Nomadworks

What Nomadworks does

Nomadworks is a privately held, Manhattan-based flexible workspace and coworking operator founded in 2018, currently operating three locations in the Nomad District (1216 Broadway), Times Square (240 W 40th Street), and Midtown (295 Madison Avenue). The company serves freelancers, startups, SMBs, and creative professionals with private offices (1-60 employees), dedicated desks, coworking memberships, standing desk memberships, part-time access plans, virtual office tiers (Silver/Gold/Platinum), meeting rooms, and event spaces, with pricing ranging from $10/month to $950/month and hourly usage-based fees for rooms, day passes, and a podcast studio.

The underlying technology is a conventional coworking platform stack: self-serve booking via the FlexSpace partner platform for day passes, meeting rooms, and memberships, with operations managed through Nexudus. Differentiated offerings include a five-person podcast recording studio, rooftop terrace access at the flagship, and access to a global partner network (LExC) of 100+ coworking locations for member reciprocal use. Operational technology also includes the Safe Spaces COVID safety protocol (UV air purification, full partitioning, enhanced cleaning) co-developed with Colliers International and Upflex.

Nomadworks generates revenue through four primary streams: monthly membership subscriptions across roughly 10 pricing tiers, usage-based day passes and hourly meeting room rentals, event-space rentals (Innovation Hub up to 65 people, Times Square Conference Center up to 100), and podcast studio rentals. Go-to-market is product-led and community-led: customers self-book via the website, while member referrals, events, wellness programming (yoga with Bellavita 360), art exhibitions with international galleries, and the Nomad Seed Camp incubator (co-run with Idea2Scale and New York Angels) drive organic acquisition. Pricing and contract terms are intentionally low-friction — month-to-month without long-term lease commitments — positioning the company as a flexible alternative to traditional Manhattan office leases.

Name

Nomadworks

Legal name

Nomadworks

Website

https://nomadworks.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Nomadworks is a privately held Manhattan coworking and flexible workspace operator running three premium locations (Nomad District, Times Square, Midtown) serving 800+ freelancers, startups, and SMBs with private offices, coworking, virtual offices, meeting rooms, and event spaces on month-to-month terms.

Ownership category

akta.pro rank

Product category

Coworking & Flexible Workspace

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Services-Membership Organizations (8600)

akta.pro primary industry

Coworking Cafes / Work Cafes (THAFADAJ)

akta.pro secondary industry

Digital Nomad & Remote-Work Monthly Stays (THAMAFAI)

Keywords

• Flexible coworking spaces
• Private office rentals
• Virtual office services
• Meeting room rentals
• Event space rental

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Subscriptions: Monthly recurring revenue from various membership tiers including private offices, dedicated desks, coworking memberships, standing desks, part-time coworking, conference memberships, virtual offices, and rooftop access. Month-to-month flexibility without long-term lease commitments.
2. Day Passes and Usage-Based Access: One-time day passes for drop-in coworking access and hourly meeting room rentals. Provides flexibility for occasional users and generates incremental revenue from transient customers.
3. Event Space Rental: Rental of event venues including the Innovation Hub (up to 65 people), Rooftop Terrace (up to 80 standing), and Times Square Conference Center (up to 100 people) for corporate events, workshops, and private gatherings.
4. Podcast Studio Rental: Hourly rental of podcast recording studio with professional equipment including microphones, mixer, and recording capabilities.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Nomadworks operates three Manhattan coworking locations (1216 Broadway/Nomad District, 240 W 40th Street/Times Square, and 295 Madison Avenue/Midtown) and sells private offices for 1–60 employees, dedicated desks, open coworking memberships, standing desk memberships, part-time coworking, virtual offices with a Manhattan business address, bookable meeting rooms, event venues, podcast studio rentals, and rooftop access. Memberships are sold on flexible month-to-month terms with no long-term leases, and members gain global reciprocity through the LExC network of 100+ partner coworking spaces.

