What Punspace does

Punspace operates a two-location coworking and flexible-workspace business in Chiang Mai, Thailand, founded in 2013 as the city's first coworking space. The company targets independent professionals and small teams — remote workers, digital nomads, startup founders, software developers, designers, content creators, consultants, and venture capitalists — offering four product tiers: Hot Desk (flexible drop-in seating), Cool Desk (reserved dedicated desk with locker), Private Office, and Meeting Room. Both branches sit inside Chiang Mai's old town: Wiang Kaew is housed in a renovated former soda-bottle factory with a courtyard and 24/7 member access, while Tha Phae Gate is a quieter second-floor space above Burkta Coffee near cultural landmarks. The Wiang Kaew branch additionally hosts a curated on-site ecosystem of cafés, restaurants, a motorbike rental desk, a bike-tour operator, a yoga and ice-bath studio, a clothing shop, and a law office.

The underlying platform is conventional physical-workspace infrastructure rather than technology: high-speed internet, ergonomic furniture, lockers, monitors, printer/scanner/copier, Skype rooms, shower, pantry, CCTV, fingerprint access, and air purifiers. The Wiang Kaew site offers 24/7 access to members. Pricing is structured as monthly subscriptions for desk and office products and pay-as-you-go for meeting rooms, with tier-level pricing published on the company's website. Distribution is direct — walk-in visits, the punspace.com site, and Google Maps discovery — with no third-party sales channel or enterprise sales motion visible.

Revenue mechanics are subscription-recurring from a long tail of individual members and small teams, supplemented by transactional meeting-room rentals. The company is privately held, reports 1–10 employees, has no disclosed funding, no parent entity, and operates only in Chiang Mai. No mobile app, API, software integrations, or AI/ML capabilities are present in the offering; competitive differentiation rests on brand heritage, location, and community rather than technology.

Name

Punspace

Legal name

Punspace

Website

https://punspace.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Punspace is a Chiang Mai, Thailand coworking operator founded in 2013 that runs two old-town locations offering hot desks, dedicated desks, private offices, and meeting rooms to remote workers, digital nomads, startups, and independent professionals on monthly subscriptions.

Ownership category

akta.pro rank

Headquarters

HQ city

Chiang Mai

HQ country

Thailand

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Hot Desk Membership: Flexible seating arrangement on a first-come, first-served basis, providing access to communal workspace amenities.
2. Cool Desk Membership: Reserved dedicated desk with secure locker storage, offering members their own permanent workspace within the coworking environment.
3. Private Office Rental: Private office spaces within the coworking environment combining privacy with access to community and shared amenities.
4. Meeting Room Rental: Professional meeting room spaces for client meetings and online conferences, available for hourly or daily booking.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Punspace provides shared coworking workspaces at two Chiang Mai locations, offering four member-facing products: Hot Desk (flexible first-come, first-served seating), Cool Desk (reserved dedicated desk with locker), Private Office (enclosed office within the coworking environment), and Meeting Room (professional space for client meetings and online conferences). Members also receive shared amenities including high-speed internet, ergonomic furniture, fingerprint/CCTV-secured access, Skype rooms, printing/scanning, showers, pantry, and access to community events and on-site cafés and restaurants.

Product overview

Punspace is a coworking space provider offering a unified workspace platform with four interconnected service tiers: Hot Desk (flexible drop-in seating), Cool Desk (reserved dedicated desk with locker storage), Meeting Room (private professional meeting spaces), and Private Office (full private office within coworking environment). All spaces provide shared amenities including high-speed internet, ergonomic furniture, printing services, and access to community events. Located in Chiang Mai, Thailand since 2013.

Differentiator

Problem solved

Functional benefit

Products and services

• Hot Desk Flexible seating on a first-come, first-served basis that gives users access to any available desk in the communal workspace, with shared amenities including high-speed internet, ergonomic furniture, and printing/scanning facilities. Targeted at remote workers, freelancers, and visiting professionals in Chiang Mai.
• Cool Desk A reserved, dedicated workspace with a free locker drawer for secure storage of personal items or documents, providing members a permanent spot within the coworking environment plus access to all shared amenities. Designed for members who want their own regular workstation.
• Private Office An enclosed private office space within the coworking environment that combines the privacy of a dedicated office with access to shared community amenities such as high-speed internet, meeting rooms, and on-site cafés/restaurants. Targeted at small teams, founders, and professionals needing a confidential workspace.
• Meeting Room A private, well-equipped room for client meetings, team sessions, and online conferences, with professional amenities. Available for hourly or daily booking to members and non-members for client-facing or remote meetings.

