VC Fund Investments
Co-working space platform GoFloaters raises funding from Loyal VC
GoFloaters, a Chennai-based hybrid workplace platform, has raised seed funding led by Loyal VC, a Canada-based global venture fund. The new funds will be used to strengthen and accelerate GoFloaters' workplace solution, WorqFlexi. Founded by Shyam Sundar Nagarajan and Srivatsan Padmanabhan in 2017, GoFloaters offers low-cost co-working desks with work cafes. It claims to offer over 2,000 on-demand coworking spaces, meeting rooms and long-term offices across 40 plus cities including in Tier 2 and 3 towns. The company has partnered with over 250 coworking providers including WeWork, Cowrks, 91Springboard, AWFIS, Indiqube and OYO. Its customers include Chargebee, Wingify, Branch International, Kraftshala, Ignitho, Incubyte, and NotionPress.
From the Venture Intelligence Incubation / Acceleration Database: In Jan-2021, GoFloaters was selected as part of the Brigade REAP accelerator program.
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