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InSpace provides an employee-centric booking platform for hybrid workplaces, headquartered in Boston, Massachusetts. The company's SaaS solution helps organizations optimize office utilization, foster community, and gain data-driven insights to enhance efficiency, enabling employees to select ideal work settings while allowing employers to streamline spaces and potentially reduce real estate costs by up to 50%. Serving B2B and enterprise clients ranging from startups to Fortune 500 companies across various sectors, InSpace operates on a subscription-based revenue model for its office management software. The firm, which has fewer than 25 employees and generates less than $5 million in revenue, has completed at least one funding round, with Joint Journey among its investors. Co-founded in 2019 by Elena Beloshapkova, who serves as CEO, and Askar Abildaev, the CTO, InSpace aims to improve hybrid work experiences.
InSpace has raised $6.0M across 1 funding round.
InSpace has raised $6.0M in total across 1 funding round.
# High-Level Overview
Inspace Technologies is a technology consulting company that specializes in IT audit, infrastructure management, and digital transformation services for medium and large-sized enterprises.[1][3] Founded in 2003, the company operates primarily across India with approximately 270 employees and serves clients globally.[1][2] Rather than acting as a reseller for technology vendors, Inspace operates on a client-partnership model where it provides independent advisory services to help organizations optimize their IT investments, manage infrastructure, and implement enterprise resource planning (ERP) solutions.[3]
The company's core mission centers on ensuring that technology becomes a catalyst for business growth.[3] Inspace helps clients achieve optimal performance from their existing IT infrastructure and applications by conducting detailed technology audits, providing infrastructure consulting, and enabling digital transformation initiatives. This approach allows enterprises to gain clarity on their IT spending and extract maximum value from their technology investments.
# Origin Story
Inspace Technologies was established in 2003, positioning it as a company with over two decades of experience in the Indian IT consulting market.[1] The company emerged during a period when many medium and large enterprises struggled with IT investment clarity and infrastructure optimization—a gap that Inspace identified and addressed through its specialized consulting approach.
The founding philosophy reflected a commitment to independence: rather than building partnerships with principal technology vendors, Inspace chose to maintain vendor relationships only at a level that justified its consulting role.[3] This allowed the company to recommend solutions based purely on client needs rather than vendor incentives. Over its operational history, Inspace has built a track record working with organizations across various sectors, earning testimonials from clients like BRIDGEi2i, which has partnered with the company for six years and praised their infrastructure setup and 24/7 support capabilities.[4]
# Core Differentiators
# Role in the Broader Tech Landscape
Inspace operates within the growing market for IT optimization and digital transformation consulting, a sector that has gained prominence as enterprises increasingly recognize that technology investments alone don't guarantee returns. The company addresses a critical pain point: many organizations lack visibility into whether their IT spending delivers business value.
The timing has favored this model as enterprises face pressure to do more with existing budgets while navigating complex legacy systems and cloud transitions. By positioning itself as a vendor-neutral advisor, Inspace taps into a broader trend of enterprises seeking independent guidance rather than vendor-driven recommendations. This consulting approach influences the broader ecosystem by promoting more thoughtful, strategic IT spending rather than reactive technology purchases.
# Quick Take & Future Outlook
Inspace is well-positioned to benefit from the continued emphasis on IT cost optimization and infrastructure efficiency, particularly as enterprises prioritize maximizing returns on existing technology investments. The company's vendor-neutral model and focus on infrastructure optimization align with long-term market trends favoring independent advisory services over vendor-dependent consulting.
Looking forward, Inspace's growth will likely depend on expanding its geographic footprint beyond India, deepening expertise in emerging areas like cloud infrastructure optimization and AI-driven IT operations, and scaling its team to handle larger enterprise clients. As organizations increasingly view IT as a strategic business function rather than a cost center, companies like Inspace that help unlock value from existing technology investments will become increasingly valuable partners in the digital transformation journey.
InSpace has raised $6.0M in total across 1 funding round.
InSpace's investors include Boston Seed Capital, 01 Ventures, 8090 Industries, 8VC, Chapter One Ventures, Craft Ventures, Creandum, Entrée Capital Ventures, Eunoia Capital Partners, Fika Ventures, Flucas Ventures, Foundation Capital.
InSpace has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in June 2021.
