WeWork
About
WeWork is a platform for creators that transforms buildings into dynamic environments for creativity, focus, and collaboration.
- New York,New York,United States
- https://www.wework.com
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $355M
- Industries
- Commercial Real Estate,Coworking,Property Development,Real Estate
- Founded date
- Jan 1, 2010
- Operating Status
- Active
- Stock Symbol
- nyse:WE
- Legal Name
- WeWork Companies Inc.
WeWork is a platform for creators that transforms buildings into dynamic environments for creativity, focus, and collaboration. The company transforms buildings into beautiful, collaborative workspaces and provides infrastructure, services, events, and tech so their members can focus on doing what they love.It was founded in 2010 and is headquartered in New York.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 3, 2023 | Post-IPO Debt | $250M | 1 |
SoftBank Vision Fund
|
— | Detail |
| May 12, 2022 | Post-IPO Debt | $350M | 1 |
Brookfield Asset Management
|
— | Detail |
| Oct 29, 2021 | Post-IPO Equity | $150M | 1 |
Cushman & Wakefield
|
— | Detail |
| Oct 21, 2021 | Post-IPO Equity | $800M | 5 | — | — | Detail |
| Oct 21, 2021 | IPO | $1.30B | — | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
May 25, 2022
Upflex
|
Series A | $30M | Enterprise Software | Yes |
|
Jun 5, 2020
WeWork India
|
Corporate Round | ₹7.50B | Yes | |
|
Feb 26, 2019
Landit
|
Series A | $13M | Career Planning | Yes |
|
Dec 19, 2018
The Wing
|
Series C | $75M | Collaboration | — |
|
Mar 9, 2018
Hargol™ FoodTech
|
Convertable Note | $360K | Agriculture | Yes |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
SoftBank Vision Fund
|
Yes | Post-IPO Debt |
|
Brookfield Asset Management
|
Yes | Post-IPO Debt |
|
Cushman & Wakefield
|
Yes | Post-IPO Equity |
SoftBank
|
Yes | Debt Financing |
Goldman Sachs
|
Yes | Debt Financing |
Legend Holdings
|
Yes | Series F |
Glade Brook Capital Partners
|
Yes | Series E |
Wellington Management
|
Yes | Series D |
Aber Whitcomb
|
Yes | Angel |
BlackRock
|
— | Post-IPO Equity |
Employee Profiles
Exits
WeWork has had 2 exits. WeWork most notable exits include The Wing , Luna Lights
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Feb 11, 2021 | The Wing | M&A | Collaboration | Detail |
| Sep 22, 2020 | Luna Lights | M&A | Apps | Detail |
Acquisition
WeWork has acquired 20 organizations. Their most recent acquisition was CASE on Aug 5, 2015. They acquired CASE for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Aug 5, 2015
CASE
|
Construction | — | — | Detail |
|
Mar 18, 2016
Welkio
|
Mobile | acquisition | — | Detail |
|
Jun 7, 2017
Fieldlens
|
Construction | acquisition | — | Detail |
|
Aug 6, 2017
Spacemob
|
Collaboration | acquisition | — | Detail |
|
Aug 11, 2017
Unomy
|
Advertising | acquisition | — | Detail |
