WORKNSTAY


WORKNSTAY is a company that creates workation (work+vacation) space.

Business Area 
Exclusive Stay Services provided to customers via consignment operation of residential and commercial facilities from owners.
Worknstay consigns residential and commercial spaces from its owners to provide various stay services to customers. Most of its stay services are located in Seoul, Jeju, and Incheon. The consigned spaces experienced tripled amount of the net profit compared to before the consignment of these spaces. Moreover, Worknstay not only does stay service, it also operates studio rental, Airbnb related services, party rooms, lounge bars, cafes, etc.
Worknstay receives consignment requests, which goes through internal inspection of the requested location and if the profit and space use adjustment qualifies for consignment, it gets operated by Worknstay. For future scale-up strategy, it wishes to provide specialized workation stay services and grow as a proptech company.

Type of investment

CB convertible bond

Investment Date

Aprill 2023, November 2023

Investment Amount

Approximately KRW 460 million



Seoullab_Partners

02 - 6242 -5126 

seoullabpa@gmail.com

402-ho, 60 Nambusunhwan-ro 339-gil, Seocho-gu, Seoul


Seoullab_Partners

02 - 6242 -5126 

seoullabpa@gmail.com

402-ho, 60 Nambusunhwan-ro 339-gil, Seocho-gu, Seoul

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