LOS ANGELES, CA, February 14, 2025 — The Preccelerator™ Program, an accelerator for early-stage startups powered by Stubbs Alderton & Markiles, LLP, announces the addition of wrkspace, an innovative Workspace-as-a-Service (WaaS) platform, to its latest cohort.
Led by co-founder Stephen Hargett, who brings over 15 years of leadership experience from industry giants, including Apple, Tesla, and WeWork, wrkspace transforms how businesses and professionals access flexible workspaces. The platform bridges the critical gap between underutilized commercial real estate and the growing demand for adaptive workspace solutions.
"Joining the Preccelerator is an incredible opportunity for wrkspace as we continue to scale our impact in the future of work," says Hargett. "This program provides the mentorship, resources, and network we need to refine our model and accelerate growth. We're excited to collaborate, learn, and build alongside a community that shares our vision for innovation and economic development."
Since its inception, wrkspace has demonstrated remarkable traction, with over 100 premium workspaces onboarded across multiple markets and $30,000 in committed Annual Recurring Revenue (ARR). The company is on track to exceed $100,000 in ARR before Q1 2025, backed by a robust pipeline of contracts and strategic partnerships with municipalities.
What sets wrkspace apart is its unique approach to economic development through:
- Strategic partnerships with local governments to revitalize commercial spaces and create job opportunities
- Enhanced workforce resilience through accessible, cost-effective workspace solutions
- Creation of new revenue streams for property owners by activating underutilized spaces
The Preccelerator™ Program, established in 2013 by Stubbs Alderton & Markiles, LLP, offers a comprehensive six-month program that includes capital investment, access to co-working space in Santa Monica, guidance from over 100 mentors, $25,000 in legal service credits, and exclusive perks from partners like Google LLC and HubSpot.
About wrkspace
wrkspace is a pioneering Workspace-as-a-Service platform that connects businesses and professionals with flexible, high-quality workspace solutions. By transforming underutilized commercial real estate into vibrant work environments, wrkspace creates economic opportunities and fosters community engagement while supporting the evolving needs of modern businesses.
About the Preccelerator™ Program
The Preccelerator™ Program is an accelerator for early-stage startups that provides sophisticated legal services, interim office space, mentorship, targeted curriculum, investment strategy counseling, and access to a strategic perks portfolio. The program aims to help transform business concepts into funded startups through comprehensive support and resources.
Learn more about the Preccelerator™ Program here.
Learn more about wrkspace here.
