Expansive Workspaces
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.
- Company typePrivate
- Founded2013
- HeadquartersChicago, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
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.
Expansive Workspaces firmographics
Firmographics- 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
Expansive Workspaces industry classification
Industry- 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
Where Expansive Workspaces is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Expansive Workspaces business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Flexible workspace membership plans |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Expansive Workspaces product offering
Product offeringCore 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
Companies that use Expansive Workspaces
Customer profileSegments2 records
Ideal customer profiles2 records
Expansive Workspaces technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Expansive Workspaces partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Hudgens CompanycoreStrategic 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
Expansive Workspaces competitors and assessment
Company assessmentDirect 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
Expansive Workspaces social profiles
Digital presenceExpansive Workspaces financial estimates
Financial estimateRevenue estimate
Valuation estimate
Expansive Workspaces leadership team
Management profileNumber of profiles
Profiles1 record
Expansive Workspaces funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Expansive Workspaces 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 Expansive Workspaces
What does Expansive Workspaces do?
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.
Is Expansive Workspaces a public or private company?
Expansive Workspaces is a private company. It is classified as venture growth investor backed and is currently operating.
When was Expansive Workspaces founded?
Expansive Workspaces was founded in 2013. It employs 101 to 250 people.
Where is Expansive Workspaces based?
Expansive Workspaces is headquartered in Chicago, United States, in the North America region.
How does Expansive Workspaces make money?
Two revenue lines are on record. Flexible Workspace Memberships are the primary driver. The others are property Investment Returns.
Who are Expansive Workspaces's main competitors?
Direct peers on record are WeWork, Industrious, Serendipity Labs, Office Evolution, Spaces, Workbox, Convene and Jay Suites. IWG (Regus, Spaces, HQ) is listed as a broad incumbent. Quest Workspaces is listed as a regional player.
Does Expansive Workspaces have an API?
No public API is recorded for Expansive Workspaces.
What industry is Expansive Workspaces in?
Expansive Workspaces's product category is Flexible Workspace Services. Its primary akta.pro industry code is BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations. Its NAICS code is 561210 and its SIC code is 8744.