Coworkly

What Coworkly does

Coworkly is a privately held coworking and shared office space operator headquartered in Ottawa, Ontario, Canada, founded in 2018 and operated under parent company Ethical Holdings No. 3 Inc. The company targets remote workers, freelancers, startup teams, distributed teams, and independent professionals (including lawyers and consultants), and also serves event organizers and educational/community groups such as Canada Learning Code and weVolution. Its physical product is anchored at 261 Montreal Road in the Vanier neighbourhood, with a second Westboro location having stopped accepting new memberships.

The offering spans day passes (USD-equivalent pricing in CAD: $30/day), part-time and full-time monthly coworking subscriptions, dedicated private offices (from $1,400/month with month-to-month flexibility and a minimum 3-month commitment), daily private office rentals ($100/person/day, minimum two people), meeting rooms with 65-inch displays, an event space of approximately 3,500 sq ft accommodating 60-70 seated attendees with 3-camera livestreaming A/V, an audio/video recording studio with green-screen walls, four soundproof phone booths, a meditation/recharge room, and parking. Coworkly's core physical differentiators are dual-network Gigabit Internet with automatic failover across Bell and Rogers, double-layer soundproofing delivering 90%+ absorption efficiency in private offices, and ergonomic standing-desk options. Booking, scheduling, and membership management run on the Officernd SaaS platform.

Coworkly's business model combines recurring subscriptions (monthly coworking and private office memberships, monthly parking) with usage-based revenue (day passes, day offices, meeting rooms, event space), all sold direct to consumers and SMBs via a self-serve website, with phone-based inbound sales and scheduled tours supporting higher-value enquiries. Distribution relies on Google reviews, embedded YouTube virtual tours and testimonials, earned media (CBC, Ottawa Business Journal, apt613), and community programming such as weekly Lunch & Learn sessions and free Thursday lunches. Marketing channels show no evidence of paid acquisition, content marketing, or partnerships, and the operator has no disclosed funding, no AI/ML capabilities, and no enterprise contracts, making it a small, single-market, lifestyle-business profile.

Name

Coworkly

Legal name

Ethical Holdings No. 3 Inc.

Website

https://coworkly.ca

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Coworkly is a privately held Ottawa-based coworking and shared office space operator founded in 2018, serving remote workers, freelancers, startup teams, and professionals with day passes, monthly memberships, private offices, meeting rooms, and event space.

Ownership category

akta.pro rank

Headquarters

HQ city

Vanier

HQ country

Canada

HQ region

North America

Offices2 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. Coworking Monthly Subscriptions: Monthly recurring subscriptions for hot desk and dedicated desk access with different plan tiers (part-time, full-time options). Includes amenities like coffee, internet, meeting room access.
2. Day Passes: One-time daily access passes at $30/day for coworking space access, including phone/Zoom booth access, meditation room, and complimentary beverages.
3. Day Office Rentals: Per-person daily rental of private offices at $100/person/day with minimum 2-person requirement. Includes dual-gigabit internet, standing desk, modern collaboration tools, and complimentary beverages.
4. Private Office Memberships: Monthly private office leases with month-to-month flexibility (45-day notice), fully furnished with 4 standing desks, ergonomic chairs, whiteboard, file cabinet. Includes 6+ hours/month of free boardroom access.
5. Event Space Rental: Hourly or daily rental of event space accommodating up to 60 people seated (3500SF) with stage, A/V, coffee/espresso included.
6. Meeting Room Booking: Pay-per-use meeting room rentals for clients and members, designed to impress with modern furnishings and A/V capabilities.
7. Parking Services: Daily onsite parking at $8/day or $95/month including HST for members and guests. Evening and weekend parking free.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Coworkly operates physical coworking and shared office facilities in Ottawa, selling day passes ($30/day), monthly coworking memberships, private office leases (from $1,400/month), day office rentals ($100/person/day), meeting room bookings, and event space rental for up to 60 seated guests. The offering is targeted at remote workers, freelancers, startup teams, and professionals seeking flexible, professionally furnished workspace with high-speed internet, soundproofing, and amenities.

Product overview

Coworkly is a coworking space provider offering a unified platform of workspace solutions. The core offerings include Day Passes and Monthly Coworking Plans for flexible shared workspace access, alongside Private Offices for teams requiring dedicated space. Additional services encompass Meeting Rooms, Day Office Rentals, Event Space for up to 60 guests, Audio Recording Booth for media production, and amenity spaces like Phone Booths and Recharge Room. All offerings are coordinated through the Officernd booking platform for scheduling and membership management.

