SITIO

What SITIO does

SITIO (legal entity Olissipolis, Lda.) is a Portuguese operator of a multi-location network of coworking spaces, coliving residences, meeting/event venues, and integrated café/F&B outlets, headquartered in Lisbon and operating as part of the Grupo Himo real-estate group. The company runs 21 sites spanning Lisbon, Porto, Aveiro, Setúbal, and Guimarães, with a combined footprint of approximately 16,000 m², 1,300+ workstations, 70+ coliving beds, and over 1,500 daily users drawn from a base of 700+ individual members and roughly 200 commercial client companies. Its core technology is a proprietary network booking and management platform (network.sitio.pt) plus a branded mobile application (iOS/Android) that allows members to view and reserve spaces, access event listings, and consume member benefits across the entire network; the underlying booking engine is delivered through an Officernd integration (com.officernd.sitio).

The business model is primarily subscription-recurring: private offices, dedicated desks, hot desks, virtual offices, and coliving bedrooms are billed monthly, while meeting rooms, event spaces, and catering/F&B at Sitio Café locations generate usage-based and transactional revenue. A secondary revenue layer comes from the 'Coworkplace Management' offering, which lets SITIO operate third-party-owned square meters under its brand for an asset-light expansion model. Go-to-market is community-led, combining a digital presence (bilingual website, 'The Square' newsletter, social channels), on-site community managers at each location, and a partnership stack that includes Microsoft, Google, Portugal Fintech, Unicorn Factory Lisboa, and Startup Grind to drive referrals and ecosystem credibility. Pricing is quote-based rather than publicly disclosed. Recent strategic activity — including new openings in Aveiro, Setúbal, and Guimarães, a €5M expansion budget through 2025, and the Fintech House joint venture — points to active geographic and vertical expansion, though no revenue or financial figures are publicly disclosed.

Name

SITIO

Legal name

Olissipolis, Lda.

Website

https://sitio.pt

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

SITIO operates a Portuguese network of 21 coworking, coliving, and event spaces (16,000 m²) across Lisbon, Porto, Aveiro, Setúbal, and Guimarães, serving freelancers, startups, and companies of all sizes through subscription memberships, event rentals, and the Sitio Café F&B sub-brand.

Ownership category

akta.pro rank

Product category

Shared Workspace and Coliving Services

NAICS

Facilities Support Services (561210), Accommodation (721), Restaurants and Other Eating Places (72251)

SIC

Services-Facilities Support Management Services (8744), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Retail-Eating Places (5812)

akta.pro primary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

akta.pro secondary industries

Coworking Cafes / Work Cafes (THAFADAJ), Digital Nomad & Remote-Work Monthly Stays (THAMAFAI), Workation & Business-Ready Rentals (Remote-Work Equipped) (THAGANAJ)

Keywords

• Coworking spaces
• Coliving residences
• Shared workspaces
• Virtual office services
• Event space rentals

Headquarters

HQ city

Lisboa

HQ country

Portugal

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Workspace Memberships: SITIO generates revenue primarily through membership fees for access to shared workspaces, including private offices, dedicated desks, hot desks, and virtual office services. Members pay recurring fees for access to the network of spaces.
2. Living/Coliving Rentals: Revenue from coliving residences offering single or double bedrooms in city center locations with all-inclusive pricing.
3. Meeting and Event Space Rental: Revenue from renting meeting rooms, event spaces, and conference facilities to both members and non-members.
4. Catering and F&B Services: Sitio Café locations generate revenue through food and beverage sales, including take-away services and catering for corporate events.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

SITIO operates a network of 21 shared spaces across Lisbon, Porto, Aveiro, Setúbal, and Guimarães in Portugal, comprising 13 coworking workspaces and 8 coliving residences totaling over 16,000 m². The company sells workspace memberships (private offices, dedicated desks, hot desks, virtual offices), coliving residential rentals, meeting and event space bookings, and F&B services through Sitio Café locations. It also offers a coworkplace management service for property owners under the SITIO brand.

Product overview

SITIO is a comprehensive network of shared spaces operating as a platform-plus-modules architecture. The core offerings consist of Sitito Coworking (physical workspaces with private offices, dedicated desks, hot desks, and meeting rooms) and Sitio Living (coliving residential solutions with furnished bedrooms). These are supplemented by specialized spaces like Fintech House (fintech-focused coworking joint venture) and Sitio Café (gastronomic spaces). The platform includes digital modules such as the Sitio Network App for space booking and management, Virtual Office services for remote business needs, and Meeting Rooms & Event Spaces for corporate gatherings. The company also offers Coworkplace Management as a partnership service for property owners. All offerings are integrated through a network of 21 locations (13 working spaces and 8 residences) in Lisbon and Porto, with members gaining access to the entire ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Sitio Café: A gastronomic space offering healthy food, cocktails, and catering services for members and the general public.
• Fintech House

Products and services

• Sitio Coworking Shared workspace solutions offering private offices, dedicated desks, hot desks, and meeting rooms for freelancers, entrepreneurs, startups, and companies of all sizes across 13 locations in Lisbon and Porto.
• Sitio Living

Quantifiable outcome

• Access to 21 locations across Lisbon and Porto with single membership
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Portugal FintechcoreStrategic or Co-development PartnerJoint venture partnership for Fintech House location - a specialized coworking space for fintech, insuretech, rechtech, and cybersecurity companies. Portugal Fintech association provides community support, agenda, and focused network for member companies.
• MicrosoftminorGTM or Marketing PartnerTechnology partnership providing member benefits and perks for SITIO community members.
• GoogleminorGTM or Marketing PartnerTechnology partnership providing member benefits and perks for SITIO community members.
• AlticeminorGTM or Marketing PartnerTechnology/telecom partnership providing member benefits and perks for SITIO community members.
• AstraZenecaminorGTM or Marketing PartnerCorporate partnership providing member benefits and perks for SITIO community members.
• ISEG Executive EducationminorGTM or Marketing PartnerEducational institution partnership offering member benefits and potentially educational programs for SITIO community.
• Center for Responsible AIminorGTM or Marketing PartnerTechnology/research partnership in the AI space, providing member benefits and thought leadership opportunities.
• Unicorn Factory LisboacoreStrategic or Co-development PartnerStartup ecosystem partnership supporting entrepreneurship and innovation within the SITIO community.
• Startup GrindminorGTM or Marketing PartnerGlobal startup community partnership hosting events and connecting entrepreneurs within SITIO spaces.
• RestartminorGTM or Marketing PartnerEducation/technology partnership providing member benefits for SITIO community.
• Made Of LisboacoreStrategic or Co-development PartnerLisbon ecosystem partnership supporting local entrepreneurship and business development.
• AmorphominorChannel Partner/ Reseller/ DistributorPartner featured on SITIO partnerships page, nature of partnership includes store spaces or business support services.
• My CampminorChannel Partner/ Reseller/ DistributorOutdoor/adventure partnership providing complementary services to SITIO community members.
• Academia Barista (Nestlé)minorStrategic or Co-development PartnerPartnership for Sitio Café locations providing biological coffee and barista training, enhancing F&B service quality.

Scale indicators12 records

Recent moves10 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/sitio_pt
• Facebookfacebook.com/sitio.network
• LinkedInlinkedin.com/company/sitio-pt
• Instagraminstagram.com/sitio_pt

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 SITIO