BREAKING — COLABS opens 4,000 sqm flagship campus in Al-Narjis, northern Riyadh ● 5,000+ members across 10+ locations ● $8M+ raised from Shorooq, Waseel & Zayn VC ● Founded 2019 by twins Omar & Ali Shah ● Two months free on annual contracts before July 31, 2026 BREAKING — COLABS opens 4,000 sqm flagship campus in Al-Narjis, northern Riyadh ● 5,000+ members across 10+ locations ● $8M+ raised from Shorooq, Waseel & Zayn VC ● Founded 2019 by twins Omar & Ali Shah ● Two months free on annual contracts before July 31, 2026
Company Profile — Flexible Workspace & Community

COLABS

The workspace platform that rents you a market, not just a desk - now open in Riyadh.

Founded 2019 Riyadh · Lahore · Karachi · Islamabad Coworking + Business Solutions

Above: the COLABS wordmark. A company that began in a single Lahore building in 2019 and, six years later, cut the ribbon on a 4,000-square-meter campus in northern Riyadh.

COLABS logo
The Story

A coworking company that sells the whole landing

Most coworking operators sell square footage. COLABS sells something closer to a runway. Founded in Lahore in 2019 by twin brothers Omar and Ali Shah, the company built fully serviced, move-in-ready offices and coworking floors - then wrapped them in the back-office work that usually slows a growing company down: recruitment, payroll, and compliance.

That bundle is the point. For a startup scaling in Pakistan, or a foreign company trying to enter a new market, the office is the easy part. Everything around it - hiring legally, paying people, staying compliant - is where momentum dies. COLABS positions itself as the soft landing for exactly that problem.

In April 2026 the company carried the model into Saudi Arabia, opening a 4,000-square-meter flagship campus in the Al-Narjis district of northern Riyadh. Named COLABS Narjis, it was built for more than 500 members, from early-stage founders to enterprise teams, with 10+ meeting rooms, event space for 200-plus, a rooftop terrace, a podcast studio, a daycare, and an on-site cafe.

Underneath the amenities is a thesis about corridors. COLABS wants to connect the Pakistani and Saudi business ecosystems - two markets with deep talent and capital ties that have lacked shared infrastructure. The Riyadh campus is the first physical bridge.

By The Numbers
500K+
Sq Ft Managed
5,000+
Members
10+
Locations
$8M+
Raised
250+
Partners
500+
Events Hosted
200+
Companies
4,000
Sqm Riyadh Campus
Products & Services

What you can actually do here

Workspace

Flexible Workspaces

Fully serviced, move-in-ready private offices, dedicated desks, and coworking seats for individuals, startups, and enterprise teams.

Market Entry

Business Solutions

A soft landing for companies entering emerging markets - recruitment, payroll, and compliance handled so teams can operate from day one.

Community

Ecosystem Initiatives

Programs blending entrepreneurship, innovation, arts, and music to build a real community around the desks.

Network

Community & Events

Networking and partner programming for creators and founders - 500+ events hosted and a network of 250+ partners.

Riyadh 2026

COLABS Narjis

The 4,000 sqm flagship campus in northern Riyadh: 10+ meeting rooms, a 200-person event space, rooftop terrace, podcast studio, daycare, and cafe.

Model

Membership Plans

Monthly and annual contracts scale from a single seat to full private floors, with business support layered on top.

“Saudi Arabia represents a significant long-term market for us. Our focus is on building environments where ambitious companies can work more effectively.”
Omar Shah — Co-Founder & CEO, COLABS
The Market

Who it serves, and how it stands apart

Who uses COLABS

  • Early-stage startups looking for room to grow
  • Scaling companies that outgrew a home office
  • Enterprise teams needing serviced satellite space
  • Freelancers and independent creators
  • Foreign companies entering the Saudi or Pakistani market

Partner and member brands include Spotify, EY, Endeavor, Google Cloud, and Rocket Internet.

How it's different

  • Bundles back-office support (payroll, hiring, compliance) with the lease
  • Community-led model - the network inside the building is the product
  • Cross-border focus bridging Pakistan and the Gulf
  • Ecosystem programming that mixes startups with arts and music
  • Local operator competing against global giants like WeWork and IWG
Backing

The money behind the model

RoundAmountDateSelected Investors
Seed$3M2021Indus Valley Capital, Zayn Capital, Fatima Gobi Ventures, Shorooq Partners, Kinnow Capital; angels Turner Novak & William Hockey
Total raised to date$8M+2026Shorooq Partners, Waseel Partners, Zayn VC, Indus Valley Capital, Fatima Gobi Ventures, Capital Valley, Waad VC

Early support came via SABCON and was initially funded by Bangerhead, a Swedish e-commerce company. COLABS became Pakistan's first venture-backed collaborative workspace.

Timeline

From one Lahore floor to a Riyadh campus

2019

COLABS is founded in Lahore

Twin brothers Omar and Ali Shah launch COLABS as a flexible coworking space and business accelerator.

2021

First venture round

A $3M seed led by Indus Valley Capital, Zayn Capital, and Fatima Gobi Ventures makes COLABS Pakistan's first venture-backed collaborative workspace.

2022

Scaling across Pakistan

COLABS expands to 10+ locations across Lahore, Karachi, and Islamabad, passing 5,000 members.

2025

Saudi expansion announced

COLABS reveals its move into Saudi Arabia, backed by Waseel Investments, Shorooq Partners, and Waad VC.

2026

COLABS Narjis opens in Riyadh

A 4,000 sqm flagship campus opens in Al-Narjis, marking the company's entry into the Saudi market.

Notable Details

Things worth knowing

Co-founded by twin brothers, Omar and Ali Shah.
The Riyadh campus includes a daycare and an on-site cafe alongside a podcast studio.
The workspace blends entrepreneurship with arts and music initiatives.
Angel investors include Plaid co-founder William Hockey and Turner Novak.
FAQ

Questions people ask

What is COLABS?

COLABS is a flexible workspace and community platform offering fully serviced offices, coworking space, and back-office business support for startups, scaling companies, and enterprise teams.

Where is COLABS located?

COLABS operates 10+ locations across Pakistan (Lahore, Karachi, Islamabad) and opened a flagship campus in the Al-Narjis district of Riyadh, Saudi Arabia, in April 2026.

Who founded COLABS?

COLABS was founded in 2019 by twin brothers Omar Shah (Co-Founder & CEO) and Ali Shah.

How much funding has COLABS raised?

COLABS has raised more than $8 million from investors including Shorooq Partners, Waseel Partners, Zayn VC, Indus Valley Capital, and Fatima Gobi Ventures.

What makes COLABS different from other coworking spaces?

Beyond desks, COLABS bundles business solutions such as recruitment, payroll, and compliance to give companies a soft landing in new markets, and builds a community ecosystem blending entrepreneurship, arts, and music.

Connect

Find COLABS

Official Channels
Watch & Read
Share This Profile