HOTDESK

HOTDESK

HOTDESK is a collaborative consumption platform connecting businesses with surplus office space to entrepreneurs and creatives seeking affordable and professional workspaces across major cities in the Asia-Pacific region.

The platform promotes collaboration and innovation by bringing together individuals from diverse industries under one roof, allowing for interaction and exchange of different perspectives. It enables host businesses to improve their working capital and allows (sub)tenant businesses to operate from a professional environment without committing to expensive long-term leases.

The shared economy philosophy is central to HOTDESK's operations, with the team citing the success of platforms like Airbnb and GoGet in revolutionizing travel and vehicle access. With the rise of activity-based working and the surplus of commercial space in Sydney and Melbourne, there is a growing interest in office sharing as a form of collaborative consumption.

Notably, major organizations such as KPMG, CBRE, and Macquarie are leading the shift towards activity-based working, emphasizing a more open and collaborative environment. In Australia, the startup co-working ecosystem has experienced a significant 555% increase over the past two years.

HOTDESK provides businesses with the opportunity to explore co-working and activity-based working models without long-term commitments, thus enabling them to free up working capital for further investment.

HOTDESK was founded in 2013 and is headquartered in Australia. The last recorded investment was a funding round on 25 September 2013, in which Linda Huddy participated as the investor.