What Utopicus does

Utopicus (Utopicus Innovación Cultural S.L.) is a Spanish flexible workspace operator and wholly-owned subsidiary of the pan-European real estate company Colonial SFL. Founded in 2010 and headquartered in Madrid, the company operates 12 prime-location sites across Madrid and Barcelona totaling approximately 40,000 m², with a community of more than 10,000 members. Its portfolio spans multiple product formats: Working Pass hot-desk coworking memberships, fully-serviced Private Offices, customizable HQ Flex (half-floor or full-floor) deployments, and Office Suites, complemented by meeting rooms (4–16 persons), event spaces (up to 100 persons) and training rooms (up to 50 persons) rented on hourly or per-booking terms. All locations operate on an all-inclusive basis covering furniture, cleaning, WiFi, utilities, meeting rooms, and technical support, with weekly-to-annual flexible contract terms.

Utopicus runs on an operational technology stack rather than a proprietary product: a Nexudus-powered booking and membership management portal (utopicus.spaces.nexudus.com), OmniqoLab virtual tours on location pages, HubSpot and LiveChat for marketing and customer interaction, and a Building Management System (BMS) used for energy monitoring at sites such as Diagonal. The network is differentiated by sustainability credentials — the first Net Zero certified flexible workspace (Madnum), LEED Platinum at Glòries, LEED Gold at Príncipe de Vergara, and multiple BREEAM Very Good / Excellent / Outstanding ratings — and by design collaborations with named architects. The Utopicus Passport benefit links all 12 sites into a single cross-city member network.

Revenue is generated primarily through recurring subscriptions for private offices and Working Pass memberships (Working Pass at 259 EUR/month), transactional rentals for meeting, event and training rooms, and ancillary pay-per-use services (parking, catering, secure IT, dedicated phone numbers, etc.). Distribution is exclusively direct, via the company's website, the Nexudus self-serve portal, an inside sales team reachable through dedicated Barcelona (+34 935 85 19 19) and Madrid (+34 911 590 510) lines, and the Utopicus Referral Program; there are no third-party resellers or marketplace channels. Named enterprise customers include Lucanet, Miravia, Iberdrola BP Pulse and AT&T, alongside SMEs, startups, and individual professionals.

Name

Utopicus

Legal name

Utopicus Innovación Cultural S.L.

Website

https://utopicus.es

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Utopicus is a Spanish flexible workspace operator and a wholly-owned subsidiary of Colonial SFL, operating 12 prime-location sites totaling ~40,000 m² across Madrid and Barcelona, serving enterprises, SMEs, startups and professionals with all-inclusive offices, coworking, meeting rooms and event spaces.

Ownership category

akta.pro rank

Product category

Flexible Workspace / Coworking Services

NAICS

Facilities Support Services (561210), Office Machinery and Equipment Rental and Leasing (532420)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

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

akta.pro secondary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

Keywords

• Flexible workspace rental
• Coworking memberships
• Private office leasing
• Meeting room booking
• Event space rental

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Office and Private Workspace Rental: Utopicus generates the majority of its revenue from renting flexible private offices, HQ Flex (half-floor or full-floor customisable space), and Office Suites. Revenue is recurring in nature, with contracts ranging from weekly to monthly to annual tenures. Pricing is per person per month or per module, with all-inclusive bundles covering furniture, cleaning, WiFi, utilities, meeting rooms, and technical support.
2. Coworking (Working Pass): Hot-desk coworking memberships providing 24/7 access to delimited zones within Utopicus locations. Working Pass is sold as a monthly subscription (259 EUR/month) or as a 10-day bundle (290 EUR, redeemable within 3 months). This stream provides recurring revenue from individual professionals and corporate employees.
3. Meeting, Event, and Training Room Rental: Utopicus rents meeting rooms (4–16 persons), event spaces (up to 100 persons), and training rooms (up to 50 persons) on an hourly or per-booking basis. This is a transactional, usage-based revenue stream complementing the recurring office and coworking rental business.
4. Ancillary Services (Pay-per-use): Additional revenue is generated from optional pay-per-use services including secure IT racks, office customisation/personalisation, moving services, catering for meetings/events, extra cleaning, secure printing, bicycle and car parking, and exclusive telephone numbers. These are incremental revenue streams that enhance the core rental offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Utopicus rents fully serviced flexible workspaces across 12 prime locations in Madrid and Barcelona. Its portfolio includes Working Pass hot-desk coworking memberships, Private Offices, Office Suites, HQ Flex (half- or full-floor customisable space), Meeting Rooms, Event Spaces, and Training Rooms, all provided on an all-inclusive basis covering furniture, cleaning, WiFi, utilities, meeting room access, and technical support on flexible weekly-to-annual contracts.

