Valve, a London, UK and NYC-based global industry system for flexible workspaces, raised $4.5M in seed funding.
The round was led by Project A with participation from Discovery Ventures.
The company intends to use the funds to expand its reach across North America and EMEA.
Led by Nick Roveta, CEO, Valve provides sales, marketing and distribution solutions for commercial real estate professionals, online booking platforms and flexible workspace operators to transact across a global network of workspaces seamlessly.
Through Valve’s technology, landlords and operators on the supply side can power up their sales teams with sales tooling as well as distribute content and receive bookings from traditional brokerages, listing sites, and on-demand apps via a centralised inventory and distribution management platform. Operators can connect their data into Valve’s global industry system to reach over 2,000 advisors, partners and online booking platforms transacting in the flexible workspace.
On the demand side, brokers, booking platforms and portals gain access to market intelligence, real-time flexible workspace inventory, and an end-to-end booking API to integrate with their proprietary products and solutions.
Valve already operates across 10,000+ buildings in 250+ cities for 170+ customers.