Media Contact:
Robert Kellman
CEO & Founder
robert.kellman@enclave535.com
FOR IMMEDIATE RELEASE
CHICAGO, IL — [April 30, 2025] — Enclave Coworking, a fast-growing startup building tech-enabled coworking spaces for suburban professionals, today announced the successful close of its oversubscribed Series A funding round, raising $4.2 million at a $24 million valuation. The round was led by Tandem Invest, Bling Capital, New Stack Ventures and AMG Ventures.
The round marks a significant milestone for the company, which currently operates 17 locations across Chicago and Washington, D.C. The fresh capital will support Enclave’s ambitious expansion plans to open 100+ suburban locations over the next two years, targeting growth in existing markets and five additional 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.”
Unlike traditional coworking models focused on downtown cores, Enclave has carved out a niche in suburban communities—offering flexible, design-forward spaces closer to where people live. The company’s hybrid-friendly approach has attracted a diverse community of entrepreneurs, remote workers, and small teams seeking connection without the commute. Enclave’s brand and design philosophy incorporates that community feel and has helped fuel rapid sales with many spaces selling out within three months of a location opening.
In contrast to other coworking companies, Enclave developed technology to operate their coworking spaces without any on-site staff. The tech has helped the company offer a high quality experience for members at prices well below market standards.
“The future of work is local,” added Zac Kerr, a partner at Tandem Invest and a lead investor in the round. “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.”
As companies consider the benefits of remote work versus return to office plans, Enclave offers a third way: coworking as an HR benefit. For example, with an expected 25 locations across Chicago, corporate partners can offer their employees a professional workspace minutes from their home – no matter where they live. The company plans to build similar high-density in all new markets.
About Enclave Coworking
Enclave was founded by Robert Kellman in Chicago in 2019 and is backed by Bling Capital, Tandem Invest, New Stack Ventures, AMG Ventures, and Corazon Capital. The company builds beautiful, community-centric workspaces in suburban neighborhoods. Founded on the belief that work should happen closer to home, Enclave helps professionals avoid the commute and work locally, but without the distractions of home. For more, visit enclavecoworking.com.
Media Contact:
Robert Kellman
CEO & Founder
bobby@enclavecoworking.com