Psquared

psquared.es ↗ ·Barcelona ·Seed

Psquared is a Barcelona-based proptech that acquires or leases underused buildings and turns them into flexible, custom-designed offices for fast-growing companies. It runs the whole process, from finding the property through design and fit-out to day-to-day operations. Clients pay for the service without any capital outlay, with access control, meeting-room booking, catering and events included. Its clients have included Heura, SumUp, Contentsquare, Trioteca, WIRIS, Lateral Thinking and Opera, across spaces such as Villa Roselló, Miró and El Telar in Barcelona, and it has also moved into residential through the Joum.es project with Grupo Nómada. Founded in 2019 by Argentine entrepreneurs Nicolás Manrique and Nicolás Araujo Müller, the company raised €2M in April 2021 led by Inn Capital with an Argentine family office and business angels, a €40M capital increase in July 2021 led by family offices from the United States and Latin America, and a further €1.6M in September 2022.

Founded
2019
Founders
2
Total funds raised
€43.6M
Rounds
3
Investors
5
Last round
Sep 2022
SectorsProptech, Flexible workspace, Real estate Start-up MapProptech & Construction › Flexible & shared space

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Founders

Nicolás Araujo Müller
Co-Founder
Nicolás Manrique
Co-Founder & CEO

Global models 5

WeWork
United States · www.wework.com ↗
Leases buildings and turns them into fitted-out, fully serviced flexible offices, rented to companies with no capital outlay on their side.
$22BComparable
Ucommune
Leases and converts buildings into managed flexible offices with services for growing companies, a model close to WeWork's.
$700MComparable
Knotel
United States
Took on whole buildings and floors and delivered custom-designed, fully managed headquarters for fast-growing companies on flexible terms, the closest match to Psquared's model.
$560MComparable
Industrious
Runs premium flexible offices, mostly under management deals with landlords, including private custom suites with services and hospitality included.
$420MComparable
Convene
United States · convene.com ↗
Converts underused office space into hospitality-led flexible workplaces and meeting venues, run for companies and landlords, with catering and events included.
$280MComparable

In the same niche 6 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 5

Inn Capital
Led Seed 2021 HQ unknown
We Are Grit
Led Seed 2022 Spain
Group of US and LATAM family offices
Round 2021 United States
Josep Navajo
Seed 2022 Spain
Manuel Mates
Seed 2022 Spain Private investor

Funding rounds 3

DateRoundAmountLead

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