Sharing the Love ( and Office Space) - Kinglet Eclipses One Million Dollars in Payouts to Baltimore Area Companies

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The Workspace Startup Hits a Major Milestone

Kinglet was founded in 2014 with a mission to help companies succeed by making better real estate decisions. Today the company announced it has paid over one million dollars to its’ Host companies by helping them rent unused office space.

“We are thrilled. That’s a lot of money for these businesses.” stated CEO Alex Kopicki. “Our mission has become a reality. We are helping companies both large and small make better use of their space. Although just a number, it is a tremendous validation to our business growth.”

The world is filled with businesses paying for office space they aren’t using. At the same time, small businesses have terrible options when looking for office space. Kinglet marries the two through an online marketplace that allows companies with extra space to easily rent it to smaller businesses looking for a better place to work.

In addition to reducing overhead, Host companies benefit from collaboration. Guest companies now have the ability to discover a whole new “class” of inventory that was nearly impossible to find.

Agreements start at month-to-month and all legal and payment processing are handled online.

The Baltimore based online marketplace has plans to expand to between six and ten markets in 2017.

·             Launched in September 2014
·             Kinglet has in excess of 1,200 listings in the Baltimore, DC and Cincinnati Metro areas
·             The typical Kinglet guest ranges from 2 – 10 team members

About Kinglet

Kinglet is an online marketplace that plays matchmaker between businesses with unused office space and small companies looking for a better place to work.
https://www.gokinglet.com

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Jeff Jacobson
Kinglet
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