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OFIXU.com The "Airbnb for Offices" Launches Crowdfunding Round on Seedrs
OFIXU.com The "Airbnb for Offices" Launches Crowdfunding Round on Seedrs with a pre-money valuation of £1.8m
By: OFIXU LTD
Finding success working for other companies and people, including Wimdu - a rival of Airbnb, and for Facebook co-founder Eduardo Saverin, Dan Hinden Founder & CEO of OFIXU struck out on his own noticing a gap in the market in office space for flexible workers, he started OFIXU. Dan also advises companies such as Bain Capital on market preparation for their tech clients and is generally considered a specialist in online P2P marketplaces.
What exactly is OFIXU and how does it help people?
OFIXU is aiming to build the world's largest online platform for short term commercial rental – think of it as the "Airbnb for office spaces". OFIXU is creating an online marketplace allowing hosts of any surplus commercial space "private or otherwise" (desks, offices, floors or entire buildings) to list and rent out their space to those that need a place to work, there's no restriction on location either, OFIXU believes you should be able to work well, anywhere.
On the other hand, OFIXU is providing users who would usually work out of hotels and coffee shops (overcrowded, lack privacy) with an Airbnb type platform but for the working world. It provides all types of business users from any background the opportunity to work smarter, cheaper and quicker.
Approximately 25% of people now work remotely but have no access to office space. The problem is that there's a general lack of instantly available workspace so people resort to working from coffee shops or other public spaces which are non-conducive "work" environments. It takes too long to search for convenient and affordable work space, serviced and managed office spaces are expensive and there is a general lack of flexibility for short-term contracts. There's no minimum or maximum restrictions on the rental duration with OFIXU, you can host or rent space from 1 hour to 365 days!
OFIXU makes it more convenient for people to find any type of workspace for any type of work allowing them to save time and money whilst enabling businesses who have excess space to realise more income on their underused assets by renting them out. When you consider that OFIXU has already touched down in over 73 cities globally and is already reporting revenues in its maiden trading year, it's clear to see that the supply and demand trend is growing in this sector. "I'm surprised at how quickly we've actually grown, our guest and host adoption rate has surpassed my initial expectations"
This year we've seen an unprecedented rise in Co-working and companies reimagining the way we use office space. In 2011 Dan Hinden CEO & Founder of OFIXU.com first looked at the possibility of providing an Airbnb type platform to the working world, it was at such a time that Collaborative Consumption AKA Peer-to-peer renting was still a growing trend but hadn't yet reached the mass market like it has now since the emergence of Airbnb and Uber, back then people who wanted to rent offices were restricted to "fixed contract" serviced offices or traditional leases, fast forward to 2016 and what we're now seeing is trendsetting co-working environments explode on to the scene inspiring people to rent out their underused offices or desk spaces, similar to Airbnb members renting out underused vacation spaces, enter OFIXU.com.
OFIXU also announced this week that they have partnered with Zipcar to provide OFIXU hosts or guests with 1 Year Free memberships, an initiative that will enable the company to offer the travelling workforce affordable and easily accessible rental cars for their work or commuting needs.
Zipcar Spokesperson "We are delighted to announce that Zipcar and OFIXU have teamed up to give members a great offer on joining. Zipcar is the UK's largest pay as you go car club giving members access to wheels when they want them."
OFIXU successfully secured private backing in September 2015 and has now taken to the open market via the Seedrs platform (considered the UK's number 1 platform for crowdfunding)