5 successful companies started their journey with coworking space

Should you share office space or lease your own as a business founder? A growing number of businesses are joining coworking spaces. What was formerly considered mainly a freelancer's realm has quickly evolved into a viable choice for companies of all sizes.

Many businesses are forming every day, and securing regular office space in a metro city can be too expensive for a start-up. With the rise of the gig economy, there are a rising number of freelancers and solo workers. According to Statista's global coworking space data, there are over 18,700 coworking spaces globally. The number is increasing every day, and by 2025, it is predicted to reach approximately 26,000 people.

Today, many businesses of all sizes and budgets use coworking spaces as workstations. Even Major tech companies still operate a small business function in a different country from co-working space. It is very common to see that if the sales department operates in Bromsgrove in the UK, it will probably book a meeting room in Bromsgrove or Redditch for the client meeting.

Like a tailored suit, a meeting room instantly communicates your company's personality, level of success, attention to detail, and relevance in the current world to clients, prospects, and visitors.

Organisations can jump-start their businesses faster by saving money on lease costs. The fact that successful coworking goes hand in hand with collaboration and networking means that companies can benefit from the useful connections they can establish in a community.

Here are some successful businesses that started in co-working spaces

Uber - Uber successfully transformed into a global transportation company. Uber got its start in a coworking space in New York City, and then in San Francisco, from the same coworking location where Spotify got its start. The official operations of RocketSpace began in 2011 with a group of eight members, including the founders Garrett Camp and Travis Kalanick.

Uber is currently one of the most searched online cab systems prevalent in all the major developed and developing countries.

Indiegogo - Indiegogo is the go-to website for any aspiring entrepreneur, having raised over $800 million for around 600,000 projects in 223 countries — not bad for a company that began as a crowdfunding website in 2008.

Indiegogo is a website where millions of individuals worldwide find clever and unusual solutions to everyday problems, big and small. We help uncover breakthroughs in tech, design, and much more before they go mainstream by providing a platform for entrepreneurs worldwide to launch new and revolutionary goods.

Instagram- Another example of a successful startup is Instagram. This once-San Francisco-based startup transformed into a giant social networking platform.

The idea was born in Dogpatch Labs, a coworking space where Kevin Systrom and Mike Krieger established a new social media concept that grew in popularity throughout the world and was eventually purchased by Facebook for $1 billion.

Spotify- In 2006, Spotify's first product, known as Spotify AB, began development in Sweden. In just four months, the business created a working prototype. Spotify AB entered closed beta less than a year later, in 2007.

Spotify was created with Ek's concept of a seamless listening experience in mind. To do this, Ek's engineering team worked feverishly to put together a working prototype of Spotify AB swiftly.

It's yet another incredible startup that got its start in a RocketSpace coworking space.

Hootsuite- Any company that ignores social media in this digital age is doing it at their peril. Keeping track of the zillions of networking channels, on the other hand, is labour in and of itself. Ryan Holmes discovered this truth in 2008. It was simply too exhausting to log onto each platform separately and manage them. A burst of inspiration appeared out of nowhere.

Ryan developed software known as Hootsuite that allowed users to connect accounts from practically every social media platform, including Facebook, Instagram, Linked In, YouTube, and Twitter.