Spain based Cloudworks coworking operator’s revenues in 2023 grew by 24% to 10,3 Mio €.

Cloudworks, launched in 2015 by entrepreneur Sergi Tarragona Fenosa, counts nowadays a community of 2,900 professionals and 14 locations distributed between Barcelona and Madrid.

“The office market is changing and many companies find themselves needing to make improvements to their workspaces to attract employees back to in-person work,” says the company’s CEO.

Cloudworks has now 50 people in total on its payroll.

In 2022, the company expanded its Paseo de Gracia center in Barcelona, a space that occupies five floors and a total of 4,000 square meters of offer for coworking and serviced offices.

Forecasts for 2024 are positive has Cloudworks expects to reach 12 Mio € revenues in 2024. The coworking operators plans to open new locations. It total, it should operate more than 30.000 m2 of space.