W
WorkTech
The leading Platform-Driven Workspace Community originating from Hong Kong with 19+ sites presence in Asia
About WorkTech
WorkTech, founded in Hong Kong by Michael Wong in 2011, operates as a provider of managed co-working spaces. The company has established itself in the competitive flexible office market by offering a range of workplace solutions to a diverse client base, from individual freelancers to established enterprises. WorkTech's business model is centered on monthly membership plans that provide access to its facilities and services.
The firm's core offerings include private offices, dedicated desks, and customizable office solutions. Supporting these spaces are a suite of amenities designed for business efficiency, such as high-speed WiFi, reception services, private lockers, meeting rooms, event spaces, and printing facilities. This model aligns with the growing demand for flexible and professionally managed work environments in major business hubs. The company leverages technology to enhance the co-working experience, aiming to create an environment that fosters efficiency and helps solve business challenges for its members.
WorkTech has demonstrated significant growth, underscored by a successful Series B funding round on January 29, 2020. The company raised a total of $25 million in this round, which was led by Raffles and included participation from Click Ventures and UVECON. This capital injection has supported its expansion and solidified its position within the Asian market. The company operates in a dynamic and competitive landscape, with major players like WeWork also active in the region. With numerous locations across Hong Kong, WorkTech caters to professionals and businesses looking for adaptable and well-equipped workspaces in prime areas.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Central and Western District, Hong Kong
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 52.7/100
- Industry
- Real Estate
- Sub-industry
- Workspaces, Search, Buy & Rent
- Sector
- eCommerce & Marketplaces
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jan 2020 | $15M | $60M | Raffles Family Office | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for WorkTech is 760 monthly website visits, down 86.2% over the last three months. WorkTech's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Raffles Family Office
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about WorkTech 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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