Peerspace

Peerspace

Platform for booking unique 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 Differentiation

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 like photographers, event planners, and individuals with space owners, known as hosts, who list their properties for rent. Users can find a variety of venues, from studios to unconventional rooms, suitable for different occasions such as corporate meetings, weddings, and parties. The platform operates in major cities worldwide, allowing for a diverse range of options. Peerspace generates revenue by charging a service fee on each booking, which helps hosts earn extra income while giving renters access to inspiring spaces. The company's goal is to democratize access to unique event venues, making it easier for people to find the perfect location for their 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 diverse offerings.
  • Popularity of pop-up events increases demand for Peerspace's flexible rental options.

What critics are saying

  • Increased competition from niche platforms could erode Peerspace's market share.
  • Economic downturns may reduce spending on event spaces, impacting revenue.
  • Legal disputes with hosts over property issues could harm Peerspace's reputation.

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.

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Funding

Total Funding

$45.8M

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

0%

1 year growth

-1%

2 year growth

-7%
Cache Valley Daily
Apr 15th, 2025
Peerspace Announces 2025 Open Door Awards Showcasing the Most Extraordinary Venues for Rent in the World

SAN FRANCISCO, April 15, 2025 /PRNewswire/ - Peerspace, the leading marketplace for hourly venue rentals for events, productions, and meetings, today announces its third annual Open Door Awards, expanding its celebration of inspiring spaces across the globe.

Hypepotamus
Apr 9th, 2025
How Tech Workers Are Turning Creative Side Hustles Into Real Income

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

PR Newswire
Jan 15th, 2025
Peerspace Announces 2025 Open Door Awards Showcasing The Most Extraordinary Venues For Rent In The World

Peerspace Announces 2025 Open Door Awards Showcasing the Most Extraordinary Venues for Rent in the World

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.

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