Ioffice Business Group
Ioffice Business Group is Sweden's largest coworking and serviced office operator, managing 67,500 sqm across 18 locations in Stockholm, Gothenburg, Malmö, and Uppsala following its October 2025 acquisition of United Spaces from Castellum AB, serving SMBs, individuals, and enterprise clients with flexible memberships, private offices, and meeting and event spaces.
- Company typePrivate
- Founded1999
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Ioffice Business Group does
Ioffice Business Group is a Swedish flexible workspace operator headquartered in Stockholm. Following its October 2025 acquisition of United Spaces from Nasdaq Stockholm-listed real estate company Castellum AB, the company operates approximately 67,500 square meters of coworking and serviced office space across 18 locations in Stockholm, Gothenburg, Malmö, and Uppsala, making it the largest operator in Sweden's coworking and office hotel sector. The group runs two brands—Ioffice and United Spaces—independently, with a pipeline expansion of approximately 5,700 sqm at Gothenburg's Park Central above the Västlänken station planned for 2027.
The company's product portfolio, marketed under the United Spaces brand, spans private offices (Eget kontor), dedicated desks (Eget skrivbord), coworking lounges, day passes (Dagspass), meeting rooms (Mötesrum), and event venues (Eventlokaler), supported by reception, kitchen, breakfast, and community programming services. The underlying technology is an online membership and booking platform, with no disclosed proprietary AI/ML, data, or integration capabilities. Distribution is direct through owned physical locations and a self-serve website, with on-site field sales for larger accounts.
Revenue is generated primarily through recurring monthly memberships across tiered products, supplemented by one-time day pass sales and transaction-based meeting room and event venue rentals, where members receive a 30% discount. Target customers span individual professionals, SMBs, and enterprise clients adopting hybrid work arrangements, with a segmentation approach described as hybrid. No revenue figures, funding rounds, or institutional investor information are disclosed in the available source material.
Ioffice Business Group firmographics
Firmographics- Name
- Ioffice Business Group
- Legal name
- Ioffice Business Center Ab
- Website
- https://ioffice.se
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ioffice Business Group is Sweden's largest coworking and serviced office operator, managing 67,500 sqm across 18 locations in Stockholm, Gothenburg, Malmö, and Uppsala following its October 2025 acquisition of United Spaces from Castellum AB, serving SMBs, individuals, and enterprise clients with flexible memberships, private offices, and meeting and event spaces.
- Ownership category
- akta.pro rank
Ioffice Business Group industry classification
Industry- Product category
- Coworking and Flexible Workspace Services
- NAICS
- Facilities Support Services (561210), Office Administrative Services (5611)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)
- akta.pro secondary industry
- Workplace & Office Support Services (Reception/Mailroom/Porterage/Helpdesk) (IMAIAAAD)
Keywords
Where Ioffice Business Group is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices5 records
Markets served
Ioffice Business Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Flexible Workspace Memberships: Recurring membership fees for access to coworking spaces, dedicated desks, and private offices. Memberships are available in tiers including lounge access, dedicated desks, and private offices.
- Day Passes (Dagspass): One-time day pass sales for temporary access to coworking facilities.
- Meeting Room and Event Space Rentals: Hourly or daily rental of meeting rooms and event spaces. Members receive 30% discount on meeting room bookings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Lounge membership for flexible workspace access |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Ioffice Business Group product offering
Product offeringCore offering
Ioffice Business Group operates as Sweden's largest flexible workspace provider, offering coworking lounges, dedicated desks, private offices, meeting rooms, and event venues across 18 locations in Stockholm, Uppsala, Gothenburg, Malmö, and Solna. Following its October 2025 acquisition of United Spaces from Castellum AB, the combined group manages approximately 67,500 square meters of serviced workspace serving businesses from individual freelancers to teams of 50+ employees through recurring memberships and transactional bookings.
Product overview
Ioffice Business Group operates a platform-plus-modules offering through its sub-brand United Spaces, which provides flexible workspace solutions across Sweden. The portfolio combines private office spaces (Eget kontor), dedicated desks (Eget skrivbord), and coworking lounge access with modular add-on services including meeting rooms, event venues, and day passes. Following the October 2025 acquisition of United Spaces from Castellum, the combined entity manages approximately 67,500 square meters across 18 locations in Stockholm, Uppsala, Gothenburg, and Malmö, making it Sweden's largest coworking and serviced office operator.
Differentiator
Problem solved
Functional benefit
Products and services
- Eget kontor (Private Office) Private office spaces available for companies seeking their own dedicated workspace with flexible terms, offered as part of United Spaces' flexible workspace portfolio.
- Lounge Coworking Membership Coworking lounge access providing flexible hot-desking options in shared workspace environments across United Spaces' 18 Swedish locations under a single membership.
- Eget skrivbord (Dedicated Desk) Reserved personal desk space in shared work areas for individuals needing a consistent workspace within United Spaces' coworking locations.
- Dagspass (Day Pass) Single-day access passes for temporary or visiting professionals needing flexible workspace access at any United Spaces location.
- Mötesrum (Meeting Room Rental) Meeting room rentals available for members (with a 30% discount) and external clients, accommodating groups from two to two hundred people across United Spaces' locations.
- Eventlokaler (Event Venue Rental) Event venue rental services for corporate events, presentations, and gatherings with full-service support including planning, technology, and catering.
