NextSpace
NextSpace is a Santa Cruz-based co-working community founded in 2008 that provides shared workspace for freelancers, independent professionals, and remote workers across a small operational footprint.
- Company typePrivate
- Founded2008
- HeadquartersSanta Cruz, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What NextSpace does
NextSpace is a private, for-profit collaborative co-working community founded in 2008 and headquartered in Santa Cruz, California. It serves freelancers, independent professionals, and remote workers by providing shared workspace and a community-oriented environment. Its primary product offering is physical co-working space, and there is no disclosed proprietary technology platform, software product, or app underlying the service.
The company has historically pursued growth through modest venture funding and a single acquisition. Between 2011 and 2013, NextSpace raised approximately $1.75M across three rounds from investors including Icehouse Ventures and Lakewest Venture Partners, and acquired The Coop in August 2013 for an undisclosed sum. Reported headcount is in the 11-50 range, consistent with a small operator running one or a small number of physical locations. No pricing model, customer logos, segmentation, or recurring-contract details are disclosed in the available data.
The current operating picture is materially incomplete. The most recent material disclosure in the source data is the 2013 acquisition, and a referenced page (pacificworkplaces.com/nextspace-coworking) returned a loading/verification screen rather than substantive company information. There is no disclosed revenue, no technology stack detail, no AI/ML capability, no certifications, no partnerships, and no post-2013 leadership update beyond the COO designation for Rebecca Brain. This data scarcity is itself an investment-relevant signal and limits any forward inference about scale, momentum, or strategic direction.
NextSpace firmographics
Firmographics- Name
- NextSpace
- Website
- https://nextspace.us
- Company type
- Private
- Founded year
- 2008
- Headcount range
- 11–50 employees
- Short description
- NextSpace is a Santa Cruz-based co-working community founded in 2008 that provides shared workspace for freelancers, independent professionals, and remote workers across a small operational footprint.
- Ownership category
- akta.pro rank
NextSpace industry classification
Industry- Product category
- Co-working Spaces
- NAICS
- Facilities Support Services (561210)
- SIC
- Services-Facilities Support Management Services (8744), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)
- akta.pro secondary industries
- Remote Access, Virtual Workspaces & Digital HQ (BPAMAMAL), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)
Keywords
Where NextSpace is headquartered
LocationHeadquarters
- HQ city
- Santa Cruz
- HQ country
- United States
- HQ region
- North America
Markets served
NextSpace business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
NextSpace product offering
Product offeringCore offering
NextSpace operates shared co-working office environments that serve freelancers, independent professionals, and remote workers. Members gain access to physical workspaces, amenities, and a collaborative community of peers in a flexible, membership-based setting. The company has expanded its footprint through acquisitions such as The Coop in 2013.
Differentiator
Problem solved
Functional benefit
Products and services
- NextSpace Co-working Memberships
Companies that use NextSpace
Customer profileIdeal customer profiles1 record
NextSpace technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NextSpace partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights2 records
NextSpace competitors and assessment
Company assessmentDirect peers
- Bond Collective: Independent coworking operator with locations in select U.S. cities serving creative professionals and remote workers. Comparable as a smaller-scale, community-focused coworking operator competing in the same professional/remote-worker segment.
- Serendipity Labs: U.S. coworking and flexible office operator with locations in suburban and secondary markets, targeting professionals and remote workers. Comparable in target customer profile and focus on smaller-market, community-driven coworking.
- The Wing: Members-only coworking and community space originally targeting women professionals and freelancers. Comparable in the curated coworking-community concept for independent professionals, though more niche in target demographic.
- Industrious: Premium flexible workspace operator serving professionals and enterprise teams with coworking and office suites. Directly comparable to NextSpace as a coworking community model targeting professionals, though Industrious operates at significantly larger scale and broader geographic footprint.
- Workbar: New England-based coworking operator serving professionals and remote workers with multiple locations. Comparable as a regional coworking operator focused on community and professional workspaces.
- Pacific Workplaces: California-based flexible and coworking office operator with locations across Northern California. Directly comparable as a coworking operator serving professionals and remote workers; notably, the NextSpace web URL appears to resolve via Pacific Workplaces, suggesting a possible operational or brand linkage.
- Office Evolution: Franchised coworking and virtual-office operator with multiple U.S. locations serving small businesses and professionals. Comparable in business model and target customer (independent professionals, remote workers, small teams).
Broad incumbents
- IWG (Regus / Spaces): World's largest flexible workspace operator, parent of Regus, Spaces, HQ, and Signature brands. Comparable to NextSpace as a coworking operator serving independent professionals and remote workers, but at vastly greater scale and capital depth.
- WeWork: Global coworking and flexible-office incumbent that defined the modern coworking category. Comparable in target customer (freelancers, remote workers, small teams) but orders of magnitude larger; serves as the dominant competitive force in the category.
Emerging players
- Convene: Workplace hospitality and meeting/event space operator with coworking-adjacent offerings. Comparable in serving professionals and remote workers with flexible space, though with stronger emphasis on meeting and event venues.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
NextSpace social profiles
Digital presenceNextSpace financial estimates
Financial estimateRevenue estimate
Valuation estimate
NextSpace leadership team
Management profileNumber of profiles
Profiles1 record
NextSpace funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NextSpace M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NextSpace
What does NextSpace do?
NextSpace operates shared co-working office environments that serve freelancers, independent professionals, and remote workers. Members gain access to physical workspaces, amenities, and a collaborative community of peers in a flexible, membership-based setting. The company has expanded its footprint through acquisitions such as The Coop in 2013.
When was NextSpace founded?
NextSpace was founded in 2008. It employs 11 to 50 people.
Where is NextSpace based?
NextSpace is headquartered in Santa Cruz, United States, in the North America region.
Who are NextSpace's main competitors?
Direct peers on record are Bond Collective, Serendipity Labs, The Wing, Industrious, Workbar, Pacific Workplaces and Office Evolution. Broad incumbents are IWG (Regus / Spaces) and WeWork. Convene is listed as an emerging player.
Does NextSpace have an API?
No public API is recorded for NextSpace.
What industry is NextSpace in?
NextSpace's product category is Co-working Spaces. Its primary akta.pro industry code is BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations, with a secondary code of BPAMAMAL, Remote Access, Virtual Workspaces & Digital HQ. Its NAICS code is 561210 and its SIC code is 8744.