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WorkTech

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The leading Platform-Driven Workspace Community originating from Hong Kong with 19+ sites presence in Asia

Central and Western District, Hong KongFounded 2013eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2020
Revenue <$1M 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 WorkTech and the history behind them.

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 data

At 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

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jan 2020 $15M $60M Raffles Family Office ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

WorkTech website traffic

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.

Latest monthly visits760 3-month web change-86.2% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

1 investor on the cap table

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
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
🇭🇰 Hong Kong100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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