PeerSpace

PeerSpace
Type Private
Headquarters San Francisco, California, United States
Area served San Francisco, Los Angeles
Key people
  • Rony Chammas, CEO
  • Matt Bendett, Head of marketing and acquisition
  • Jeanine Johnson, CTO
Industry Social P2P marketplace
Services Productive space booking
Slogan(s) "Book creative places that inspire"
Website www.peerspace.com
Type of site Peer-to-peer marketplace
Registration Yes
Available in English
Launched February 25, 2014
Current status Active

PeerSpace is a peer-to-peer (P2P) marketplace that allows users to book creative commercial work-spaces such as studios, lofts, and other multipurpose spaces.[1][2][3] PeerSpace users range from individuals to large companies such as LinkedIn that seek creative or unique off-site spaces for production, events, or other purposes.[4] The users can rent spaces for short periods of time ranging from an hour to multiple days at a time.[4] Launched in February 2014, PeerSpace is privately owned company operating in San Francisco, California.[5] and Los Angeles, California.[6]

History

PeerSpace Off-Site Booking
PeerSpace Event Booking

PeerSpace was founded in 2014 by Rony Chammas and Matt Bendett.[2] Chammas has said that the idea for the company came to him while he was attending New York University trying to find places to meet up with various groups or clubs.[1] Chammas, chief executive officer, and Bendett, head of marketing and acquisitions, met while working together at Electronic Arts (EA).[7] Later, the company hired Jeanine Johnson as chief technology officer. Previously, Johnson had worked with companies such as Microsoft, Amazon, and Flextronics.[7]

Since launching in March 2014, PeerSpace has booked over 15,000 hours of unused productive space.[8] Companies such as LinkedIn, Instacart, and General Assembly have already used the app to book meetings and events in locations around San Francisco.[9] In September 2014, PeerSpace announced that it had raised $1.5 million in its first round of venture capital funding.[3][10] The funding round was led by Structure Capital and the funds will be used to expand the PeerSpace operations outside of San Francisco.[3][11] In 2015, PeerSpace opened an office in Los Angeles.[6]

An open office in San Francisco that was used as a private dinner venue on the PeerSpace marketplace.

Operations

PeerSpace operates a website and mobile app for iOS that allow businesses to rent out their location or office to other businesses or individuals.[7] Similar to Airbnb, a website that allows individuals to rent out their homes for lodging, PeerSpace assists users in renting "dark spaces," or unused space that others can use as a creative or unique work space.[8][12] The company provides a marketplace for locations that can be used for various purposes such as offices, culinary activities, fitness, studios, events, production, performances, and classes.[1][5]

Hosts can begin listing their available spaces by first describing the type of space, listing availability, and setting a price.[13] Guests browse the PeerSpace website or app for locations that fit their productivity needs and can message the host to book the space.[13]

Hosts can charge guests security deposits, but PeerSpace also encourages both parties to have insurance and service provided by the company is covered by a national insurance provider.[4][5] Host spaces listed on PeerSpace are zoned for commercial use and bookings are issued as licenses to use creative spaces for a wide range of purposes.[4]

References

  1. ↑ 1.0 1.1 1.2 Jeff Bercovici (25 February 2014). "Introducing PeerSpace, An Airbnb For Small Businesses". Forbes. Retrieved 24 October 2014.
  2. ↑ 2.0 2.1 "PeerSpace raises $1.5M in seed funding". FinSMEs. 17 September 2014. Retrieved 24 October 2014.
  3. ↑ 3.0 3.1 3.2 Zoran Basich (17 September 2014). "The Daily Startup: Lowe’s Lays Foundation for VC Fund, Backs Porch". Wall Street Journal. Retrieved 24 October 2014.
  4. ↑ 4.0 4.1 4.2 4.3 "Helping businesses get short-term access to commercial space". Fox News. 22 September 2014. Retrieved 24 October 2014.
  5. ↑ 5.0 5.1 5.2 Julie Balise (26 February 2014). "PeerSpace app aims to fill underutilized space". San Francisco Gate. Retrieved 24 October 2014.
  6. ↑ 6.0 6.1 Oscar Raymundo. "PeerSpace, the 'Airbnb for Business,' Comes to L.A.". Inc. Retrieved February 7, 2015.
  7. ↑ 7.0 7.1 7.2 Ryan Lawler (17 September 2014). "PeerSpace Raises $1.5 Million To Create An Airbnb For Creative Work And Meeting Spaces". TechCrunch. Retrieved 24 October 2014.
  8. ↑ 8.0 8.1 "ABOUT THE PEERSPACE MISSION". PeerSpace. Retrieved 24 October 2014.
  9. ↑ Seth Fitzgerald (17 September 2014). "PeerSpace Gets $1.5M In Funding". NextPowerUp. Retrieved 24 October 2014.
  10. ↑ Harrison Weber (17 September 2014). "PeerSpace raises $1.5M to build a marketplace for short-term workspaces". VentureBeat. Retrieved 24 October 2014.
  11. ↑ Lora Kolodny (17 September 2014). "PeerSpace Books $1.5M to Become Airbnb for Event Spaces". Dow Jones. Retrieved 24 October 2014.
  12. ↑ Kelly Spors (26 February 2014). "Need Office or Meeting Space? There's an App for That.". American Express. Retrieved 24 October 2014.
  13. ↑ 13.0 13.1 "Oakstop Featured in PeerSpace App". Oakstop. 20 June 2014. Retrieved 24 October 2014.