Product overview

Nomadworks is a Manhattan-based coworking and flexible workspace provider operating three locations (1216 Broadway in the Nomad District, 240 W 40th Street in Times Square, and 295 Madison Avenue in Midtown). The core product portfolio includes: Private Offices (1-60 employees, from $850/month), Dedicated Desks ($450/month), Coworking Memberships ($395/month), Standing Desk options ($295/month), Part-Time Coworking/Come & Go ($250/month), and Conference Memberships ($10/month). Premium add-ons include the Nomad Podcast Studio ($50/hour) and Nomad Rooftop Terrace ($200/month). Virtual Office services provide Manhattan business addresses starting at $65/month in three tiers (Silver, Gold, Platinum). Meeting rooms are available for hourly booking from $35-$100/hour. The LExC (League of Extraordinary Co-working Spaces) network provides global access to 100+ partner locations worldwide. Nomad Seed Camp offers incubator programs for growing businesses. The company emphasizes a wellness-focused environment with yoga, meditation, and community events.

Differentiator

Problem solved

Functional benefit

Brands

• Nomad Seed Camp: A program designed for growing businesses, hosting regular incubator sessions with Idea2Scale and facilitating access to the Nomadworks community and partners including New York Angels.
• LExC (League of Extraordinary Co-working Spaces)
• Nomad Innovation Hub
• Nomad Rooftop
• Nomad Podcast Studio

Products and services

• NYC Private Office Logo-branded, key-locked private office space accommodating 1–60 employees with 24/7 access, guest privileges, mail handling and business address, complimentary WiFi/coffee/tea, unlimited chat room usage, discounted conference room rates, free wellness program and weekly events, and full use of amenities.
• Dedicated Desk Personal logo-branded designated desk with lockable filing cabinet in a collaborative coworking environment, including 24/7 access, guest privileges, mail handling and business address, lockers, additional storage, complimentary WiFi/coffee/tea, free wellness program and weekly events, and full use of amenities.
• Coworking Membership Open seating membership in the coworking area with 24/7 access, mail handling, complimentary WiFi/coffee/tea, unlimited chat room usage, discounted conference room rates, free wellness program and weekly events, lockers, additional storage, and full use of amenities.
• Standing Desk Membership Coworking membership featuring adjustable standing desks with stools, 24/7 access, complimentary WiFi, free wellness program and weekly events, free phone booths and chat tanks, special rates with in-network businesses, and full use of amenities.
• Part-Time NYC Coworking (Come & Go) Flexible membership providing 10 days of coworking access per month during staffed hours (8am–6pm Mon–Fri, 9am–4pm Sat) with unlimited chat room usage, discounted conference room rates, complimentary WiFi/coffee/tea, access to community events, lockers and additional storage, and amenity access.
• Conference Membership Low-cost monthly membership that grants access to discounted conference room rates, amenities and community events, lockers and additional storage, and complimentary WiFi/coffee/tea.
• NYC Virtual Offices Virtual office plans providing a premium Manhattan business address with inbound and outgoing mail handling, dedicated NYC phone number and messaging, special rates for conference usage, and three tiers (Silver, Gold, Platinum) that add mail forwarding/scanning and access to worldwide partner locations.
• Nomad Rooftop Membership add-on granting direct rooftop terrace access in Midtown Manhattan with Empire State Building views, access to amenities and community events, lockers and additional storage, and complimentary WiFi/coffee/tea.
• Nomad Podcast Studio Hourly rental of a five-person podcast recording studio equipped with TV, microphones, mixer, and accessories, including complimentary WiFi, coffee and refreshments, discounted conference room rates, and access to community events.
• LExC Worldwide Access Global coworking network membership providing Nomadworks members with free access to 100+ partner coworking locations worldwide, including up to 5 free full-day passes per partner space annually.
• Meeting Room Rentals Hourly bookable meeting rooms ranging from small lounges (up to 6 people) to assembly rooms and large boardrooms (up to 16 people) and conference centers (up to 100+ people), with a 10% discount on bookings of 4 or more hours.
• Event Spaces Rental event venues including the Innovation Hub (seats up to 65), Rooftop Terrace (capacity 50–80 standing), and Times Square Conference Center (up to 100 people) for corporate events, workshops, private gatherings, art exhibitions, and networking events.
• Nomad Seed Camp Incubator program for growing businesses hosting regular sessions in partnership with Idea2Scale, providing access to the Nomadworks community and the New York Angels investor network.

