TailoredSpace

What TailoredSpace does

TailoredSpace is a privately held coworking and flexible office operator founded in 2019 by Drew Sanden, a former CBRE broker, and headquartered in West Covina, California. The company provides turnkey office solutions across a portfolio of 17 active campuses spanning Southern California's Inland Empire, Los Angeles, Orange County, and San Diego County submarkets, with a planned expansion into Northern California. Its product set includes flexible coworking desks (from $225/month), fully furnished private offices for teams of 1-8 ($650-$995/month), reconfigurable suites with movable walls for teams up to 25 ($1,895-$4,995/month), virtual office plans ($75-$100/month), hourly conference and event space rentals ($50-$75/hour), and audio recording studios ($100-$200/hour). All memberships are month-to-month.

The company's underlying technology is a coworking management and booking platform used for member scheduling, billing, and space management, accessed through a member portal and self-service website for tour booking and conference room reservations. On-site Community Directors at each campus handle field sales, member onboarding, and account management.

TailoredSpace generates revenue through three streams: recurring monthly membership subscriptions (the largest stream), usage-based hourly rentals of meeting and studio spaces, and management fees earned under performance-based agreements with property owners where landlords fund tenant improvements and equipment. The company operates a value-brand sister company, SimplerSpace, targeting second-generation space and price-sensitive clients. The management agreement model is the defining commercial feature: it aligns landlord and operator incentives, offloads capex to landlords, and enables portfolio scaling without external funding rounds. Primary customers are SMBs, solo entrepreneurs, service-based firms (legal and real estate), hybrid workers, and growing startups seeking suburban locations with flexible terms and professional amenities; 80% of members live within a five-mile radius of a location, and average portfolio occupancy is reported at 90-96%.

Name

TailoredSpace

Legal name

TailoredSpace

Website

https://tailoredspace.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

TailoredSpace is a Southern California coworking operator founded in 2019, managing 17+ suburban campuses of coworking desks, offices, suites, virtual offices, and hourly meeting/studio space under month-to-month memberships and performance-based landlord management agreements. Its SMB customers are primarily solo entrepreneurs, service-based firms, and hybrid workers.

Ownership category

akta.pro rank

Product category

Flexible Workspace Services

NAICS

Facilities Support Services (561210)

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 office space
• Coworking memberships
• Executive office suites
• Virtual office services
• Suburban coworking

Headquarters

HQ city

West Covina

HQ country

United States

HQ region

North America

Offices19 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Subscriptions: Monthly membership fees for desk, office, suite, and virtual office memberships. All memberships are month-to-month providing maximum flexibility. Revenue is recurring and based on space type and location tier.
2. Hourly Space Rentals: Hourly rental of conference rooms, podcast studios, recording studios, and event spaces. Available to members and non-members for meetings, trainings, and events.
3. Property Management Fees: Management agreement revenue where TailoredSpace acts as service provider for landlords, earning monthly management fees based on site performance. Landlord assumes costs of tenant improvements and equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

TailoredSpace operates a network of coworking campuses across Southern California offering flexible month-to-month memberships that include coworking desks, fully furnished private offices, reconfigurable suites, virtual office plans with mail handling, and hourly rentals of conference rooms and recording studios. Operations are run under management agreements with property owners who fund tenant improvements while TailoredSpace handles design, marketing, staffing, billing, and member services.

Product overview

TailoredSpace is a premium coworking and flexible office space provider operating a portfolio of 17+ locations across Southern California. The company offers a unified platform of workspace solutions including Desk (flexible coworking seats from $225/month), Office (fully furnished private offices from $650/month), Suites (reconfigurable private suites for teams up to 25), Virtual Office (mailing address and conference room access from $75/month), Conference Rooms/Events (hourly rentals from $50/hour), and Recording Studios (hourly rentals from $100/hour). All memberships are month-to-month, providing maximum flexibility. The company also operates SimplerSpace as a value-focused sub-brand. Locations span multiple regions including Inland Empire, Los Angeles, Orange County, and San Diego, with expansion planned into Northern California.

Differentiator

Problem solved

Functional benefit

Brands

• SimplerSpace: A more affordable, value-brand coworking model targeting landlords with second-generation space and clients seeking flexibility over premium amenities. SimplerSpace offers basic coworking options without extensive amenities.

