The Circle

What The Circle does

The Circle is a privately held, founder-operated premium coworking and flexible workspace provider based in Alexandria, Egypt. The company operates two physical locations: a headquarters on Syria Street in the Roushdy commercial district and a boutique branch inside a historic early-1900s English villa on Ali Zou El Fekar Street in Kafr Abdo. Its core offering converts traditional commercial-lease capital expenditure into predictable monthly operating expenditure through fully furnished, plug-and-play workspaces deployable within 24–48 hours, contrasting with the 2–3 month timelines of conventional office fit-outs.

The product portfolio spans Private Offices (2–15+ person enclosed teams at 25,000–45,000 EGP/month), Dedicated Desks (4,000–6,500 EGP/month), Shared Spaces/Hot Desks (day passes at 200 EGP, shift passes at 100 EGP), Meeting Rooms (hourly/daily with 4K presentation screens and wireless casting), Private Suites (custom-configured floors or wings for 20+ person corporate teams), fully managed Back Offices for international companies establishing operations in Egypt, and Virtual Office services providing registered business addresses with mail handling. Underlying infrastructure includes enterprise-grade fiber internet with redundant backups, biometric and keycard access control, soundproof phone booths, 24/7 secure building access, daily cleaning, and reception services.

The Circle monetizes through a mix of recurring subscriptions (memberships, virtual office, private offices), usage-based fees (day passes, meeting room rentals), and managed-services revenue sharing via a Property Partnership Program in which third-party property owners contribute space and receive guaranteed monthly income. The company serves four primary customer segments: remote teams and distributed companies seeking Alexandria-based infrastructure, scaling startups converting CapEx to OpEx, freelancers and solo professionals requiring dedicated workstations, and international corporations establishing back offices or engineering hubs to access Alexandria's engineering talent. Distribution combines self-serve online booking for SMBs, consultative inside and field sales for enterprise clients, and content marketing through an Insights blog targeting Alexandria-specific remote-work and real-estate search intent. As of available data, the company reports 600+ active clients, 20+ corporate customers, 15,000+ square meters of built workspace, and a 4.9-star rating across 97+ Google reviews.

Name

The Circle

Legal name

The Circle Coworking Space Alexandria

Website

https://circleworkspace.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

The Circle is a premium coworking and flexible workspace operator in Alexandria, Egypt, running two heritage locations in Kafr Abdo and Roushdy. It serves remote teams, startups, freelancers, and international corporations with fully managed private offices, dedicated desks, meeting rooms, back offices, and virtual office services on a subscription or usage-based model.

Ownership category

akta.pro rank

Product category

Flexible Workspace Services

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), General Rental Centers (5323), Business Service Centers (56143)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Services-To Dwellings & Other Buildings (7340)

akta.pro industry

PRIMARYTHAFADAJ

Coworking Cafes / Work Cafes

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Cafes & Coffee Shops

SECONDARYBPAJALAA

Office Tenant Representation

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Leasing Services (Tenant Representation)

SECONDARYHSACALAJ

Venue & Facility Reservations (Private Rooms, Event Spaces)

Home & Personal Services/Event & Personal Concierge Services/Ticketing & Reservations Services

Keywords

• Flexible workspace services
• Managed coworking spaces
• Private office rentals
• Virtual office services
• Meeting room rentals

Headquarters

HQ city

Alexandria

HQ country

Egypt

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Monthly Membership Subscriptions: Recurring monthly subscriptions for private offices, dedicated desks, and corporate suites. Members pay a flat monthly fee with zero upfront buildout costs, converting CapEx to OpEx. Private offices range 25,000-45,000 EGP/month for teams of 4-6; dedicated desks 4,000-6,500 EGP/month.
2. Pay-per-use Spaces: Day passes (200 EGP) and shift passes (100 EGP) for hot desking/shared spaces, and hourly meeting room bookings. Provides flexible access for occasional users and non-members.
3. Meeting Room Rentals: Hourly or daily rental of fully-equipped meeting rooms with presentation technology, reception services, and guest management. Bookable by both members and external guests.
4. Virtual Office Services: Premium registered business address in Kafr Abdo or Roushdy with mail handling, front-desk presence, and discounted meeting room access. Ideal for remote companies and freelancers needing Egyptian business presence.
5. Property Partnership Program: Revenue-sharing arrangements with property owners who provide space; The Circle handles fit-out, operations, and client management. Property owners receive guaranteed monthly income.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

The Circle operates premium managed coworking spaces and private offices across two Alexandria locations (Kafr Abdo and Roushdy), providing fully furnished workspaces with enterprise-grade infrastructure. The offering converts traditional capital-intensive office leasing into flexible monthly subscriptions, with products ranging from individual hot desks and dedicated workstations to private offices for teams of 2-15, corporate suites for 20+ person teams, fully managed back offices, bookable meeting rooms, and virtual office services with a registered business address.

