CLOSED
GET A PIECE OF ZENSPACE
Smart Workspaces for the remote workers. Anytime. Any place.
$287,979.75 Raised
REASONS TO INVEST
TEAM
Mayank Agrawal • CEO
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Ted Simon • Chief Revenue Officer
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Rohit Gupta • VP of Software Engineering
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"ZenSpace revolutionizes the flexible workspace industry by forging a highly scalable model that decentralizes workspaces by partnering with large real estate operators across different asset classes including retail, airports, coffee shops, hotels and more."
The Problem
With the rise of remote work, it’s more difficult than ever to find an ideal working environment
Source 1, Source 2, Source 3, Source 4
Problem 1 - Employers desperately need remote work amenities:
We believe the rise of remote work has broken the traditional office model leaving employers and remote workers demanding flexible, low-cost workspaces outside of home or office. Current options cannot fulfill the growing needs of remote-workers and have fundamentally broken unit economics.”
Remote Work on the Rise: From saving over an hour in daily commute time to having more flexibility and time with family - many remote workers are not eager to return to the office. In fact, the BBC conducted their Future Forum research and found that only 12% want to return to full-time office work, and 72% want a hybrid remote-office model moving forward1. As we’ve seen from the pandemic, working from home is not ideal for many people, who are seeking quiet, private, fully-equipped spaces. However, the current remote-work options for consumers are limited by high price points, lack of flexibility, and more. Moreover, the business models behind them have limited scalability.
Employers Looking to Downsize: Meanwhile, employers who traditionally sign 2, 5, or 10-year leases are stuck paying expensive rent even while their offices remained largely empty throughout the pandemic. The pandemic has substantiated the theory that employees can be just as productive if not more when working remotely and that employers can save an average of $11,000 per year by letting employees telework (source 1,2). This has employers looking for flexible office solutions that meet their changing needs and meet their employees' demands for flexible, safe, remote workspaces.
Problem 2 - Commercial real estate providers are losing money with fast-increasing underutilized spaces
Today’s commercial real estate providers are seeing an exodus of retailers and are urgently looking to reinvent their underutilized spaces, generate revenue, and attract new visitors to the mall
Store Closings: Even before the pandemic dealt a heavy blow to the US economy, brick, and mortar retail stores were already suffering from consumers switching to online shopping. In the last 20 years, e-commerce retail sales have gone up more than 22x, according to the U.S. Census Bureau which has led to mass store closings.2 In turn, real estate providers are left with major vacancies and are desperately searching for innovative retail tenants who redefine the ‘shopping mall experience’ and introduce ‘hybrid models' for living, working, shopping, and more.
The Solution
Zenspace creates a mutually beneficial model:
We partner with the world’s top real estate to offer on-demand workplaces for remote workers and revitalize retail properties.
For Remote Workers & Employers: On demand workspace. Anytime, anyplace.
Benefits for remote workers & employers:
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Fast-growing network: One of the fastest-growing networks of on-demand, shared workspaces in central locations near you
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Convenient online booking: Book by the hour or day through the ZenSpace mobile app, website or in-person kiosks.
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Affordable plans: Remote worker and employer pre-paid starting as low as $200 dollars
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Everything you need: State of the art, fully-equipped workspaces with High-Speed WIFI, power/USB ports, video conferencing, and wireless screen sharing.
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Flexible options: A growing variety of workspace amenities - pods, lounges, and private conference rooms - in an engaging social environment with diverse restaurant, shopping, and entertainment options.
Benefits For Real Estate Providers:
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Optimize Space: Transform underutilized space into revenue-generating remote-work amenities that can be booked by the hour or day
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Generate Revenue: Generate a new, high-margin revenue stream that has the potential to scale over time
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Attract Customers: Tap into the rising market of remote workers and create a new customer base. Delight guests with safe and productive workspaces to host meetings, get work done, and make phone calls
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Manage Remotely: Oversee and manage bookings remotely on our convenient online dashboard
*While ZenSpace has deployed a fully-functioning app, we are still in the beta-testing and development of certain features. For this reason, some of our application screenshots are mockups generated for illustration purposes only.