Quantifiable outcome

• 800+ members in community
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• LExC (League of Extraordinary Co-working Spaces)coreChannel Partner/ Reseller/ DistributorGlobal coworking network partnership providing Nomadworks members free access to 100+ partner locations worldwide. Members receive free full-day coworking passes at partner spaces, up to 5 times per space annually.
• New York AngelscoreStrategic or Co-development PartnerNomadworks co-sponsors New York Angels, one of the leading networks of private investors to growth companies in the USA. Hosts Nomad Seed Camp incubator sessions with Idea2Scale and facilitates access to New York Angels for members.
• Idea2ScalecoreStrategic or Co-development PartnerIncubator partner for Nomad Seed Camp program designed for growing businesses. Regular incubator sessions hosted at Nomadworks locations.
• Bellavita 360coreStrategic or Co-development PartnerWellness partner providing free yoga classes for Nomadworks members. Part of the wellness triangle program focusing on healthy body, healthy mind, and healthy business.
• Golden Duck Gallery (Budapest)minorStrategic or Co-development PartnerInternational art gallery partnership for art exhibitions. Four-floor and rooftop art exhibitions featuring partnerships with international galleries.
• NYUminorStrategic or Co-development PartnerAcademic partnership for art exhibitions at Nomadworks locations.
• Safe Spaces (Colliers International and Upflex)coreTechnology or IntegrationCOVID-19 safety certification partnership providing UV light air purifiers, air filtration, full partitioning in open spaces, and enhanced cleaning protocols.
• PopinminorOthersGym partnership providing members freedom to exercise almost anytime, anywhere. Part of member wellness benefits.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Industrious: Premium flexible office operator with locations in NYC, focused on enterprise-grade coworking and private offices with hospitality-driven service. Directly comparable to Nomadworks' boutique, amenities-led positioning at higher price points.
• Mindspace: Hospitality-inspired coworking operator with offices in major global cities including NYC. Competes with Nomadworks on design-led, community-driven workspace experiences for SMEs and startups.
• The Yard: NYC-based coworking and shared office provider with locations in Manhattan and Brooklyn, focused on hospitality-inspired workspace for SMBs. Operates a similar boutique, multi-location model to Nomadworks.
• Workhouse NYC: Boutique Manhattan coworking operator offering private offices, coworking, and event spaces with a focus on creative industries. Direct comparable to Nomadworks' hospitality-driven, design-forward positioning in NYC.
• Serendipity Labs: US flexible workspace operator with a hospitality-driven model offering coworking, private offices, and meeting rooms. Comparable to Nomadworks in target customer (professionals, SMBs) and tiered membership approach.
• WeWork: Largest flexible workspace operator globally with a substantial Manhattan footprint across multiple submarkets including Nomad and Midtown. Directly competes with Nomadworks for the same freelancer, startup, and SMB tenant base with similar coworking and private office offerings.

Broad incumbents

• Knotel (Newmark): Flexible office space provider focused on custom-built headquarters for enterprise tenants (now part of Newmark). Adjacent competitor in Manhattan private office space, targeting growing companies that may also consider Nomadworks.
• Convene: Premium NYC meeting, event, and flexible workspace operator. Overlaps with Nomadworks on event venue rentals and conference center offerings in Manhattan, serving similar corporate clients.
• IWG (Spaces, Regus): World's largest flexible workspace operator with multiple brands (Spaces, Regus, HQ) operating extensively in Manhattan. Overlaps significantly with Nomadworks' coworking and virtual office offerings but at much broader scale.

Emerging players

• Workfrom: Remote work directory and booking platform that lists coworking and workspace options including flexible passes. Comparable as an adjacent ecosystem player that helps freelancers and remote workers find workspaces like Nomadworks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/nomadworksnyc
• LinkedInlinkedin.com/company/nomadworks
• Instagraminstagram.com/nomadworksnyc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Nomadworks