Peerspace

Peerspace

Online platform for renting event spaces

About Peerspace

Simplify's Rating
Why Peerspace is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Real Estate

Entertainment

Company Size

51-200

Company Stage

Series B

Total Funding

$43.8M

Headquarters

San Francisco, California

Founded

2013

Overview

Peerspace provides a platform for individuals and businesses to book unique spaces for various events and activities. It connects clients, such as photographers, event planners, and individuals, with space owners who list their properties for rent. Users can browse a wide variety of venues, from studios to unconventional rooms, in major cities worldwide. The platform operates on a peer-to-peer marketplace model, where Peerspace earns revenue by charging a service fee on each booking. This model allows hosts to earn extra income while offering renters access to inspiring spaces for their events. Peerspace's goal is to democratize access to unique event venues, making it easier for people to find the perfect location for their specific needs.

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Simplify's Take

What believers are saying

  • Partnership with Booking.com enhances event planning with travel discounts for attendees.
  • Growing demand for hybrid event spaces aligns with Peerspace's offerings.
  • Expansion of the gig economy increases demand for flexible workspaces Peerspace provides.

What critics are saying

  • Increased competition from local and international space rental platforms.
  • New CEO Kevin Yuann may lead to strategic shifts misaligned with market trends.
  • Economic downturns in key markets could reduce spending on events, impacting revenue.

What makes Peerspace unique

  • Peerspace offers a diverse range of unique and unconventional event spaces.
  • The platform connects hosts and renters in a peer-to-peer marketplace model.
  • Peerspace's global presence includes major cities like Los Angeles, New York, and London.

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Funding

Total Funding

$43.8M

Below

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Professional Development Budget

Remote Work Options

Flexible Work Hours

Home Office Stipend

Phone/Internet Stipend

Unlimited Paid Time Off

Wellness Program

Company Equity

Paid Vacation

Paid Sick Leave

Paid Holidays

Employee Discounts

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Peerspace
Jul 8th, 2024
Enter the Gathar x Peerspace Giveaway

Peerspace is partnering with Gathar, the private chef and catering platform creating amazing dining experiences, to help you host the party of the summer.

Peerspace
May 28th, 2024
Peerspace Announces Kevin Yuann as Next CEO

As part of this next phase, Kevin Yuann will join Peerspace as its new CEO.

PR Newswire
Mar 13th, 2024
Peerspace Announces A New Partnership With Booking.Com

SAN FRANCISCO, March 13, 2024 /PRNewswire/ -- Peerspace today announced a new partnership with Booking.com to help event organizers bring their visions to life. Any event organizer who books a venue on Peerspace, plus all of their confirmed attendees, will now receive an exclusive discount on hotels and rental cars on Booking.com."Peerspace already offers some of the most unique venues in the world, and now through our partnership with Booking.com, we're excited to make another aspect of the event planning process even better," said Luke Tarbi, chief marketing officer at Peerspace. "Giving our customers access to discounted hotels and rental cars on Booking.com is an added bonus for any event organizer who's focused on improving their attendee experience.""We are thrilled to partner with Peerspace to offer an exclusive discount on hotel and rental cars for event organizers and their attendees," said Cintia O Tavella Gomez, regional director, strategic partnerships Americas at Booking.com. "People planning events want unique spaces and their attendees want unique accommodations that Booking.com offers globally in one search. A partnership between Peerspace and Booking.com is a win-win for making event planning -- and the related travel -- simple and convenient."This discount applies to any Peerspace customer who has a confirmed production, meeting, or event booking, and invites their attendees through the Peerspace platform. This discount is valid for customers in the U.S., Australia, Canada, France, Germany, the U.K., and Spain.About PeerspacePeerspace is the leading marketplace for hourly venue rentals for meetings, productions, and events

Peerspace
Feb 5th, 2024
(CLOSED) Enter the Farmgirl Flowers x Peerspace Giveaway

Valentine's Day is right around the corner, so Peerspace is partnering with Farmgirl Flowers to help you celebrate your favorite people (whether that's a partner, family, or friends) in style.

Peerspace
Dec 16th, 2023
Enter the Bourdon x Peerspace Giveaway

As 2023 comes to an end, Peerspace is partnering with Becca Kufrin's wine line Bourdon to add a festive twist to your social calendar in the new year.

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