The Market
Flexible Real Estate is expected to grow by over 17%
Remote work:
Facebook, Apple, Google, and Twitter have indicated that work-from-home is here to stay.3
74% of companies expect employees to continue working remotely after the pandemic, which has employees demanding safe and productive workspaces.4
The global market value of flexible workspaces is $26 billion and this number is only expected to rise, with a global average annual growth rate of 15%.4, 4.1
The number of coworking facilities will reach 36,000 by 2025, from 18,000 in 2019. Of these 32,000 about half are coworking spaces, the rest are other types of flexible workspace solutions.4, 4.1
The top three largest global players (IWG, WeWork, Servcorp) represent only 18% of the total flexible workspace market.4
Real Estate Market:
In the United States, vacancy rates across the retail sector hit an average of 20 percent in the second quarter of 2020.
Physical retail locations, such as shopping malls and free-standing stores, suffered a particularly heavy blow from the COVID-19 pandemic.6
Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years.
According to data pulled by Moody’s Analytics REIS, an apartment development in the U.S. is expected to be down 15.6% in the post-Covid-19 world. Office development is set to drop 10%, it said, while retail falls 15.7%.
(7)
Retail vacancy rates in the United States from 2nd quarter 2019 to 2nd quarter 2020
Our Traction
Partnerships with Vegas Convention Centers and spaces in LA, SF, & NYC
In the last 90 days ZenSpace has:
Contracts: Opened 4 new locations, and have signed 6 new contracts with top real estate providers including Westfield, Brookfield, Simon Group, JLL, and Hyatt hotels for upcoming locations. Launched alpha site in partnership with Westfield in San Jose and began monetizing immediately due to high demand.
Optimization: Reduced CapEx by 50% through re-engineered proprietary SmartPod and supply chain.
Technology: Full software backend and front-end built and deployed with new IOT and data platform
Partnerships: Secured partnerships with Unibail-Rodamco-Westfield, JLL, Brookfield Properties, representing the US /Europe’s largest real estate operators and 1000s of Class A retail and commercial properties.
Revenue: To date, our lifetime revenue stands at $470k.
What We Do
Provide remote workers and real-estate providers with revenue-generating remote-work amenities
Low CAPEX Infrastructure: We partner and profit-share with real-estate providers to transform underutilized spaces into fast, flexible workspaces that generate a revenue with tech-enabled automated reservations and secure entry.
Technology: We provide a data platform for real estate providers to list, manage and operate spaces remotely while offering remote workers a mobile application to rent spaces by the hour or day, anytime and anyplace.
*While ZenSpace has deployed a fully-functioning app, we are still in the beta-testing and development of certain features. For this reason, some of our application screenshots are mockups generated for illustration purposes only.
2. Customer Acquisition: We sell pre-paid subscription plans at an average cost of $5 per seat per hour for remote-workers, while offering employers up to an additional 40% off when buying in bulk. We are hyper geo-targeted marketing campaigns in the areas surrounding our ZenSpace locations with a combination of high-touch lead generation for enterprises, and social media ads for remote workers.
More information here: www.Zenspace.io/remoteworkers
The Business Model
We believe that ZenSpace has a “Blue Ocean” strategy that combines low-overhead with an extremely novel business model which will allow us to gain market share and increase the total size of the pie.
An asset-light and efficient model that flips the economics of coworking:
Low Capex: Profit-sharing allows us to tap into Class A retail space at no fixed cost to Zenspace. Proprietary pods result in an 80%+ reduction in CapEx to open a Zenspace compared to traditional co-working ($33/ sq ft for Zenspace vs. ~$200/ sq ft. for coworking).1
Low Opex: $20K annual Opex with 60%+ gross margins at scale due to fully automated spaces, removing the need for staffing.
