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About Peerspace
Industries
Real Estate
Entertainment
Company Size
51-200
Company Stage
Series B
Total Funding
$45.8M
Headquarters
San Francisco, California
Founded
2013
Overview
Peerspace provides a platform for individuals and businesses to book unique spaces for events and activities. It connects clients, such as photographers, event planners, and individuals, with a variety of spaces, including studios and unconventional venues, in major cities worldwide. Users can browse and book these spaces through a peer-to-peer marketplace where property owners, known as hosts, list their venues. Peerspace generates revenue by charging a service fee on each booking, allowing hosts to earn extra income while offering renters access to distinctive locations for their events. The company's goal is to democratize access to unique event spaces, making it easier for people to find the perfect venue for their specific needs.
Simplify's Take
What believers are saying
- Partnership with Booking.com enhances event planning with discounted travel options.
- Growing demand for hybrid event spaces aligns with Peerspace's diverse offerings.
- New CEO Kevin Yuann brings fresh leadership to drive company growth.
What critics are saying
- Increased competition from local platforms could erode market share in major cities.
- Economic downturns may reduce spending on events, impacting service fee revenue.
- Remote work trends might decrease demand for physical event spaces.
What makes Peerspace unique
- Peerspace offers a wide variety of unique and unconventional event spaces.
- The platform connects hosts and renters in major global cities like London and Sydney.
- Peerspace's peer-to-peer model allows hosts to monetize underutilized spaces efficiently.
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Funding
Total Funding
$45.8M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
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
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↓ -7%Read Time: 5 minutesTech Topics In This Article: side hustles, event spacesThe side hustle. In an era where even those with seemingly stable tech salaries feel the pinch, the quest for an extra income stream has become a near-universal pursuit. For Atlanta-based data engineer Alicia Arnold, building a side hustle started when she realized she could turn her knack for hosting into a thriving event space rental gig on Peerspace.Arnold, a self-proclaimed “hostess with the mostess,” had already found success in buying and renting properties to longer-term tenants in the Atlanta area. While she thought about listing things on Airbnb, she found it to be more labor-intensive than she desired with the demands of her full-time job. Seeking a more streamlined side hustle, she stumbled upon Peerspace as a solution for her newly acquired event space just north of Atlanta’s I-285 corridor.For those unfamiliar, Peerspace operates as a curated platform connecting individuals and businesses with unique spaces for a variety of purposes, from photoshoots and workshops to corporate meetings and intimate gatherings. After launching in the Atlanta market in 2018, the Peerspace platform has expanded to now boast over 2,000 hosts and 2,600 diverse spaces across the city.These range from blank canvases and creative studios to fully equipped suites, like the one Arnold now manages.Arnold’s space quickly proved its versatility, attracting bookings for baby showers, bridal celebrations, workshops, seminars, birthdays, dinners, meetings, photography sessions, pop-up shops, and business mixers
Peerspace is partnering with Gathar, the private chef and catering platform creating amazing dining experiences, to help you host the party of the summer.
As part of this next phase, Kevin Yuann will join Peerspace as its new CEO.
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
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 is Hiring for 6 Jobs on Simplify!
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About Peerspace
Industries
Real Estate
Entertainment
Company Size
51-200
Company Stage
Series B
Total Funding
$45.8M
Headquarters
San Francisco, California
Founded
2013
Peerspace is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Peerspace