With over 500 members and operating 80,000 square feet by summer 2016, Cross Campus is one of the country’s top ten shared, collaborative office or "coworking" operators in the US. We operate locations in Santa Monica and Pasadena, and are slated to open a Downtown LA location in March, with additional locations in development.
Coworking took off after 2008, fueled by changes in how people work across the economy. Today it represents less than 2% of the office market, but we believe it will grow to 15% - 30% over the next decade, creating a significant market opportunity.
In addition to providing workspace and services, Cross Campus has built one of the leading business event platforms in the world today, having hosted people like Barack Obama, Elon Musk, Tim Ferriss, Robert Greene, and others.
Led by an experienced executive team and strong investor backing, Cross Campus has the vision and team to become a brand leader. The growth plan today focuses on owning the Southern California market, but the longer term vision is global.
Our current equity raise is funding the launch of our third location in Downtown LA and provides capital for additional location expansion and corporate development. With Crowdfunder, we have the opportunity to identify investors who can
help us build our community when we launch in cities around the US.
Currently have two locations (Santa Monica and Pasadena) near full occupancy & profitable on a standalone basisFebruary, 2016
Third location recently opened in Downtown LAJuly, 2016
Executive team has over 65 years experience in finance, tech and real estateFebruary, 2016
Potential addressable market is $170B with only $3.2B being served (large market, low penetration)February, 2016
President Obama holds Town Hall at Cross CampusOctober, 2014