Kenect

What Kenect does

Kenect is a residential and coworking community brand operated as part of Akara Living's portfolio, with its flagship property located at 800 19th Ave S in Midtown Nashville, within walking distance of Vanderbilt University and Music Row. The company combines modern apartment rentals (studio, one-bedroom, and three-bedroom shared roommate configurations starting at $1,475/month) with tiered coworking memberships (Float hot-desking, Dock reserved desk, Pod day access) and single-day DayPass access, marketed to urban professionals, Vanderbilt students, and entrepreneurs seeking an integrated live-work environment.

The underlying technology stack is conventional property management and community software: a member portal for booking and account management, key fob secured building access, virtual tour capability for remote leasing, Calendly for tour scheduling, and online apartment applications. No proprietary AI/ML systems, custom models, or differentiated technology assets are described. Customer-facing systems are provided under the Akara Living brand, suggesting shared platform infrastructure across the parent company's portfolio.

Kenect generates revenue through two primary streams: recurring monthly subscriptions from apartment rentals and coworking memberships (Float and Dock), supplemented by usage-based revenue from Pod memberships and DayPasses. Distribution is direct-to-consumer via the company website, social media presence across Facebook, Instagram, LinkedIn, and Spotify, and an onsite leasing office. Pricing is publicly disclosed for residential units but membership tier pricing is not transparently published. The business is privately held under Akara Living with no disclosed institutional investors, cap table, or funding history.

Name

Kenect

Website

https://kenectnashville.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Kenect is a Midtown Nashville residential and coworking community brand operated under Akara Living, offering modern apartments and flexible coworking memberships (Float, Dock, Pod, DayPass) to urban professionals, Vanderbilt students, and entrepreneurs in a single integrated live-work property.

Ownership category

akta.pro rank

Product category

Residential Real Estate and Coworking

NAICS

Rooming and Boarding Houses, Dormitories, and Workers' Camps (7213), Accommodation (721)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Amusement & Recreation Services (7900)

akta.pro industry

PRIMARYTHAMAGAC

Off-Campus Shared Student Houses (Room-by-Room)

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Student & Intern Short-Term Housing

Keywords

• Residential apartments
• Coworking memberships
• Flexible workspace
• Community living
• Live-work spaces

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rentals: Revenue from leasing modern apartments including studios, one-bedroom, and three-bedroom shared roommate units. Residents pay monthly rent for housing combined with community amenities and coworking access.
2. Coworking Memberships: Flexible coworking memberships including Float Membership (hot-desking), Dock Membership (reserved desk), Pod Membership (day access), and meeting room bookings. Generates recurring and usage-based revenue from professionals seeking flexible workspace.
3. Day Passes: Short-term access to coworking spaces, fitness center, and social areas for visitors needing temporary productive workspace. Single-day access option for non-members.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Kenect operates an integrated residential and coworking community in Midtown Nashville, offering modern studio, one-bedroom, and three-bedroom shared roommate apartments combined with flexible coworking memberships (Float, Dock, Pod) and DayPass access. Residents and members share premium amenities including a rooftop pool, fitness center, meeting rooms, and social spaces, creating a unified live-work-play environment near Vanderbilt University and Music Row.

Product overview

Kenect is a unified residential and coworking community product offered by Akara Living. The core offering combines modern apartment living (studio, one-bedroom, and three-bedroom shared roommate options) with flexible coworking memberships (Float, Dock, and Pod tiers) and day-pass access. Residents and members share access to amenities including a rooftop pool, fitness center, meeting rooms, and social spaces, creating an integrated live-work-play environment.

Differentiator

Problem solved

Functional benefit

Products and services

• Kenect Nashville Apartments A residential apartment community in Midtown Nashville offering modern studio, one-bedroom, and three-bedroom shared roommate apartments combined with coworking spaces and social amenities, located blocks from Vanderbilt University and Music Row. Residents share access to rooftop pool, fitness center, meeting rooms, and community spaces under a monthly subscription starting at $1475.
• Float Membership A flexible hot-desking coworking membership in common areas, offering dynamic and adaptable workspace options for professionals who need access to productive environments without a reserved desk.
• Dock Membership A reserved desk coworking membership in a communal workspace, providing a productive environment with all essential amenities for professionals who want a dedicated workspace.
• Pod Membership A pay-as-you-go coworking membership providing day access to shared spaces, including high-speed internet and amenities, ideal for short-term workspace needs.
• DayPass A single-day access pass to Kenect Nashville's coworking spaces, fitness center, and social areas for visitors who need a productive space on the go without a recurring commitment.
• Virtual Tours An online virtual tour product allowing prospective residents to remotely explore Kenect Nashville's apartments and amenities before scheduling an in-person visit.

Segments3 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

Scale indicators1 record

Recent moves1 record

Expansion highlights5 records

Broad incumbents

• WeWork: Largest flexible workspace operator historically, with residential extension via WeLive. Comparable on the coworking side of Kenect's offering; relevant as a benchmark for coworking membership economics even though WeWork does not directly compete on residential.
• Industrious: Premium flexible workspace provider offering coworking and office suites to professionals and enterprises. Comparable to Kenect's coworking tier (Float/Dock/Pod) on workspace product and target professional demographic.
• Sonder: Operator of serviced apartments and short-term stays with app-based booking across multiple cities. Comparable as a hybrid accommodation operator with tech-forward distribution, though Sonder focuses on shorter stays versus Kenect's monthly rentals.

Direct peers

• Common Living: National coliving operator offering shared and private apartments with community programming in multiple cities. Comparable to Kenect's shared-roommate apartment model with community-driven amenities, though Common operates at significantly greater scale.
• Lyric: Modern serviced apartment operator offering flexible stays with kitchen, laundry, and coworking amenities. Comparable to Kenect's integrated living + workspace model with similar monthly subscription pricing approach.
• Kasa: Tech-enabled apartment and short-term rental operator offering professionally managed units with self-service booking and flexible stays. Comparable to Kenect's apartment rental + day-pass hybrid model with digital-first distribution.
• Ollie: Coliving brand offering furnished shared apartments with community events and flexible leases in urban markets. Directly comparable to Kenect's three-bedroom shared roommate configuration and integrated community programming.
• Cove: Co-living operator offering shared apartments with private bedrooms and common amenity spaces. Comparable to Kenect's shared roommate configuration and community-oriented value proposition.
• June Homes: Flexible apartment rental platform offering furnished units with month-to-month leases in urban markets. Comparable to Kenect's modern furnished apartment offering with flexible terms, though June Homes focuses exclusively on housing without coworking.

Emerging players

• Convene: Workplace and event platform combining coworking, meeting rooms, and event venues for professionals. Comparable to Kenect's meeting room and coworking offering, particularly the premium amenity positioning aimed at professional users.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AkaraPartners
• LinkedInlinkedin.com/company/kenectcommunity
• Instagraminstagram.com/kenectnashville

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 Kenect