SpaceIQ
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
SpaceIQ built a cloud-based workplace management platform aimed at mid-market companies, leading what it called the digital transformation of the workplace. Its tools helped firms optimize space use, coordinate meeting rooms and workplace moves, and manage assets, turning facilities from cost centers into strategic business assets. The company helped corporate real estate teams make data-driven decisions about their portfolios, increase operational excellence, and improve the employee experience through smart building technology and employee enablement applications.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
SpaceIQ was founded to build a cloud-based integrated workplace management system for mid-market companies, offering easy-to-use tools to optimize space use, meeting room coordination, workplace moves, and asset management.
- Acquired by Archibus + Serraview
Archibus + Serraview, a workplace and facilities software provider backed by growth equity firm JMI Equity, acquired SpaceIQ to strengthen its position in the workplace management space.
- Merged with iOFFICE
SpaceIQ and iOFFICE merged following strategic investments by private equity firms Thoma Bravo and JMI Equity, combining into an organization serving more than 10,000 customers in over 85 countries; SpaceIQ CEO Wain Kellum became CEO of the combined company.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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