Segments6 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

Nine partnerships are on record, tiered minor.

• Burkta CoffeeminorOthersCoffee shop and bakery located at the Wiang Kaew location, serving as an on-site amenity for members and visitors. Operating hours 8 AM-5 PM.
• SnoozeminorOthersSmoothie bowls and breakfast restaurant located at Wiang Kaew location. Operating hours 8:30 AM-4:30 PM.
• ตาเลี้ยวข้าวซอยminorOthersThai food restaurant at Wiang Kaew location serving lunch and dinner. Operating hours 11 AM-8 PM.
• CheesetoberminorOthersPhilly cheesesteak restaurant at Wiang Kaew location. Operating hours 4 PM-10 PM.
• Grasshopper AdventuresminorOthersBike tour office at Wiang Kaew location. Operating hours 9 AM-6 PM.
• Penny Motorbike RentalminorOthersMotorbike rental service at Wiang Kaew location for member transportation needs.
• OG STYLE 56minorOthersClothes shop at Wiang Kaew location open from 9 AM.
• Abbysociety.oldtownminorOthersYoga and ice bath service located on the 2nd floor at Wiang Kaew location.
• Sakao LawyerminorOthersLaw office at Wiang Kaew location offering legal services. Operating hours 9 AM-4 PM.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• Hubud: Hubud is a well-known coworking space in Ubud, Bali, targeting digital nomads and remote workers in a Southeast Asia lifestyle destination. Directly comparable to Punspace in terms of target customer (digital nomads), community-led GTM, and tiered membership structure in a tourism-driven city.
• Dojo Bali: Dojo Bali is a prominent coworking space in Bali, Indonesia, catering to digital nomads, entrepreneurs, and developers. Comparable in customer profile (remote workers, startups), community ethos, and tiered offerings (hot desks, dedicated desks, private offices), making it a close analog to Punspace Chiang Mai.
• Hub53 Coworking Chiang Mai: Hub53 is a coworking space operator in Chiang Mai directly serving digital nomads and startups in the same Nimman / old-city corridor as Punspace. Direct local competitor with overlapping membership tiers and target customer base.
• CAMP@MAYUREE / Chiang Mai coworking competitors: Local Chiang Mai coworking operators (such as CAMP@Mayuree and similar independent spaces) compete head-to-head with Punspace for the same digital nomad, founder, and developer community in Chiang Mai. Closest direct competitor by geography, target customer, and product offering (hot desks, dedicated desks, meeting rooms).
• The Working Capitol: The Working Capitol is a coworking and innovation space operator in Singapore focused on community-driven workspace for entrepreneurs and corporates. Comparable membership tiers, community-led GTM, and enterprise/startup member mix.

Broad incumbents

• JustCo: JustCo is one of the largest coworking operators in Southeast Asia with locations across Singapore, Thailand, Indonesia and beyond. Comparable flexible workspace offering (hot desks, dedicated desks, private offices, meeting rooms) targeting the same digital nomad and startup segments that Punspace serves.
• WeWork: WeWork is the global leader in coworking and flexible office space, offering hot desks, dedicated desks, private offices, and meeting rooms worldwide. Comparable workspace product and target customer base (startups, freelancers, enterprises), though at much larger scale and primarily in major metropolitan markets rather than Chiang Mai.
• IWG / Regus: IWG operates Regus, Spaces, and other flexible workspace brands globally, offering serviced offices, coworking, and meeting rooms. Comparable core offering (private offices, coworking memberships, meeting rooms) and overlapping customer profile of SMEs and remote professionals.

Regional players

• Garage Society: Garage Society operates coworking and flexible workspace locations across Hong Kong and other Asian cities with a community-driven positioning. Comparable target market (entrepreneurs, remote workers, SMEs) and similar hot desk / dedicated desk / event space product mix.
• The Hive Bangkok: The Hive operates premium coworking and serviced office spaces across Bangkok and other Thai cities, overlapping directly with Punspace's Thailand coworking and private office offerings. Comparable target market (entrepreneurs, remote workers, SMEs) and similar tiered membership model, though concentrated in Bangkok rather than Chiang Mai.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

• Xx.com/punspace
• Facebookfacebook.com/punspace
• LinkedInlinkedin.com/company/punspace

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 Punspace