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extraSlice Inc.

Office Space Simplified

Pitch Video
Investor Panel

Highlights

1
Trusted by Accenture, HMD/Nokia, Schneider Electric, and many more 🎯
2
$1.5M prior funding from Benaroya Capital and angel investors 💸
3
Inventory 100% occupied, despite COVID-19 in 2021. Currently at 2MM ARR 💹
4
Leadership team has significant experience (Oracle, IBM, Regus, and Ericsson) 🦾
5
Above $750k of contract value closed in Jan 2022; demand has already begun to skyrocket 🚀
6
$200B annual U.S. market; $30B immediately addressable flexible office market 🌎
7
We solve the biggest problem in office leasing: slow, frustrating and inefficient old school processes 🏢
8
The future of office space is NOT traditional leasing or co-working 💥

Our Team

In 2013, extraSlice was a software company in need of Agile office space. The opaque, frustrating, broker-centric, fee-laden experience led us to create the world's first Agile Office Space platform. Search. Sign. Work. Whether for a month or decade, booking office space on extraSlice takes minutes, instead of months.

Why extraSlice?

Ever wonder why it’s so hard to lease an office? Traditional solutions are time-consuming and expensive, and co-working solutions like WeWork sacrifice business culture and brand identity.

extraSlice offers the speed & flexibility of co-working without sacrificing the benefits of a traditional office. Via our advanced Corporate Real Estate Platform, business owners can find and occupy a fully equipped workspace in as few as two weeks—without paying hefty broker fees and commissions.

extraSlice benefits property owners and business owners. For property owners, we make listing available spaces and generating cash flow quick and easy. For business owners, we take all the hassle and hidden fees out of the leasing process. Here’s how it works:

Commercial real estate has been hard hit by the COVID-19 pandemic, and yet our inventory remains 100% occupied. As we head into the future, we’re poised for explosive growth as the post-pandemic demand for fast and flexible offices skyrockets. Here’s a look at our current revenue forecasts

The commercial real estate market is flooded with inefficient, outdated solutions and ripe for disruption. In the US alone, our TAM is $200B, and our current addressable market is $30B.

From Accenture, to JUUL, to Schneider Electric our end-to-end platform is attracting enterprise clients seeking to cut costs and improve efficiency. But our pipeline doesn’t end there; we also capitalize on the leasing market by serving Small and Medium-sized Businesses (SMBs) and startups.

Our existing model enables us to optimally serve 5% of the market. While this model has generated ARR as high as $2.2 million, we saw an opportunity to grab an even larger slice. With that in mind, we designed our new automated, full-service marketplace—aimed at serving a huge 80% of the market.

We believe that finding and leasing an office space should be as simple as placing an order on Amazon, and that’s where our end-to-end differentiator comes in. Here’s a breakdown of the competition:

1. Our closest competition is traditional leasing via brokerage firms, which is more costly and time consuming than our integrated platform solution.

    2. Co-working and shared office providers like Regus and WeWork are our second closest competition, but these options compromise business culture and brand identity, are available only in certain areas, and are economical only when the team size is 15 or less.

    3. Our third competitor is marketplace/aggregator platforms. However, these platforms do not offer an end-to-end solution (think of the buying experience of Craigslist vs. Amazon.)

      Our revenue model is as simple and effective as it gets. On every lease transaction made via our platform, we make a minimum of 4% monthly. Our split increases depending on services offered—all the way up to 35% for fully serviced office spaces.

      Our new automated model positions us for exponential growth. Within just the next 12 months, we’re aiming to close a sales goal of $3M. By investing now, you're positioned to take advantage of our current valuation. Let’s change the future of commercial real estate leasing together

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      Overview