Flexible workspace network Desana raises $4 million

Edinburgh-based on-demand workspace network Desana has secured $4 million in seed funding. The oversubscribed round was led by Berlin-based PropTech1 Ventures, BGF, and existing investor Techstart Ventures, with participation from GroundBreak Ventures and the Accel Scout programme.

Put simply, Desana is an enterprise-grade co-working space aggregator (or, as the founders call it, a hybrid workspace platform) that provides employers with a possibility to offer flexible working to their employees. Every month, the customer purchases a certain amount of “credits” that can then be redeemed by its employees in workspaces across Europe. This way, instead of paying each space for each booking separately, the organisation would get a detailed invoice from Desana.

Desana is currently operational across Europe, as well as in the US and Asia, where it's hiring for key positions at the moment. The startup doesn't specify how many flexible workspaces have signed-up to be in its network, but promises to meet the clients' requirements. “If you have specific locations in mind, simply let us know and we’ll work to partner with high-quality workspaces wherever your business needs them,” it stated on its FAQ page.

This story has been updated to reflect that Desana is already operational in the US and Asia, as well as to provide the founders' perspective of what the company essentially is.