Strong Projected Financials: $70K upfront investment and $20K annual Opex may yield a projected $1Mn in 5 years consolidated revenue with over $250K returned to the real estate partner and $500k+ cash flow positive.
Fast Scalability: Our real-estate partners allow us to scale quickly as they have 5+ properties within a market resulting in instant density.
Customer Acquisition: Highly efficient customer acquisition due to organic retail footfall and bottom-up network effects within businesses. We sell prepaid subscription plans at an average cost of $5 per seat per hour to remote workers with an additional 40% off for employers when buying in bulk.
How We Are Different
Decentralized Franchise: ZenSpace empowers any real estate owner to open their own remote work amenity, at a fraction of the traditional cost. Much like how car-sharing created a tectonic shift within the transport industry.
Low CAPEX & Highly-Scalable Supply: We offer revenue-generating solutions to real estate partners allowing us to tap into Class A retail space and scale supply extremely quickly and at low cost.
Use of 3rd Spaces: We offer remote work amenities exclusively in 3rd spaces - mixed-use spaces in between the home and office, such as malls, airports, and more.
Built For Flexible, Distributed workforce: WeWork, Industrious, and IWG are pivoting from flexible models to provide long-term outsourced offices to improve profitability. We do the very opposite.
Unique, Inexpensive Product: We offer employers and remote workers unique, flexible, and customized remote work solutions and packages to fit every customer need.
*Comparison data computed based on user experience.
Our Team
We are an award-winning, ambitious team with a proven track record for delivering results.
Expansion: We plan to expand over 40 cities across the US in the next 3 years - with each city which is poised to represent a $20 million dollar market or $1 Billion market across the US with similar growth potential in the UK. Our goal is to expand to over 120 cities globally by the end of 2024.
Lean Business Model: Through our novel real-estate partnership program we maintain a low CAPEX, low OPEX and a lean business model with very little risk
Make Way for The Sharing Economy of Workspaces: We envision our brand revolutionizing the future of work, becoming the premier source for a flexible, on-demand, remote workspaces in ‘third-spaces’
Our Go-To-Market Strategy
*This timeline refers only to the company's current plans, actual results not guaranteed
Founder & CEO Mayank Agrawal, a technologist, and experienced sales and engineering professional, is joined by VP of Sales and Business Development Ted Simon, marketing guru, and Kellogg MBA, as well as Strategic Advisor, Jim Young, the CEO of Realcomm.
Why Invest
Optimize the marketplace between remote workers and real estate owners
We Believe The Time is Now: Invest in the growing market of remote workers and be at the leading edge of innovative remote work amenities.
Solve Market Need: Solve a two-fold consumer problem, match remote workers to workspace amenities in otherwise underutilized real estate. A win-win.
Revolutionize Remote Work: Join the work-from-anywhere movement and make a mark on the industry. Take part in the potential tectonic shift in the future of work, similar to how ride-sharing transformed the transportation industry or home-sharing disrupted the hotel industry.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
ABOUT
HEADQUARTERS
3103 Lismore Ct.
San Jose, CA 95135
WEBSITE
View Site
TERMS
ZenSpace
Overview
PRICE PER SHARE
$0.75
DEADLINE
Oct. 1, 2021 at 6:59 AM UTC
VALUATION
$12.48M
FUNDING GOAL
$10K - $535K
Breakdown
MIN INVESTMENT
$499.50
MAX INVESTMENT
$106,999.50
MIN NUMBER OF SHARES OFFERED
13,333
MAX NUMBER OF SHARES OFFERED
713,333
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
COVID Relief
This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).
Expedited closing sooner than 21 days
In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and August 31, 2020, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).
