal development events, discounted day rates, discounted meeting room hire. Registered mailing address available for an additional $50/month.
• Enterprise Suites Tailored enterprise solutions for larger teams. Features fully furnished private office suites, scalable layouts, dedicated branding opportunities, enhanced privacy and infrastructure, internal meeting rooms, breakout spaces, advanced security options, and operational on-site support. Flexible terms under multi-year contracts.
• Event Venues Venue hire for workshops, launches, networking events, conferences, and corporate functions across multiple locations including the 200+ person event space at Kent Street. Spaces are designed for collaboration, learning, and meaningful connections, supported by an onsite team.
• Wellness Facilities Wellness amenities at select locations, including steam room access for recovery and stress relief, sauna sessions, and a fitness studio for consistent workouts. Available as part of the workspace membership offering at premium locations.
• Tank Stream Suites (Premium Workspace Sub-brand) Premium, high-end workspace tailored for professional, dynamic businesses. Predominantly features private offices complemented by hot desk coworking for flexibility, connecting members to a curated community of fast-growing and established companies across prestigious Sydney addresses including 333 Kent Street, 52 Martin Place, and Australia Square Level 33.

Quantifiable outcome

• Companies scaled 20x over 5 years (Stockspot)
• +2 more outcomes

Named customers22 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core, flagship and minor.

• The Founder's UnioncoreGTM or Marketing Partner · 3 November 2025AI-powered startup services platform launched by Scalare Partners. Connects founders with curated resources, education, community, and investment options. Tank Stream Labs is part of this ecosystem providing workspace solutions alongside partners including Westpac, MYOB, Atlassian, and Zoho.
• WestpacflagshipGTM or Marketing Partner · 3 November 2025Partner in The Founder's Union platform providing banking and financial services resources to Tank Stream Labs community members.
• MYOBflagshipGTM or Marketing Partner · 3 November 2025Partner in The Founder's Union platform providing accounting and business management tools to Tank Stream Labs community members.
• AtlassianflagshipGTM or Marketing Partner · 3 November 2025Partner in The Founder's Union platform providing productivity and collaboration software to Tank Stream Labs community members.
• ZohoflagshipGTM or Marketing Partner · 3 November 2025Partner in The Founder's Union platform providing business software solutions to Tank Stream Labs community members.
• Dell TechnologiescoreStrategic or Co-development PartnerDell Innovation Playground opened at Tank Stream Labs - a hands-on space to explore latest Dell Technologies solutions powered by Intel. Designed to help founders create smarter, move faster, and scale with confidence. Over 50 startups supported with $2M in tech resources available. Expert access available 24/7.
• IntelcoreStrategic or Co-development PartnerIntel powers the Dell Innovation Playground at Tank Stream Labs, providing technology solutions for startup and scaleup community.
• Tech Ready WomencoreStrategic or Co-development PartnerPartnership providing Female Founder Membership at $189/month with access to TSL Women in Business Events, networking opportunities, and online community channels. Supports women in tech to start, build and grow startup businesses.
• Planet StartupcoreStrategic or Co-development PartnerCFO studio helping startups raise capital and scale globally. Part of Scalare Partners ecosystem integrated with Tank Stream Labs workspace for portfolio companies.
• Inhouse VenturesminorStrategic or Co-development PartnerOnline marketplace for tech startups to connect with potential investors. Referenced as part of Tank Stream Labs strategic partner ecosystem.
• Australian Technologies CompetitionminorStrategic or Co-development PartnerAwards program for innovative Australian technologies with global growth potential. Referenced as part of Tank Stream Labs strategic partner ecosystem.
• S2S SummitcoreGTM or Marketing PartnerTwo-day event designed to empower entrepreneurs, scale-ups, and SMEs with knowledge, connections, and inspiration. Tank Stream Labs participates as community partner connecting Sydney Startup Hub vibrant community.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• IWG (Regus / Spaces): IWG operates the Regus, Spaces, and HQ flexible workspace brands globally with significant Australian presence. It competes with Tank Stream Labs across the SMB and enterprise tiers in the same CBD submarkets.
• Servcorp: Servcorp is an ASX-listed provider of serviced offices, virtual offices, and coworking spaces in premium CBD buildings, directly comparable to Tank Stream Labs' virtual office, private office, and coworking offerings in Australian cities.
• WeWork: WeWork is a global flexible workspace incumbent offering coworking, private offices, and enterprise solutions. While not Australian-founded, WeWork competes with Tank Stream Labs in major Australian CBDs for enterprise and SMB flexible office demand.
• Convene: Convene is a global premium flexible workspace and meeting/events operator serving enterprise clients. It competes with Tank Stream Labs' enterprise suites and event venue hire offerings in the premium tier.

Direct peers

• Hub Australia: Hub Australia is one of Tank Stream Labs' closest direct competitors, operating premium coworking and flexible office spaces across Sydney, Melbourne, Adelaide, Brisbane and Perth with a similar community-led positioning toward startups, SMEs, and enterprise teams.
• The Commons: The Commons operates premium coworking spaces in Melbourne, Sydney, and Brisbane with a strong community and design-led positioning, directly comparable to Tank Stream Labs' premium CBD coworking experience.
• Workit Spaces: Workit Spaces is an Australian flexible workspace operator offering coworking, dedicated desks, and private offices with a community-driven model, directly comparable to Tank Stream Labs' SMB and startup-focused offering.
• Christie Spaces: Christie Spaces operates premium flexible offices and coworking spaces across Australian CBDs (Sydney, Melbourne, Brisbane), targeting similar SME and enterprise customer segments with comparable CBD real estate positioning.
• Stone & Chalk: Stone & Chalk operates startup hubs and coworking spaces across Australia focused on fintech, emerging tech, and scaleups, overlapping with Tank Stream Labs' startup community focus and Scalare-adjacent ecosystem positioning.

Emerging players

• Groove Workspace: Groove Workspace and similar emerging Australian flexible office brands target the SMB and startup coworking segment in CBD and suburban locations, partially overlapping with Tank Stream Labs' mid-market positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TankStreamLabs
• Facebookfacebook.com/TankStreamLabs
• LinkedInlinkedin.com/company/tank-stream-labs

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Tank Stream Labs