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

Highlights

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

Number of Funding Rounds

Total Funding Amount

24

$23.49B

WeWork has raised a total of $23.49B in funding over 2 rounds. Their latest funding was raised on Jan 3, 2023 from a Post-IPO Debt round.

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

Number of Investments

Number of Lead Investments

10

7

WeWork has made 10 investments. Their most recent investment was on May 25, 2022, when Upflex raised $30M.

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

Number of Lead Investors

Number of Investors

18

25

WeWork is funded by 25 investors. SoftBank Vision Fund and Brookfield Asset Management are the most recent 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

Number of Employee Profiles

67

WeWork has 67 current employee profiles, including Executive Jeko Kolev

Executive

Employee

Executive

Employee

Executive

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