Voting Rights of Securities sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
Time-Based Perks:
Friends and Family Early Birds
Invest within the first 72 hours and receive an additional 15% bonus shares
Super Early Bird Bonus
Invest within the first week and receive an additional 10% bonus shares
Early Bird Bonus
Invest within the first 2 weeks and receive an additional 5% bonus shares
Amount-Based Perks:
$500+ |Traveler
$100 ZenSpace gift card which will be valid for 1 month from the first redemption date. Valid at any ZenSpace location
$1,000+ | Nomad
$250 ZenSpace gift card which will be valid from 3 month from the first redemption date. Valid at any ZenSpace location
$2,500+ | Wanderer
$500 ZenSpace gift card which will be valid for 12 months from the first redemption date. & receive 10% bonus shares.
$5,000+ | Zen
$1000 ZenSpace gift card which will be valid from 12 month from the first redemption date. Valid at any ZenSpace location. PLUS receive 15% bonus shares.
$10,000+ | Zen + Team Access
$2500 ZenSpace gift card which will be valid from 12 months from the first redemption date. Valid at any ZenSpace location. Also invitation for a 2 hour strategy workshop with ZenSpace CEO to discuss the business plan, current status of business.
*All perks occur when the offering is completed.
The 10% Bonus for StartEngine Shareholders
Zenspace, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $0.75/ share, you will receive and own 110 shares for $75. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
PRESS
ALL UPDATES
09.30.21
🚀ONLY 1 DAY LEFT TO INVEST: Big News - Check out our brand new location in San Francisco!
Dear ZenSpace Family,
Our campaign is almost to a close - just in time for some more big news!
Check out our newest San Francisco location in at Stonestown Galleria! The 3500sq ft Zenspace is centrally located within the shopping center and offers a beautiful, expansive, and well-lit open workspace atmosphere.
An Urban Hub in the Heart of San Francisco: Stonestown Galleria is undergoing a redevelopment and will be anchored by Regal Cinemas, Whole Foods Market, Sports Basement, Trader Joe’s, and an expanded Target when it opens in 2021. Conveniently situated on 19th Avenue at Winston Drive, the center sees more than 83,300 vehicles daily and accesses seven municipal transit lines traveled by more than 1.1 million commuters per month. A shopping destination for locals and visitors alike, Stonestown Galleria is adjacent to San Francisco State University and its 30,000 students and 3,800 faculty and staff.
This is one of many upcoming locations for ZenSpace. Stay tuned and invest today before it's too late to join the remote work revolution!
-ZenSpace team
09.27.21
📍IMPORTANT: A letter from our founder and CEO, Mayank Agrawal & a big THANK YOU from the ZenSpace team 💌
Dear ZenSpace followers,
As our campaign comes to a close, I want to extend my most sincere thank you for your support.
The pandemic was hard on ZenSpace, as it was for many of us. For us, it meant a shutdown of our business in events and travel industry. We entered the year without knowing how we would emerge, and the year was nothing short of surprising.
Despite its many challenges, the pandemic also brought new avenues for growth. Social distancing paved the way for ubiquitous remote work policies and “work from anywhere” became a household term. As retail vacancies hit an all time high, commercial spaces on every corner became eager to revitalize their properties with innovative and hybrid offerings like ZenSpace.
I started ZenSpace with a simple mission: to empower business travelers and remote workers to book smart workspaces, with the click of a button. Anytime, Anyplace.
And guess what? We have not only executed on our vision, but we have done so much more. Which is why, in only 9 months, ZenSpace has secured partnerships with the world’s top real estate providers including Westfield, Brookfield, Simon Group, JLL and Hyatt hotels. These partnerships have secured our proof of concept, as well as refined our revenue-sharing model which is now our super power.
Profit sharing has allowed us to keep our costs low - no mortgages and low CAPEX - and scale at speed - a single real-estate partnership can enable 100+ ZenSpace locations at once. This puts us at an unprecedented advantage when compared to our competitors, who invest millions in time, energy and resources when opening a single location.
