Sweden
Poppice, founded in 2015, aims to become the go-to platform for short-term office space in Europe. With a user-friendly interface and a commitment to providing a free service, it is positioning itself as the premier destination for flexible office solutions.
The company's business model revolves around being a neutral online marketplace that does not own any real estate. This approach allows Poppice to offer its services to anyone with available office space, with no charge for listing on the platform. Additionally, the end-user also benefits from a free-of-charge experience. The revenue model is commission-based, with earnings coming from chargebacks from advertisers after successful booking completion on the marketplace.
Poppice’s emphasis on maximum value, flexibility, and user-friendliness aligns with the evolving needs of today's workforce. Its focus on short-term arrangements, and emphasis on comparison, price, and availability, distinguishes it in the European market.
As of the last available data, Poppice's last investment and investors are not specified, signifying potential opportunities for venture capital entities seeking to invest in a forward-looking internet-based startup operating from Sweden.
