Firmspace
American coworking-space operator focused on private office suites and professional work environments.
Last updated August 24, 2026
Overview
Firmspace is an American coworking-space operator headquartered in Austin, Texas. The company was co-founded by Matt Ferstler in 2016 and developed a workspace model centered on private office suites rather than the open-plan desk arrangements commonly associated with conventional coworking. Firmspace describes this approach as “proworking,” positioning its facilities around privacy, dedicated work areas, and a more traditional professional-office setting while retaining the flexibility associated with shared-workspace providers. The company opened its first location in Austin in November 2017. It subsequently expanded beyond its home market, establishing a Denver location in 2018 and a Houston branch in early 2019. In September 2020, Firmspace opened a fourth location in Atlanta, Georgia. These openings gave the operator a presence in four U.S. cities: Austin, Denver, Houston, and Atlanta. Firmspace’s offering is built around furnished or equipped private offices and office suites intended for professionals, teams, and businesses seeking a dedicated workplace without committing to a conventional long-term office build-out. Its facilities also provide standard coworking amenities, although the company’s stated distinction is the emphasis on enclosed or private working environments rather than predominantly communal seating. During the COVID-19 pandemic, Firmspace presented private offices as a safer alternative to open-plan workspaces, linking its privacy-oriented operating model to heightened concerns about distancing and workplace exposure. Leadership changed in October 2022, when Kenny Kane became chief executive officer. Kane had previously served as Firmspace’s chief operating officer from 2020 to 2022. The available reference material identifies Firmspace as operating four coworking spaces in the United States and does not provide verified information about ownership, revenue, outside investment, public listing, or a broader international footprint. Its known identity therefore remains that of a privately operated, U.S.-focused flexible-office brand whose differentiation is based on private suites, professional presentation, and a “proworking” alternative to open-plan coworking.
History
Firmspace was co-founded by Matt Ferstler in Austin, Texas, in 2016. The company entered the flexible-office market with a concept that differed from the open-plan layout associated with much of the coworking industry. Rather than making communal desks the central product, Firmspace developed a “proworking” model based on private office suites and professional workspace facilities. This approach was intended to provide the convenience and flexibility of coworking while preserving the privacy and dedicated environment of a conventional office. The first Firmspace facility opened in Austin in November 2017. Austin served as the company’s originating market and remains its headquarters location. After establishing the initial site, the company began expanding to additional U.S. cities. It opened a Denver location in 2018, extending the brand beyond Texas. A Houston branch followed in early 2019, giving Firmspace a second Texas market and bringing its known network to three cities. Firmspace’s fourth location opened in Atlanta, Georgia, in September 2020. This expansion occurred during the COVID-19 pandemic, a period when workspace operators faced changing expectations regarding density, workplace design, and health precautions. During the pandemic, Firmspace emphasized its private offices as a safer alternative to open-plan workspaces. The company’s privacy-focused format consequently became not only a product distinction but also part of its response to the changing workplace environment. By the period covered in the available reference material, Firmspace operated four coworking spaces in Austin, Denver, Houston, and Atlanta. Its facilities were positioned as professional environments for individuals and businesses seeking private offices, office suites, and flexible workspace rather than primarily shared seating. No verified information in the supplied sources establishes a larger international network, public-company status, ownership structure, revenue figures, or a parent organization. The company underwent a leadership transition in October 2022. Kenny Kane became chief executive officer after serving as chief operating officer from 2020 through 2022. The change marked a formal shift in operational leadership while Firmspace continued to be identified with its private-suite and “proworking” concept. The available historical record does not document further geographic expansion or major corporate transactions after the Atlanta opening and the 2022 CEO appointment.
- 2022Kenny Kane appointed CEO
Kenny Kane became chief executive officer in October 2022 after serving as chief operating officer.
- 2020Atlanta location opens
The fourth Firmspace location opened in Atlanta, Georgia, in September 2020.
- 2019Houston expansion
Firmspace opened a Houston branch in early 2019.
- 2018Denver expansion
The company established a coworking location in Denver.
- 2017First facility opens
Firmspace opened its first location in Austin in November 2017.
- 2016Firmspace co-founded in Austin
Matt Ferstler co-founded Firmspace in Austin, Texas, establishing the company that would develop a private-office-centered coworking model.
Products and positioning
Firmspace positions itself as a professional alternative to open-plan coworking, emphasizing private office suites, privacy, and dedicated work environments while retaining the flexibility of shared workspace.
Private office suitesFlexible office space
Private office suites are the central offering associated with Firmspace. They provide dedicated work areas within a shared professional facility, distinguishing the brand from coworking formats based primarily on communal desks. The suites are intended to combine privacy and a more conventional office environment with the flexibility of a coworking operator.
Firmspace coworking facilitiesCoworking spaces2017
Firmspace operates coworking facilities in Austin, Denver, Houston, and Atlanta. The locations provide office-based workspace and standard shared-facility amenities, but the company’s operating concept prioritizes private suites and professional surroundings over predominantly open-plan seating.
ProworkingWorkspace concept
“Proworking” is Firmspace’s label for its private-office-oriented approach to flexible workspace. The concept is designed as an alternative to open-plan coworking, focusing on dedicated offices, privacy, and a professional work setting while maintaining the accessibility and flexibility associated with shared-office providers.
Flagship businesses
- Private-office coworking under the Firmspace “proworking” model
Brand decisions
- 2020Emphasis on private offices during the COVID-19 pandemicStrategy
The COVID-19 pandemic increased attention to workplace density, shared environments, and privacy. Firmspace’s operating model was already centered on private offices rather than open-plan desks.
What changed. Firmspace presented its private offices as a safer alternative to open-plan workspaces, reinforcing the privacy-oriented positioning of its “proworking” model.
Aftermath. The available sources do not provide measured business results or financial effects from this positioning.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Kenny Kane | Chief Executive Officer | 2022– |
| Kenny Kane | Chief Operating Officerformer | 2020–2022 |
| Matt Ferstler | Co-founderformer | 2016– |
Recent events
- 2022Kenny Kane becomes chief executive officer
Kenny Kane became Firmspace’s CEO in October 2022 after serving as the company’s chief operating officer from 2020 to 2022.
Leadership change - 2020Firmspace opens Atlanta location
The company opened its fourth location in Atlanta, Georgia, in September 2020.
Other - 2019Firmspace opens Houston branch
Firmspace opened a Houston location in early 2019, adding a third city to its U.S. network.
Other - 2018Firmspace expands to Denver
The coworking operator established a location in Denver as part of its expansion beyond Austin.
Other - 2017Firmspace opens its first Austin facility
Firmspace opened its first coworking facility in Austin, Texas, in November 2017 after being co-founded in 2016.
Other
Sources
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