We are proud of how far we have come and more importantly of the community we have built. We would not have gotten this far without you. Thank you.
In the last days of our campaign, we urge you invest before its too late and to share ZenSpace with friends, family, and anyone who may be interested in joining our family. We will continue to skyrocket and reach new heights but no matter how far we grow, we will not forget how we got there. Keep your eyes peeled for exciting updates from us in your inbox for the months to come.
Sincerely,
Mayank
CEO and Founder of ZenSpace
09.23.21
📅 LAST WEEK TO INVEST. And guess what, our new website is live!!!
Dear ZenSpace followers,
We are so excited to show you our NEW WEBSITE - we know you're going to love it!
We took feedback from you - our followers, investors, users - and simplified our website. The final product is gorgeous. We will be testing it for the week to come. Take a look and let us know what you think!
Also, don't forget to INVEST TODAY. You'll be happy you did.
-The ZenSpace team
09.22.21
📅 ONLY ONE WEEK LEFT. Guess Who Endorses ZenSpace - Live Panel Discussion. THIS is why you should invest!
Dear ZenSpace Followers,
We know that ZenSpace is the future of work. But don't take it from us - take it from the nation's top leaders and executives who back ZenSpace:
Greg Holmes, former head of sales at Zoom
Shireen Enayati, VP of Leasing Unibail-Rodamco-Westfield
Jim Young, CEO of Realcomm
Last week we held a panel discussion on the future of work, bringing together executive experts on the topic "Can retail centers become the next corporate campus?" 🎤🧑💻
And what they have to say about ZenSpace may surprise you. Take a look for yourself:
If the 60 years of combined experience, leadership and research doesn't convince you, then we don't know what will.
There has never been a better time to invest, before our campaign closes next week. Invest Now!
- The ZenSpace Team
09.20.21
👋 COME VISIT US! Open Invite to ZenSpace to all San Francisco Bay Area Followers
To all of our San Francisco Bay Area followers,
Come say hello 👋 We’d love to have you into one of our spaces at Westfield Valley Fair or Westfield Oakridge Malls. Coffee and cookies on us!
We know you’re going to love discovering our ZenPod, Zen Room, and Zen Lounge. Get a chance to ask questions directly to our CEO and learn about our growth plan. Now is a great opportunity to visit and discover ZenSpace before our campaign closes at the end of this month.
Campaign closing in just a couple weeks. Invest today!
We look forward to seeing you!
-ZenSpace Team
09.18.21
Important Announcement: Campaign Close - Last Chance to Invest
Dear ZenSpace followers,
We have an important announcement: Our StartEngine campaign will be coming to a close on September 31. That leaves less than two weeks to get your investments in.
Since the beginning of our campaign we have seen unprecedented growth in terms of product development, partnerships and scale. We have a few game changing announcements which will be coming out in the days to come. STAY TUNED.
In the meantime, a bit of housekeeping: Investors have the right to cancel investment commitments for any reason until 48 hours prior to the new offering deadline and we will continue to accept investment commitments during the 48 hour period prior to the new offering deadline.
And don't worry - we are not going anywhere. ZenSpace is here to stay. We will be ramping up our communication and business updates in the week leading up to our close - so that you know what lies ahead for ZenSpace!
-The ZenSpace team
09.15.21
WE ARE LIVE! The time is now! Join our Grand Opening Event Today at 4pm PT
We're going live ...TODAY!
See full itinerary on our ZenSpace Grand Opening Online Event and tune in live online at 4pm PT.
See you there!
ZenSpace team
09.14.21
This Week! ONLINE GRAND OPENING EVENT: What does the future of remote - work look like? 🧑💻 Join Us this Wednesday at 4pm PT to find out!
The time is Now. What will tomorrow’s distributed, remote workplace look like?
