Expansive Workspaces

What Expansive Workspaces does

Expansive Workspaces is a Chicago-headquartered, private flexible-workspace operator founded in 2013, serving entrepreneurs, small and mid-sized businesses, freelancers, and remote workers across more than 30 US cities. Its core offerings include private offices (configurable up to 130+ per location), coworking spaces with dedicated and hot-desk options, and a free day-pass trial funnel. The company runs a member-facing technology stack comprising a Member Booking Portal for workspace search and reservation, a Payment Portal (hosted via yardikube) for subscription and billing management, and a Product Search tool — supporting both self-serve individual bookings and enterprise field-sales deployments.

The business operates primarily on monthly subscription revenue from workspace memberships, with pricing quote-based and not publicly disclosed. Expansive has historically combined a property-ownership model with an operator role — exemplified by its 2019 acquisition of a 63,000 sq ft Edgewater building for $21M and $10M in subsequent renovations — but is actively transitioning to an asset-light operator model. The 2026 sale of the Edgewater asset to Valoro Capital for $19M, paired with a partnership with Hudgens Company to enter Atlanta (first location at 121 Perimeter Center West, March 2026, with a second site planned for Summer 2026), signals a strategic shift toward partner-enabled geographic expansion and capital-light scaling. The company employs 101-250 people and is led by founder and CEO Bill Bennett.

Name

Expansive Workspaces

Website

https://expansive.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Expansive Workspaces is a Chicago-based, private flexible-workspace operator offering private offices, coworking desks, and day passes across more than 30 US cities, serving entrepreneurs, SMEs, freelancers, and remote workers via monthly subscriptions and a member booking platform.

Ownership category

akta.pro rank

Product category

Flexible Workspace Services

NAICS

Facilities Support Services (561210)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

Keywords

• Flexible office spaces
• Coworking memberships
• Private office rentals
• Hybrid work solutions
• Workspace operator

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Flexible Workspace Memberships: Recurring membership revenue from private offices and coworking desk rentals. Spaces range from individual desks to 130+ private office configurations. Revenue is generated through monthly subscriptions based on space type and duration, with flexible terms accommodating short-term and long-term needs.
2. Property Investment Returns: The company previously generated returns through property ownership and renovation, having invested $10 million in renovations before divesting assets as part of portfolio reduction strategy. Current operations appear to shift toward operator model rather than property ownership.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Expansive Workspaces operates and rents flexible office space, coworking environments, and private offices to businesses, entrepreneurs, freelancers, and remote workers across 30+ U.S. cities. Memberships are offered on a month-to-month subscription basis with day passes available for trial, all supported by an online member booking and payment platform. The company runs directly operated locations and expands into new markets through strategic property partnerships.

Product overview

Expansive Workspaces is a flexible workspace owner-operator offering a unified platform of workspace solutions across more than 30 cities in the United States. The product portfolio consists of flexible office spaces, coworking spaces, and private offices as core offerings, supported by a member-facing technology platform that includes a Member Booking Portal for reservations, a Payment Portal for billing management, and a Product Search tool for locating workspace. The company operates its locations nationwide with partner companies such as Hudgens Company for regional expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• Flexible Office Spaces Flexible office space solutions offering private offices and workspace accommodations for businesses, SMEs, entrepreneurs, freelancers, and remote workers. Configurations range from individual desks to large multi-office team deployments.
• Coworking Spaces Shared workspace environments enabling collaboration and networking for individual professionals, freelancers, remote workers, and small teams, available via day passes and monthly memberships.
• Private Offices Dedicated, exclusive private office spaces within flexible workspace locations for businesses requiring secure, team-specific accommodations with month-to-month flexibility.
• Free Day Pass Complimentary single-day workspace access offered to prospective members to experience Expansive's facilities, amenities, and community before committing to a paid membership.

Quantifiable outcome

• 130 private offices in renovated Edgewater property
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Hudgens CompanycoreStrategic or Co-development Partner · 5 March 2026Strategic partnership with Hudgens Company for real estate property access and joint development of flexible workspace locations in the Atlanta market. The partnership enabled Expansive's entry into Atlanta with a 25,000 sq ft location at 121 Perimeter Center West. A second Atlanta location is scheduled for Summer 2026, demonstrating ongoing collaboration. Hudgens Company provides property expertise while Expansive provides workspace operations and management.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• WeWork: Global flexible workspace operator offering coworking, private offices, and enterprise headquarters solutions. Directly comparable to Expansive in product offering (desks, private offices, day passes) and target customer base (corporates, SMBs, freelancers).
• Industrious: Premium flexible workspace operator offering private offices, suites, and coworking with an enterprise-led GTM. Comparable to Expansive in core offering and focus on larger corporate deployments.
• Serendipity Labs: US-focused flexible workspace operator providing coworking, private offices, and team suites for professionals and enterprises. Comparable in mid-market positioning and member-focused amenity model.
• Office Evolution: Franchise-based flexible workspace operator offering private offices, coworking, and virtual offices across the US. Comparable business model and SMB-to-mid-market customer focus.
• Spaces: Creative, design-led flexible workspace brand under IWG. Directly comparable in coworking and private office offerings for professionals and growing teams.
• Workbox: US flexible workspace operator with multiple locations, offering coworking and private offices. Comparable product mix and enterprise/SMB customer focus to Expansive.
• Convene: Premium flexible workspace and meeting/hospitality operator serving enterprise clients with meeting rooms, event spaces, and offices. Comparable in enterprise-led flexible workspace delivery.
• Jay Suites: Flexible office and meeting room provider offering virtual offices, private offices, and coworking. Comparable product offering with a focus on professional service firms and SMBs.

Broad incumbents

• IWG (Regus, Spaces, HQ): Largest global flexible workspace operator with brands including Regus, Spaces, and HQ. Overlaps with Expansive's product portfolio but operates at far greater scale and geographic breadth.

Regional players

• Quest Workspaces: US flexible workspace operator (notably strong in Florida markets) offering private offices and coworking. Comparable product mix and SMB-to-mid-market customer base, with geographic overlap with Expansive's former Edgewater asset.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ExpansiveWork
• Facebookfacebook.com/expansiveworkspace

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

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 Expansive Workspaces