Products and services

• Desk (Coworking Membership) Flexible coworking seats located throughout TailoredSpace campuses, available from $225/month. Designed for individuals on the move or working dynamic schedules who want a non-reserved professional workspace.
• Office (Private Office) Fully furnished private offices ideal for teams from 1 to 8, available from $650/month. Turnkey office solution for small businesses and growing teams that need a dedicated, lockable workspace.
• Suites Private suites with reconfigurable interior office layouts built with movable walls, accommodating teams of up to 25. Designed for companies seeking identity and flexibility while remaining connected to a larger community.
• Virtual Office Virtual office service providing businesses with a professional mailing address and access to conference rooms, starting from $75/month. Suited for remote businesses and service-based professionals needing a prestigious address without a dedicated desk.
• Conference Rooms and Event Spaces Hourly rentals of conference rooms, board rooms, training rooms, and event spaces. Fully equipped spaces available for rent by the hour starting from $50/hour, for meetings, trainings, and events by both members and non-members.
• Recording and Podcast Studios Fully equipped audio recording spaces available to rent hourly, including podcast studios ($200/hour in Burbank) and recording studios ($100/hour in San Juan Capistrano). Used for podcast, video, and audiobook recording.
• SimplerSpace (Value Coworking Brand) A value-focused sister brand of TailoredSpace offering pared-down coworking in second-generation spaces with fewer amenities. Targets landlords needing to fill vacant space and clients prioritizing cost over premium features.
• Coworking Property Management Service Long-term management agreement service for building and property owners in which TailoredSpace operates coworking space within the owner's property. The landlord funds tenant improvements and equipment, while TailoredSpace handles design, construction oversight, advertising, marketing, staffing, billing, and member relationships, earning monthly management fees based on site performance.

Quantifiable outcome

• 96% average portfolio occupancy rate driven by strong demand in suburban markets
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Strauss InvestmentscoreStrategic or Co-development Partner · 11 May 2026Property owner for Solana Beach coworking campus at 990 Highland Drive. Second Strauss property to feature TailoredSpace's coworking model. Owner assumes costs of tenant improvements, furniture, fixtures and equipment while TailoredSpace handles design, construction oversight, advertising, marketing, staffing, billing, site management and member relationships.
• SimplerSpacecoreOthersSister brand under same ownership targeting landlords needing to fill vacant space. SimplerSpace is a value-brand model using second-generation spaces with less amenities, focusing on commodity space fill for more price-sensitive clients. Both brands launched in 2019.
• Building and Property OwnerscoreChannel Partner/ Reseller/ DistributorLong-term management agreements where TailoredSpace acts as property manager/service provider. Landlord partners include private family funds and institutional investors. TailoredSpace earns monthly management fees based on site performance rather than fixed rent. Partnership designed to drive leasing activity, increase tenant retention, and reduce recurring tenant improvement costs.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Liquidspace: Marketplace and booking platform for meeting rooms, day offices, and coworking on demand. Comparable to TailoredSpace as an adjacent player in the flexible-workspace ecosystem; complementary rather than directly competitive, but increasingly relevant as on-demand and hybrid bookings grow in importance.
• Convene: Premium meeting, event, and flexible-office operator serving enterprise clients. Comparable to TailoredSpace for its premium positioning, meeting-room and event offerings, and amenity-rich experience, though it primarily targets Class-A urban buildings and enterprise events rather than suburban SMBs.

Broad incumbents

• Spaces: International coworking and flexible-office brand under IWG with design-forward, community-oriented positioning. Comparable to TailoredSpace in its emphasis on premium amenities and a community-driven member experience, but operates globally and predominantly in urban centers.
• WeWork: Recapitalized coworking giant offering shared offices and suites to members and enterprises. Historically a leading competitor in flexible workspace, now emerging from restructuring; comparable in core offering but predominantly urban, while TailoredSpace deliberately targets suburban locations WeWork under-serves.
• IWG / Regus: Largest global flexible-workspace operator with brands including Regus, HQ, and Signature. Comparable as a broad incumbent offering similar coworking, virtual office, and meeting-room products, though it operates a much larger and more geographically diverse portfolio and typically targets urban Class-A buildings rather than suburban campuses.

Direct peers

• Industrious: Premium flexible office and coworking operator with a national footprint. Comparable as a similarly positioned coworking brand focused on high-quality, amenity-rich spaces serving SMBs and enterprise teams, directly competing for landlord management agreements and premium suburban tenants.
• Serendipity Labs: U.S. operator of upscale coworking and shared workspaces in suburban and secondary-market locations. Comparable to TailoredSpace because it targets SMBs and remote workers, offers flexible memberships and meeting-room rentals, and competes for similar landlord management agreements in high-income suburban markets.
• Workbox: Suburban-focused coworking and flexible-office operator serving small and mid-sized businesses outside urban cores. Comparable to TailoredSpace in target customer (SMBs and professionals), geography (premium suburbs rather than downtown), and product mix (private offices, suites, and meeting rooms).
• Quest Workspaces: Premium coworking and executive-suite operator serving SMBs and enterprise clients in select U.S. markets. Comparable to TailoredSpace for its mix of private offices, virtual offices, and meeting-room rentals under a service-led model, though it focuses primarily on select urban and coastal markets.
• Office Evolution: U.S. flexible-office franchise with a pronounced suburban focus, serving SMBs with private offices and meeting rooms. Highly comparable to TailoredSpace because it targets suburban secondary markets, offers month-to-month memberships, and operates through landlord partnerships across multiple U.S. regions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/tailoredspacecowork
• LinkedInlinkedin.com/company/tailoredspace

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 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 TailoredSpace