Quantifiable outcome
- 67,500 sqm combined flexible workspace
- +1 more outcomes
Companies that use Ioffice Business Group
Customer profileSegments3 records
Ideal customer profiles3 records
Ioffice Business Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ioffice Business Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Castellum ABcoreCastellum AB, a Swedish real estate company listed on Nasdaq Stockholm, sold its United Spaces subsidiary to Ioffice Business Group. Castellum operates approximately 4.3 million square meters of commercial real estate across Scandinavia. This acquisition marks a strategic relationship where Ioffice acquired United Spaces from Castellum's portfolio.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Ioffice Business Group competitors and assessment
Company assessmentDirect peers
- The Office Group (TOG): TOG is one of the UK's largest flexible office providers with a similar mix of coworking, serviced offices, meeting rooms, and event spaces to United Spaces. Its scale and product portfolio make it a direct read-across for Ioffice's positioning, even though its footprint is concentrated in the UK.
- Industrious: Industrious is a premium flexible workspace provider focused on enterprise-grade offices, meeting rooms, and suites, primarily in North America with selective European expansion. It competes with Ioffice for the same enterprise and SMB hybrid-work customers and runs an analogous tiered membership model.
- WeWork: WeWork is the most recognized global coworking and flexible office operator, offering private offices, dedicated desks, lounges, and meeting rooms across hundreds of locations. While its post-bankruptcy footprint has narrowed, it remains the closest direct peer to Ioffice's core offering of multi-tier flexible workspace subscriptions in prime urban locations.
- Spaces (IWG brand): Spaces is IWG's design-led coworking brand that emphasizes community and creative environments. While owned by IWG, it operates with a distinct brand identity targeted at similar creative-class and SMB members as Ioffice and United Spaces, making it a directly comparable sub-brand peer.
- Mindspace: Mindspace is a flexible workspace operator with locations across Europe and Israel, offering serviced offices, coworking, and meeting space for SMBs and enterprises. Like Ioffice, it focuses on design-led, central, premium locations and serves a similar blend of corporate and individual members.
- Knotel (Newmark): Knotel, now part of Newmark, provided flexible, on-demand office space tailored for enterprise customers, particularly custom-built HQ solutions. Its enterprise-flex model overlaps with Ioffice's enterprise segment in Sweden, even though its primary footprint was historically North American.
Others
- Castellum AB: Castellum is a major Swedish commercial real estate company that owned United Spaces prior to the Ioffice acquisition. As the previous parent and a potential ongoing landlord/partner, Castellum is a key ecosystem participant whose strategic interests and property pipeline materially affect Ioffice's growth and footprint.
Emerging players
- Second Home: Second Home is a design-focused coworking and event-space operator with locations in London, Lisbon, Berlin, and other European cities. Although smaller and more design-led, its product mix (private offices, event venues, member events) parallels Ioffice's community-driven offering.
- Hubble (IWG – flexible leases): Hubble is a UK-based platform that helps businesses find and manage flexible office space, including coworking and serviced office bookings. It is now part of IWG. It is comparable as an emerging intermediary that competes indirectly with Ioffice's direct-booking website by aggregating third-party flexible workspaces.
Broad incumbents
- IWG plc (Regus, Spaces, HQ): IWG is the world's largest flexible workspace operator, running thousands of locations across 120+ countries under brands like Regus, Spaces, and HQ. It competes directly with Ioffice in Stockholm and other Swedish cities, but at vastly broader scale and across multiple geographies, making it the dominant broad incumbent in the same product category.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Ioffice Business Group social profiles
Digital presenceIoffice Business Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ioffice Business Group leadership team
Management profileNumber of profiles
Profiles2 records
Ioffice Business Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ioffice Business Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ioffice Business Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ioffice Business Group
What does Ioffice Business Group do?
Ioffice Business Group operates as Sweden's largest flexible workspace provider, offering coworking lounges, dedicated desks, private offices, meeting rooms, and event venues across 18 locations in Stockholm, Uppsala, Gothenburg, Malmö, and Solna. Following its October 2025 acquisition of United Spaces from Castellum AB, the combined group manages approximately 67,500 square meters of serviced workspace serving businesses from individual freelancers to teams of 50+ employees through recurring memberships and transactional bookings.
Is Ioffice Business Group a public or private company?
Ioffice Business Group is a private company. It is classified as unknown and is currently operating.
When was Ioffice Business Group founded?
Ioffice Business Group was founded in 1999. It employs 11 to 50 people.
Where is Ioffice Business Group based?
Ioffice Business Group is headquartered in Stockholm, Sweden, in the Europe region.
How does Ioffice Business Group make money?
Three revenue lines are on record. Flexible Workspace Memberships are the primary driver. The others are day Passes (Dagspass) and meeting Room and Event Space Rentals.
Who are Ioffice Business Group's main competitors?
Direct peers on record are The Office Group (TOG), Industrious, WeWork, Spaces (IWG brand), Mindspace and Knotel (Newmark). Castellum AB is listed as an others. Emerging players are Second Home and Hubble (IWG – flexible leases). IWG plc (Regus, Spaces, HQ) is listed as a broad incumbent.
Does Ioffice Business Group have an API?
No public API is recorded for Ioffice Business Group.
What industry is Ioffice Business Group in?
Ioffice Business Group's product category is Coworking and Flexible Workspace Services. Its primary akta.pro industry code is BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations, with a secondary code of IMAIAAAD, Workplace & Office Support Services (Reception/Mailroom/Porterage/Helpdesk). Its NAICS code is 561210 and its SIC code is 8744.