Enclave Coworking has successfully closed a $4.2 million Series A funding round, aimed at supporting its national expansion plans. The company, which provides tech-enabled coworking spaces for suburban professionals, announced the completion of this oversubscribed round at a valuation of $24 million. Leading the investment were Tandem Invest, Bling Capital, New Stack Ventures, and AMG Ventures.
Currently operating 17 locations in Chicago and Washington, D.C., Enclave intends to use the new funds to open over 100 additional suburban locations within two years. The expansion will focus on existing markets and five new U.S. cities.
"Enclave was built to meet the demand for vibrant, local workspaces outside of city centers," said Robert Kellman, CEO of Enclave Coworking. "This raise validates our model and gives us the resources to scale rapidly and bring our vision to professionals across the country who want to work close to, but not at, home."
Enclave distinguishes itself by focusing on suburban communities rather than urban centers. Its flexible spaces are designed to be closer to where people live, attracting entrepreneurs, remote workers, and small teams who prefer working without commuting long distances. The company's technology allows it to operate coworking spaces without on-site staff while maintaining competitive pricing.
"The future of work is local," said Zac Kerr from Tandem Invest. "Enclave is perfectly positioned to be the go-to third place for millions of professionals in need of flexible, high-quality spaces outside the urban core."
Founded in 2019 by Robert Kellman in Chicago, Enclave is backed by several investors including Bling Capital and Corazon Capital. It aims to provide community-centric workspaces that help professionals avoid commuting while working locally without home distractions.
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