What Collaboration Station does

Collaboration Station, operating as CoLab, is a coworking and private office space provider founded in 2017 and headquartered in downtown Opelika, Alabama. The company operates four physical locations in the city's downtown core — branded CoLab 216 (Core, 46 offices), CoLab 404 (Flex, 18 offices across two floors), CoLab 704 (Link, 4 offices), and CoLab 606 (Vault, 6 offices) — collectively offering over 74 fully furnished private office spaces, all of which are reported as 100% occupied. Its core product is a tiered subscription workspace portfolio ranging from a $75/month Mailbox Service (business address and mail handling only) up to $400+/month Private Offices with motorized sit-stand desks, executive seating, and 8 hours of monthly conference room access. Intermediate tiers include a Virtual Office ($125/month with forwarded phone line), CoWorking Membership ($200/month with 24/7 access), and Dedicated Desk ($300/month with a personal desk and locked filing cabinet).

The underlying infrastructure combines physical real estate with on-site operational technology: 1G high-speed WiFi across all locations, keyless FOB entry for 24/7 member access, CCTV security with on-site management during business hours (9AM-5PM M-F), and bookable amenities including four high-tech conference rooms ($75/hour or $300/full day) and podcast-equipped sound booths ($50/hour). The company's technology platform is light: a Squarespace-hosted website, Calendly for online tour booking, and interest-form capture — there is no proprietary software, mobile app, or AI capability.

CoLab generates revenue primarily through recurring monthly subscriptions across its six membership tiers, supplemented by usage-based revenue from conference room, sound booth, and day-pass rentals, plus a 20% pricing premium on third-party bookings via DeskPass. Its go-to-market is direct-to-consumer, targeting remote workers, solopreneurs, and small business owners in the Auburn-Opelika micro-market through website self-serve, online tour booking, and direct phone contact. The customer base is a horizontal long-tail of individuals and small teams with no disclosed enterprise anchor accounts. Founded as a privately held, bootstrapped operator, Collaboration Station has no disclosed venture funding, no parent company, and operates with 1-10 employees.

Name

Collaboration Station

Legal name

CoLab

Website

https://colabopelika.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Collaboration Station (CoLab) is a privately held, bootstrapped coworking and private office provider founded in 2017, operating four fully occupied downtown Opelika, Alabama locations serving remote workers, solopreneurs, and small businesses through tiered subscriptions from $75 to $400+ per month.

Ownership category

akta.pro rank

Headquarters

HQ city

Opelika

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Subscriptions: Recurring monthly subscriptions for various workspace tiers including mailbox service, virtual office, coworking, dedicated desk, and private office. Private offices require 3-month minimum commitment then transition to month-to-month.
2. Day Passes and Hourly Rentals: One-time daily passes for coworking access and hourly rental of conference rooms and sound booths for non-members and members needing additional space.
3. Virtual Office Services: Monthly subscription for business address and mail handling services, with optional phone line forwarding.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Collaboration Station (CoLab) provides flexible coworking and private office space across four downtown Opelika, Alabama locations, offering tiered memberships ranging from a $75/month mailbox service to fully furnished private offices starting at $400/month. Members receive 24/7 keyless access, 1G Wi-Fi, mail handling, printing, conference room hours, and on-site amenities, with day passes and hourly conference room and sound booth rentals available to non-members.

Product overview

CoLab (Collaboration Station) is a coworking and flexible office space provider operating four locations in downtown Opelika, AL. The company offers a tiered membership structure ranging from virtual services (Mailbox Service and Virtual Office) to physical workspace solutions (CoWorking Day Passes, CoWorking Memberships, Dedicated Desks, and Private Offices). All locations collectively offer 74 private office spaces across four buildings. The portfolio also includes bookable amenities such as conference rooms and sound booths available to members and non-members. Members receive 24/7 keyless access, utilities, high-speed Wi-Fi (1G), business address services, printing/copying credits, and monthly member events. The membership tiers scale from $75/month (Mailbox Service) to $400+/month (Private Office), with conference rooms and sound booths available à la carte.

Differentiator

Problem solved

Functional benefit

Brands

• CoLab 216 - Core: First location with 46 private offices at 216 S 8th St, Opelika, AL - 100% occupied
• CoLab 404 - Flex
• CoLab 704 - Link
• CoLab 606 - Vault

Quantifiable outcome

• Flexible workspace without long-term commitment - after 3-month minimum, membership resumes month-to-month
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• WeWork: Largest branded coworking operator globally, providing private offices, dedicated desks, hot-desks, and meeting rooms. While focused on dense urban markets, WeWork competes for the same flexible-workspace demand that CoLab serves in the small-market Auburn-Opelika corridor.
• IWG (Regus, Spaces): Largest global provider of flexible workspaces under brands including Regus, Spaces, HQ, and Signature. Offers the same core products as CoLab (private offices, coworking, virtual offices, meeting rooms) but at massive global scale across thousands of locations.

Direct peers

• Industrious: Premium flexible-workspace operator offering private offices, coworking memberships, and suite-style offices across U.S. markets. Directly comparable to CoLab in product mix (private offices, suites, meeting rooms) and target customers (small businesses, remote workers), but operating at significantly larger national scale.
• Office Evolution: Franchise-based coworking and office-space operator providing private offices, virtual offices, and meeting rooms primarily to small businesses and solopreneurs. Closely matches CoLab's tiered membership structure and SMB focus, with a comparable suburban/small-market real estate footprint.
• Premier Workspaces: Franchise office-space operator offering private offices, virtual offices, coworking, and meeting room rentals to small businesses across U.S. markets. Directly comparable to CoLab in product tiering and SMB customer base, with similar all-inclusive pricing philosophy.
• Workbox: Premium coworking and private office operator in U.S. urban and suburban markets. Offers similar membership tiers (coworking, dedicated desk, private office) and à la carte meeting room services to CoLab, with comparable target customers in the SMB and entrepreneur segment.
• Novel Coworking: Acquisition-driven coworking operator that buys and rebrands existing flexible-workspace buildings. Directly comparable to CoLab's private-office-heavy product mix and SMB target, though Novel typically serves mid-tier urban markets rather than small cities.
• Convene: Premium flexible-workspace and meeting-space provider with full-service hospitality offerings. Comparable to CoLab's emphasis on meeting rooms, conference facilities, and curated member experiences, though focused on larger urban markets and enterprise clients.

Others

• Opus Virtual Offices: Virtual office provider offering business addresses, mail handling, and phone-forwarding services. Referenced on CoLab's own website for complex phone/voicemail needs, making it a thematically adjacent enabling service rather than a direct coworking competitor.

Emerging players

• District Cowork: Emerging coworking operator focused on secondary U.S. markets and small cities. Closely aligned with CoLab's small-market, community-oriented positioning and SMB customer base, but at an earlier growth stage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/identiu

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 Collaboration Station