GoWork, a Jakarta, Indonesia-based coworking space provider, raised $10m in Series A funding.
The round was led by Gobi Partners and developer Indonesian Paradise Property.
The company intends to use the funds to bolster operations, increasing coworking space from the current 10,000 sq. meters to nearly 25,000 by early 2019.
Led by CEO Vanessa Hendriadi, GoWork offers shared workspace options ranging from a hot desk for about $8 per day to a private office at a monthly fee of $183 at offices across Jakarta, Surabaya, and Bali. The majority of its 600 corporate clients are established tech companies such as Southeast Asian ride-hailing leader Grab, as well as multinationals.
The startup received a $2.5m investment led by Ucommune, China’s largest coworking company, last year.