Differentiator

Problem solved

Functional benefit

Products and services

• Day Pass Full-day access to the Coworkly coworking space (9am-5pm) at $30/day, including phone/Zoom booth access, meditation room, complimentary coffee, espresso, and tea, plus a free lunch on Thursdays. Targeted at remote workers and drop-in users who need occasional workspace without a monthly commitment.
• Monthly Coworking Plans Flexible monthly memberships for shared workspace access with part-time and full-time tiers. Full-time plans include 24/7 access. All plans include internet, coffee, tea, meeting room access, and kitchen facilities. Designed for freelancers, remote workers, and independent professionals in Ottawa.
• Private Offices Fully furnished private office spaces with month-to-month leases (45-day notice) starting at $1,400/month for a 3-member team. Each office includes 4 standing desks, ergonomic chairs, frosted glass whiteboards, and file cabinets. Offices feature 90%+ sound absorption and dual Gigabit Internet (Bell & Rogers) with failover. Includes daily cleaning, mail/package handling, 24/7 secure access, meeting room access (minimum 6 hours/month free boardroom), and shared kitchen. Minimum 3-month commitment; 10% discount on yearly agreements.
• Meeting Rooms Professionally designed meeting spaces equipped with 65-inch flat screen TVs and frosted glass whiteboards, accommodating up to 8 people. Available for pay-per-use booking by clients and members; office plan members receive minimum 6 hours/month of free boardroom access.
• Day Office Rentals Fully furnished private office space available for daily rental at $100/person/day (minimum 2 people). Includes dual-gigabit internet, adjustable sitting/standing desk, modern collaboration board and TV, and complimentary coffee/espresso and tea. Designed for distributed teams and visiting professionals needing a short-term private office.
• Event Space Event venue accommodating up to 60 people seated (3,500 sq ft total) with an engineered stage and podium, modern A/V equipment, 3-camera video recording and livestreaming capabilities, a private nursing room, onsite parking, and complimentary coffee/espresso and tea. Targeted at organizations hosting workshops, seminars, networking events, and corporate functions.
• Audio Recording Booth Audio and video studio for podcasting, photography and videography (live and offline) with green-painted walls for background manipulation. Bookable as a standalone resource via the Officernd platform.
• Parking Services Onsite parking available to members and guests at $8/day or $95/month (including HST). Evening and weekend parking is free.

Quantifiable outcome

• 90%+ sound absorbing efficiency in private offices
• +1 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Make Office: Independent coworking operator offering private offices, coworking, and event space in Canadian markets. Comparable to Coworkly in independent-operator positioning, curated amenities, and SMB/freelancer targeting.
• Industrious: Premium flexible office operator offering private offices, coworking, and meeting rooms with a focus on design, hospitality, and enterprise clients. Closely comparable to Coworkly's premium positioning and amenity-led model.

Broad incumbents

• Spaces: IWG-owned design-forward coworking brand offering offices, coworking, and meeting rooms globally. Comparable to Coworkly in target customer (professionals, SMBs) and product mix, with significantly broader geographic reach.
• WeWork: Global coworking and flexible office incumbent offering day passes, dedicated desks, and private offices across hundreds of locations. Directly comparable to Coworkly in product offering but vastly larger in scale, brand, and capital.
• IWG (Regus, Spaces): World's largest flexible workspace operator with multiple brands (Regus, Spaces, HQ). Competes with Coworkly across the same product lines (day offices, private offices, meeting rooms) with global reach and enterprise contracts.
• Impact Hub: Global network of mission-driven coworking spaces serving entrepreneurs, NGOs, and social enterprises. Comparable to Coworkly in community-led GTM and event programming, with an international footprint.
• Galvanize: Coworking operator with a focus on tech and entrepreneurship, offering workspace, event space, and learning programs. Comparable to Coworkly in event space and community programming, with a US footprint.

Regional players

• Workplace One: Canadian coworking and shared office brand with locations in Toronto and Ottawa. Closely comparable to Coworkly in geography, product offering (offices, coworking, meeting rooms), and target SMB customer base.
• Workhaus: Canadian coworking operator with multiple locations in the Greater Toronto Area offering private offices, coworking, and meeting rooms. Comparable to Coworkly in product offering and SMB/professional customer base, but operates in a different Canadian metro.

Others

• Coworker.com: Marketplace and directory for coworking spaces globally. Coworkly is listed on Coworker.com; the platform is comparable as an indirect peer via its role in customer discovery and distribution for coworking operators.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=Rs-jzHt0sws
• Xx.com/coworkly_ottawa
• Facebookfacebook.com/coworkly

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Coworkly