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Howspace

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A digital facilitation platform that brings everyone and everything together

Helsinki, FinlandFounded 2008Edtech
Valuation $50–100M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Howspace and the history behind them.

About Howspace

Helsinki-based Howspace operates as an AI-powered digital platform focused on collaborative learning and organizational development. The company's roots trace back to 1999 under the name Humap, founded by Olli-Pekka Juoperi, Ilkka Mäkitalo, and Vesa Purokuru. Howspace itself was established as a spin-off in 2008 by Mäkitalo and Juoperi. CEO Ilkka Mäkitalo brings over two decades of experience in change management consultancy and a passion for participative leadership, which is reflected in the platform's core philosophy.

Howspace targets enterprise companies, consulting and learning service providers, associations, and public sector organizations. Its business model is software-as-a-service (SaaS), generating revenue through tiered subscription plans based on the number of users and workspaces. The platform is designed to manage and facilitate social learning programs and large-scale development processes, moving beyond simple video conferencing to create structured, facilitated digital environments. Clients utilize Howspace for a variety of functions including change management, strategic planning, and employee training, with notable users like The United Nations and Hitachi Energy.

The platform's core offering is a customizable digital workspace where users can engage in both real-time and asynchronous collaboration. Key features include drag-and-drop widgets for creating polls, chats, and assignments; integrated video conferencing; and advanced facilitator tools. A significant differentiator is its use of proprietary AI to analyze large volumes of text-based dialogue in real-time, summarizing conversations and identifying key themes to provide actionable insights. This AI functionality also supports multilingual translations and transcriptions, enhancing accessibility for global teams. The platform allows for extensive integrations with other tools like Google Suite and Microsoft Teams and provides analytics to measure engagement and learning impact. Having secured a total of $16.4M in funding, with a notable $14.6M Series A round in May 2021, the company is focused on expanding its footprint in Europe and North America.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Helsinki, Finland
Employees
66
Open positions
6
Dealroom signal
69.5/100
Industry
Education, Enterprise Software
Sub-industry
Learning Tools and Resources
Sector
Edtech, Spinout, Corporate Learning, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Finland
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC May 2021 $13M $53M Forestay Capital · Inventure ↗
CONVERTIBLEEquity / VC Feb 2020 $1.8M — Undisclosed —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Howspace website traffic

Latest recorded traffic for Howspace is 69K monthly website visits, down 42.5% over the last three months. Howspace's team grew 8.2% over the past year.

Latest monthly visits69K 3-month web change-42.5% 1-year team growth+8.2%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

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

Seed11 investors entered at this stage

  • Markko Vaarnas
  • Unifund
  • Tomi Hilvo
  • Juha Harju
  • Jussi Heimonen
  • Seppo Sneck
  • Markus Laurio
  • Midinvest Management
  • Pasi Valoranta
  • Tuomo Falck
  • Business Finland

Series A2 investors entered at this stage

Other known investors3 additional known investors

  • University of Jyväskylä
  • Lennu Keinänen
  • Takeoff Partners
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
11 countries with
team presence
🇫🇮 Finland56%
🇳🇱 Netherlands14%
🇸🇪 Sweden10%
🇫🇷 France4%
🇨🇭 Switzerland4%
Top 5 of 11 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Howspace 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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