German coworking operator 1000 Satellites has launched a €1 million crowdfunding campaign to fuel its expansion plans and drive profitability.

The company, which has already secured over €360k, aims to open new locations in response to growing demand from corporate clients. They currently run a network of 12 spaces across Germany, and have revenues that doubled between 2023 and 2024 (to €7M). The crowdfunding campaign, launched on Jan 8th on Berlin-based Companisto platform, offers a minimum investment of €250.

Congrats to Caro Windlin, Markus Hummelsberger, Gregory von Abendroth (the three 1000 Satellites GmbH founders) and their team on three years since first signing the documents to start their business partnership.

Caro Windlin shares their take on why 1000 Satellites is taking a different approach from the recently shuttered Everyworks. Notably, they focus on sustainable scalability and regional networks.

Congrats Markus Hummelsberger, Gregory von Abendroth, Caro Windlin and the whole team!

Local operator 1000 Satellites celebrated the opening of their new 800 sqm location in Munich-Obersendling alongside property developers Hammer AG and Optima-Aegidius-Group. This is their 12th regional location.