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[BUSINESS] · Brazil · 2 sources

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Flowork projects R$ 35 million revenue through subscription office model

Flowork, a company founded in Porto Alegre in 2017, is expanding its 'subscription office' business model. The firm aims to reach R$ 35 million in revenue by 2027, representing a 40% increase from the R$ 25 million projected for the current year.

The company utilizes a model combining 'Built to Suit' real estate concepts with management and maintenance services. Instead of investing in physical infrastructure, clients contract ready-to-operate spaces tailored to their specific needs. This allows businesses to focus on core activities while Flowork manages the physical and operational structure, including furniture, reception, cleaning, and maintenance.

Flowork currently manages over 10,000 square meters across five units in Porto Alegre, Curitiba, and Florianópolis. Its client base includes companies such as XP Investimentos, Nestlé, Michael Page, BTG, and Booking.com.

Entities

Booking.com · Flowork · Nestlé · Porto Alegre · XP Investimentos