Spaceflow: digitalising buildings

Spaceflow is one of those companies that illustrate very well how the digital transformation is spreading to so many aspects of our lives; even buildings. Yes, buildings. “Approach to tenants has had to evolve to keep them engaged,” explains Pavel Jiranek, COO of Spaceflow. How? “By providing a digital platform that can connect the space ecosystem with the tenant community, resulting in increased ROI.”

“Our mission is to connect buildings with their tenants” says Pavel, “As a result, Spaceflow helps you to increase asset value, unlock new revenue streams and become data-driven. Spaceflow is about digitalizing buildings. Initially, we provided our solution mainly to commercial buildings. Recently, however, the focus is shifting more to residential properties. The goal is to make buildings more appealing for tenants and to make their life more comfortable. At the same time, we make it possible for landlords to manage their buildings more easily. The app offers all sorts of services, ranging from booking meeting rooms or bikes, and redeeming perks, to opening doors and connecting third party services to the building.”

“Who will attract the best tenants? Landlords who build customer-tailored service and offer interactive amenities experience,” adds Pavel. Spaceflow wants to help landlords to attract and retain top tenants and raise profits by combining the tenant experience platform and community management.  

With the Covid-19 pandemic, the tenant experience market has witnessed a massive shift: “The landlords are under increasing pressure to make their buildings more appealing and above all, safe. Our product may have been a ‘nice to have’ in the past, but now, it is becoming a ‘must have’ if you want to remain competitive,” Pavel explains.

Spaceflow was backed by Day One Capital, a venture capital fund backed by the EIF under the EU’s Investment Plan for Europe, allowing the company to work on product development, hiring around 20 new staff members and growing the business significantly.

The company is now present in 17 markets with 100 launched buildings and branches in London, New York, Munich and Prague, disrupting the building experience globally and looking forward to further growth in the coming years.

Company: Spaceflow (Czech Republic)

Type of business: ICT

EIF financing: InnovFin Equity, EFSI

Financial intermediary: Day One Capital CEE, Credo Ventures, UP21

For further information about EIF intermediaries in Czech Republic, please refer to: http://www.eif.org/what_we_do/where/cz