SpacesShared
SpacesShared (legally ROOMEAZE ACCOMMODATION INC.) is a Toronto-based intergenerational homesharing platform that matches Canadian post-secondary students seeking affordable housing with older adult hosts who have spare bedrooms. The platform operates via partnerships with over 20 Canadian colleges and universities, monetizing through host-side transaction and management fees.
- Company typePrivate
- Founded2023
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
SpacesShared firmographics
Firmographics- Name
- SpacesShared
- Legal name
- ROOMEAZE ACCOMMODATION INC.
- Website
- https://spacesshared.ca
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SpacesShared (legally ROOMEAZE ACCOMMODATION INC.) is a Toronto-based intergenerational homesharing platform that matches Canadian post-secondary students seeking affordable housing with older adult hosts who have spare bedrooms. The platform operates via partnerships with over 20 Canadian colleges and universities, monetizing through host-side transaction and management fees.
- Ownership category
- akta.pro rank
SpacesShared industry classification
Industry- Product category
- Student Homesharing Platform
- NAICS
- Rental and Leasing Services (532)
- SIC
- Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Homestays for Students & Interns (Host Families) (THAMAGAH)
- akta.pro secondary industries
- Student Housing Marketplaces & Booking Platforms (THAMAGAJ), Off-Campus Shared Student Houses (Room-by-Room) (THAMAGAC), Owner-Occupied Private Rooms (Homestays) (THAMABAA)
Keywords
Where SpacesShared is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
SpacesShared business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Platform Commission (Host Administration Fee): SpacesShared charges hosts a 6.25% + HST administration fee on the monthly rent paid by guests. This is deducted from the monthly amount paid by the Guest before the remainder is deposited to the host's account.
- Match Onboarding Fee: One-time fee of $50 + HST charged to hosts when a guest moves in, covering the cost of setting up the homesharing agreement including background check for host and ID verification for guest.
- Monthly Host Management Fee: Monthly fee of $25 + HST charged to hosts for ongoing platform management and support services.
- Rental Payments (Guests): Students pay monthly rent ranging from $500-$850 to hosts through the platform. No additional fees are charged to guests beyond their agreed rent amount.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Average rental rate for students |
| Transaction based/ take rate | Monthly | Host administration fee |
| One time/ perpetual license | Pay-as-you-go | Match Onboarding Fee for hosts |
| Subscription | Monthly | Monthly Host Management Fee |
| Transaction based/ take rate | Monthly | Helper's Discount for students |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
SpacesShared product offering
Product offeringCore offering
SpacesShared operates an intergenerational homesharing platform that matches post-secondary students seeking safe, affordable housing with older adult hosts who have spare bedrooms. The all-in-one system manages identity/background verification, AI-based matching, in-app messaging and video calling, electronic Homeshare Agreements, monthly rent collection via Interac E-Transfer, and ongoing human-supported check-ins for both hosts and guests across Canada.
Product overview
SpacesShared is a unified intergenerational homesharing platform that connects students seeking affordable housing with older adult hosts who have spare bedrooms. The platform operates as a single integrated system encompassing: Host and Guest account management, listing creation with photo uploads, an AI-based matching algorithm, in-app messaging and video calling for communication, electronic Homeshare Agreement signing, and payment processing via Interac E-Transfer. Additional features include identity/background verification through Certn, the Helper's Discount program for rent reduction, and ongoing Customer Success support with scheduled check-ins. The platform is designed for the Canadian market, serving students from post-secondary institutions and hosts across the country.
Differentiator
Problem solved
Functional benefit
Products and services
- SpacesShared Homesharing Platform All-in-one intergenerational homesharing platform that matches post-secondary students seeking affordable housing with older adult hosts who have spare bedrooms, managing the full lifecycle from verification and matching to agreements and rent collection.
- Background Verification Service (Certn Integration) Mandatory enhanced criminal background check, identity verification, address verification, and student enrollment verification for every participant, powered by integration with Certn.
- Monthly Rent Payment Processing End-to-end rent collection and payout service that bills guests via Interac E-Transfer (or PayPal), deducts host administration and management fees, and deposits the balance to hosts three business days after the first of each month.
- Helper's Discount Rent Reduction Program Structured rent-reduction offering in which students assist hosts with approved household tasks (e.g., housekeeping, gardening, companionship) in exchange for up to a 25% rent discount.
- Customer Success Support and Scheduled Check-ins White-glove human support service providing ongoing check-ins, conflict resolution, and social worker assistance to hosts and guests throughout the homesharing arrangement.
Quantifiable outcome
- Students pay $500-$850/month vs average Ontario apartment rent of $2,382/month
- +3 more outcomes
Companies that use SpacesShared
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
SpacesShared technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
Feature5 records
SpacesShared partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- Lakehead UniversitycoreLakehead University partnered with SpacesShared alongside Georgian College to expand homesharing to Orillia, helping students find affordable housing while fostering intergenerational engagement.
- Bow Valley CollegecoreFirst post-secondary institution in Alberta to partner with SpacesShared. Bow Valley College lacks traditional dorm housing, making homesharing particularly valuable for their students.
- Algonquin CollegecorePartnership to help solve affordable student housing challenges across Algonquin's Ottawa, Perth, and Pembroke campuses through intergenerational homesharing.
- University of New BrunswickcorePartnership to provide safe, affordable housing options for UNB students in Fredericton and Saint John through verified local hosts.