Join us next week for ZenSpace’s Grand Opening event where we will discuss the future of remote work and discover the latest and best in on-demand remote-work amenities. Our expert panel will delve into the topic of transforming the retail experience through hybrid and distributed networks of remote workspaces. Listen to leaders from tech, human-resources and corporate and retail real-estate to answer the question: will retail shopping centers become the new Corporate Campus?
Join Us September 15th at 4pm for ZenSpace’s Online Grand Opening event.
09.13.21
Time to Sell! 🤑 Email Blast to 100s of Bay Area Employers
Dear ZenSpace Followers,
This week we spoke with a few enterprise clients - employers in the San Francisco Bay Area, and we are excited by our results!
Here is a preview of the email that went out.
" 🧑💻Remote work is here to stay and can be saving you thousands. Get ahead of the curve/transition with ZenSpace.
Guess what? The traditional office model in San Francisco is broken.
The pandemic accelerated the already tectonic shift towards “Work From Anywhere”. And for good reason. Top employers in the Bay Area - Facebook and the like - have discovered just how easy it is to transition and the huge return on investment it has in overhead savings, employee satisfaction and productivity.
Hesitant to return to office? You're wise.
As the uncertainty of a second lockdown looms and return-to-office anxiety prevails amongst employees, we don’t blame you for forgoing a binding, long-term lease. In fact, studies show that doing so may bear huge unforeseen costs on our teams through employee dissatisfaction and flight.
The numbers are in. Remote work is here to stay.
Traditional office model is out and hybrid and flexible remote work solutions are in. Why? Here are just 3 data-backed reasons why now is the perfect time to transition to remote work:
1. Make your employees happier and more productive.
By and large employees dread returning to long commutes, cubicles in dreary office buildings, and inflexible schedules and cafeteria food. Shocking, right?
The once status quo is at a critical turning point. Why? According to Stanford studies, remote work dramatically boosts employee happiness and productivity* which is why 74% of companies expect employees to continue working remotely after the pandemic.*
2. Tap into a widened talent pool of workers.
“Work from anywhere” also means tapping into a diverse pool of remote workers who are eager to join companies like yours. Why limit your hiring, when you can access some of the world’s top talent at a fraction of the cost, provided they have internet access.
3. Save big & grow your business with a competitive edge.
Did you know? Employers save an average of $22,000 per employee a year by letting them telework*. It is no doubt that the Bay Area’s top companies, Twitter, Facebook and the like, have shifted to remote-work policy. It just makes business sense.
🏁 Now’s the time to get ahead of the curve… but where to start?
We specialize in the transition to remote-work and have been working with companies like yours to save you a lot of money. And Its working well. We have set up 3 fully-equipped workspace solutions in the Bay Area’s top retail destinations - which employees can book from their smartphones, with flexible monthly memberships or drop in rates. And, if you’re looking for your very own space, ZenSpaces offer custom turn-key satellite offices - saving you the hassle and costs associated with re-opening the office.
ZenSpace is here to help.
If you’re curious about the remote work model, how to transition, or how much your firm can be saving, we can help. Schedule a free consultation call with our remote work expert today. "
- Read full email here.
- Stay tuned for more exciting updates on our sales effort
- And Invest in the future of work - before it's too late!
Sincerely,
-ZenSpace Team
09.10.21
👋 You're Invited! DIGITAL EVENT: Join Us September 15th at 4pm PT for ZenSpace’s Online Grand Opening event.
Dear ZenSpace Followers,
Want to see a full walkthrough of ZenSpace locations and products? Do you have questions about our business model or market? Or do you simply want to meet the team and speak with our CEO, Mayank? Now is the time!
Join Us September 15th at 4pm for ZenSpace’s Online Grand Opening event.
The event will take place at Westfield Valley Fair, located in the heart of Silicon Valley, which is world renowned as one of the most productive shopping centers in the United States. The itinerary includes a ribbon cutting, walkthrough of the ZenSpace workspace solutions, and panel discussion attracting experts and key note speakers on the topics of Future of remote work and hybrid workspaces.
