Almi Invest invests SEK 2 million in the Norrland-based coworking company House Be.
Private investors are also participating in the issue, which totals just over SEK 6 million.
The money will be used for further expansion in northern cities and for further digital development of the company’s platform.
House Be operates coworking facilities throughout the Nordic region and is currently present in eight locations: Åre, Östersund, Sundsvall, Härnösand, Örnsköldsvik, Umeå, Skellefteå and Hudiksvall.
The company enjoyed strong growth in 2021 and expects to more than double its turnover and reach profitability at all established units in 2022. House Be is planning new establishments in several cities and is likely to open in at least two new northern locations this year. Possible locations include Boden, Luleå, Piteå, Falun and Borlänge.
– House Be offers a well-packaged coworking concept that, by avoiding the big cities, contributes to business development and the creation of attractive jobs more widely spread across the country, in this case in northern cities. This, combined with the founders’ strong entrepreneurial drive, makes us positive about the company’s chances of success and becoming a good business both for Norrland and for us, says Kristofer Öhman, Investment Manager Almi Invest.
House Be is by far the largest coworking operator in northern Sweden.
The company will use the new capital to increase the pace of expansion in the Nordic region, strengthen its positioning and capitalise on new opportunities.
– We are very happy to have Almi Invest as a new investor. With them on board, we can take the next step in our development and offer our concept in more cities in the North of Sweden. After the pandemic, more and more large companies are starting to see coworking as a natural part of their office solution and we are right on time with our offer, says Olof Pergament, CEO of House Be.