Monday 8th April 2024

How Cryptio saved £11,700 on a stunning office in Clerkenwell with Tally Workspace
Laura Beales 2 minute read

How Cryptio saved £11,700 on a stunning office in Clerkenwell with Tally Workspace
“Tally helped us find our new office at lightning speed. Jules, Laura, and the team are the best at what they do. We wanted a rooftop, natural light, a central location, and a good deal. They got us 10+ solid options within 48hrs and scheduled all the viewings. Highly recommend. We found our new space within 2 weeks.“
Hemant, Head of Revenue, Cryptio.

The brief:
  • Location: Holborn, Chancery lane, Farringdon, or Clerkenwell
  • Size: 15-17 desks 
  • Requirements: Use of meeting room, outdoor space, lots of natural light, and preferably a south-facing office
What they love about their new space:
  • Tonnes of space
  • Great exposed brick hipster vibes
  • Rooftop
  • Whitecross Street market
  • £11,700 of saving
  • Close to other crypto companies
 
Background:  
As with many crypto companies, Cryptio had scaled rapidly over the past few years. Resulting in a larger team and a need for a larger space. But finding the ‘right’ space and getting that space for a good price is a tricky business. Tally Market aims to make finding an office stress free whilst ensuring you are getting the best space for your team at the best price.
 
Cryptio is an institutional-grade crypto accounting platform. Their software helps financial institutions, corporates, and crypto-native companies navigate the digital-asset landscape. They bridge the gap between accounting systems and blockchain.
 
Earlier this year Cryptio had closed its Series A round of investment and was looking for a new home for its growing team. They were in a WeWork and were considering a change.
 
Cryptio team on moving day

The process
Tally Market did a full market review of the options available to Cryptio that fitted the bill. At Tally Market we always do a full market review based on our client requirements so that we can be 100% they are choosing the best space for their team. 
 
We had a short call to talk them through the options and produce a shortlist for viewings.  In this call we also identified that the availability and cost of meeting rooms was key. Also the aesthetic.
 
Cryptio decided to visit six of the shortlisted spaces. On the day of the viewings, the whole UK team, wearing their must-have item - a Cryptio-branded t-shirt. The CEO also came over from Paris to join the team.
 
Cryptio decided to view a range of options which helped them narrow down what mattered most to them.  At the end of the viewings the team narrowed down the options to two.
Fora Clerkenwell cafe area on Tally Market

Negotiations:
With two options to choose from it was time to negotiate. Tally Market negotiated hard on Cryptio’s behalf using our knowledge of the market to ensure they were getting the best price.
 
After some tough but quick negotiations, Crypto decided to go with an amazing office at FORA Clerkenwell on Dallington Street. The office itself had exposed brick and lots of natural light. FORA Clerkenwell itself was very well located for the team, close to lots of their customers. The venue also has a stunning breakout space, bar, and roof terrace. The office was signed for within two weeks of Cryptio reaching out to Tally Market.

The Tally Market team was able to save Cryptio £11,700 on their rent. A substantial amount for a startup.

The view from Cryptio's new office
 
Are you ready to find your team a new office they can call home?
 Then reach out to Tally Market who will do a full market review, shortlist options to fit your needs, arrange viewings and negotiate on your behalf.  Finding a new office does not need to be lengthy or stressful!



Written by Laura Beales

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