- Northlands CollegecoreMOU signed to provide intergenerational homesharing for learners in Northern Saskatchewan, addressing housing challenges in remote communities.
- University of TorontocoreU of T Housing Services partnered with SpacesShared to expand affordable housing options for students near all three campuses. Students may reduce rent through helper's discount.
- International Business University (IBU)coreIBU partnered to provide safe, affordable housing for its students through intergenerational homesharing with verified older adult hosts in Toronto.
- Niagara College TorontocorePartnership to offer students safe, affordable homesharing options through SpacesShared's matching platform.
- Fleming CollegecoreFleming College partnered with SpacesShared for Toronto and Peterborough campuses to address student housing needs while fostering community engagement.
- Trent UniversitycoreTrent University partnered to create housing opportunities for students and homeowners in Peterborough, aligned with commitment to aging studies and community support.
- Age-friendly PeterboroughminorCommunity organization partnering to encourage older adults to sign up as hosts and advocate for intergenerational connection in Peterborough.
- Mohawk CollegecoreMohawk College partnered with SpacesShared to offer homesharing options for students with verified older adult hosts in the Hamilton area.
- Newfoundland and Labrador Postsecondary Schools ConsortiumcoreUnprecedented agreement extending intergenerational homesharing coast to coast to coast, covering all post-secondary institutions in Newfoundland and Labrador.
- guard.meminorInsurance partner collaborating to address Canadian housing crisis for students with safe, verified intergenerational homesharing.
- Georgian CollegecoreFirst post-secondary partner to launch SpacesShared homesharing platform. Georgian College promoted the service to students and helped recruit local hosts in Barrie. The partnership expanded to Owen Sound and Orillia campuses.
- CertncoreThird-party provider for criminal background checks on hosts and guests. Certn conducts enhanced background checks as part of the SpacesShared verification process.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
SpacesShared competitors and assessment
Company assessmentBroad incumbents
- Student.com: Global student accommodation marketplace operating across multiple countries and property types; a broad incumbent that overlaps with SpacesShared's student housing category but focuses on purpose-built/managed rentals.
- PadMapper: Long-standing apartment and roommate-finding aggregator covering Canadian and US cities; broad incumbent that substitutes for SpacesShared's search/match experience though without its intergenerational or verification framing.
Direct peers
- Homestay.com: Global homestay marketplace primarily for international students and language learners to live with host families. Most direct comparable to SpacesShared's student-host matching model with verification and payment processing.
- Silvernest: US-based homesharing platform matching older homeowning adults with compatible housemates (often students or younger renters); the closest analog to SpacesShared's older-host and intergenerational positioning.
- Places4Students: Canadian student housing marketplace connecting students with off-campus rental listings near colleges and universities; comparable because it serves the same institutional-student housing discovery channel in Canada.
- Nesterly: Intergenerational homesharing platform pairing older homeowners with students in exchange for rent credit or companionship. Mirrors SpacesShared's value proposition and dual-sided 'housing + companionship' design.
Emerging players
- AmberStudent: Digital-first student housing booking platform for international and domestic students; comparable as an emerging marketplace but serves purpose-built beds rather than home-share arrangements.
- University Living: Global student housing marketplace aggregating purpose-built student accommodation; comparable student-housing transaction category though it does not offer intergenerational homesharing.
- Roomies.ca: Canadian roommate-finding and shared-housing listings platform; comparable as a domestic roommate/housing matchmaker but with general rather than intergenerational or institutionally-blessed positioning.
Regional players
- Casa-1 Student Living: Canadian student housing provider/listing platform focused on off-campus apartments; regional peer addressing the same Canadian student housing demand that SpacesShared targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SpacesShared social profiles
Digital presenceSpacesShared financial estimates
Financial estimateRevenue estimate
Valuation estimate
SpacesShared leadership team
Management profileNumber of profiles
Profiles9 records
SpacesShared funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SpacesShared M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SpacesShared
What does SpacesShared do?
SpacesShared operates an intergenerational homesharing platform that matches post-secondary students seeking safe, affordable housing with older adult hosts who have spare bedrooms. The all-in-one system manages identity/background verification, AI-based matching, in-app messaging and video calling, electronic Homeshare Agreements, monthly rent collection via Interac E-Transfer, and ongoing human-supported check-ins for both hosts and guests across Canada.
Is SpacesShared a public or private company?
SpacesShared is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SpacesShared founded?
SpacesShared was founded in 2023. It employs 1 to 10 people.
Where is SpacesShared based?
SpacesShared is headquartered in Toronto, Canada, in the North America region.
How does SpacesShared make money?
Four revenue lines are on record. Platform Commission (Host Administration Fee) is the primary driver. The others are match Onboarding Fee, monthly Host Management Fee and rental Payments (Guests).
Who are SpacesShared's main competitors?
Broad incumbents on record are Student.com and PadMapper. Direct peers are Homestay.com, Silvernest, Places4Students and Nesterly. Emerging players are AmberStudent, University Living and Roomies.ca. Casa-1 Student Living is listed as a regional player.
Does SpacesShared have an API?
No public API is recorded for SpacesShared.
What industry is SpacesShared in?
SpacesShared's product category is Student Homesharing Platform. Its primary akta.pro industry code is THAMAGAH, Homestays for Students & Interns (Host Families), with a secondary code of THAMAGAJ, Student Housing Marketplaces & Booking Platforms. Its NAICS code is 532 and its SIC code is 7000.