Panelists Include:
Jim Young, CEO, Realcomm
Greg Holmes, former head of sales, Zoom
Shireen Enayati, VP of leasing, Unibail-Rodamco-Westfield Group
Mayank Agrawl, founder of ZenSpace
Join Us September 15th at 4pm PT for ZenSpace’s Online Grand Opening event.
We look forward to seeing you there!
-ZenSpace Team
REWARDS
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$500
Traveler
Invest $500+ and receive a $100 ZenSpace gift card which will be valid from 1 month from the first redemption date. Valid at any ZenSpace location
$1,000
Nomad
Invest $1,000+ and receive a $250 ZenSpace gift card which will be valid from 3 month from the first redemption date. Valid at any ZenSpace location
$2,500
Wanderer
Invest $2,500+ and receive a $500 ZenSpace gift card which will be valid for 12 months from the first redemption date. & receive 10% bonus shares.
$5,000
Zen
Invest $5,000+ and receive a $1000 ZenSpace gift card which will be valid from 12 month from the first redemption date. Valid at any ZenSpace location. PLUS receive 15% bonus shares.
$10,000
Zen + Team Access
Invest $10,000+ & receive a $2500 ZenSpace gift card valid 12 months from first redemption date. Valid at any ZenSpace location. Plus invitation for a 2 hr strategy workshop with ZenSpace CEO to discuss the business plan + current status of business.
JOIN THE DISCUSSION
0/2500
James Richardson Jr
4 years ago
Hi Mayank, I am an investor and I love this idea, but I am also wondering if this company is on the stock market or NAS. Thank you for your time. Jim Richardson Jr
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David Edelman
4 years ago
Santa Barbara CA: There are two huge spaces at the Paseo Nuevo mall in downtown that are vacant due to Macy's and Nordstrom moving out. These might be idea for ZenSpace
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David Edelman
4 years ago
Mayank Agrawal. I accidently pushed the wrong button. Your response was not inappropriate and I don't know how my note was classified that way. Yes I would like to help you. Do you have my number? Want to talk Monday?
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Bruce Hardy
4 years ago
Do you have any outdoor models?
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Ilya Katsnelson
4 years ago
Hello. Pods are now installed in public places. What steps are taken to make sure that the next user of the pod won't catch COVID from the previous user? It is a confined place after all.
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1
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Jake Brown
5 years ago
Hello, thank you for your time. May I have some help in understanding what is the reason for $0 in account receivables during the most recent fiscal year, and prior year as well. That is documented in the offering circular on SEC website.
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Mark Wright
5 years ago
Mayank, Congrats on the Hyatt Regency Santa Clara partnership!! Great progress. And across the street from the convention center - can see it getting a lot of use and a lot of visibility.
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Tim Carrigan
5 years ago
Thank you for the quick reply Mayank. My business partner and I have had some discussions relating to this opportunity and would be interesting in a potential joint-pilot with the outdoor model, when available. If you'd be interested in a discussion, we'd love to share our thoughts on how we can work together in growing Zen Space. If interested, please share your preferred contact information. Thank you again, Tim
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Tim Carrigan
5 years ago
Good afternoon Mayank, Love the idea and after a good amount of research, it appears your plan is very buttoned up. Like some comments below, I always believe there is tremendous upside in the residential/outdoor space. Living in Chicago, I have all the extreme weather. Given this consideration, how are you envisioning the residential pods to handle the weather fluctuations? I like the idea of a solar panel as running electricity outside is not cheap or easy. But in terms of heat or AC or even window options, take me through your thoughts on how this may/can be addressed. Thank you, Tim
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Sasikumar Karuppusamy
4 years ago
How ZenSpace is different from WeWork? How is ZenSpace's business plan different from WeWork? I still couldn't visualize the workplace scatter in multiple places.
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