Product overview

The Circle Workspace is a premium managed coworking and flexible office provider operating two Alexandria locations (Kafr Abdo and Roushdy). The product portfolio centers on flexible workspace solutions: Private Offices (fully furnished enclosed workspaces for teams of 2-15+), Dedicated Desks (permanent fixed monthly desks for individual freelancers), Shared Spaces/Hot Desks (flexible daily drop-in access), Meeting Rooms (hourly or daily bookable conference rooms with presentation technology), Private Suites (corporate floors/wings for teams of 20+), Back Offices (fully managed operational facilities for remote and outsourcing teams), and Virtual Office (prestigious registered business address with mail handling). The offering transforms traditional CapEx office costs into OpEx monthly subscriptions with zero fit-out investment and month-to-month flexibility, positioning as a plug-and-play alternative to traditional commercial leases.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Offices Fully furnished private offices for teams of 2-15+ people with 24/7 secure keycard access, high-speed fiber internet, ergonomic furniture, and natural light. Targeted at small teams, remote professionals, and companies establishing back offices in Alexandria.
• Dedicated Desks Fixed monthly desk memberships providing a permanent reserved workstation within a shared coworking environment, including lockable storage, 24/7 access, and the ability to leave monitors and equipment overnight. Designed for freelancers, solo founders, and specialized consultants.
• Shared Spaces (Hot Desks) Flexible daily or drop-in access to open coworking lounges and collaborative zones on a first-come, first-served basis with high-speed fiber internet, ergonomic seating, soundproof phone booths, and complimentary specialty coffee and tea. Ideal for freelancers, students, and occasional remote workers.
• Meeting Rooms Fully equipped bookable meeting rooms available by the hour or full day, featuring high-speed fiber internet, 4K presentation screens, wireless casting, whiteboards, and guest reception services. Available in sizes from 4-person small rooms to executive boardrooms for 20+ people, bookable by members and external guests.
• Private Suites Large corporate office suites designed for companies with teams of 20 or more employees, including dedicated floor or wing options, custom layout configurations, private lounge areas, and enterprise-grade IT infrastructure with dedicated fiber lines. Targeted at multinational corporations establishing extension offices or regional headquarters.
• Back Offices Fully managed back office solutions handling all infrastructure, IT, security, and daily operations for remote teams and operations departments. Includes enterprise-grade fiber internet with redundant backups, on-site technical support, customizable floor plans, and simplified global payment options. Designed for international companies building remote teams in Egypt.
• Virtual Office Premium registered business address in Kafr Abdo or Roushdy districts without requiring a physical desk. Includes professional mail and package handling with notification, front-desk reception services, discounted meeting room access, and business lounge access. Suitable for remote companies, freelancers, and international businesses establishing a credible Egyptian presence.

Quantifiable outcome

• Team deployment time reduced from 2-3 months (traditional lease) to 24-48 hours (The Circle managed workspace)
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• WeWork: Global coworking and flexible office leader offering private offices, dedicated desks, and meeting rooms across major markets. Comparable to The Circle as a direct competitor in the flexible-workspace category, though WeWork operates at much larger scale and is a multi-city incumbent rather than a single-city specialist.
• IWG (Regus, Spaces, HQ): World's largest flexible workspace operator with multiple brands (Regus, Spaces, HQ) covering serviced offices, coworking, and virtual offices. Comparable as a broad incumbent offering the same product mix (private offices, meeting rooms, virtual office) that The Circle provides in Alexandria.

Regional players

• KAO Coworking: Egypt-based coworking brand offering shared workspaces, private offices, and meeting rooms. Comparable as an Egyptian-market peer competing for similar freelance and startup customers in the same country.
• Workhive Egypt: Egyptian coworking and flexible office operator serving Cairo and select Egyptian cities. Comparable as a direct regional competitor in the Egyptian market offering private offices, dedicated desks, and meeting rooms to similar freelancer and SME segments.
• COFCO Coworking: Egyptian coworking operator providing flexible office solutions including dedicated desks and private offices. Comparable as a domestic competitor targeting the same freelancer and small-team segments in the Egyptian market.
• The Office (Middle East): Middle East flexible workspace provider offering serviced offices and coworking across regional markets. Comparable as a regional peer in product mix and target customer (corporate teams, entrepreneurs) though operating in different geographies than The Circle.

Emerging players

• Impact Hub: Global network of impact-focused coworking spaces with strong community programming and local entrepreneur ecosystems. Comparable to The Circle's community-led GTM motion and emphasis on professional networking within the workspace.

Direct peers

• Industrious: Premium flexible office and coworking operator serving enterprise clients with hospitality-driven service. Comparable in target segment (enterprise teams, professional services) and premium positioning to The Circle's private suites and back-office product.
• Convene: Premium flexible workspace and meeting/event venue operator combining coworking with hospitality-grade meeting rooms. Comparable to The Circle in emphasis on premium meeting room product and enterprise-grade presentation infrastructure.
• Servcorp: Premium provider of serviced offices, virtual offices, and meeting rooms across global financial hubs. Closely comparable to The Circle in product mix—especially virtual offices and premium private offices—and in targeting professional service firms and international companies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/circleworkspace
• Instagraminstagram.com/circleworkspace
• Facebookfacebook.com/thecircleworkspace

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 The Circle