Proximity Space, a Montrose, Colorado-based provider of coworking-space management software and hardware, acquires North Carolina software company SMPL. The deal adds door control functions and flexible membership options to Proximity’s platform, which serves thousands of coworking space members. CEO Josh Freed led the deal.
Proximity, a software company used by 600 coworking brands, acquired smaller rival SMPL in a deal that closed this week. CEO Josh Freed says the acquisition adds new and enhanced features to software used by thousands of coworking-space members; SMPL, founded by Garrett Tichy, focused on the community created by coworking.
The CORI Innovation Fund (CIF) makes its first investment in Proximity Space, Inc., a Montrose, Colorado-based software business. Proximity Space provides workspace management technology for coworking spaces, commercial real estate, and hybrid workplaces.