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Fast Five

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A membership-based premium office that you can use as a great business space at a reasonable price

Seoul, South KoreaFounded 2015Real Estate
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fast Five and the history behind them.

About Fast Five

Fast Five is a South Korean company founded in 2015 that operates in the real estate sector, specializing in providing managed co-working spaces. The company's primary service is offering membership-based premium offices, which are available at a reasonable price without a deposit. This model caters to a diverse clientele, ranging from freelancers and startups to established global companies.

Fast Five's business model revolves around offering a variety of office solutions to meet different needs. These include independent offices, all-in-one building solutions under the 'Powered by FF' service, and dedicated spaces for freelancers and individual representatives. The company has a significant presence in South Korea, boasting the largest number of branches in the country. This extensive network allows them to provide flexible and accessible workspace solutions across various locations.

Revenue is generated through membership fees for their office spaces and related services. By eliminating the need for a traditional deposit, Fast Five reduces the initial financial burden for its clients, making it an attractive option for businesses of all sizes. The company also engages in marketing activities targeting its 25,000+ members and over 450,000 monthly visitors, indicating a B2B focus within its ecosystem.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Seoul, South Korea
Employees
33
Open positions
29
Dealroom signal
74.4/100
Industry
Real Estate
Sub-industry
Workspaces
Sector
Real Estate, Freelancers, Social, Community, Sharing Economy, Investing, Social Network
Client focus
b2b
Investment activity
2 companies, latest May 2020
Capital deployed
$15M
Preferred round
SEED

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jun 2021 $25M $101M Kakao Investment · Korea Development Bank · Arden Partners · CL Partners —
SERIES DOther financing Jul 2019 $33M $132M KB Investment · IMM Investment · Hana Ventures · Atinum Investment —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Fast Five website traffic

Latest recorded traffic for Fast Five is 160K monthly website visits, up 23.1% over the last three months. Fast Five's team grew 3.1% over the past year.

Latest monthly visits160K 3-month web change+23.1% 1-year team growth+3.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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Closest operating peers by Dealroom taxonomy

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LoconomicsLoconomics is a marketplace where clients and providers of local services come together to meet and engage each other & nurture their business relationships. San Francisco, United States Low Activity
HubbubCrowdfunding movements for the education and non-profit sectors London, United Kingdom Operational
TamTamyVisionary Warehouse Management System provider, recognized by Gartner, partnering with Tesco on Hudl Tablet, and a Google Cloud MSP, with a focus on optimizing and integrating processes and creating digital communities Turin, Italy Operational
Work Evolution LaboratoriesWork Evolution Laboratories (WE Labs) is Downtown Long Beach's first coworking community Long Beach, United States Operational
StockTwitsStockTwits is a social media platform designed for sharing ideas between investors, traders, and entrepreneurs New York City, United States Operational
Betacowork Coworking BrusselsLeading shared office coworking space in Brussels, for professionals and entrepreneurs Etterbeek, Belgium Operational
Showing 8 of the closest matchesCompare every metric →

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • TS Investment

Series B and later10 investors entered at this stage

  • Atinum Investment
  • KB Investment
  • IMM Investment
  • Hana Ventures
  • Premier Partners
  • SBI Investment
  • Kakao Investment
  • Korea Development Bank
  • Arden Partners
  • CL Partners
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fast Five on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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