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A year in review - challenges, triumph & new business updates

Updated: Jul 20, 2021

For many of us, 2020 was a difficult year. One marked by global uncertainty. At ZenSpace, lockdowns lead to a total closure of some of our business in events, conventions, business travel, and flexible workspaces which raised questions for the future of the company.

While some of our business came to a halt, in hindsight, this may have been a blessing in disguise for ZenSpace. It gave us the opportunity to enter into new markets and refine our products. 2021 will be a turnaround year for us, marked by the return of events and our fast expansion across the San Francisco bay area in retail, hotels and apartments.

Here are just a few of our key updates from the year:

  • In Q1’21, we expanded from events and conventions in Las Vegas to retail real estate in the San Francisco Bay area.

  • Covid has shaken up a multi-trillion dollar flexible workspace market which poises ZenSpace's on-demand workspaces to be at the leading edge of the future of work.

  • ZenSpace made headlines in the media.

  • We forged partnerships with 4 of the largest retail estate companies in the US including Westfield, Brookfield Properties, Simon group and JLL to set up flexible workspace in their shopping malls.

  • This includes the opening of 4 new ZenSpace locations - including Westfield Valley Fair mall and Westfield Oakridge mall - as well as 6 new contracts expected to go live in July 2021 across SF bay area:

  • We have new notable investors and advisors on board at ZenSpace, including Greg Holmes, former head of sales for Zoom.

  • We improved and further developed our existing products including software apps, platform and our SmartPods.

  • In addition to the ZenSpace SmartPods, we have expanded to offer on-demand coworking lounges and conference rooms which are going live in several shopping malls in the bay area.

We will keep it short for now, but expect to be hearing much more from us in the near future. While there are still some headwinds, we see exciting new updates and growth on the horizon!

the ZenSpace team

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