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“Space-as-a-service” is a term that generally refers to an asset-light business model that allows a consumer or business to rent space that suits their needs rather than going through a more traditional capital and time-consuming buy, build, and own process.
The funding round was led by MATH Venture Partners, Nine Four Ventures, and @properties brokerage firm’s co-founders Thad Wong and Mike Golden, Chicago-based investors who have all backed various startups using real estate technology in innovative ways.