Home Venture Capital OfficeRnD Secures Strategic Investment to Strengthen Its Position as a Global Hybrid Work Solutions Provider

OfficeRnD Secures Strategic Investment to Strengthen Its Position as a Global Hybrid Work Solutions Provider

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You only have a minute? Here are three key takeaways from the article:

  • Bulgarian proptech OfficeRnD secured undisclosed strategic investment from Blue Star Innovation Partners (BSIP)
  • Since 2015, the company has experienced significant growth, expanding its customer base to over a thousand businesses in 70 countries.
  • The new investment will help OfficeRnD grow faster and improve its products.

In the wake of the COVID-19 pandemic, flexible work arrangements have become a popular choice for employers and employees seeking a balance between remote work and in-person collaboration.

With this in mind, OfficeRnD has implemented flexible work models that promote efficient use of real estate and increase employee engagement. Their platform enables flexible workspace owners, operators and businesses to take a flexible approach, enabling the management of work environments and effective engagement with individuals.

Today, more than a thousand companies in 70 countries trust OfficeRnD’s Flex and Hybrid products, which combine the flexibility of remote work with the social and professional benefits of working in the office.

The company has its main management and development teams in Bulgaria and also operates from offices in London, Australia and the United States. In 2021, the company farm a $10 million funding round that enabled the desired market expansion to be achieved and also allowed Deloitte to list of the 50 fastest growing technology companies in the region.

Miroslav Miroslavov, CEO of OfficeRnD, highlighted the company’s commitment to meeting the needs of its customers, hence the new partnership with BSIP, which will help the Bulgarian company achieve its goals.

“This investment will advance our mission and allow us to continue transforming the coworking and hybrid work sectors,” said Miroslavov, a entrepreneur and part of the Telerik mafia, said in a report.

The partnership with Frisco-based investment firm BSIP is also a critical part of the company’s long-term strategy, and is expected to fuel its expansion plans and introduce new features.

“As a customer-focused organization, we are committed to our industry and the success of our customers. We knew that if we wanted to fulfill our mission even better and serve more businesses, we needed a partner with real experience in property management solutions,” added Miroslavov.

“We are grateful for the opportunity to partner with Miro and the rest of the OfficeRnD team as they continue to make property management more efficient, so flexible workplaces can focus on providing a highest quality experience to their tenants,” said Dan Wechsler, CEO of Blue Star Innovation Partners.

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