Product overview

Utopicus is a flexible workspace provider offering a portfolio of 12 locations across Madrid and Barcelona, Spain. The product portfolio consists of core workspace rental services (Working Pass hot desking, Private Offices, Office Suites, and HQ Flex half/full floor customization) supplemented by meeting and event venues (Meeting Rooms for 4-16 people, Event Spaces for up to 100, and Training Rooms for up to 50). All spaces operate on an all-inclusive model covering furniture, cleaning, WiFi, meeting rooms, utilities, and technical support. The company is the flexible workspace network of Colonial SFL, with locations featuring sustainability certifications including LEED and BREEAM standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Working Pass Hot-desk coworking membership providing 24/7 access to a workstation in delimited coworking zones at any Utopicus location. Includes ergonomic furniture, access to common areas, and the Utopicus Passport for cross-location flexibility. Targeted at individual professionals, freelancers, and corporate employees seeking a flexible professional workspace.
• Working Pass 10 Days Bundle of 10 day-passes to Utopicus coworking zones, redeemable within 3 months. Designed for occasional users and distributed teams needing ad-hoc professional workspace access without a monthly commitment.
• Oficinas Privadas (Private Offices) Fully equipped private offices of various sizes with ergonomic furniture and all-inclusive services (WiFi, utilities, cleaning, meeting room access). Available across multiple Utopicus locations in Madrid and Barcelona, starting from 340 EUR per person per month. Targeted at SMEs, mid-market and enterprise companies that need dedicated, lockable workspace in prime locations.
• HQ Flex Half-floor or full-floor customisable workspace designed for companies that want a dedicated headquarters-like environment with independent access and 24/7 security. Tailored to a company's brand image and includes all-inclusive services. Targeted at mid-market and enterprise clients seeking a flagship flexible HQ in a prime Madrid or Barcelona location.
• Suite de Oficinas (Office Suites) Private office modules with internal meeting rooms or dedicated offices inside. Includes access to common areas and flexible configuration options. Targeted at growing teams that need a private, integrated office-with-meeting-room solution on flexible multi-year contracts.
• Salas de Reunión (Meeting Rooms) Meeting rooms available in Premium and Basic tiers, accommodating 4 to 16 people, fully equipped for business meetings. Rented on an hourly or per-booking basis to members and external customers.
• Salas de Eventos (Event Spaces) Event venues accommodating up to 100 people, suitable for corporate events, conferences, and large gatherings. Rented by the hour or per booking to corporate customers and event organisers.
• Salas de Formación (Training Rooms) Training and education spaces accommodating up to 50 people, designed for corporate training sessions, workshops, and classes. Rented on an hourly or per-booking basis.
• Utopicus Passport Membership benefit that allows Working Pass and private office members to access all Utopicus locations across Madrid and Barcelona, enabling cross-location flexibility for distributed teams.

Quantifiable outcome

• 10,000+ community members across the network
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 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.

• Colonial SFLcoreStrategic or Co-development PartnerUtopicus is the flexible workspace network of Colonial SFL, a leading pan-European real estate company (Eurozone reference). Colonial SFL owns and operates the buildings in which Utopicus spaces are located, providing the property portfolio, development capabilities, and real estate expertise that underpin Utopicus's market position. The relationship is described as 'we are the network of flexible spaces of Colonial SFL' and Utopicus is presented as an integral part of Colonial SFL's offering alongside its traditional office leasing business.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• IWG (Regus / Spaces / HQ): Global leader in flexible workspace with brands including Regus, Spaces, and HQ. Operates thousands of locations worldwide and is directly comparable to Utopicus in product offering (offices, coworking, meeting rooms), although at vastly larger scale and broader geographic reach.

Direct peers

• WeWork: Premium flexible workspace operator offering private offices, coworking, and meeting rooms across global cities. Direct competitor in product mix and customer segments to Utopicus, with overlap in major Spanish cities including Madrid and Barcelona.
• OneCoWork: Spanish flexible workspace operator with premium locations in Barcelona and Madrid. Direct local peer offering similar product mix — private offices, coworking, and meeting rooms — competing head-to-head in Utopicus's core geographies.
• Mindspace: Premium flexible workspace operator with locations across Europe and Israel. Competes with Utopicus on design-led, hospitality-grade workspace targeting enterprise and SME customers in major European cities.
• Industrious: Premium flexible workspace operator offering private offices and coworking across the US and UK. Comparable in positioning and product mix (premium all-inclusive offices, meeting rooms, enterprise focus), although currently lacking Utopicus's Iberian footprint.
• Convene: Premium workspace and meeting/event venue operator serving enterprise clients. Overlaps with Utopicus in the meeting, training, and event space verticals, with comparable all-inclusive enterprise offerings.
• Knotel (Newmark): Flexible office provider acquired by Newmark, offering HQ-grade private offices and customisable space to enterprises. Highly comparable to Utopicus's HQ Flex product, particularly for enterprise clients seeking bespoke full-floor solutions.

Emerging players

• Talent Garden: European coworking and innovation campus operator focused on tech and creative communities. Overlaps with Utopicus's Working Pass and community-driven coworking offering, although with a stronger tech-education angle.
• Hubud (Dojo Bali / global coworking networks): Community-driven coworking operator focused on entrepreneurs and remote workers. Overlaps with Utopicus's Working Pass coworking offering and community positioning, though typically at smaller scale and more localised geographies.

Others

• Colonial SFL (parent REIT): Utopicus's parent company — a publicly-listed pan-European REIT operating prime office assets. Relevant as the strategic owner and landlord of every Utopicus location; not a direct competitor but shapes Utopicus's economics and growth ceiling through its property portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/utopic_us
• YouTubeyoutube.com/channel/UCyKNeB7dGQ_G0xVWIxsvd_A
• Facebookfacebook.com/utopicus
• LinkedInlinkedin.com/company/utopic_us/?originalSubdomain=es
• Instagraminstagram.com/utopic_us

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

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 Utopicus