1. Startup

GoWork Raised Funding Worth of 150 Billion Rupiah

Led by Gobi Partners and Indonesia Paradise Property

GoWork's premium coworking space, today (10/10) announces funding worth of 150 billion Rupiah. It was led by China-based venture capital Gobi Partners and a leading property developer Indonesia Paradise Property.

GoWork was established from Rework and GoWork merger in early 2018. During the two-year operation, GoWork advanced to 16 locations in Jakarta, Surabaya, and Bali; runs 25,000 sqm of office space. In order to support acceleration, GoWork built a strategic partnership with a property organizer.

By gathering 8,000 members and 600 companies registered to the coworking space, GoWork is quite confident with its business to grow. It helps them to convince the founders to continue with the domestic expansion.

"The mission is simple, to facilitate public with the best by changing the way of working and socializing. It's through GoWork, we can accelerate personal and company's growth with the supporting network ecosystem. Using work&play philosophy, we provide exclusive access to more than 30 restaurants, cafes, business center, and meeting rooms through GoWork's cellular app," Vanessa Hendriadi, GoWork's CEO, said.

Kay-Mok Ku, ASEAN Gobi Partners' Managing Director, sounded his expectation of GoWork. Was previously invested in KR Space (the largest coworking space operator in China), they expect GoWork to develop with the best coworking space solution. Ku noticed GoWork's innovative potential to make the revolution for office space in Indonesia.

The Paradise Group's COO, Anthony Prabowo, added, "GoWork's commitment towards the design quality, strategic location, and their concern to give the best experience for all tenants amazed us. This collaboration will be very beneficial for the short or long term, supported by our extensive property network."

"Our focus is to create the community and ecosystem network by encouraging members to create more value for each other. The interaction happened because of the various community events we held," Hendriadi concluded.

Original article is in Indonesian, translated by Kristin Siagian

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