It’s a relatively new office concept…work clubs. Switchyards is an idea that came out of the effect Covid had on office use. Switchyards operates a chain of neighborhood work clubs. The clubs are open 24 hours a day, offering unlimited coffee and tea. They have meeting rooms, phone booths and spots for deep thinking. An introductory teaser offers new members eight days for $12. Memberships go up from there. For most, it costs $100 a month to join Switchyard, and each club has between 300 and 700 members.
So far, there are 13 club locations in Atlanta, Charlotte and Nashville. Switchyards plans to grow to 200 locations over the next five years.
The Atlanta Business Chronicle reports the company said it had raised $5 million to help fuel the expansion. The investment was led by San Francisco-based Bullpen Capital, with participation from existing investors Bellevue, Washington-based Cercano and Atlanta-based Overline.
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